PGIM Real Estate launches innovation lab to develop new real asset technologies
PGIM Real Estate has launched RealAssetX, an innovation lab to research, develop and invest in technology that aims to accelerate advancements in the real...
Frasers Property and ESR buy development site in Melbourne
A joint venture between Frasers Property Australia (Frasers Property) and ESR Australia has acquired a 4.67 hectare site at 254 Wellington Road, Mulgrave in...
43-hectare industrial land parcel in Melbourne sold to Frasers Property
Frasers Property Australia has purchased a 43-hectare premier industrial land parcel from a private syndicate in Melbourne’s West for A$27.5 million.
Situated at 917...
Global healthcare sector set to grow despite economic uncertainty
The global healthcare sector remains buoyant and is expected to grow despite a challenging economic outlook, according to global property advisor, Knight Frank.
Investors...
Asia Pacific commercial property investment falls 24% in second quarter
Economic and financial concerns and a renewed spate of lockdowns in China hampered commercial property deal activity in Asia Pacific in the second quarter...
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...
ESR, Stack to develop data centre in Seoul
ESR and Stack Infrastructure have formed a joint venture to develop a 48 MW data centre site in Incheon, Korea.
Both companies will jointly develop...
Nuveen Real Estate sells stake in Brisbane shopping centre for A$285m
Nuveen Real Estate, one of the largest real estate investment managers globally with US$130 billion of assets under management, has sold 75 percent stake...
Retail leasing activity in APAC markets to pick up next year: CBRE survey
Retail leasing activity in Asia Pacific markets is expected to pick up next year amid solid expansion demand from retailers.
According to a CBRE survey...
Centuria’s fund buys Grade-A office property in Melbourne
Centuria’s Diversified Property Fund has acquired 13-15 Compark Circuit, a Grade-A office property for A$27.8 million in Mulgrave Victoria, Melbourne.
This is the fourth direct...
Alibaba to acquire 50% stake in Singapore office tower from Perennial-led consortium
Chinese e-commerce giant Alibaba Group Holding Ltd., through its subsidiary Alibaba Singapore, has agreed to acquire a 50% stake in AXA Tower, a Singapore...
Frasers Property Retail buys AsiaMalls Management in Singapore
Frasers Property Retail, a retail-focused platform under Frasers Property Singapore, has agreed to acquire property manager AsiaMalls Management Pte. Ltd. (AsiaMalls Management), which currently...
