Asia Pacific real estate investment news and information
Nippon REIT will buy four properties in Tokyo, Nagoya and Sendai for a total of JPY 5.65 billion ($40 million) and sell a separate Nagoya asset for JPY 835 million ($5.9 million), the TSE-listed trust announced Thursday.
The top completed… Read More>>
City Developments Ltd (CDL) has warned investors about a “substantial” annual drop in its profit for full-year 2023 as the Singapore property heavyweight faces rising borrowing costs and slowing asset divestments.
CDL late Thursday issued a statement indicating that it… Read More>>
One year after selling off a portfolio of shopping centres to Link REIT, Singapore’s Mercatus is said to be selling off a set of shops, with that story leading Mingtiandi’s holiday headline roundup. Also making the list on Santa’s big… Read More>>
Warburg Pincus is expanding its bets on Asia’s shed sector with the US private equity firm today announcing an investment in a South Korea industrial joint venture under its Asia Pacific real estate strategy.
The New York-based titan, which has… Read More>>
CapitaLand Ascott Trust announced on Sunday that it will divest three hotels in Osaka for JPY 10.7 billion ($75 million) as part of what the Singapore-listed REIT described as a portfolio reconstitution effort.
CLAS said in a press release that… Read More>>
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a single bid from local builder Sino Land at a tender that closed Friday, potentially setting the stage for a fourth withdrawn plot at government land sales in 2023.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>>
