Macquarie-Led Consortium Completes $8B Buyout of Ports Operator Qube and More APAC Real Estate Headlines

A Macquarie-led consortium has completed a significant real estate deal in the Asia-Pacific region, acquiring Australian ports operator Qube Holdings for $8.3 billion.

### Macquarie-Led Consortium Completes $8B Buyout of Ports Operator Qube

Australia's Macquarie Asset Management has led a consortium investment in Qube Holdings via a scheme of arrangement, valuing the ports and logistics group at A$11.7 billion ($8.3 billion). The consortium includes Australian pension fund UniSuper and Spanish family office Pontegadea alongside Macquarie-managed funds. This marks Qube's exit from public markets.

The deal reflects Macquarie Asset Management's ability to execute complex transactions and source compelling opportunities for its clients, according to Ben Way, head of Macquarie Asset Management.

### Minor International Delays $1B Thai Hotel REIT Plan

Thailand's Minor International has postponed plans for its first REIT, valued at $1 billion, due to market conditions. The hotel and restaurant operator is concerned that investors may demand a higher-than-expected yield on the REIT amid the Middle East conflict.

### STT GDC Secures $1.4B Green Loan for Johor Campus

Singapore's ST Telemedia Global Data Centres has secured a green financing facility of up to $1.4 billion to fund its flagship STT Johor data centre campus in Malaysia. The facility covers Phase 1 of the campus at Nusa Cemerlang Industrial Park and has a planned capacity of up to 166 megawatts of IT load.

| Facility | Amount | Description | | --- | --- | --- | | Green Loan | $1.4B | Funding for STT Johor data centre campus |

### Microsoft Shuts 15 China Branch Offices Amid Retreat

US tech giant Microsoft has closed at least 15 branch offices and joint ventures in China over the past five years, as the company pursues a strategy of retreat amid deteriorating Sino-American ties. China accounted for just 1.5 percent of Microsoft's global revenue in 2024.

### Coles Buys Woolworths-Anchored NSW Shopping Centre for $40M

Australia's Coles has bought a shopping complex occupied by rival Woolworths in Albion Park in the Illawarra region of New South Wales for A$57 million ($40.2 million). Woolworths has about 12 years left on its lease, with Coles buying the asset as a long-term play to install its own store once the lease expires.

### Samsung FN REIT Borrows $57M for Dangsan Tower Buy

South Korea's Samsung FN REIT has decided to borrow KRW 80 billion ($56.6 million) to fund the acquisition of A-One Tower Dangsan. The REIT will raise the funds through electronic short-term bonds carrying an annual interest rate of 4.3 percent.

| Issuance | Amount | Interest Rate | Description | | --- | --- | --- | --- | | Electronic Short-Term Bonds | KRW 80B | 4.3% | Funding for A-One Tower Dangsan acquisition |

### Buyer Terminates Deal for Acrophyte's Atlanta Hyatt Place

Singapore-listed Acrophyte Hospitality Trust's buyer has terminated a purchase agreement for Hyatt Place Atlanta Norcross Peachtree Corners, exercising a due diligence walk-away clause on 10 August. The buyer's $100,000 earnest money deposit has been refunded, and the Acrophyte manager said it will continue exploring strategic options for the hotel.

### SF REIT's H1 Distributable Income Falls 7% to $14M

Hong Kong-listed SF REIT's distributable income fell 7.3 percent year-on-year to HK$110.7 million ($14.1 million) in the first half of 2026. The logistics-focused trust, controlled by Chinese logistics giant SF Holding, reported total revenue of HK$219.3 million, down 4.6 percent, with net property income dipping 7.1 percent to HK$178.4 million. Portfolio occupancy across its Hong Kong and mainland China assets held steady at 96.8 percent, and SF Holding accounted for 77.1 percent of total revenue.