Keppel Corporation has offered to privatise Singapore Press Holdings’ non-media business, which consists primarily of … Read More>>
Featured Stories
MSCI Buying Real Capital Analytics for $950M
The world’s best known provider of securities indexes is expanding its reach into the alternative investment sector as … Read More>>
Sponsored Features
How Data Can Add Sizzle to Asia Pacific’s Hottest Real Estate Sector
Logistics leaders are leveraging technology to enhance efficiencies, improve customer service and create competitive … Read More>>
What’s Next for Data Centres: A Wave of Capital Investment in APAC
As surging demand for cloud services from big companies and state agencies drives growth in Asia Pacific data centres, … Read More>>
Breaking News
Keppel Buying Singapore Press Holdings’ Real Estate Business in $2.5B Deal
Keppel Corporation has offered to privatise Singapore Press Holdings’ non-media business, which consists primarily of real estate assets, in a cash-and-scrip deal valuing the Straits Times publisher at S$3.4 billion ($2.5 billion).
Under an agreement between the two firms announced… Read More>>
MSCI Buying Real Capital Analytics for $950M
The world’s best known provider of securities indexes is expanding its reach into the alternative investment sector as MCSI today announced that it has agreed to buy Real Capital Analytics for $950 million.
The deal gives the former unit of… Read More>>
Evergrande to Sell Further Stake in Tencent JV for $420M as Unpaid Suppliers Swarm
Debt-saddled developer China Evergrande Group continues to reduce its shareholding in its Hong Kong-listed internet division, HengTen Networks Group, as it announced plans yesterday to offload a HK$3.25 billion ($420 million) stake.
The news comes less than two months after… Read More>>
EHT to Sell Dallas Hotel to Lockwood for $15.5M and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, one of Eagle Hospitality Trust’s holdout hotels looks poised to sell at a reduced price, South Korea’s public pension fund reports robust year-to-date growth, and Hong Kong’s retail sales continue to grow, albeit… Read More>>
Asia Real Estate People in the News 2021-08-02
A corporate bail-out drives the top item in Mingtiandi’s collection of personnel news this week as the rescue of mainland appliance retailer Suning has resulted in the company founder being replaced by an Alibaba executive.
Also in… Read More>>
Hongkong Land Keeps Calm After Underlying Profit Rose 12% in 2021 1H
Hongkong Land Holdings on Thursday reported a 12 percent year-on-year rise in first-half underlying profit and a narrowing of net losses, as the developer synonymous with Hong Kong’s commercial core continues to muddle through challenging times for commercial landlords.
The… Read More>>
Digital Realty Spends $66M for Seoul Site to Build 64MW Data Centre
US data centre REIT Digital Realty continues to expand its Asia Pacific footprint, announcing Thursday that it had acquired a land parcel in Seoul to develop its second project in South Korea.
The world’s largest data centre trust plans to… Read More>>
GIC JV With CPPIB, Boston Properties Buys Seattle Tower and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a GIC-backed joint venture buys a Seattle skyscraper, ESR Australia boosts its logistics investments with new capital commitments, and two more companies accuse indebted developer China Evergrande of failing to pay bills… Read More>>
Real Estate Finance
Keppel Buying Singapore Press Holdings’ Real Estate Business in $2.5B Deal
Keppel Corporation has offered to privatise Singapore Press Holdings’ non-media business, which consists primarily of real estate assets, in a … Read More>>
MSCI Buying Real Capital Analytics for $950M
The world’s best known provider of securities indexes is expanding its reach into the alternative investment sector as MCSI today announced that it … Read More>>
Evergrande to Sell Further Stake in Tencent JV for $420M as Unpaid Suppliers Swarm
Debt-saddled developer China Evergrande Group continues to reduce its shareholding in its Hong Kong-listed internet division, HengTen Networks Group, … Read More>>
Shanghai
TikTok Owner ByteDance Buys 4 Buildings at Tishman Speyer Shanghai Project
Chinese tech company ByteDance has closed a deal to acquire and lease a combined 2.55 million square feet (236,903 … Read More>>
Warburg Pincus Targets Shanghai, Beijing Redevelopment Deals with $7.7B Platform Launch
After having set up successful China real estate ventures in the logistics, residential and hotel sectors, US private … Read More>>
Sino Land Buying Raffles City Stakes From CapitaLand, GIC for $252M
Hong Kong developer Sino Land is sticking around at CapitaLand’s Raffles City Shanghai mixed-use development, agreeing … Read More>>
Singapore
Keppel Buying Singapore Press Holdings’ Real Estate Business in $2.5B Deal
Keppel Corporation has offered to privatise Singapore Press Holdings’ non-media business, which consists primarily of … Read More>>
Gaw Launches SE Asia Data Centre JV With Indonesia Project
Hong Kong’s Gaw Capital Partners on Friday announced the launch of a Singapore-based joint venture company, Data Center … Read More>>
GuocoLand Bids $576M for Singapore Site as Housing Market Rises
A pair of Singapore residential sites attracted competitive bidding from developers late last week as the city-state’s … Read More>>
Projects
Digital Realty Spends $66M for Seoul Site to Build 64MW Data Centre
US data centre REIT Digital Realty continues to expand its Asia Pacific footprint, announcing Thursday that it had acquired a land parcel in Seoul to … Read More>>
Wheelock Wins New Territories Residential Plot With $540M Bid
Hong Kong’s northern New Territories continues to command above-market land prices, particularly in the hotspot of Kwu Tung, where Wheelock Properties … Read More>>
Gaw Launches SE Asia Data Centre JV With Indonesia Project
Hong Kong’s Gaw Capital Partners on Friday announced the launch of a Singapore-based joint venture company, Data Center First, with a project in the … Read More>>
Retail
Link REIT Buying Guangzhou Mall for $501M
Asia’s largest real estate investment trust has made its second major bet on mainland China retail this year with the RMB 3.2 billion ($501 million) … Read More>>
GIC to Acquire Minority Stake in $733M Phoenix Mills India Portfolio
Indian mall developer Phoenix Mills has secured a second deal with a deep-pocketed global investor in less than a week, this time entering into a … Read More>>
Brookfield Buying Pradera China Mall Portfolio From ADIA, Macquarie for $1.4B
Canada’s Brookfield Asset Management has made China’s biggest retail real estate acquisition since the dawn of the COVID-19 pandemic by purchasing a … Read More>>
Asia Outbound
Korean Pension Fund Adds $235M to CBRE GI-IGIS European Mandate
South Korea’s Public Officials Benefit Association has confirmed its commitment of an additional €200 million ($235.6 million) to a European … Read More>>
Suntec REIT Buying London Office Block From Ivanhoe Cambridge for $489M
After a pair of Singapore office sales, SGX-listed Suntec REIT has agreed to acquire a London office building for £353 million ($489.4 million), … Read More>>
GIC JV Acquires Two London Student Housing Projects for $472M
Singapore’s GIC has made its third major real estate investment this month, as the sovereign wealth fund doubles down on a four-year-old bet on … Read More>>
Hong Kong
Wheelock Wins New Territories Residential Plot With $540M Bid
Hong Kong’s northern New Territories continues to command above-market land prices, particularly in the hotspot of Kwu … Read More>>
Stan Group Sells Industrial Building in Hong Kong’s Tuen Mun to China Resources for $290M
In Hong Kong’s biggest en-bloc industrial transaction this year, local property firm Stan Group has sold the East Asia … Read More>>
Weave Buys Kai Tak Hotel to Add to Hong Kong Multi-Family Portfolio
Warburg Pincus-backed Weave Living has agreed to purchase a Kai Tak hotel as its sixth Hong Kong property, spending … Read More>>
MTD TV
GLP, ESR and C&W on How E-Commerce Shapes China’s Warehouse Market: MTD TV
With China’s e-commerce market now bigger than the markets in the US and Europe combined, logistics is increasingly … Read More>>
GLP, ESR and C&W to Talk E-Commerce and China Logistics: MTD TV
Asia’s largest logistics developers and fund managers are teaming up with a veteran advisor next week to share insights … Read More>>
ESR, JLL, BW and Logos See Logistics Pivot to Developing Markets: MTD TV
With shrinking yields and fewer buying opportunities in the core logistics segment, warehouse development in … Read More>>
Research & Policy
Hong Kong Real Estate Investment Set to Double This Year Says C&W
As Hong Kong recovers from the pandemic and its longest-ever recession, investors have resumed the search for real estate returns, helping to drive … Read More>>
Central Singapore Office Rents Rose 1.2% in Q2 in First COVID-Era Increase
Spring has brought fresh growth to Singapore’s central business district as office rents registered their first uptick since the dawn of the pandemic, … Read More>>
Hong Kong Office Leasing Ended Two-Year Contraction in May
Hong Kong’s office leasing picture brightened in May as tenants occupied more Grade A space than they had in the previous month for the first time … Read More>>
Design & Construction
Sun Hung Kai Asks to Redesign West Kowloon Project as Two Taller Towers
Sun Hung Kai Properties is asking to change the design for Hong Kong’s largest commercial site ever with the blue-chip developer hoping to develop two … Read More>>
Swire, CDL and New World Take Home Prizes at ULI APAC Awards
Hong Kong’s Shui On Land, New World Development and Swire Properties, along with Singapore’s City Developments Limited, all came up winners at a real … Read More>>
Korea’s NPS Links Up with SL Green, Hines and KPF on $2.3B NYC Project
Korea’s National Pension Service and US developer Hines have teamed up to buy a 49.5 percent stake in a $2.3 billion New York redevelopment that lead … Read More>>
