Asia Pacific real estate investment news and information
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>>
Hong Kong’s Hysan Development warned of a 2023 attributable loss on the order of HK$900 million ($115 million) in an update issued without fanfare on Chinese New Year’s Eve.
The expected loss marks a narrowing of the HK$1.16 billion shortfall… Read More>>
Troubled mainland developer Sunac China did some spring cleaning just before the lunar new year holiday, with the company’s announcement of a $552 million Sichuan disposal leading Mingtiandi’s headline roundup today. Also in the news, KKR signs a deal to… Read More>>
One of Asia’s biggest retail landlords has been doing some pre-New Year shopping in China’s discounted property market, with Link REIT announcing on Friday that it has agreed to buy out China Vanke’s stake in a Shanghai mall to take… Read More>>
Hotels continue to be a top target for real estate investors in Asia Pacific, with Sydney-based alternative asset manager MA Financial agreeing to buy a Melbourne hospitality asset from Singaporean developer Hiap Hoe late last week for A$96 million ($62.55… Read More>>
Hong Kong investor Lai Wing-to is shopping a trio of mixed-use properties in London’s posh West End area, reversing a decade of acquisitions in the British capital as commercial property values decline and retail sales remain subdued both at home… Read More>>
