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China Housing market

China Developer Home Sales Rise for Third Month and More Asia Real Estate Headlines

2023/05/01 by Michael Cole Leave a Comment

China’s recovering housing market leads today’s set of headlines from around the region as the mainland’s top developers grew their contracted sales for a third straight month in April. Also making the list today, Hong Kong’s MTR aims to spice… Read More>>

Daisuke Kitta - Blackstone Japan 2

Blackstone Selling Six Japan Warehouses to GIC for $800M

2023/04/30 by Christopher Caillavet Leave a Comment

Blackstone on Friday announced the sale of a portfolio of six warehouses in Japan to Singapore sovereign fund GIC for more than $800 million, as the private equity giant continues to shed assets after reporting a steep decline in real… Read More>>

Alice Hung Yin

Family Office Buys Singapore Industrial Building From CapitaLand Ascendas REIT 

2023/04/24 by Beatrice Laforga Leave a Comment

The manager of CapitaLand Ascendas REIT has agreed to sell an industrial building in Singapore’s Toa Payoh area to the family office of a foreign investor, in a deal that values the asset at three times its acquisition value nine… Read More>>

Amelie Delaunay - ANREV

APAC Investors Defy Trend as Global Capital Raising for Private Real Estate Funds Falls 8%

2023/04/24 by Christopher Caillavet Leave a Comment

At least $264 billion in new capital was raised globally for non-listed real estate investment in 2022, down 8 percent from the previous year, as high inflation and interest rate rises stirred market uncertainty, according to data compiled by a… Read More>>

Jurong Point Mall

Singapore Investment Volume More Than Doubles in Q1 as Mall Deals Lend Weight

2023/04/24 by Christopher Caillavet Leave a Comment

First-quarter deal volume in Singapore’s real estate market more than doubled to S$5.63 billion (now $4.2 billion) compared with the previous three months, boosted by a trio of retail disposals by Mercatus Co-operative, according to Savills.

Mercatus, the property arm… Read More>>

Lujiazui View in Shanghai

Poly, Vanke Win Shanghai Development Sites and More Asia Real Estate Headlines

2023/04/24 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, some of China’s biggest developers bag plots in Shanghai’s maiden land sale of the year, and Fitch withdraws its ratings on Blackstone-backed data centre firm VNET. Also making the list is an industrial… Read More>>

Peter Wittendorp is now APAC real estate head at HSBC AM (Image: SilkRoad)

SilkRoad Enters Japan With Purchase of Six Greater Tokyo Assets for $150M

2023/04/17 by Christopher Caillavet Leave a Comment

SilkRoad Property Partners on Monday announced the acquisition of six Greater Tokyo assets for JPY 19.5 billion ($150 million), marking the Singapore-based firm’s first investment in Japan.

The properties consist of an office building in central Tokyo and five multi-family… Read More>>

Singapore New Home Sales Rise 14% in March as More Condos Hit The Market

2023/04/17 by Beatrice Laforga Leave a Comment

Singapore new private home sales rose 13.6 percent to 492 units in March, reaching their highest level in six months as homebuyers bought up available units as quickly as they entered the market, according to data released by the Urban… Read More>>

Matthias Vukovich

Princeton Digital Group Hires Matthias Vukovich as Chief Investment Officer

2023/04/17 by Christopher Caillavet Leave a Comment

Princeton Digital Group has hired Matthias Vukovich as chief investment officer, with the former Morgan Stanley banker to be based at the data centre provider’s Singapore headquarters.

Vukovich will lead investment and M&A activities at PDG, the company said in… Read More>>

KKR JMF Taito Site

KKR Japan REIT Adds to Tokyo Apartment Pipeline With $33M Acquisition

2023/04/10 by Christopher Caillavet Leave a Comment

One of the busiest global investors in Japan real estate is adding another asset to its portfolio, as KKR’s Tokyo-listed REIT has agreed to acquire an under-construction apartment building in the capital city’s Taito ward for JPY 4.32 billion ($33… Read More>>

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