Asia Pacific

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IKEA’s shopping malls arm Ingka Centres enters Indian market

IKEA’s shopping malls arm Ingka Centres enters Indian market

Swedish home furnishings retailer IKEA’s shopping malls business Ingka Centres has entered the Indian market by acquiring a major land in Uttar Pradesh, India. The 47,833...
CDL acquires majority stake in Shenzhen tech park

CDL acquires majority stake in Shenzhen tech park

City Developments Limited (CDL) said on Monday that it has entered into agreements to acquire 55% interest in a tech park in Shenzhen, China...
Lendlease sells 25% interest in retirement living business to Aware Super

Lendlease sells 25% interest in retirement living business to Aware Super

Lendlease announced on Friday that one of Australia’s largest superannuation funds, Aware Super, had entered into an agreement to acquire a 25 per cent...
Accor sells stake in Huazhu for €239m

Accor sells stake in Huazhu for €239m

Accor has sold a 1.5% stake in Huazhu Group Limited, a multi-brand hotel management company in China, for €239 million. Accor said, after this transaction, it owns a 3.3% stake in Huazhu and...
Mapletree buys land parcel in Hong Kong to develop data center

Mapletree buys land parcel in Hong Kong to develop data center

Mapletree Investments has acquired a land parcel at Fanling Sheung Shui Town in New Territories, Hong Kong SAR for HK$813 million (S$139.9 million) through...
Ascendas India Trust buys Amazon leased building in Hyderabad

Ascendas India Trust buys Amazon leased building in Hyderabad

Singapore-listed Ascendas India Trust (a-iTrust) has agreed to acquire an IT SEZ building, aVance 6, from Phoenix Group at HITEC City, Hyderabad for INR...
Greystar closes Australian multifamily fund at A$1.3bn

Greystar closes Australia multifamily fund at A$1.3bn

Greystar Real Estate Partners has raised A$1.3 billion for its Australian investment vehicle, Greystar Australia Multifamily Venture I (GAMV I), to invest in build-to-rent...
Tony Lombardo to succeed Steve McCann as Lendlease group CEO

Tony Lombardo to succeed Steve McCann as Lendlease group CEO

Lendlease chairman Michael Ullmer announced that Steve McCann will retire as group chief executive officer (CEO) and managing director. Lendlease has appointed Tony Lombardo, currently...
Ascott Residence Trust to sell serviced residence in Shanghai

Ascott Residence Trust to sell serviced residence in Shanghai

Singapore-listed hospitality trust Ascott Residence Trust (ART) has agreed to sell a serviced residence, Somerset Xu Hui Shanghai in China for RMB 1,050 million...
Charter Hall submits plans for riverfront site in Brisbane CBD

Charter Hall submits plans for riverfront site in Brisbane CBD

Charter Hall Group has partnered with global real estate investor QuadReal to acquire a development site located within the heart of the North Quay...

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