Asia Pacific real estate investment news and information
Hong Kong-listed industrial heavyweight ESR has secured one of China’s top securities firms as the initial cornerstone investor for its inaugural mainland China REIT, with the company targeting a February listing for the logistics asset portfolio.
The registration and listing… Read More>>
A residential site on Hong Kong’s Lantau Island drew a single bid from local builder Sino Land at a tender that closed Friday, potentially setting the stage for a fourth withdrawn plot at government land sales in 2023.
The low-density… Read More>>
After declining by 5.3 percent this year, Grade A office rents in Hong Kong are likely to tumble another 5 to 10 percent in 2024 as high interest rates and a global economic slowdown continue to challenge the leasing market,… Read More>>
Manulife US REIT (MUST) signed a master restructuring agreement with its sponsor and creditors on Monday to avoid defaulting on $1.18 billion in debt.
MUST said in a regulatory filing that all 12 of its lenders approved the restructuring which… Read More>>
Chinese gymnastics legend Li Ning made his name being fearless on the pommel horse and rings, and now the sportswear company that bears his name is vaulting into a Hong Kong office market where many investors fear to venture.
China’s… Read More>>
Mainland property giant China Vanke and Singapore-based hotel and resort operator Banyan Tree Holdings are dissolving a six-year-old China hospitality joint venture after failing to gain traction in a challenging mainland market.
Banyan Tree has entered into a term sheet… Read More>>
Kuala Lumpur-based YTL Power International announced on Friday that it has struck a deal with US tech firm NVIDIA to build AI capabilities into a data centre in Malaysia’s Johor state from the middle of next year.
The agreement… Read More>>
Singapore’s CapitaLand Investment Ltd warned late Friday that adverse economic conditions have put a dent in its earnings for 2023 with the company predicting that its full-year profits will fall well below last year’s levels.
Noting that some of its… Read More>>
GLP Capital Partners has closed on an onshore China income fund backed by a mainland insurer, with the vehicle’s total size including leverage amounting to RMB 4.3 billion ($600 million).
China Income Fund X marks the latest addition to an… Read More>>
GIC has acquired a pair of Japanese logistics facilities from Daiwa House Industry for an undisclosed sum, marking the eighth and ninth industrial assets that the Singapore sovereign wealth fund has purchased from the developer in its home market this… Read More>>
