Asia Pacific real estate investment news and information
SC Capital Partners has purchased an office building in North Sydney from BlackRock for A$127 million ($83 million), as the Singapore-based private equity shop adds another Aussie asset to its portfolio.
Thai financier Suchad Chiaranussati’s firm said that it had… Read More>>
Kailong Real Estate Investment has promoted Don Tan to managing director of fund management, just three months after the private equity firm reached a final close of $575 million on its second US-dollar denominated, China-focused property fund.
Based in Kailong’s… Read More>>
The Hainan government has moved to take direct control of HNA Group with the appointment of two state officials to leadership roles on the company’s board, according to announcements over the weekend by the financially troubled aviation and investment conglomerate.
Hong Kong property billionaire Peter Woo is offering to take Hong Kong-listed Wheelock & Company private in a deal worth just under HK$48 billion ($6.2 billion), according to a stock exchange filing.
Woo, whose family controls the 93-year-old firm chaired… Read More>>
ARA Asset Management together with the property arm of British Columbia Investment Management today announced their acquisition of a Melbourne office development valued at A$330 million ($218 million), confirming a Mingtiandi report from earlier this month.
In a joint statement,… Read More>>
Despite the market continuing to be quiet across Greater China, Savills’ reported brokering of the RMB 8 Billion ($1.1 billion) sale of LG Group’s Beijing HQ tops Asia’s deal charts this week, with the deal ranking as the biggest transaction… Read More>>
A fund managed by Seoul-based KB Asset Management has purchased a landmark development in Dallas, Texas, reportedly teaming up with its compatriots at NH Investment & Securities to lasso the commercial complex for $370 million.
The asset management arm of… Read More>>
ESR Australia has put Brisbane’s State Law Building on the market with the sale expected to fetch upwards of A$275 million ($184 million), as the logistics specialist continues to offload non-core assets down under.
The Warburg Pincus-backed company, which has… Read More>>
Hong Kong-based real estate investment firm Far East Consortium International has appointed Derek Cheung as chief executive officer of a hotel trust that the group plans to list in the coming months.
Cheung, who started his new role as head… Read More>>
ESR is investing JPY 27 billion ($250 million) to develop the largest distribution centre in Greater Nagoya, as the Hong Kong-listed logistics specialist pushes forward with its expansion in Japan.
Developing the Yatomi Kisosaki Distribution Centre will add a further… Read More>>
