In today’s roundup of regional news headlines, Singaporean developer Chuan Hup plans a new addition to its Australian property portfolio, and BOJ boss Haruhiko Kuroda clarifies his goals after last week’s widening of the allowance band for the central bank’s… Read More>>
KKR Doubles Down on Japanese Real Estate with 39-Property Residential Buy
US private equity giant KKR is strengthening its presence in the Japanese real estate scene with the purchase of a portfolio of newly built apartments in Tokyo, adding to a recent flurry of deals in the country’s rental residential market.
CapitaLand, ALP Set Up $740M SE Asia Logistics Fund With Thailand’s Pruksa
Singapore’s CapitaLand Investment and Taiwan-based Ally Logistic Property have joined forces with Thai developer Pruksa Holding to establish a Southeast Asia warehouse fund with a target size of S$1 billion ($740 million) in assets under management.
The three partners have… Read More>>
Keppel Buying Seoul’s Samhwan Building From Hana for $170M
Singapore’s Keppel Land has teamed with private funds managed by Keppel Capital to buy a Seoul office tower for KRW 220 billion ($170 million), sounding an upbeat note for South Korea’s commercial property market after the country saw investors pull… Read More>>
Far East Organization Selling Western Singapore Warehouse for $89M
Far East Organization has agreed to sell a logistics facility in Singapore’s Tuas district to a global pool manufacturer for S$120.6 million ($89.4 million), parting with its fifth and final asset from an industrial complex which it developed nearly three… Read More>>
Swire Group Sells Hong Kong Luxury Project to Fund for $128M
Swire Group has sold a luxury housing compound on Hong Kong’s Peak for HK$1 billion ($128.3 million), in what has been tallied as the city’s most expensive luxury property deal so far this year on a per square foot basis.
Country Garden Heiress Selling $650M in Property Management Shares as Price Rebounds
Hailed as China’s richest woman, Yang Huiyan has agreed to sell a portion of her controlling stake in Country Garden Services Holdings for about HK$5.06 billion ($650 million) to mark the third major sale of equity in the group within… Read More>>
India Data Centre Market to Double Capacity by 2025
India’s data centre stock is expected to double over the next three years to reach as much as 20 million square feet (1.85 million square metres) and 1500 megawatts, driven by a regional e-commerce boom and increasing adoption of smart… Read More>>
PAG to Invest Another $60M with Indian Developer and More Asia Real Estate Headlines
Asia’s real estate markets start out the week with Hong Kong private equity firm PAG upping its India investments and a set of unhappy Singapore homeowners blocking an en-bloc sale. Also in the news, a suit by BNY Mellon is… Read More>>
ESR, Stack Team Up Again for 72MW Osaka Data Centre Campus
Just three months after announcing an initial joint venture in Korea, ESR Group has teamed up with US-based operator Stack Infrastructure once again to develop a 72-megawatt Japan data centre campus targeting hyperscale customers.
ESR and Stack will jointly build… Read More>>
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