Asia Pacific real estate investment news and information
Singapore-based Q Investment Partners has formed a £100 million ($128 million) UK student housing joint venture with Malaysian builder Gamuda Land to develop a 299-bed project in southeast London.
The property in the Woolwich area on the south bank of… Read More>>
GIC has sold its 17.5 percent stake in the UK’s fifth largest mall to London-based developer and property investor Land Securities Group (Landsec) for £120 million ($152 million), with the Singaporean sovereign fund taking a 62 percent haircut on its… Read More>>
Ada Infrastructure, the data centre platform backed by Asian industrial specialist GLP, has received approval to build a 210-megawatt London campus that would be one of the city’s largest server-hosting facilities.
Ada’s flagship development in Britain got the go-ahead from… Read More>>
A private investment vehicle backed by some of Hong Kong’s biggest property tycoons has slashed the asking price for a prime office building in London’s prestigious St James’ district, after the property’s value fell as much as 18.5 percent from… Read More>>
Guangzhou R&F Properties (R&F) this week averted default on an £800 million project loan for its One Nine Elms development in southwest London, signing a deal to sell the $1.3 billion UK condo and hotel project after winning consent from… Read More>>
Singapore’s Mapletree Investments continues to expand its global portfolio of student housing with the unit of Temasek Holdings announcing on Friday that it has acquired 31 purpose-built student accommodation (PBSA) assets in Europe from its compatriots at Cuscaden Peak Investments.
Far East Orchard is expanding its portfolio of UK purpose-built student accommodation (PBSA) portfolio into Scotland with a £38.9 million ($50 million) development joint venture in Glasgow.
Far East Orchard, the SGX-listed investment unit of regional developer Far East Organization,… Read More>>
Singapore investment manager Sun Venture has made its first hospitality bet by acquiring a 280-key hotel in central London from UK asset manager Resolution Property for less than £100 million ($126.5 million), according to market sources familiar with the transaction.
City Developments Ltd (CDL) continues to ramp up its presence in the UK’s build-to-rent sector with the Singaporean property giant announcing this week that it has acquired a £88 million ($111 million) rental residential project in West London’s White City… Read More>>
Indian vaccine tycoon Adar Poonawalla is reportedly spending about £138 million ($173 million) to purchase a mansion in London’s West End in what ranks as the UK capital’s most expensive home purchase this year.
Poonawalla, chief executive of Serum Institute… Read More>>
