Asia Pacific real estate investment news and information
Singapore sovereign giant GIC has teamed up with London-based developer Chancerygate to acquire a portfolio of 17 UK industrial assets from Legal & General Investment Management for an undisclosed price.
The Gigha portfolio spans 626,000 square feet (58,157 square metres)… Read More>>
UOL Group has agreed to acquire a student housing complex in southern England for £43.5 million ($59 million), becoming the latest Singaporean builder to bet on the education-related living segment in Britain.
SGX-listed UOL is buying Varley Park, a complex… Read More>>
With demand on the rise for large-scale logistics properties in the UK, CapitaLand Ascendas REIT (CLAR) announced on Monday that it has agreed to purchase development sites in the country’s Midlands area for GBP 203.5 million ($274 million).
The proposed… Read More>>
A Chinese toy maker is showing London’s upper crust that funny dolls can be turned into serious real estate with a company linked to Hong Kong-listed Pop Mart picking up a mixed-use building in the UK capital, according to market… Read More>>
Singapore’s Far East Orchard this week announced the final closing of its maiden private fund focused on purpose-built student accommodation in Britain, with the vehicle having secured £96 million ($129.5 million) in committed capital.
Institutional investors contributed 63.5 percent of… Read More>>
Singapore-based Hoi Hup Realty has won approval for an office-led redevelopment aiming to deliver 370,000 square feet (34,374 square metres) of workspace near the City of London.
The City of London Corporation granted planning consent for the project comprising three… Read More>>
Lendlease on Monday announced the sale of six UK development assets into a joint venture between the Aussie builder and a property firm owned by the British monarch, as the ASX-listed group continues to pare back its global operations in… Read More>>
Japanese property giant Mitsubishi Estate has begun construction of two wholly owned London office projects with a combined development cost of JPY 248 billion ($1.7 billion).
The projects involve the redevelopment of the former ITV head office and studios on… Read More>>
Singapore’s Mapletree Investments has sold two purpose-built student accommodation assets in Scotland to Dutch fund manager CVC DIF for an undisclosed price, as the Temasek-owned property group continues to reconfigure its UK student housing portfolio.
CVC DIF acquired the 356-bed… Read More>>
A mainland billionaire has walked away from plans to redevelop a London trophy project, selling a West End office block for a fraction less than the 2015 purchase price as Chinese investors continue to dispose of properties in the UK… Read More>>
