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Princeton plugs into Yahoo data centre

WARBURG Pincus-backed digital infrastructure real estate developer Princeton Digital Group (PDG) has grown its footprint in Singapore. The…

Chinese developer R&F defaults on debt payment

PROPERTY developer Guangzhou R&F Properties is considering alternative solutions after missing the interest payments on it US$ 4.53…

Asia Property Journal Deal Watch

ASIA Property Journal’s weekly comprehensive wrap of property sales and leasing transactions across Asia.   Retail Hong Kong…

Wheelock secures HK industrial for US$ 93m

DEVELOPER Wheelock Properties has acquired an industrial property on Hong Kong Island for HK$ 728 million (approximately US$…

Singaporean owners mull stratification to meet rising demand

OFFICE and retail property owners in Singapore are increasingly considering the stratification of their assets to capitalise on…

LHN sells car park to invest in co-living

REAL estate manager LHN has recycled its significant profit from a car park sale into Singapore’s burgeoning co-living…

Creditors sell Mumbai developer for US$ 32m

LISTED property developer Oberoi Realty has received approval to buy Mumbai-based Nirmal Lifestyle Realty from creditors for Rs…

Nomura shows confidence in Hokkaido tourism market

THE Nomura Real Estate Master Fund has snapped up a prime hotel in Hokkaido, as Japan’s tourism industry…

Macquarie acquires Seoul data centre for US$530m

MACQUARIE Asset Management, the world’s largest infrastructure manager, is increasing its exposure in digital infrastructure with the acquisition…

FILRT reaches sustainability milestone

PHILIPPINES’ Filinvest REIT (FILRT), continues to lead the way in sustainability, announcing that 16 out of its 17…

Asia Pacific capital markets turning the corner

COMMERCIAL real estate investment volumes have recovered from the 2023 downturn. According to JLL’s data, CRE volumes increased…

Industrial and logistics J-REITs getting married

INDUSTRIAL and logistics J-REITs, the Mitsui Fudosan Logistics Park and Advance Logistics have announced a merger to create…

Evergrande sues founder and executives to recover $6bn

CHINA Evergrande, the world’s most indebted property developer and under liquidation, is taking legal action against its founder…

Bain Capital expands in Malaysia, taking advantage of data centre boom

US private equity giant Bain Capital is accelerating its investment in data centres in Asia Pacific, with the…

Megaworld invests US$200m in wellness township in Batangas

THE Philippines most awarded township developer Megaworld has unveiled plans to invest PHP 12 billion (approximately US$ 200…