Asia Pacific real estate investment news and information
US private equity major TPG has offered to acquire Singapore’s Econ Healthcare Asia in a deal valuing the SGX-listed nursing home operator at S$87.8 million ($65.5 million).
Funds managed by Texas-based TPG aim to buy Econ’s 265,910,891 issued shares for… Read More>>
Sales of new private homes in Singapore rose more than three and a half times in January compared to the first month of last year, as buyers regained their hunger for housing thanks to lower interest rates and a salvo… Read More>>
Singapore’s LHN Group has inked a second joint venture with the family behind listed builder Oxley Holdings to buy a property in the Lion City’s Geylang area for S$30 million ($22.4 million) for redevelopment as a commercial project.
The partners… Read More>>
A unit of bankrupt builder China Evergrande has received a liquidation order from a Hong Kong court, with that story leading today’s headline roundup. Also in the news, four developers submit bids for a site near Hong Kong’s international airport… Read More>>
A firm controlled by the Lun family behind real estate investor Winland Group has agreed to sell an 800-room hotel to Hong Kong’s airport authority for HK$765 million ($98.2 million), as acquisitions by governmental bodies and non-profits continue to sustain… Read More>>
Thai billionaire Charoen Sirivadhanabhakdi has retired from his role as chairman of Frasers Property as part of a board refresh at the Singapore-based real estate giant.
Charoen, the 80-year-old patriarch of Frasers Property’s controlling family, stepped down on 8 February… Read More>>
GIC teams with a Canadian REIT to buy a North Vancouver industrial project, with that deal leading today’s headline roundup. Also in the news, Singtel’s Nxera secures financing for a Singapore data centre and Temasek’s SeaTown lends $100 million to… Read More>>
Fund manager Gaw Capital Partners has acquired an 11-storey mall in Tokyo’s prime Ginza district under a joint venture with Patience Capital Group, with market sources who spoke to Mingtiandi on Friday confirming a deal value of $1 billion.
Hong… Read More>>
Singapore’s GuocoLand continued to demonstrate its appetite for land this past week as the developer placed the highest of five bids for a residential site in Singapore’s River Valley area.
The builder controlled by tycoon Quek Leng Chan offered S$627.8… Read More>>
Hong Kong real estate group CSI Properties is reinforcing its balance sheet amid a slumping local market with HK$2 billion ($260 million) in fresh fundraising, including HK$758 million in new equity capital from fund manager Gaw Capital Partners.
CSI will… Read More>>
