CapitaLand Ascott Trust achieved a 15 percent increase in gross profit during the first quarter of this year, compared … Read More>>
Featured Stories
Mapletree Pan Asia Commercial Trust DPU Falls 7.3%, Income Jumps Post-Merger
Mapletree Pan Asia Commercial Trust said its distribution per unit fell 7.3 percent in the fiscal year to the end of … Read More>>
Sponsored Features
Proposed Sale of Interest in Menara Citibank, Kuala Lumpur
Knight Frank and Savills have been appointed to jointly advise on the sale of their client’s interest in Menara … Read More>>
Asia Pacific Remains Dominant Source and Destination for Global Capital: Colliers
Global Capital Flows: Asia Pacific Highlights March 2024 Download Report - Asia Pacific Capital Markets | Insights … Read More>>
Breaking News
CapitaLand Ascott Trust Q1 Gross Profit Up 15% on More Demand, Bigger Portfolio
CapitaLand Ascott Trust achieved a 15 percent increase in gross profit during the first quarter of this year, compared with the same period in 2023, with the trust’s managers citing sustained lodging … Read more>>
Mapletree Pan Asia Commercial Trust DPU Falls 7.3%, Income Jumps Post-Merger
Mapletree Pan Asia Commercial Trust said its distribution per unit fell 7.3 percent in the fiscal year to the end of March, squeezed by higher interest rates, but net property income jumped 15.2 … Read more>>
Global Real Estate Capital Raising Fell 51% in 2023, Lowest Since 2016: ANREV
Global investment managers raised some $129 billion of new capital for non-listed real estate in 2023, representing a 51 percent decline from the previous year and the lowest level since 2016, … Read more>>
CapitaLand China Trust Posts 7.7% Income Drop in Q1 and More Asia Real Estate Headlines
China’s ongoing property woes are hurting returns for a CapitaLand-sponsored REIT, with that story leading Mingtiandi’s real estate headlines today. Country Garden also makes news with the troubled … Read more>>
Mitsui Fudosan JV Approved for $5.8B Stadium-Led Project on Tokyo Fish Market Site
A joint venture led by Japan’s largest developer, Mitsui Fudosan, has won approval to develop a central Tokyo mega-project anchored by a 57,000-seat stadium, with the project on the former site of the … Read more>>
Singapore’s LHN Inks Second Co-Living JV This Month with Oxley Boss Ching Chiat Kwong
LHN Group has signed its second deal this month with the family behind listed builder Oxley Holdings, with the partners now working on two rental residential projects in Singapore’s District 6. The … Read more>>
Warburg-Backed StorHub Names Raju Ruparelia CEO in Growth Drive
Just over one month after expanding into its seventh major market, StorHub Group on Tuesday announced the hiring of Raju Ruparelia as CEO, succeeding Mike Hagbeck at the helm of the Asia Pacific … Read more>>
Gaw Adds Senior Hires to Grow in Korea and EMEA, Ramp Up Infrastructure Strategy
Gaw Capital Partners is expanding its operations in South Korea at the same time that it grows its fund raising capabilities in the Middle East, as the Hong Kong private equity shop announced a pair … Read more>>
Real Estate Finance
CapitaLand Ascott Trust Q1 Gross Profit Up 15% on More Demand, Bigger Portfolio
CapitaLand Ascott Trust achieved a 15 percent increase in gross profit during the first quarter of this year, compared … Read More>>
Mapletree Pan Asia Commercial Trust DPU Falls 7.3%, Income Jumps Post-Merger
Mapletree Pan Asia Commercial Trust said its distribution per unit fell 7.3 percent in the fiscal year to the end of … Read More>>
Keppel REIT Q1 Net Property Income Jumps 7.2% on Singapore Office Strength
SGX-listed Keppel REIT reported first-quarter net property income of S$48.2 million ($35.4 million), up 7.2 percent from … Read More>>
Singapore
Singapore’s LHN Inks Second Co-Living JV This Month with Oxley Boss Ching Chiat Kwong
LHN Group has signed its second deal this month with the family behind listed builder Oxley Holdings, with the partners … Read More>>
Keppel REIT Q1 Net Property Income Jumps 7.2% on Singapore Office Strength
SGX-listed Keppel REIT reported first-quarter net property income of S$48.2 million ($35.4 million), up 7.2 percent from … Read More>>
Singapore Site Tender Triggered One Week After CDL-Mitsui Awarded Neighbouring Plot
Less than a week after a joint venture between City Developments Ltd and Mitsui Fudosan of Japan captured a residential … Read More>>
Shanghai
China Minsheng’s SRE Group Selling 51% Stake in Shanghai Project for $470M
SRE Group has agreed to sell its entire 51 percent interest in a Shanghai residential and commercial project for RMB … Read More>>
Link REIT Buying Remaining 50% of Shanghai Mall from Vanke for $335M
One of Asia’s biggest retail landlords has been doing some pre-New Year shopping in China’s discounted property market, … Read More>>
LaSalle IM Adds to Shanghai Multi-Family Portfolio with Pair of Yangpu Projects
LaSalle Investment Management is set to launch a pair of long-term rental apartment projects in Shanghai under its newly … Read More>>
Projects
Mitsui Fudosan JV Approved for $5.8B Stadium-Led Project on Tokyo Fish Market Site
A joint venture led by Japan’s largest developer, Mitsui Fudosan, has won approval to develop a central Tokyo … Read More>>
Singapore’s LHN Inks Second Co-Living JV This Month with Oxley Boss Ching Chiat Kwong
LHN Group has signed its second deal this month with the family behind listed builder Oxley Holdings, with the partners … Read More>>
Singapore Site Tender Triggered One Week After CDL-Mitsui Awarded Neighbouring Plot
Less than a week after a joint venture between City Developments Ltd and Mitsui Fudosan of Japan captured a residential … Read More>>
Asia Outbound
Singapore’s Cambridge RE Buys Second Aussie Education Property in Three Months
Singapore fund manager Cambridge RE Partners has made its second purchase of an Australian educational property in three … Read More>>
Singapore’s Far East Orchard Ups UK Student Housing Bet With $50M Glasgow Project
Far East Orchard is expanding its portfolio of UK purpose-built student accommodation (PBSA) portfolio into Scotland … Read More>>
Data Centres
Keppel DC REIT Selling Aussie Data Centres to Sovereign-Minded Macquarie for $112M
Data centres can be seen as the most complex asset class in the real estate market, with an announcement on Tuesday by … Read More>>
Gaw Capital and GDS Team Up for 40MW Greater Tokyo Data Centre Campus
Just one week after announcing a $587 million capital raise to fund its expansion beyond mainland China, Shanghai-based … Read More>>
PDG, Lendlease Complete Initial 48MW Phase at Greater Tokyo Data Centre
Singapore-based Princeton Digital Group and Australian builder Lendlease have completed construction of the 48-megawatt … Read More>>
Japan
Mitsui Fudosan JV Approved for $5.8B Stadium-Led Project on Tokyo Fish Market Site
A joint venture led by Japan’s largest developer, Mitsui Fudosan, has won approval to develop a central Tokyo … Read More>>
Alyssa Partners, Gaw Capital Buy 29 Tokyo Apartment Buildings for Estimated $259M
Alyssa Partners and Gaw Capital Partners have acquired a portfolio of 29 Tokyo apartment buildings from a major Japanese … Read More>>
Hines Buys Central Tokyo Office Building From Mitsubishi Estate-SMFL JV
Hines has acquired an office building near central Tokyo’s bustling Shinjuku commercial hub as the US developer … Read More>>
Hong Kong
Hong Kong Accounting Watchdog Launches Probe of PwC Role at Evergrande
Hong Kong regulators have opened an investigation into PricewaterhouseCoopers and its relationship with China … Read More>>
Banks Chase Cheung Kei Boss for $200M in Overdue Loan Payments
Mainland tycoon Chen Hongtian has received demands from a pair of banks to repay more than HK$1.6 billion ($200 million) … Read More>>
Lai Sun Selling 10% Stake in $2.2B Hong Kong Office Building to AIA
Hong Kong-listed builder Lai Sun Development has agreed to sell its 10 percent stake in the AIA Central office building … Read More>>
MTD TV
Scale, Efficiency Key to APAC Living Sector Returns Say Dash, PGIM: MTD TV
Value-add investors in Asia Pacific’s living sector can boost returns by aggregating properties into larger portfolios … Read More>>
Local: Residential, Sentinel, Scape, Aware Super to Explore Australia BTR on Thursday
Mingtiandi’s APAC Residential Forum concludes Thursday with a panel discussion on Australia’s build-to-rent market, … Read More>>
PGIM, Dash Living to Talk APAC Residential Growth on MTD TV Wednesday
Mingtiandi’s APAC Residential Forum continues Wednesday with a spotlight interview featuring top executives from PGIM … Read More>>
Research & Policy
Global Real Estate Capital Raising Fell 51% in 2023, Lowest Since 2016: ANREV
Global investment managers raised some $129 billion of new capital for non-listed real estate in 2023, representing a 51 … Read More>>
Seoul Office Rents Grew 2.4% in Q1, Now Up 9.4% From March 2023
Seoul’s office market continues to defy a global slowdown as rents for workspace in the Korean capital climbed by 2.4 … Read More>>