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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…

JPR divests underperforming offices for significant premium

JAPAN Prime Realty (JPR) has sold two properties that have low profitability for a combined JPY20.35 billion (approximately…

Rate cut fuels Singapore industrial activity

THE US Federal Reserve interest rate cut has had an immediate effect on Singapore’s industrial property market, according…

LaSalle plays monopoly in Tokyo

THE LaSalle Logiport REIT (LLR) has sold and bought warehouses in Tokyo for JPY13 billion (approximately US$86.313 million)…

New kid on the block developer expands in Bhandup

INDIA’S newly listed real estate company Arkade Developers will invest INR570 cr to develop seven residential towers in…

Siamese Asset secures Thai mall

THAI property developer Siamese Asset has acquired the leasehold to a department store “Forum Plaza” in the Chonburi Province.…