Asia Pacific real estate investment news and information
Debt-ridden Dalian Wanda Group has agreed to sell its hotel management arm to a Tencent and Trip.com-backed travel company for RMB 2.5 billion ($347 million), as the property conglomerate continues to shed assets.
Wanda Hotel Development Limited, which is 65… Read More>>
Singapore’s Keppel Ltd has announced capital commitments totalling S$2 billion ($1.5 billion) for its latest data centre and education asset funds and an existing strategy focused on sustainable urban renewal.
The funding haul includes a $580 million first closing on… Read More>>
Cushman & Wakefield has promoted Asia Pacific boss Matthew Bouw to an expanded brief as the consultancy’s chief executive of APAC and EMEA, effective from the first of May.
In his new role, Bouw will oversee “a single operating model”… Read More>>
Today’s Mingtiandi headline roundup kicks off with sale efforts for two Seoul office towers, including the headquarters building of video game giant Netmarble. Also in the news, Hong Kong shop fund Bridgeway continues to unload retail properties at a loss… Read More>>
Singapore’s Mapletree Investments has sold two purpose-built student accommodation assets in Scotland to Dutch fund manager CVC DIF for an undisclosed price, as the Temasek-owned property group continues to reconfigure its UK student housing portfolio.
CVC DIF acquired the 356-bed… Read More>>
Canada’s Brookfield Asset Management on Monday said it will expand its Asia Pacific logistics bets with a NZ$1 billion ($588 million) logistics joint venture in Hamilton, New Zealand.
The world’s second-largest real estate fund manager is tying up with Tainui… Read More>>
Australian warehouses continue to be a top target for institutional investors with Manulife Investment Management announcing on Monday that it has acquired a logistics park in suburban Sydney.
The wealth management unit of Canada’s largest insurer purchased 243 Forrester Road… Read More>>
Emperor International, the listed development subsidiary of Emperor Group, has consolidated a project in Hong Kong’s Western district with plans to build 62 new homes in the Sai Ying Pun neighbourhood.
On Wednesday, Emperor agreed to acquire the space it… Read More>>
Three years after spending $7.5 billion to buy a presence in Asia Pacific’s real estate investment universe, Swedish private equity player EQT has named a new head for its Japan property business.
The Stockholm-based investment manager hired Michio Matsumoto, formerly… Read More>>
India’s rising property values lead today’s review of real estate news from around Asia, as ESR and Xander Investment Management are said to be shopping logistics portfolios at healthy prices. Also making the list is a $7 billion fund raising… Read More>>
