A joint venture between Mapletree Investments and Mapletree Industrial Trust has agreed to acquire a portfolio of 13 data centres in North America from Digital Realty for $1.37 billion according to a joint announcement by the companies, as the ever-expanding… Read More>>
Keppel DC REIT Beefs Up SG Bit Barn Portfolio with S$585M Pair of Deals
Keppel DC REIT is set to acquire a pair of Singapore data centres in a pair of transactions totalling S$585.1 million ($426 million), according to an announcement by the manager of the Singapore-listed real estate investment trust.
The Singapore-listed data… Read More>>
Hmlet Targets Australia with Sydney Co-living Tie-up
Just weeks after opening its largest property ever in Singapore, co-living operator Hmlet has announced its first multi-asset deal in Australia with Sydney-based developer Revelop.
The Hmlet-Revelop deal comprises two converted residential properties in central Sydney and another pair of… Read More>>
The Executive Centre Calls Off $750M Sale Amid Hong Kong Unrest
Just days before final bids were due to be received in a proposed sale of The Executive Centre, the shareholders of the Hong Kong-based shared office provider have halted the sale, according to a statement received by Mingtiand from the… Read More>>
Jack Ma Fund Joins $300M Rental Housing Investment and More Asia Real Estate Headlines
A Shanghai-based apartment rental platform leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the company has raised $300 million from investors including a private equity firm founded by the soon-to-be-retiring… Read More>>
Colliers Brokers S$402M Sale of SG Project to Li Ka-shing’s CK Asset and More Agency Wins Mingtiandi Broker Battle
A successful collective sale in Singapore leads this edition of Mingtiandi’s roundup of agency wins with Colliers’ having brokered the $291 million sale of an apartment block in District 10 to an entity linked to Hong Kong billionaire Li Ka-shing’s… Read More>>
Asia Real Estate People in the News 2019-09-09
In this week’s edition of People in the News, the CEO of a mainland China conglomerate’s sports and media arm has resigned for personal reasons, just over a month after the company scored an IPO own goal.
In other moves… Read More>>
Co-Founder of Hong Kong’s Campfire Leads HK$170M Community Mall Purchase
A co-founder of Hong Kong shared space firm Campfire has teamed up with a former executive of Hong Kong-based developer Sunlink to buy a suburban community mall in the New Territories that has stood empty for over ten years.
The… Read More>>
Oxley Offers Podium of Singapore’s Chevron House for S$475M
Just four months after Oxley Holdings agreed to sell 30 Raffles Place in Singapore’s central business district to AEW for S$1.025 billion ($740 million), the Singapore-based company has moved to find a buyer for the building’s retail and office podium… Read More>>
Hilton Sells Japan Resort to Mori JV for $119M
Hilton Worldwide has sold the Hilton Odawara Resort and Spa in Japan to a joint venture between Mori Trust and Mori Trust Hotel REIT for $119 million, according to data supplied by Real Capital Analytics.
The REIT and the Tokyo-based… Read More>>
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