The COVID-19 pandemic is still throwing curveballs at Asian economies, but the region’s office markets have weathered … Read More>>
Featured Stories
Mitsubishi Estate Buying a Piece of British Embassy Compound in Tokyo
Less than four years after the disposal of its embassy site in Bangkok, the UK Foreign Office continues to pare back its … Read More>>
Sponsored Features
Automation and the Age of Data Centres
Can the real estate sector keep up with demand for data centres? And is it ready for the challenges and complexity … Read More>>
Florentia Village Expands in Shanghai, Chengdu in Retail Ramp-Up
China’s international luxury outlet mall pioneer Florentia Village has opened major expansions of its Shanghai and … Read More>>
Breaking News
Allianz, KKR, Gaw and Colliers See Top Asia Office Markets on the Upswing
The COVID-19 pandemic is still throwing curveballs at Asian economies, but the region’s office markets have weathered the crisis and are set for easier times, according to experts from Allianz Real Estate, KKR, Gaw Capital Partners and Colliers International… Read More>>
Mitsubishi Estate Buying a Piece of British Embassy Compound in Tokyo
Less than four years after the disposal of its embassy site in Bangkok, the UK Foreign Office continues to pare back its real estate footprint in Asia, announcing Thursday that it had agreed to sell a section of the British… Read More>>
CDL Said Selling Seoul Hotel to IGIS for $849M and More Asia Real Estate Headlines
Distress leads the news today with reports from Korea and mainland China showing signs of tough financial times for real estate firms, including Singapore’s CDL selling a Seoul luxury hotel after suffering a disastrous 2020.
Also, a fresh set of… Read More>>
Logos-Led Consortium Buying Sydney Airport Site for $594M
Logos Property Group is set to add 13.8 hectares (9.4 acres) to its burgeoning Sydney land bank after the warehouse developer and fund manager announced on Friday that it had led a consortium buying a site near the city’s airport… Read More>>
SilkRoad Acquires Fifth Hong Kong Industrial Asset for Reported $167M
SilkRoad Property Partners is adding a fifth industrial asset to its Hong Kong portfolio after consolidating block C at the Hang Wai Industrial Centre in the New Territories through a series of transactions said to total over HK$1.3 billion ($167.1… Read More>>
Starwood Raises $10B for Latest Fund and More Asia Real Estate Headlines
Fund raising leads the way as we start off another investment week in Asia, with Barry Sternlicht’s Starwood Capital announcing that it has raised $10 billion for a distressed opportunity fund aimed at properties worldwide.
Also hoping… Read More>>
Asia Real Estate People in the News 2021-10-18
Top level private equity appointments lead Mingtiandi’s roundup of personnel moves this week with KKR’s former Asia leader stepping up to co-CEO at the New York giant, and a fund manager from Boston has named a Japan boss as it… Read More>>
ESR-REIT Proposes to Create $4B Logistics REIT with Buyout Offer for ARA-Logos Trust
Just over three months after Hong Kong-listed ESR unveiled a deal to establish Asia’s largest fund manager by acquiring ARA Asset Management, the Hong Kong-based fund manager has proposed to upgrade ESR-REIT into one of the 10 largest real estate… Read More>>
Real Estate Finance
SilkRoad Acquires Fifth Hong Kong Industrial Asset for Reported $167M
SilkRoad Property Partners is adding a fifth industrial asset to its Hong Kong portfolio after consolidating block C at the Hang Wai Industrial Centre … Read More>>
Keppel DC REIT Invests in $430M JV to Operate M1 Network Infrastructure in Singapore
Keppel DC REIT is expanding into the network infrastructure space under the terms of a deal announced late last week between its sponsor, Keppel … Read More>>
Sino-Ocean, GIC Back $1.4B Beijing-Focused China Office Fund
Beijing-based private equity firm Sino-Ocean Capital is tapping the financial resources of one of the world’s biggest sovereign wealth funds to set up … Read More>>
Shanghai
Florentia Village Expands in Shanghai, Chengdu in Retail Ramp-Up
China’s international luxury outlet mall pioneer Florentia Village has opened major expansions of its Shanghai and … Read More>>
CK Asset Selling Commercial Tower in Shanghai’s Jing An District to Hysan for $540M
Hysan Development will make its second foray into mainland China after agreeing to acquire a 24-storey commercial … Read More>>
New World Breaks Ground on Huaihai Road Project in Shanghai
New World Development recently began work on its second K11 commercial project in Shanghai, breaking ground on a 17,171 … Read More>>
Singapore
Keppel DC REIT Invests in $430M JV to Operate M1 Network Infrastructure in Singapore
Keppel DC REIT is expanding into the network infrastructure space under the terms of a deal announced late last week … Read More>>
Recovery Sighted as Singapore Grade A Office Rents Inch Upward in Q3
A broad recovery is on the cards in Singapore’s office leasing market after a second straight quarter of growth for … Read More>>
Singapore Outbound Investment Jumped 54% in Q3 and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a Knight Frank report says Singapore’s outbound property investment was … Read More>>
Projects
Mitsubishi Estate Buying a Piece of British Embassy Compound in Tokyo
Less than four years after the disposal of its embassy site in Bangkok, the UK Foreign Office continues to pare back its real estate footprint in … Read More>>
US Data Centre Startup Stack Kicks Off APAC Expansion Plan in Singapore
US hyperscaler Stack Infrastructure is expanding its digital infrastructure operations into the Asia Pacific region, starting with key cities in Japan … Read More>>
New World Sells Kowloon Office Floors for $154M as Commerce Comes Back
New World Development recorded a big-ticket sale last month, selling a block of three high-level floors in an office project in Kowloon’s Cheung Sha … Read More>>
Retail
Firmus Capital Buys Central Singapore Mall to Bring Opportunity Fund AUM to $148M
A western Singapore mall has become Firmus Capital’s second acquisition in the city-state, boosting the local private equity firm’s newly-launched … Read More>>
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>>
Asia Outbound
ARA Founder’s Family Office Teams With Straits, Savills IM for $500M UK Retail Fund
Savills Investment Management has secured backing from the family office of John Lim, the co-founder of Singapore-based ARA Asset Management, for a … Read More>>
Hines and Korea’s NPS Acquire San Francisco Complex for $2.5B Redevelopment
US developer Hines and South Korea’s National Pension Service have set a new bar for their longtime partnership by announcing a $2.5 billion … Read More>>
Kuok Family of Kerry Group Buys London West End Office Building for $199M
The Kuok family behind Hong Kong developer Kerry Properties has purchased an office building in the swanky St James’s district of London’s West End … Read More>>
Hong Kong
SilkRoad Acquires Fifth Hong Kong Industrial Asset for Reported $167M
SilkRoad Property Partners is adding a fifth industrial asset to its Hong Kong portfolio after consolidating block C at … Read More>>
Hong Kong Office Leasing Grows for the First Time in Two Years, Rents Still Slide
Hong Kong’s office market showed signs of revival after a prolonged slump as more tenants leased fresh space than gave … Read More>>
Hang Lung Names Former Gaw Capital Executive Kenneth Chiu as New CFO
Hang Lung Properties and its parent company, Hang Lung Group, this month jointly announced the appointment of Kenneth … Read More>>
MTD TV
Allianz, KKR, Gaw and Colliers See Top Asia Office Markets on the Upswing
The COVID-19 pandemic is still throwing curveballs at Asian economies, but the region’s office markets have weathered … Read More>>
Allianz, Gaw, KKR and Colliers to Lead MTD TV Office Forum on 19 October
Asia’s largest economies are continuing to struggle to move past the pandemic, with cities such as Singapore, Hong Kong … Read More>>
Hyperscalers Shaping Data Centre Demand in North Asia: MTD TV
With seemingly limitless demand bumping up against supply constraints and entry barriers in North Asia, hyperscale data … Read More>>
Research & Policy
Hong Kong Office Leasing Grows for the First Time in Two Years, Rents Still Slide
Hong Kong’s office market showed signs of revival after a prolonged slump as more tenants leased fresh space than gave up old offices for the first … Read More>>
Recovery Sighted as Singapore Grade A Office Rents Inch Upward in Q3
A broad recovery is on the cards in Singapore’s office leasing market after a second straight quarter of growth for Grade A rents in the central … Read More>>
Carrie Lam Touts ‘Northern Metropolis’ Scheme in Last HK Policy Address
In the final Policy Address of her current term as Hong Kong’s chief executive, Carrie Lam put housing and land supply issues front and centre, … 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>>
