Asia Pacific real estate investment news and information
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>>
The heirs of Hong Kong’s late “Shop King” Tang Shing-bor have put a Kowloon East hotel back on the market, in their latest move to wind down the family’s property portfolio after an ill-timed venture into the city’s hospitality sector… Read More>>
Nomura Real Estate Development is investing in two condo projects in eastern Thailand through a joint venture with local developer Origin Nationwide, according to an announcement this week by the Japanese company.
Nomura has partnered with Origin to develop a… Read More>>
A winding-up hearing for China Evergrande has been pushed back again, this time to the end of January, with that story leading Mingtiandi’s roundup of real estate headlines today. Also making the list, OCBC files a money-laundering claim in Singapore’s… Read More>>
China’s first batch of retail REITs received registration approval from the country’s securities regulator following an expansion of the country’s listed real estate investment trust pilot programme in March that saw malls and other retail properties added to China’s nascent… Read More>>
CBRE has elevated Tom Gaffney to president of the firm’s North Asia advisory business, with the post’s current holder, Ben Duncan, assuming a temporary role as North Asia chairman ahead of a planned exit next year.
Gaffney, who is regional… Read More>>
