News

CapitaLand dominates Asia Pacific fund managers as Blackstone breaches US$200bn

Singapore's CapitaLand dominated the real estate fund manager AUM rankings in Asia Pacific last year, as regional strategies attracted a greater slice of global...

SC Capital raises US$850m for latest APAC discretionary property fund

Singapore-based SC Capital Partners (SCCP) has raised US$850m in the final closing of its fifth discretionary real estate fund, Real Estate Capital Asia Partners...

Swire Properties, CMBC sell Hong Kong tower for US$605m

Hong Kong-listed Swire Properties and China Motor Bus Company (CMBC) have agreed to sell a 26-storey office in Hong Kong's North Point area for...

GIC, IHCL team up for US$600m Indian hotel platform

Singapore's sovereign wealth fund GIC and Indian Hotels Company Limited (IHCL) have teamed up to form an Indian hotel platform that will invest Rs....

ESR raises US$630m for Japanese logistics fund

Hong Kong-based logistics real estate platform ESR has raised JPY 70bn (US$630m) in the closing of its ESR Japan Logistics Fund 3 to fund...

Beijing takes Asia Pacific CRE crown in 1Q19 amid regional slump

Beijing jumped to the top position among Asia Pacific metropolitan commercial real estate investment markets for the first time ever, with investments totalling US$4.5bn...

Perron Group buys half share in Sydney mall for US$398m

Perth-based Perron Group has agreed to acquire a 50% share in the Westfield Burwood shopping centre in Sydney from Scentre Group for A$575m (US$398.2m),...

Frasers Centrepoint Trust buys one-third stake in Singapore Mall for US$319m

Frasers Centrepoint Trust (FCT) has acquired a one-third interest in the Waterway Point mall in Singapore from another Frasers Property subsidiary for S$440.6m (US$319.9m). Waterway...

Singapore’s CDL pays US$973m for Chinese developer, Shanghai asset stakes

Singapore-listed City Developments Limited (CDL) has agreed to buy a 24% stake in Chinese developer Sincere Property Group and a majority stake in one...

J-REIT IIF acquires five assets in Japan for US$225m

Tokyo-listed Industrial & Infrastructure Fund (IIF) has agreed to acquire five commercial properties located across Japan worth a combined JPY 24.65bn (US$224.9m). IIF, a J-REIT...

Singapore’s EC World REIT to buy Hangzhou logistics property for US$164m

Singapore-listed EC World REIT has agreed to buy a three-storey e-commerce warehouse and two 14-storey offices in the Chinese city of Hangzhou for a...

Invesco J-REIT buys two offices in Tokyo, Yokohama for US$74m

Invesco Office J-REIT has agreed to buy two offices in Tokyo and Yokohama City from Godo Kaisha Wing Property for a combined JPY 8.14bn...

Allianz commits US$600m to GLP’s China, Japan logistics funds

Allianz Real Estate, the property arm of the German insurer, has committed US$600m to GLP's logistics development funds in China and Japan, as the...

Charter Hall fund snaps up Melbourne, Adelaide offices for A$275m

Charter Hall's PFA fund has purchased two offices in Melbourne and Adelaide for a combined A$275m (US$192.3m), marking its first deals in either CBD...

Wang On Group buys Hong Kong asset for US$99m

Hong Kong-listed Wang On Group and its subsidiary Wang On Properties have agreed to buy a commercial podium at a Hong Kong residential community for...

Features

Centuria’s Ross Lees on tightening warehouse yields in Australia

Australian industrial and logistics real estate yields are set to compress further, with an ever-growing crowd of investors fuelling competition for assets, says Centuria...

The top 10 biggest Asia Pacific property deals of 2018

The Asia Pacific real estate market had a bumper year in 2018, reaching the second highest level of deal activity in history. It was a...

Principal’s Indraneel Karlekar on finding value amid lower property returns

Institutional investors bracing for a period of lower real estate returns globally can still find pockets of value in Europe and the US, says...

Property investors race into Guangdong-HK-Macau Greater Bay Area

Commercial property investors are snapping up real estate across Hong Kong, Macau and the Guangdong province in mainland China to take advantage of the...

APAC Real Estate publishes Asia Pacific real estate news and intelligence for institutional investors