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Sachin Dashi, Weave Living

Weave Living Acquires Nine Tokyo Rental Residential Properties

2023/09/28 by Michael Cole Leave a Comment

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>>

Fairprice

Mercatus Marketing Singapore Community Retail Portfolio for $194M

2023/09/27 by Beatrice Laforga Leave a Comment

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>>

VisionCrest Commercial 1

TE Capital in Due Diligence for Office Building in Singapore’s Orchard Area

2023/09/21 by Beatrice Laforga Leave a Comment

Just a few months after wrapping up sales for a project in Singapore’s central business district, local private equity firm TE Capital Partners is doing some building shopping near the city-state’s Orchard Road retail strip as it looks for another… Read More>>

Henderson Land director Augustine Wong

Henderson-Swire JV Completes Acquisition of $806M Quarry Bay Project

2023/09/19 by Christopher Caillavet Leave a Comment

Henderson Land and Swire Properties have completed their acquisition of a set of ageing buildings in Hong Kong’s Quarry Bay at a valuation of HK$6.3 billion ($806 million) after securing the remaining spaces at a public auction Tuesday.

The compulsory… Read More>>

Hong Kong Commercial Tower on the Market After Being Seized by Receivers

2023/09/19 by Beatrice Laforga Leave a Comment

A Hong Kong retail tower seized from distressed mainland developer Golden Wheel Tiandi Holdings has been put up for tender in the latest case of a sale by receivers in the Asian financial capital.

Colliers was appointed by the property’s… Read More>>

Robert Ng of Sino Land

Sino Land JV Wins Kai Tak Plot with Bargain $680M Bid in Depressed Hong Kong Market

2023/09/14 by Christopher Caillavet Leave a Comment

A consortium led by local builder Sino Land has won a tender for a residential plot in Hong Kong’s Kai Tak area with a bid of HK$5.35 billion ($680 million), representing a nine-year low for a government land premium at… Read More>>

Claire Cormier Thielke

Hines Greater China Boss Cormier Thielke Joins Prologis to Lead Asia Investment

2023/09/13 by Christopher Caillavet Leave a Comment

Hines veteran Claire Cormier Thielke has left her post as the US developer’s head of Greater China to join logistics giant Prologis as its chief investment officer for Asia.

Thielke, who started her new role on 1 September, will oversee… Read More>>

EdgeConneX Kelvin Fong

EdgeConneX Enters Malaysian Data Centre Market with 300MW Project Pipeline

2023/09/12 by Christopher Caillavet Leave a Comment

Data centre platform EdgeConneX on Monday announced its entry into Malaysia with a plan to develop 300 megawatts of capacity across three locations.

EdgeConneX, a hyperscale specialist backed by Swedish private equity firm EQT, aims to build facilities in the… Read More>>

Storage Plus Japan

Warburg Pincus’ Storhub Acquires Japanese Self-Storage Firm in Second Buyout in One Month

2023/09/11 by Michael Cole Leave a Comment

Warburg Pincus has expanded its Asia footprint in one of real estate’s hottest asset classes as the private equity firm’s Storhub self-storage takes over a Japanese rival.

Singapore-based Storhub has now completed its acquisition of Storage Plus Corp, which has… Read More>>

Warburg Pincus, PDG See AI Driving Demand for APAC Data Centres

2023/09/05 by Beatrice Laforga Leave a Comment

A surge in adoption of artificial intelligence tools is driving demand for computing capacity globally, with growing requirements from tech giants operating generative AI platforms already creating opportunities for data centre operators and investors at the same time that it… Read More>>

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The biggest landlord in Hong Kong’s Central district is headed to a second straight year of declining profits and the … Read More>>

New World’s Henry Cheng Says Searching for Successor, May Opt for External Candidate

Cheng Kar-Shun, NWD

Hong Kong property and retail tycoon Henry Cheng Kar-shun says he is still looking for a successor to run the family’s … Read More>>

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Having established a portfolio of 17 industrial developments across eight major markets in India, Blackstone is looking … Read More>>

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