Asia real estate and outbound investment news
Singapore property heavyweight Keppel Corp has purchased a pair of school campuses in Sydney on behalf of its private education fund for a total of A$198 million ($125 million), the company announced late Thursday.
The company said its Keppel Education… Read More>>
Oxley Holdings is selling an office tower in Kuala Lumpur to Alliance Bank Malaysia for RM 406 million ($86 million) as the Singapore developer fights sliding revenue and higher debt costs.
Oxley has agreed to sell the Grade A office… Read More>>
Just before heading off for China’s National Day holiday Swire Properties confirmed its purchase of stakes in a pair of mixed-use projects in Shanghai’s Pudong district from local government developer Lujiazui Group as it continues to expand its holdings in… Read More>>
Apricot Capital, the family office of Singapore instant coffee king David Teo and his family, is buying a mixed-residential and retail property in Bukit Timah for S$105 million ($77 million) as the city-state’s real estate market continues to appeal to… Read More>>
GIC is returning to familiar territory with an agreement to acquire a southern India business park from a fund managed by Europe’s Pimco Prime Real Estate after being part of a partnership which sold the Hyderabad asset to that venture… Read More>>
Washington State Investment Board-controlled Crane Capital has taken full ownership of Singapore property investor and manager 8M Real Estate, which specialises in shophouse investments in the Southeast Asian financial hub.
After accumulating S$1.4 billion ($1.02 billion) worth of the traditional… Read More>>
An office floor in Hong Kong’s Central district has been sold for less than half of its 2018 purchase price, after a bank in the Asian financial hub seized the property from a delinquent mainland fashion tycoon, according to a… Read More>>
City Developments Ltd (CDL) has acquired a portfolio of 25 Tokyo apartment buildings from North American fund manager BentallGreenOak for JPY 35 billion ($230 million), marking the largest purchase to date by the Singapore property heavyweight in Asia’s most mature… Read More>>
Weave Living now has properties in three of Asia’s top real estate markets with the rental housing investor and operator announcing on Thursday that it has acquired nine apartment assets in Tokyo.
The recently completed multi-family residential buildings add 352… Read More>>
After opening the year selling a trio of mall properties for more than S$2.8 billion, Mercatus Co-operative has headed back to the market with a set of community retail assets carrying a price tag of S$265 million ($194 million).
Marketing… Read More>>
