Asia Pacific real estate investment news and information
Mapletree Logistics Trust (MLT) is adding a warehouse in Malaysia and a pair of logistics assets in Vietnam for a total of S$234 million ($174 million), as it continues to expand its Southeast Asia portfolio.
The manager of Singapore-listed MLT… Read More>>
Vietnam’s best-known industrial builder has hired former Ally Logistic Property executive Gene King as chief investment officer, according to an announcement today.
King’s appointment to the newly created position at BW Industrial Development takes effect immediately, as the Warburg Pincus-backed… Read More>>
Daiwa House Logistics Trust is expanding beyond its home market of Japan with the SGX-listed REIT having agreed to acquire a newly built warehouse near Ho Chi Minh City from its sponsor for VND 483 billion ($20 million).
The trust… Read More>>
Having earlier this month charged former Van Thinh Phat boss Truong My Lan and 85 co-defendants with embezzling VND 304 trillion ($12 billion), Vietnamese authorities now say they are tracking the company’s laundering of its ill-gotten cash through real estate… Read More>>
Vietnamese developer BW Industrial has broken ground on its 10th project this year, and its third development joint venture with industrial giant ESR, with the two companies joining forces to build a new facility in Haiphong.
Together with its Hong… Read More>>
London-based fund manager Actis has sold its remaining interest in an industrial park in northern Vietnam to its local joint venture partner, exiting its first-ever real estate investment in the Southeast Asian nation.
Actis completed its sale of the 49-percent… Read More>>
Jailed Vietnamese property tycoon Truong My Lan, whose family built a cache of properties in Hong Kong and Singapore worth hundreds of millions of dollars, has been indicted with 85 co-defendants on charges of embezzling VND 304 trillion ($12 billion)… Read More>>
Canadian property consultancy Avison Young has entered the Vietnam market, linking up with an existing 100-person team formerly affiliated with fellow Toronto-based company Colliers.
In an announcement this past week Avison Young said it had hung out its signboard on… Read More>>
Vietnamese developer Novaland has bid farewell to two board members in the span of a month, one of whom tendered his resignation less than 20 days into the job.
Do Thi Phuong Lan and Nguyen Tran Dang Phuoc, both former… Read More>>
After going public less than six years ago, Thailand-listed Strategic Hospitality REIT has sold its entire three-hotel portfolio for $106.1 million, narrowly avoiding an imminent loan default.
The disposal of the three assets — the five-star Pullman Jakarta Central Park… Read More>>
