Singapore’s UOL enters UK student housing market with £43.5m acquisition
Singapore-listed UOL Group Limited has made its first move into the UK student accommodation sector with the acquisition of Varley Park in Brighton for...
AI-driven workplace demand pushes office fit-out costs higher in key global cities
Demand for premium office space and a shortage of Grade A supply have pushed fit-out costs sharply higher across major global cities, according to...
Schroders to acquire stake in US$1.1bn Asian real estate investment manager
Schroders announced that it has reached an agreement to acquire a majority stake in Pamfleet, a real estate investment manager with offices in Hong...
Cromwell lodges development application for A$85m office building in Canberra
Cromwell Property Group (Cromwell), a real estate investment manager listed on the Australian Securities Exchange, has lodged an $85 million development application (DA) for...
Charter Hall buys food manufacturing facilities for A$141m
Charter Hall Direct’s industrial fund has acquired two food manufacturing facilities for A$141 milllion in a 30-year sale and leaseback transaction.
The sale and leaseback arrangement...
GIC, Equinix to invest US$1bn in data centers in Japan
Global interconnection and data center firm Equinix, Inc. and Singapore's sovereign wealth fund GIC have agreed to form more than US$1.0 billion joint venture to develop and operate three...
AXA IM Alts sells new office building in Tokyo
AXA IM Alts has sold its newly completed a c. 4,000 sqm office building in Roppongi in Tokyo, Japan to a Korean-based investment and...
Australian Goodman Group buys industrial site in London
Australian industrial real estate company Goodman Group has acquired a 9.5 acre industrial site in Park Royal, London via its Goodman UK Partnership.
The site is...
Frasers Property to take hospitality arm private
Frasers Property will take its Singapore-listed hospitality arm, Frasers Hospitality Trust, private in a deal valuing the REIT at S$1.35 billion ($970 million).
Frasers Property has...
Asia Pacific CRE investment activity gradually improves in H2 2020
Asia Pacific commercial real estate (CRE) investment volume rose by 44% q-o-q to US$26 billion in Q3 2020, with the October-December quarter also expected...
CapitaLand Investment forms first onshore RMB fund in China
CapitaLand Investment (CLI), headquartered and listed in Singapore, has formed its first onshore renminbi fund in China in partnership with a domestic asset management...
ADIA hires Drew Goldman as global head of real estate
The Abu Dhabi Investment Authority (ADIA) has appointed Drew Goldman as Global Head of Real Estate in its Real Estate Department, effective from 03...
