Asia Pacific real estate investment news and information
Hong Kong developer Fairland Holdings has acquired a neighbourhood shopping centre in the urban renewal hotbed of To Kwa Wan for HK$425 million ($54.2 million).
Fairland, known locally for its suburban developments Fairview Park in Yuen Long and Hong Lok… Read More>>
M&G Real Estate this past week announced a pair of senior hires in South Korea and Singapore, marking the latest move for one of Europe’s largest fund managers to grow its Asia Pacific division.
Martin Seol joins M&G Real Estate… Read More>>
Mori Trust, one of the largest developers in Japan, has made its second office acquisition in the Washington DC metropolitan area in picking up 601 Massachusetts Avenue NW for a reported $531 million to score the district’s biggest deal for… Read More>>
In today’s roundup of regional news headlines, a court case on China Evergrande’s potential winding-up is adjourned until November, sales at a high-profile housing project in Hong Kong’s Kai Tak launch at a 10 percent discount, and Swire Properties zeroes… Read More>>
Residential investor and operator Weave Living has acquired its fourth property this year, picking up an apartment tower in Hong Kong’s Mid-Levels for HK$275 million ($35 million) via a joint venture with LaSalle Investment Management, according to a statement by… Read More>>
Hong Kong private equity firm PAG has invested $55 million in Indian developer Elan Limited, as global fund managers continue to pursue real estate opportunities in one of the world’s biggest markets.
PAG’s commitment will go towards upcoming projects, according… Read More>>
New World Development’s Adrian Cheng has called the bottom of the real estate market in China, telling the Financial Times that the Hong Kong-based property giant plans to spend RMB 10 billion ($1.5 billion) to buy land in top-tier mainland… Read More>>
The chief executive of Shanghai Zendai Property has resigned in the latest setback for the chequered Chinese real estate company.
Zhang Zelin tendered his resignation “due to other business commitments”, the company said in a Hong Kong Stock Exchange filing… Read More>>
In today’s roundup of regional news headlines, private equity giant Blackstone reportedly seeks a $500 million IPO of its India mall portfolio, Hong Kong home prices fall as interest rates creep higher, and two high-rise towers near New Delhi are… Read More>>
Industrial developer and fund manager Logos has set up its second partnership with Canadian finance giant Manulife, establishing a Korean core joint venture seeded with the $200 million forward purchase of a warehouse project near Seoul.
Upon completion in early… Read More>>
