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PGIM and Elevate Capital confirm Stamford Court buy

GLOBAL asset manager PGIM Real Estate in a joint venture with Elevate Capital, have confirmed the acquisition of…

Ascott China asset-light strategy blossoms with TULIP LODJ

CAPITALAND’s lodging business unit, the Ascott has entered into a joint venture with China’s largest hotelier, Jin Jiang…

Swire Properties launches maiden residential project in PRC

REAL estate developer Swire Properties is set to make a splash in the Chinese real estate market with…

KDX divest two older offices

KDX Realty has sold two aging office buildings in Tokyo and Osaka for over JPY3.6 billion. The trust…

Daito expands with takeover of Housecom

IN a strategic move aimed at consolidating its market presence, Tokyo-headquartered builder Daito Trust Construction will acquire real…

Singapore warehouse sells for 65pc above valuation

THE CapitaLand Ascendas REIT has capitalised on Singapore’s strong performing industrial and logistics sector with the sale of…

Mitsubishi Estate drives further in Vietnam

VIETNAM’S position as a critical supply chain destination in Asia has been further cemented by Japanese giant Mitsubishi…

Cambodia attracting record levels of Chinese investment

CHINA’S investment in Cambodia has exceeded US$10 billion in the eight months of 2024 with demand for development…

Prime office rents stabilising

PRIME office rents across Asia Pacific are starting to stabilise but markets continue to diverge with India shouldering…

Activia room with others in Kyoto hotel buy

URBAN REIT Activia Properties continues to diversify its portfolio outside of Tokyo, by co-investing in JPY23.9 billion (approximately…

CapitaLand win gold from Olympic Tower Tianjin sale

LODGINGS owner CapitaLand Ascott Trust has sold the Somerset Olympic Tower Tianjin in China, at above book value.…

Taeyoung tees off Korean golf course

DEBT distressed Korean builder Taeyoung Engineering & Construction has sold a golf course for over KRW195 billion (approximately…

Nexus Select bags Bengaluru shopping mall

INDIA’S first listed REIT, the Nexus Select Trust, has diversified its portfolio with the acquisition of a shopping…

Megaworld buoyed by success in Pampanga

FILIPINO property developer Megaworld is expanding its residential portfolio in Central Luzon to meet strong demand. The 17-storey…

Gaolu and Black Kite fly higher in China

CHINA’S leading logistics players Gaolu Group and Black Kite Property will join forces, which will position them to…