Asia real estate and outbound investment news
GIC announced on Tuesday its purchase from Blackstone of a 35 percent stake in Mediterranean luxury hotel owner Hotel Investment Partners (HIP) in a move to capitalise on the burgeoning resort market in southern Europe.
The acquisition puts 72 more… Read More>>
OUE Commercial REIT recorded net property income of S$62.7 million ($45 million) in the third quarter, up 29.8 percent from the same period a year earlier, thanks to improved performance by its hospitality assets driven by a recovery in Singapore… Read More>>
Manulife US REIT (MUST) welcomed new leadership on Thursday appointing Marc Feliciano as non-executive chairman as the Singapore-listed REIT struggles through an 81 percent slide in its equity price this year.
Feliciano, who took over as global head of real… Read More>>
Mapletree Logistics Trust (MLT) increased distributions per unit (DPU) in the third quarter compared to year-earlier levels as the Singapore-listed REIT overcame currency fluctuations and higher interest rates after expanding its portfolio through an acquisition from CBRE Investment Management earlier… Read More>>
Average rents in Japan’s multi-family residential sector grew less than 1 percent between 2020 and 2022 despite rising occupancy rates and ongoing urbanisation, however, international investors continue to favour opportunities in Asia’s largest rental housing market, according to a report… Read More>>
