Sunday, July 21, 2019

Asia Pacific

Asia Pacific commercial real estate office, retail, industrial, multifamily, healthcare,student housing,hotel news, trends and insights.

Google purchases land at Goodman Business Park in Tokyo

Google purchases land at Goodman Business Park in Tokyo

Google has signed an agreement with Goodman to purchase a land at Goodman Business Park in Greater Tokyo. Google plans to build...
Melco Resorts acquires 19.99% stake in Crown Resorts for $1.22bn

Melco acquires 19.99% stake in Crown Resorts for $1.22bn

Australian billionaire businessman James Packer has sold almost half his stake in Crown Resorts for 1.76 billion Australian dollars ($1.22 billion) to Melco...
Mirvac launches $750 million placement

Mirvac launches $750 million placement

Mirvac has launched a $750 million placement to fund strategic growth initiatives. Mirvac announced that it would undertake an...
GPT buys five prime logistics properties in Sydney for $212m

GPT buys five prime logistics properties in Sydney for $212m

The GPT Group announced that it has exchanged contracts for the purchase of five prime logistics properties for a total amount of...
Hyatt to open 21 new luxury hotels in Asia Pacific by 2020

Hyatt to open 21 new luxury hotels in Asia Pacific by 2020

Hyatt Hotels Corporation plans to open 21 new luxury hotels and resorts in Asia Pacific by the end of 2020.
Qualitas to buy retirement living villages from Stockland in Victoria

Qualitas to buy retirement living villages from Stockland in Victoria

Qualitas has entered into an agreement to buy three retirement living villages, located in Victoria, from Stockland for $59 million.
German Real I.S. acquires office property in Canberra, Australia

Real I.S. launches new “Australia 10” private investment fund

German Real I.S. AG has launched a new closed-ended private AIF. The “Real I.S. Australia 10” participation offer is investing in the...
Scentre Group sells 50% interest in Westfield Burwood, Sydney

Scentre Group sells 50% interest in Westfield Burwood, Sydney

Scentre Group announced the Perron Group will be a new 50% joint venture partner in Westfield Burwood in Sydney. Perron Group will...
Pelligra Group buys Ford manufacturing sites

Pelligra Group buys Ford’s former manufacturing sites

Melbourne-based Pelligra Group has acquired Ford’s former manufacturing sites in Geelong and Broadmeadows. The sites, to be named FORTEK Geelong and ASSEMBLY...
Kerry Properties acquires site in Hangzhou City, China

Kerry Properties acquires site in Hangzhou City, China

Kerry Properties, a property investment and development company in Mainland China and Hong Kong, has won the bid for a residential and...

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