Asia Pacific real estate investment news and information
Singapore’s The Assembly Place continues to ramp up its presence in the city-state’s rental residential market with joint ventures backed by the co-living investor and operator winning government contracts to renovate and manage three hostels for healthcare workers.
Together with… Read More>>
Average new home prices in China fell 1.24 percent in January from a year earlier as the country’s housing crisis continues to rage, with that story leading Mingtiandi’s headline roundup today. Regional private equity player PAG also makes the list… Read More>>
A Japanese REIT managed by KKR is ramping up its industrial portfolio with a proposed purchase of JPY 108.3 billion ($700 million) in logistics assets across Asia’s second-largest economy, the TSE-listed trust said on Thursday.
Industrial & Infrastructure Fund Investment… Read More>>
A fund managed by TSE-listed real estate company Loadstar Capital is selling a central Tokyo office building for JPY 32.1 billion ($213 million), achieving a 30 percent mark-up from the price it paid to acquire the 13-storey tower less than… Read More>>
The liquidators of China Evergrande Group are reportedly considering a lawsuit against the builder’s former auditor PricewaterhouseCoopers (PwC), as creditors holding $23 billion of the bankrupted company’s offshore debt scramble for compensation.
Appointed last month to liquidate Evergrande’s Hong Kong-listed… Read More>>
Fresh off a record-breaking fourth-quarter report for Brookfield India REIT, the trust’s manager announced some key personnel moves last week.
The REIT’s CEO, Alok Aggarwal, has joined the manager’s board of directors in the capacity of executive director, according to… Read More>>
Singapore brokers welcomed a tax tweak designed to give developers flexibility as they strive to sell the final 10 percent of units at housing projects, although analysts questioned the extent of the rule change’s market impact.
Developers previously owed either… Read More>>
China Oceanwide’s creditors, including Aussie contractor Lendlease, have gone to court to force the sale of the developer’s Los Angeles project, with that news leading today’s roundup. Also making the list, industrial giant Goodman eyes data centre projects with an… Read More>>
Japanese rental residential properties continue to be a preferred play among investors, with a private REIT sponsored by Japan’s third largest insurer this month purchasing 15 apartment buildings and a nursing home in Asia’s second largest economy for JPY 22.3… Read More>>
A luxury villa at the 15 Shouson development in Hong Kong Island’s Deep Water Bay has sold for HK$498.1 million ($63.7 million), breathing life into the ailing local housing market as the Year of the Dragon gets underway.
House 5… Read More>>
