Asia Pacific real estate investment news and information
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>>
Far East Consortium International has agreed to sell a partially completed London project to controversial Hong Kong finance firm AMTD IDEA Group for £47.2 million ($57.2 million), as the developer continues to shed UK properties.
FEC International is selling its… Read More>>
Singapore’s GIC and joint venture partner British Land are selling a 50 percent stake in an office project at their Broadgate campus in London’s central business district to Abu Dhabi developer Modon Holding for an undisclosed price.
The $801 billion… Read More>>
Chinese Estates Holdings is said to have received bids as low as 35 percent below asking price for an office block in London’s West End, as the Hong Kong-based developer plans to divest one of its last remaining UK investment… Read More>>
GIC has sold its 50 percent interest in Westquay for £135 million ($174 million), or nearly 55 percent less than what the Singapore sovereign fund paid for the half-stake in the southern England mall more than seven years ago.
The… Read More>>
