Asia Pacific real estate investment news and information
Tokyo-listed Comforia Residential REIT has agreed to acquire seven assets across Japan, including multifamily, student housing and senior living properties, for a total of JPY 11.4 billion ($86 million).
The buildings in Tokyo, Osaka, Kyoto and Saitama prefecture comprise nearly… Read More>>
Less than four months after having its credit rating withdrawn by Fitch Ratings, Alibaba-backed home furnishing mall operator Red Star Macalline Group Corporation is in talks to sell what could be a controlling stake in the company to Chinese state-controlled… Read More>>
Colliers has announced three high-level appointments in Hong Kong, led by the hiring of Joshua Stone to serve as a senior director in the office services department.
Most recently a director in the office leasing advisory at JLL Hong Kong,… Read More>>
In today’s roundup of regional news headlines, government support delivers a boost to Chinese property firms’ fundraising efforts as Asia’s biggest economy tries to jump-start its ailing real estate sector.
Financing for Chinese Real Estate Firms Jumped… Read More>>
China Fortune Land Development is selling its interests in three mixed-use projects in the cities of Wuhan and Nanjing to mainland property giant China Resources Land for a total of RMB 12.4 billion ($1.8 billion), as the default-prone developer moves… Read More>>
In today’s roundup of regional news headlines, China’s sprawling Chongqing joins the list of mainland cities easing homebuying restrictions, and NYSE-listed Xinyuan Real Estate posts a ballooning loss for the first half of 2022.
Chongqing Joins Dongguan,… Read More>>
Singapore-listed Starhill Global REIT has agreed to sell its Daikanyama commercial building in Tokyo to an undisclosed buyer for JPY 1.88 billion ($14 million).
The price represents a 39.1 percent premium to the latest valuation and a 2.9 percent premium… Read More>>
Investors hoping for a major turnaround in Hong Kong’s retail market in the new year may need to adjust their expectations, with property services firm Savills predicting that currently depressed rents are unlikely to rise by more than 5 percent… Read More>>
A connected-party deal that raised eyebrows when it was announced by Shimao Services a year ago has been terminated, with the company telling the Hong Kong stock exchange last week that it would no longer acquire a mainland-based property management… Read More>>
Grade A office rents in Singapore’s core business districts jumped by 8.3 percent in 2022, more than double last year’s growth rate, as vacancies fell and more employees returned to their desks, according to data from CBRE Research.
CBRE said… Read More>>
