The trends toward urbanisation and rising housing costs that have helped drive interest in core rental housing assets… Read More>>
Frasers Logistics & Commercial Trust Buying 6 European Properties for $412M
Frasers Logistics & Commercial Trust is acquiring its first warehouse property in the UK as part of a S$548.7 million ($412.2 million) purchase of six European assets announced to the Singapore exchange on Monday.
FLCT’s new UK prize is being… Read More>>
New Buyers Step Up to Boost Bids for 5 Eagle Hospitality Trust Hotels by $24.8M
Singapore-listed Eagle Hospitality Trust says five of its 15 US hotels in Chapter 11 bankruptcy received qualified bids in a second bidding round, resulting in a $24.8 million net increase in the aggregate consideration for the auctioned properties.
In early… Read More>>
Zuo Hui, Billionaire Founder of Mainland Real Estate Listings Giant Beike, Dies at 50
China’s largest property listings website, Beike, announced that its founder and chairman, Zuo Hui, died Thursday after an unexpected worsening of illness. He was 50 years old.
Zuo, who started Beijing-based property agency Homelink (Lianjia in Chinese) in 2001 and… Read More>>
Mapletree Industrial Trust Buying 29 US Data Centres From Sila Realty for $1.3B
Singapore’s Mapletree Industrial Trust is set to add to its collection of US data centres after entering an agreement to acquire 29 facilities across 18 states for $1.3 billion.
The assets represent the entirety of the data centre portfolio of… Read More>>
Craig Beattie to Succeed Simon Dixon as Hongkong Land Finance Chief
Blue-chip developer Hongkong Land announced Thursday that chief financial officer Simon Dixon is stepping down from his role at the end of August to return to Australia.
Dixon will be succeeded by Craig Beattie, currently chief financial officer of hotel… Read More>>
Shenzhen’s Q1 Volume Surge Helps China Grab Commercial Investment Crown
Shenzhen leapt into the top five APAC metro areas for commercial real estate sales in 2020’s first quarter as China overtook Japan to emerge as the region’s biggest market during the COVID-19 era, according to research by Real Capital Analytics.
Knight Frank Hires Antonio Wu to Lead Greater China Capital Markets
Knight Frank has appointed veteran broker Antonio Wu to the newly created role of head of capital markets for Greater China, effective immediately.
Wu joins Knight Frank from Colliers International, where he spent 21 years and held the title of… Read More>>
Hines to Build Multi-Storey Cold Chain Centre in Greater Seoul
Hines on Tuesday announced the development of Namyang Logistics Center in South Korea, marking the US real estate firm’s second cold storage project in Asia Pacific in the last six months.
The five-storey logistics centre in Hwaseong, a Greater Seoul… Read More>>
Japan’s Multi-Family Market Still Has Room to Run After Banner Year: MTD TV Multi-Family Investment Forum 2021
Japan has been Asia’s top target for institutions shopping for rental residential assets, with much of the country’s appeal owing to… Read More>>
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