Asia Pacific real estate investment news and information
Mori Trust has acquired the hotel, office and retail portion of a skyscraper in New York City’s Hudson Yards megaproject for $541 million, marking the Japanese developer’s second real estate investment in Manhattan.
Privately held Mori Trust purchased the first… Read More>>
Japanese insurer Tokio Marine Holdings has agreed to acquire a majority stake in Acore Capital, a US investment manager specialising in commercial real estate debt.
Tokio Marine is investing in San Francisco-based Acore through its wholly owned subsidiary Delphi Financial… Read More>>
Australian developer Goodman Group and the country’s Aware Super pension fund have set up a $1.3 billion US logistics platform seeded with three assets in the Los Angeles area.
The assets comprise 2,775,000 square feet (257,806 square metres) of built… Read More>>
Mapletree Investments has sold a set of warehouses near Washington DC to fund manager Equus Capital Partners for $102.6 million, as the Singaporean real estate player continues to cash out of its US industrial assets.
The 576,852 square foot (53,591… Read More>>
Mapletree Investments is offloading its second set of US warehouses in less than a month, with the Singaporean property player announcing the sale of a 10-asset portfolio to Sweden’s EQT Real Estate for $241.2 million.
The disposal of the 2.4… Read More>>
US builder Hines has formed a joint venture with Sumitomo Forestry and Chuo-Nittochi to develop a multi-family project in northern Virginia, as Japanese real estate groups continue to explore opportunities overseas.
The six-storey Potomac Shores will provide 365 rental apartment… Read More>>
Mapletree Investments has sold a 30-asset portfolio of industrial properties to New Jersey-based fund manager Faropoint for $328 million, marking the Singaporean real estate player’s first major US warehouse disposal.
The portfolio comprises multi-tenant warehouse buildings in Florida, Georgia, New… Read More>>
A vehicle managed by Hong Kong’s Gaw Capital Partners has defaulted on a $100 million loan linked to a 500-room California hotel, according to a local media account citing official records.
Fund manager Gaw purchased the Oakland Marriott City Center… Read More>>
After denying that a landmark Miami project was for sale last May, Swire Properties is bowing to lacklustre pre-leasing demand and seeking a buyer for the office development planned as the city’s tallest skyscraper upon completion.
The Hong Kong builder… Read More>>
Less than a month after selling its majority stake in Asia Pacific server-hosting giant AirTrunk, Macquarie Asset Management has agreed to provide up to $5 billion in funding for US data centre startup Applied Digital.
Under the deal terms, a… Read More>>
