Asia real estate and outbound investment news
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>>
The Canada Pension Plan Investment Board has sold its interest in a North American warehouse partnership with Australia’s Goodman Group, dealing the 45 percent stake to Norway’s sovereign wealth fund last week for $1.07 billion.
The transaction with Norges Bank… Read More>>
CapitaLand Ascendas REIT has agreed to buy a modern warehouse in the state of Indiana from logistics giant DHL for S$150.3 million ($115.8 million), marking CLAR’s second US industrial acquisition to be announced in as many months.
DHL will lease… Read More>>
A joint venture of Singapore sovereign giant GIC and a NYSE-listed REIT has agreed to acquire a pair of US hotels for $96 million.
The two-asset portfolio consists of the 250-key Hampton Inn Boston Logan Airport in the Massachusetts capital… Read More>>
One of Japan’s largest developers just gave a vote of confidence to New York City’s office market with Mori Building announcing late this week that it has acquired an 11 percent stake in supertall One Vanderbilt Avenue from property giant… Read More>>
CapitaLand Ascendas REIT on Friday announced its acquisition of a US logistics project at a total investment cost of S$94.8 million ($70.5 million).
CLAR purchased a land parcel in Summerville, South Carolina, near the southern state’s largest city of Charleston,… Read More>>
Japanese developer Sekisui House has agreed to sell a set of four apartment buildings in Washington DC to the company’s sponsored REIT for $279 million.
City Ridge in the US capital is a mixed commercial and residential development with a… Read More>>
Lendlease has agreed to sell its US military housing business to American investment firm Guggenheim Partners for A$480 million ($320 million), as the Australian developer carries out a plan to scale back overseas activity and focus on domestic operations.
The… Read More>>
Singapore-listed CapitaLand Ascott Trust has taken full ownership of Standard at Columbia after acquiring the remaining 10 percent stake in the US student accommodation asset.
In 2021, CLAS (then known as Ascott Residence Trust) teamed with sponsor The Ascott Ltd… Read More>>
Fresh off becoming America’s fifth-largest homebuilder, Japanese developer Sekisui House is selling a Seattle luxury apartment complex to the company’s sponsored REIT for $328 million.
The Ivey on Boren comprises 406 rental units in the heart of Washington state’s biggest… Read More>>
