Asia Pacific real estate investment news and information
Australian developer Lendlease Group plans to sell its overseas construction business to focus on operations at home as part of a business overhaul that the company says could free up as much as A$4.5 billion ($3 billion) of capital.
The… Read More>>
A fund managed by Gaw Capital Partners has acquired a third property for its Greater Tokyo data centre campus, with the deal enabling the Hong Kong-based private equity firm to double the development’s total IT capacity upon completion.
With the… Read More>>
Liquidators for China Evergrande have lined up a prospective buyer for the bankrupt developer’s majority stake in its struggling electric car division.
The liquidators entered a non-binding agreement to sell China Evergrande’s 58.5 percent equity interest in Hong Kong-listed Evergrande… Read More>>
A series of defaults in Korea’s property market are creating opportunities for fund managers, with news of new distressed debt strategies leading Mingtiandi’s headline roundup today. Also in the news, Hong Kong home prices head south again as a post-policy… Read More>>
A joint venture controlled by New York’s Rockefeller Group has agreed to sell a pair of office buildings on Shanghai’s Bund waterfront to an online insurer backed by Ant Financial, Tencent and Ping An, with the HKEX-listed firm vowing to… Read More>>
PAG on Monday announced the closing of its maiden fund focused on renewable energy, with the pan-Asian private equity firm having won $550 million in committed capital for the new vehicle.
PAG REN I will focus on investing in physical… Read More>>
Acquisitions of income-generating real estate in Asia Pacific dipped 13 percent in the first quarter compared with the same period a year ago, falling to $31.3 billion despite big-ticket office deals buoying regional standouts South Korea and Japan, according to… Read More>>
Japan continues to draw the attention of institutional investors with a Bain Capital plan to ramp up its real estate team in the country leading Mingtiandi’s headline roundup today. A Chow Tai Fook and Far East Consortium-backed casino operator also… Read More>>
Seoul continues to stand out as Asia’s hottest market for office properties with Singapore’s CapitaLand Investment now in late stage negotiations for the acquisition of a tower in the Gangnam business district owned by Korea’s NPS for a reported KRW… Read More>>
A consortium of investors including Starwood Capital has made a preliminary proposal to buy out HKEX-listed developer and fund manager ESR, according to a statement by the company today.
The private equity firm led by financier Barry Sternlicht has teamed… Read More>>
