March 2025

HPL, a leading property player and hotelier, has announced its plans to expand its global presence with the acquisition of InterContinental Auckland for NZ$180 million. This marks HPL’s first venture into the New Zealand market and its second acquisition of an InterContinental hotel, following the InterContinental Maldives Maamunagau Resort.

The …

Investments in Asia Pacific real estate rose by 6% year-on-year to US$83.2 billion ($112 billion) in the second half of 2024, according to research by Colliers. This brings the total investments for the entire year to US$155.9 billion, a 12% increase from the previous year. The figures cover the top …

In the latest announcement, CLI said the firm views sustainability as an integral part of its business strategy, and that its sustainability-linked bond issuance in January was “well received by investors, with the order book nearly 10 times oversubscribed.”Singapore – Lee Chee Koon, the CEO of CapitaLand Investment Limited (CLI), …

Singapore-based private equity real estate firm, SC Capital Partners Group, has announced the sale of its student accommodation asset located in Sydney, Australia. According to a press release on March 3, the group sold the property – situated on Anzac Parade and Lorne Avenue in Kensington – at a significant …

City Developments, a property investment company, saw its stock price plummet by 5.47% upon resumption of trading today due to an internal dispute that has resulted in a court battle. The company’s shares had been halted on Feb 26 and a results briefing was cancelled at the last minute. The …

In a recent announcement, Elite UK REIT announced the divestment of Crown Buildings, Caerphilly for GBP710,000 ($1.2 million) at an 18% premium. The trustee of the REIT, Perpetual (Asia) Limited, confirmed the sale in a filing to the bourse on March 3.

The vacant property, located in Wales, was valued …