Canadian investment manager Brookfield is on track to take over Australian-listed senior living operator Aveo Group in a deal worth A$1.27bn (US$860m). Aveo owns and manages 93 retirement villages comprising about 12,000 units across Australia, as of September 2018. Aveo has entered into a scheme of implementation with entities controlled by Brookfield, valuing Aveo at […]
Allianz Real Estate, the property arm of the German insurer, has committed US$150m to Indian office developments after teaming up with Indian conglomerate Godrej Group. Allianz Real Estate has invested into a closed-end office development platform with developments across Mumbai and Gurgaon, according to a statement. Rushabh Desai (image: Allianz Real Estate) “We are confident […]
Andrew Wilkinson (image: ALE Property/Twitter) ALE Property Group CEO Andrew Wilkinson resigns; Pan Pacific Hotels Group taps Choe Peng Sum for CEO; Colliers promotes Scott Nelson; CBRE hires David Keenan; Savills adds Michael Silvester, David Howson and Eugene Reyneke to its Australian team; and Sarah Harding and Kymbal Dunne join Knight Frank. ALE Property Group […]
CBRE Global Investors and Universal-Investment have sold the Midosuji Grand Tower in Osaka and acquired a portfolio of more than 1,000 residential units in the city on behalf of German pension fund Bayerische Versorgungskammer (BVK). Midosuji Grand Tower (image: CBRE Global Investors) CBRE Global Investors and Universal-Investment, a German investment company, made both deals with Osaka-based […]
Singapore’s sovereign wealth fund GIC has sold a half-stake in its A$1.8bn (US$1.2bn) Chifley Tower skyscraper in Sydney to Australian property group Charter Hall. Charter Hall’s Prime Office Fund (CPOF) and DVP wholesale funds/partnerships have formed a joint venture with GIC and will take over all asset and property management for the 68,867 sq.m. office […]
Australian-listed Charter Hall and Abacus Property have teamed up to buy a Sydney CBD office from Dexus and Perron Group for A$630m (US$427.4m), reflecting a market yield of 5%. The 201 Elizabeth Street property features about 38,934 sq.m. of net lettable office space across 34 floors, as well as a 1,428 sq.m. lower ground food […]
Japanese property group Nomura Real Estate has bought the Zen Plaza office building in Ho Chi Minh City (HCMC), as the firm expands further throughout Asia. The 14-storey asset has 11,700 sq.m. of net lettable area and is located near the main business district and many Vietnamese fashion boutiques, the buyer announced. The sale price was […]
Commerz Real, the property arm of German Commerzbank, has sold its 71 Robinson Road office in Singapore to a Sun Venture subsidiary for S$655m (US$475.7m). 71 Robinson Rd, Singapore (image: Commerz Real) SV Robinson, a real estate investment company and a member of the Sun Venture group, acquired the 13-storey property from Commerz Real’s open-ended real […]
A group of institutional investors, including Dutch investment manager Bouwinvest, has invested nearly US$700m (€615m) into a portfolio of 26 offices spanning Tokyo, Osaka, Hong Kong, Seoul and Auckland. Bouwinvest has committed US$100m towards the deal under its international mandate for Dutch construction workers pension fund, bpfBOUW, the firm said in an announcement. Hong Kong-based PAG […]
Several regional commercial property markets across Asia Pacific are entering into a period of slower growth, according to the RICS Q2 2019 Asia Pacific Commercial Property Monitor. Survey respondents shared a more cautious outlook due to economic uncertainty, however still broadly expected rents and capital values to rise over the next 12 months. Trade concerns […]
- « Previous Page
- 1
- …
- 5
- 6
- 7
- 8
- 9
- …
- 36
- Next Page »