Hines to build Melbourne’s tallest timber office building
Hines will start construction on Melbourne’s tallest mass-engineered timber office building in Q3 2021.
Located just 2 kilometers from the CBD, 36 Wellington Street will...
Partners Group, GIC, Salter Brothers to buy A$620m hotel portfolio in Australia
Swiss-based global private markets firm Partners Group, in partnership with Singaporean sovereign wealth fund GIC and Australian hospitality operator Salter Brothers, has agreed to...
CBRE: Logistics occupiers plan strong expansion in APAC amid supply crunch
CBRE has released its Asia Pacific Logistics Occupier Survey report, which looks at logistics trends set to impact the sector in the coming years.
A...
QIC appoints Kylie Rampa as new CEO
QIC, an Australian investment manager owned by the Queensland Government, has appointed Kylie Rampa as chief executive officer (CEO).
Kylie Rampa will commence in April...
CapitaLand Development sells office building in Hanoi for US$550m
CapitaLand Development (CLD) has agreed to sell Capital Place, a Grade A office building in Hanoi, Vietnam, for S$751 million (US$550 million) to an...
KKR completes acquisition of Japanese real estate asset manager
KKR has completed the acquisition of Mitsubishi Corp.-UBS Realty (MC-UBSR), a Japanese real estate asset manager from Mitsubishi Corporation and UBS Asset Management for...
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...
Patrizia launches €1bn Japanese real estate investment strategy
German asset manager Patrizia has signed a strategic partnership agreement with an unnamed Asian institutional investor to invest up to JPY 150bn (c. €1bn)...
PAG raises $1.8bn for third real assets fund
Asia Pacific-based alternative investment manager PAG has raised $1.8 billion in capital commitments for PAG Real Estate Partners Fund III (PREP III).
PREP III, the...
Union Investment divests two properties in Tokyo
Union Investment has completed the profitable sale of two prime real estate assets in Tokyo, Japan.
The Shibuya Prime Plaza office building, completed in...
Investors eye value-add opportunities in APAC real estate market for 2025
The Asia Pacific (APAC) commercial real estate market is poised for steady growth in 2025, driven by a resilient regional economy and a downward...
CBRE IM closes $2.1bn APAC real estate fund
CBRE Investment Management has closed its latest Asia Pacific value-add real estate vehicle, Asia Value Partners 7 (AVP 7), with total equity commitments of...
