Asia Pacific real estate investment news and information
Fund manager Kenedix has partnered with fellow Japanese property player Hulic and US investment firm Kennedy Wilson to acquire a Seattle multi-family property for $173 million.
The 265-unit apartment complex, known as The Danforth, is in the densely populated First… Read More>>
Home prices in China declined more quickly in May, as a prolonged housing slump continued to weigh on the world’s second-largest economy despite successive rounds of policy support measures.
An index of new home prices in 70 major Chinese cities… Read More>>
The Singapore government cuts back on its residential land sales programme, with that policy move leading today’s headline roundup. Also in the news, Malaysia’s IOI Properties plans an SGX-listed REIT and China’s COSCO joins the consortium to buy Li Ka-shing’s… Read More>>
Investors including Gaw Capital Partners, PAG and the merchant banking arm of Goldman Sachs are set to dispose of a commercial complex on Shanghai’s famed West Nanjing Road for less than the loan balance owed on the property as the… Read More>>
Singapore-based Digital Edge has set up a joint venture with Thailand’s B.Grimm Power to build a 100-megawatt data centre campus in the industrial heartland east of Bangkok.
Operating under the brand name Digital Edge DC, the partnership aims to invest… Read More>>
A private fund managed by CapitaLand Investment has acquired a Tokyo mixed-use complex in a deal valuing the property at over JPY 30 billion ($210 million), with the Singaporean firm seeking to reposition the asset as a serviced residence offering… Read More>>
The manager of Link REIT is exploring the possibility of spinning off some of the HKEX-listed trust’s properties outside of mainland China and Hong Kong into a separate entity to be listed on the Singapore Exchange, market sources confirmed to… Read More>>
Hong Kong fund manager Gaw Capital’s 500-room California hotel goes under the gavel at a foreclosure auction, with that story leading today’s headline roundup. Also in the news, Keppel DC REIT rejoins Singapore’s Straits Times Index and Country Garden’s sales… Read More>>
Just days after entities under its controlling shareholders completed the sale of its remaining wing of a mall in northern Singapore to a REIT under its sponsorship, Frasers Property has acquired a cinema complex next to the shopping centre for… Read More>>
Japanese investors continue to expand their role on the global stage with Dai-Ichi Life Holdings set to take a 15 percent stake in M&G PLC, according to an announcement late on Friday.
Japan’s second-largest life insurer is establishing a partnership… Read More>>
