Asia Pacific real estate investment news and information
CapitaLand Investment and its Japanese partners have agreed to sell 79 Robinson Road in Singapore’s downtown core for S$1.26 billion ($930 million) to CapitaLand Integrated Commercial Trust (CICT) and a private fund managed by the Temasek Holdings-backed giant.
In a… Read More>>
Flexible office giant IWG is preparing to open its 18th Hong Kong outlet and fifth in a former WeWork location in the city, this time in a newly refurbished building owned by blue-chip developer Swire Properties.
Scheduled to open in… Read More>>
In today’s roundup of regional news headlines, Guangzhou R&F’s shares plunge after the developer issues gloomy guidance, the boss of an Aussie casino operator steps down over a failure to stop malfeasance, and Shui On Land’s stock surges on sterling… Read More>>
The managers of Mapletree Commercial Trust (MCT) and Mapletree North Asia Commercial Trust (MNACT) have sweetened their proposed S$4.22-billion ($3.1 million) merger deal by offering an all-cash option funded by their sponsor, amid a flurry of criticism of the plan… Read More>>
The Canada Pension Plan Investment Board has revealed its latest splash in Asia’s data centre market, announcing a KRW 200 billion ($160 million) joint venture to develop the largest carrier-neutral hyperscale data centre in South Korea.
The Jukjeon Data Centre… Read More>>
A special-purpose acquisition company controlled by Melco Resorts & Entertainment boss Lawrence Ho has filed a preliminary prospectus for a listing on the Hong Kong stock exchange after the bourse’s first-ever SPAC got off to a shaky trading start last… Read More>>
In today’s roundup of regional news headlines, Joseph Lau’s Chinese Estates suffers a full-year loss tied to its Evergrande investments, a Singapore condo complex goes back on the market following Hong Kong developer Shun Tak’s exit from the deal, and… Read More>>
Industrial developer Logos has secured an additional equity commitment from the Abu Dhabi Investment Authority for their Australian logistics joint venture, with the Sydney-based builder saying the new cash will potentially expand the gross asset value of the JV portfolio… Read More>>
ESR Australia has kicked off development of a logistics project occupying a 79 hectare (195 acre) site in suburban Melbourne and secured France-based CEVA Logistics as an anchor tenant, according to its top official.
Best known as the shipping provider… Read More>>
Li Ka-shing’s CK Asset has completed the sale of its 5 Broadgate building in London to South Korea’s National Pension Service (NPS) for £1.21 billion ($1.57 billion), marking the UK capital’s biggest property deal in almost five years.
The developer… Read More>>
