What happened, and who moved.
City Developments Ltd posted a 230.7 percent year-on-year jump in attributable profit to S$301.6 million ($235.76 million) for the first half of 2026 on completions of projects including it Lumina Grand development. Half-year revenue for Singapore’s largest developer not controlled... Read More>> The post…
Centurion Corporation posted a 31 percent year-on-year rise in revenue to S$184.9 million ($144.3 million) for the six months to June, while net profit fell 36 percent to S$53.1 million as fair-value losses weighed on the Singapore-listed accommodation specialist’s bottom... Read More>> The post Singapore’s…
Singapore’s CapitaLand Investment has earmarked S$7 billion to S$9 billion ($5.5 billion to $7 billion) in non-core and legacy assets for potential sale after first-half attributable profit jumped 14 percent. The SGX-listed real asset manager said Thursday that it would... Read More>> The post CapitaLand Investment…
Australian real estate investment manager Investa said on Wednesday that it has sold an office tower overlooking Sydney’s Darling Harbour for A$450 million ($317.6 million), in what it called a strategic capital recycling transaction, adding to signs of a recovery... Read More>> The post Singapore’s GIC Said to…
Singapore’s UOL Group leads today’s real estate headlines from around Asia Pacific with a 23 percent surge in first-half profit. Also making the list are ESR and Indonesia’s INA breaking ground on Jakarta logistics facilities and South Korea’s IGIS buying... Read More>> The post UOL Says Profit Jumped 23% to $197M…
Data centre IPOs keep heating up as the former offshore unit of China’s GDS Holdings confidentially files for a $5 billion US listing amid an AI infrastructure boom. Also in the news are Singapore’s CapitaLand Investment listing a $467 million... Read More>> The post GDS-Linked DayOne Said to File for $5B US IPO…
Warburg Pincus and Australia’s Kio Investment Management are making a fresh capital commitment to their rental residential partnership, shortly after the Sydney-based residential developer and operator acquired a property in Melbourne’s Collingwood area as its fifth asset. The expanded partnership... Read More>>…
After watching its unit price slide by nearly 8 percent over the past year, Singapore-listed data centre trust Digital Core REIT received a boost today from a deal to trade most of its North American portfolio back to its sponsor... Read More>> The post Digital Realty Swapping Singapore, Osaka Stakes for US Data…
Singapore sovereign fund GIC and Australia’s Macquarie Asset Management have teamed with Claude chatbot maker Anthropic to establish a US-focused data centre platform, as the artificial intelligence boom fuels demand for purpose-built computing capacity. The venture, called Theseus Infrastructure, will... Read…
Brookfield India REIT has teamed with a fund managed by Nuvama and Cushman & Wakefield to acquire three office floors in Mumbai’s Bandra-Kurla Complex from a Brookfield private vehicle, in a transaction valuing the property at INR 17 billion ($178.2... Read More>> The post Brookfield India REIT, Nuvama-C&W Fund…
The owners of Singapore’s City Plaza lead today’s real estate headlines with a third attempt at a collective sale of their Geylang complex. Also in the news are Soilbuild’s Lim Chap Huat suing Brookfield over a collapsed joint venture and... Read More>> The post Singapore Condo Project Back on the Market at $758M…
Fund manager Gaw Capital Partners is planning to to build an AI hub in Hong Kong’s Sai Kung district through a joint venture with local broadcaster Television Broadcasts Limited (TVB), according to an announcement on Monday. The partners have signed... Read More>> The post Gaw Expanding Links with Hong Kong’s TVB…
KHP Capital Partners sells Kimpton La Peer West Hollywood to APA Group. The Tokyo-based buyer is looking to grow its overseas holdings.
Developer and investor Cbus Property has agreed to acquire half-stakes in a pair of Australian shopping centres from a Lendlease-managed fund for A$1.3 billion ($918.7 million), in a transaction that will empty the troubled vehicle of its remaining assets. The... Read More>> The post Cbus Property Buying Aussie…
Samsung SRA Asset Management has completed the sale of an office tower in Seoul’s Gangnam district to the Hyunsong Educational & Cultural Foundation for KRW 445 billion ($314 million), according to exclusive marketing agent Savills. The non-profit overcame a field... Read More>> The post Samsung SRA Sells Gangnam…
Malaysia’s IOI Properties Group leads today’s real estate headlines from around Asia Pacific after securing conditional approval for a $1.9 billion REIT listing of nine properties. Also in the news are Australia’s Charter Hall opening a life sciences fund targeting... Read More>> The post IOI Properties Wins…
Artificial intelligence data centre investment dominates today’s Asia Pacific real estate headlines as Abu Dhabi’s Mubadala weighs a $6.3 billion project in Japan’s Akita prefecture. Also in the news are Sydney-based Firmus raising $2 billion from investors including Coatue, Nvidia... Read More>> The post UAE’s…
SC Capital Partners-backed SC Zeus Data Centers has agreed to collaborate with SoftBank unit SB Telecom Singapore and Malaysia’s Robust HPC Group on developing artificial intelligence data centres across Southeast Asia. Under a memorandum of understanding effective from 1 August,... Read More>> The post SC…
Aberdeen Standard Investments has acquired two residential properties to expand its Japan living portfolio.
Hillhouse Investment has acquired two office buildings in Singapore’s Changi Business Park from Standard Chartered through its EZA Hill affiliate, with market sources confirming a deal value of S$185 million ($144 million). EZA Hill is managing a Japanese investor platform... Read More>> The post Hillhouse Teams…
CapitaLand Ascott Trust has agreed to buy a 212-room co-living property on the fringe of Singapore’s downtown for S$134 million ($104.5 million), as the SGX-listed lodging REIT recycles proceeds from a recent hotel disposal into a higher-yielding living sector asset. ... Read More>> The post CapitaLand Ascott Trust…
Japan’s largest bank signed an office lease in Las Colinas that consolidates its space across the Dallas-Fort Worth Metroplex. Mitsubishi UFJ Financial inked a 10-year deal to occupy 60,000 square feet across two floors at Urban Towers, at 222 West Colinas Boulevard, the Dallas Business Journal reported. The lease…
Singapore’s GIC leads today’s headlines with plans to sell $1 billion in private equity fund stakes, tapping the secondaries market. Also in the news are CapitaLand Ascendas REIT posting an 8.6 percent rise in distributable income to $280 million and... Read More>> The post GIC Seeks Buyers for $1B in Private…
Singapore’s Hong Leong Holdings and GuocoLand lead today’s headlines from Asia Pacific with a $450 million bid for a land site at Berlayar Drive. Also in the news are ESR-REIT completing a $37 million Melbourne warehouse purchase from Centuria Capital... Read More>> The post Tycoon Cousins Place Sole $450M Bid for…
Centurion Corporation has won a northern Singapore site with a top bid of S$343 million ($267.6 million), clearing the way for development of a 7,000-bed worker housing project. The Building and Construction Authority awarded the 30-year leasehold parcel at Kranji... Read More>> The post Centurion Secures Northern…
Australia’s Aware Super has agreed to explore a merger with smaller rival Prime Super that would create a profit-to-member pension fund managing A$254 billion ($179 billion) for more than 1.4 million members. The two superannuation funds signed a non-binding memorandum... Read More>> The post Australian Super Funds…
Ares Management raised a record $36.4 billion in fresh capital during the second quarter, with a Japan industrial development fund leading the property strategies that contributed to the NYSE-listed firm’s haul. Real assets accounted for $9.7 billion of the quarter’s... Read More>> The post Ares Q2 Fundraising Hits…
Hospitality specialist AB Capital has agreed to sell the 60-key Randor Hotel Kyoto Suites to Tokyo-listed Mirai Corporation for JPY 3.55 billion ($22.5 million), exiting an investment made two years ago. Mirai announced the transaction on Monday without identifying the... Read More>> The post Hospitality Fund…
Brookfield leads today’s headlines with plans to triple its Australian property funds under management to $35 billion within five years by pursuing more take-private deals. Also making news are Firmus’s $2 billion data centre capital raise and Holdmark’s $70 million... Read More>> The post Brookfield Eyes Buyouts…
Two new retail tenants have taken almost 13,000 square feet at a new development in Downtown Brooklyn. Japanese home goods and apparel brand Muji was the largest of the two, signing a 10-year, 10,000-square-foot lease at Alloy Development’s 100 Flatbush Avenue, part of the larger five-building, mixed-use Alloy…
Lone Star Funds has acquired a 1,166-unit rental residential portfolio in central Tokyo from France’s BNP Paribas Asset Management Alts, with the private equity firm announcing the buy on Sunday. The portfolio comprises River City 21 Shinkawa, a 35-storey tower... Read More>> The post Lone Star Buys 1,166-Unit…
South Korean telecom operator LG Uplus is putting fresh capital behind a 200-megawatt artificial intelligence data centre, as the government announced an ambitious corporate coalition to scale up the country’s AI computing capacity. The board of LG Uplus on 29... Read More>> The post LG Expands AI Efforts with…
Warburg Pincus-backed StorHub has formed a partnership with Japanese self-storage specialist Palma to develop and acquire facilities across Japan, as the Singapore-based operator steps up its expansion in one of Asia Pacific’s most established storage markets. Under the pipeline agreement... Read More>> The post…
Shangri-La Asia’s positive guidance leads today’s roundup, with the Hong Kong-listed hotel operator expecting a 70 percent surge in first-half operating profit. Also making headlines, Sino-Ocean’s Gemini Investments agrees to sell a Manhattan land site for $57 million and Hang... Read More>> The post Shangri-La…
Companies aim to utilize Ishikari renewable energy for new data centers
Barings continues to be one of the busiest overseas investors in Australian real estate, with the US fund manager announcing late last week that it has agreed to purchase a Brisbane office tower for A$700 million ($491 million). The unit... Read More>> The post Barings Continues Aussie Acquisition Streak with $491M…
Blackstone is buying HSBC’s A$36 billion ($25 billion) Australia home mortgage portfolio in what it calls the largest residential loan portfolio deal ever. Funds managed by Blackstone Credit & Insurance, Blackstone Tactical Opportunities, and Blackstone Real Estate Debt Strategies have... Read More>> The post…
Hongkong Land is expanding into Orchard Road with a deal to buy Wheelock Place in Singapore from Wharf REIC for S$1.1 billion ($863 million) on behalf of its private fund focused on the city. The real estate unit of Hong... Read More>> The post Hongkong Land Fund Buying Singapore’s Wheelock Place From Wharf REIC…
Blue Owl’s Stack Infrastructure leads today’s real estate headlines from around Asia Pacific as it seeks a $5.9 billion loan to fund its third Melbourne data centre. Also in the news are Australia’s Mirvac circling $441 million in Sydney and... Read More>> The post Stack Seeks $5.9B Loan for Melbourne Data Centre…
Vantage Data Centers leads today’s headlines as the DigitalBridge-backed operator weighs a sale of its $2 billion Malaysia data centre assets. Southeast Asia data centres are also a target for GIC, Sixth Street and SK Telecom as companies bid for... Read More>> The post Vantage Weighs $2B Sale of Malaysia Data…
Creditors have seized a set of three Kowloon commercial floors from Schroders Real Estate, marking the third time that banks’ have taken assets from the UK fund manager in just over a year. Colliers and Savills were appointed joint agents... Read More>> The post Schroders Loses Third Hong Kong Asset to Creditors in…
Hongkong Land’s net profit jumped 470 percent to $1.26 billion in the first half of the year, driven by a $725 million gain in property values as Hong Kong’s recovering office market raised the fortunes of its Central district portfolio. ... Read More>> The post Hongkong Land Profit Jumps 470% as Central Office…
Singapore’s Mapletree Investments leads today’s headlines with the launch of its first mainland onshore logistics fund with China Life Capital, holding $221.6 million in assets under management. Meta and BlackRock also make the news with plans for a $14 billion... Read More>> The post Mapletree Launches $222M…
A Hong Kong investor whose property portfolio was once estimated to be worth HK$15 billion ($1.9 billion) is disposing of a building in Kowloon’s Mong Kok area at a 43 percent discount, the latest in a string of recent disposals... Read More>> The post Troubled Hong Kong Investor Lai Wing-to Sells Kowloon Building…
South Korea’s Igis Asset Management leads today’s real estate headlines from aroun Asia Pacific with a $612 million acquisition of Seoul’s Doosan Tower. Also in the news are Singapore’s ESR-REIT divesting an Ang Mo Kio industrial property for S$33.3 million... Read More>> The post Igis Completes $612M Buy of…
A year after last summer’s immigration crackdowns that emptied parts of Los Angeles’ commercial corridors, damage to business owners and their landlords hasn’t been repaired. Neighborhoods like the Fashion District and Little Tokyo are still coping...
Soya Green Data Center 1 is Japan’s first data center to be directly connected to wind power
Japanese electronics giant Panasonic has leased office space at Olimpia Nova in Łódź. The deal is the first to be signed since the building was rebranded and relaunched, with JLL appointed as the exclusive leasing agent.
Phoenix Property Investors announced its exit from Project Ocean, a Grade B office asset in Osaka, Japan.
Phoenix Property Investors announced the sale of a Grade A modern logistics facility in Sapporo, Japan.
Phoenix Property Investors exited three properties across Japan and Hong Kong: a logistics site in Sendai, a hotel in Sapporo, and an office unit in Hong Kong.
Phoenix Property Investors completed the en-bloc sale of a logistics facility in Hakusan City, Japan for USD 40.4 million.
Phoenix Property Investors announced the en-bloc sale of The Peak Sapporo, a Grade-A office building located in Sapporo, Japan.
ESR and Colt DCS established a joint venture to develop a new data centre facility in Osaka, Japan.
ESR and CloudHQ secured LEED Gold certification for the Cosmosquare OS1 data centre facility in Japan, highlighting sustainability achievements in the data center sector.
ESR and STACK have commenced development of a 72 megawatt data centre campus in Kansai, Japan, marking an expansion of hyperscale digital infrastructure in the Asia-Pacific region.
ESR is developing the final phase of its logistics park in Kawanishi City, Japan, with approximately US$1 billion in capital, supported by the closing of its inaugural domestic fund.
ESR Group and CloudHQ have formed a joint venture to co-develop and operate a 130 MW data centre campus in Japan valued at US$2 billion.
ESR completed the first phase of its 130 MW data centre campus in Osaka, Japan, part of a US$2 billion development project.