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Kazuhiro Ono

Japan Excellent REIT Buying Tokyo Tower for $120M, Selling Office Block for $62M

2025/02/24 by Christopher Caillavet Leave a Comment

Japan Excellent Inc has agreed to buy a commercial tower in Tokyo’s central Minato ward from a unit of the office-focused REIT’s sponsor, Nippon Steel Kowa Real Estate, for JPY 17.3 billion ($120 million).

JEI is exercising its right of… Read More>>

Gauri Shankar Nagabhushanam, chief executive of CapitaLand India Trust Management

CapitaLand India Trust to Buy Bengaluru Offices for $170M After Funding Project

2025/02/24 by Christopher Caillavet Leave a Comment

Singapore’s CapitaLand India Trust has agreed to the forward purchase of an office project at a Bengaluru commercial complex developed by local builder Maia Group.

CLINT will fully fund development of the office project in the northern suburb of Nagawara… Read More>>

Ben Way, head of Macquarie Asset Management

Macquarie Said Selling Seoul Hotel to KB AMC for $119M and More Asia Real Estate Headlines

2025/02/24 by Michael Cole Leave a Comment

Australian investment giant Macquarie is close to selling a Seoul hotel to KB Asset Management, with that report leading today’s headline roundup. Also in the news, a KKR-managed REIT acquires a western Tokyo logistics site and Singapore’s UOL teams with… Read More>>

TPG Angelo Gordon head of Asia real estate Wilson Leung

TPG Angelo Gordon JV Marketing Hong Kong Office Floors at 32% Below Acquisition Price

2025/02/24 by Iris Hong Leave a Comment

With Hong Kong’s office market continuing to shrink due to falling demand from tenants, a TPG Angelo Gordon joint venture is marketing a pair of Kowloon East office floors for 32 percent below their 2018 acquisition price.

A tie-up between… Read More>>

Calvin Chou, Invesco Real Estate

Invesco Sets Up China Rental Housing JV With Tencent-Backed Ziroom

2025/02/24 by Michael Cole Leave a Comment

US asset manager Invesco is expanding its bets on the living sector in Asia Pacific through a joint venture with a Tencent-backed apartment management platform to invest in and operate rental housing in China.

In a joint statement… Read More>>

Tina He Hines

ADIA, Hines Sell Shanghai Trophy Tower to Mainland Insurer-Backed Fund for Reported $1.5B

2025/02/17 by Michael Cole, Iris Hong Leave a Comment

Houston-based developer Hines and the Abu Dhabi Investment Authority (ADIA) have divested a 60-storey skyscraper in downtown Shanghai to a fund backed by China Post Insurance in a deal said to value the project at as much as RMB 10.9… Read More>>

Keppel DC REIT CEO Hwee Long Loh

Keppel DC REIT Unloads German Data Centre at 39% Off 2019 Acquisition Price 

2025/02/17 by Mingtiandi Team Leave a Comment

Data centres may be real estate’s hottest asset class but investors in a Singapore-listed REIT are discovering that demand for rackspace does not guarantee profit.

The manager of Keppel DC REIT notified the SGX on Monday that it has agreed… Read More>>

Jon Winkelried TPG Getty Images

TPG Offers to Buy Singapore Nursing Home Operator Econ Healthcare for $65M

2025/02/17 by Christopher Caillavet Leave a Comment

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>>

The Orie Singapore

Singapore Home Sales Jumped 256% in January as Buyers Snapped Up New Projects

2025/02/17 by Michael Cole Leave a Comment

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>>

Kelvin Lim, LHN Group

Singapore’s LHN Teams Up With Oxley Boss for Third Time to Buy Redevelopment Project

2025/02/17 by Christopher Caillavet Leave a Comment

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>>

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