Keppel Reit placement upsized to $123 million

The Hong Kong developer wants to use proceeds of over Rmb3bn from listing its Shanghai K11 properties to improve liquidity and reduce leverage.

The former Deutsche Bank executive joins in Hong Kong as Apac head of healthcare and real estate.

Advancing its portfolio rejuvenation strategy, CLAR is expanding its logistics and business space presence in Singapore while marking a strategic entry into the Japanese hyperscale data centre market with three DPU-accretive transactions.

Brookfield is committing $450m towards the deal, which includes industrial and logistics assets in Mumbai, Pune, Delhi NCR, Chennai and Kolkata.

CBRE Investment Management has closed its seventh Asia Pacific value-add real estate fund and significantly exceeded its initial target.

Non-bank lenders, such as private equity, are set to take up the slack from banks in extending credit to commercial real estate in Asia Pacific.