Hongkong Land has been leasing out a few more floors in its Exchange Square complex, and the blue-chip developer’s head of commercial property is sounding confident that top corporates will want to stay in the core of the world’s most… Read More>>
Asia Real Estate People in the News 2021-06-07
A board seat for an Asia real estate research veteran leads Mingtiandi’s collection of personnel news this week as UK developer Grosvenor recognises a fast-rising member of its team. There are also promotions in Hong Kong at consultancy Colliers International… 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) acquisition of a shopping mall in Guangzhou.
Link REIT announced late Friday that it was… Read More>>
CDL Files for £500M London Office REIT and More Asia Real Estate Headlines
After a series of woeful headlines linked to its mainland China investments,, Singapore’s City Developments Ltd is back in the news today with a report that it has filed to list a set of London office properties on the SGX,… 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 set of five mainland malls from joint ventures invested by the Abu Dhabi Investment Authority (ADIA) for $1.4… Read More>>
Singapore’s GIC to Open Office in Australia
Singapore’s sovereign wealth fund has become one of the biggest foreign investors in Australia, thanks to acquisitions of offices, warehouses and other assets, and now it plans to set up a permanent presence in the country as it looks for… Read More>>
Asia Real Estate People in the News 2021-05-31
Beike has moved quickly to name new leadership following the death of its founder earlier this month, and news of the company’s new boss takes the top spot in Mingtiandi’s collection of people moves this week. In Singapore, local brokerage… Read More>>
AXA IM Spends $38.6M to Add to Japanese Multi-Family Portfolio
French financial services giant AXA is moving farther afield in search of yield in Japan’s rental residential sector, with the company announcing this week that it has acquired a pair of apartment towers in the city of Sendai.
AXA IM… Read More>>
CDL Said Exploring $891M Sale of Seoul Hotel and More Asia Real Estate Headlines
The trials of one of Singapore’s largest developers are leading Mingtiandi’s headline roundup again today as local media in South Korea report that the company is in talks to sell the Millennium Hilton Hotel in Seoul for nearly $900 million.
UOL Tops 14 Competing Offers with $287M Bid for Central Singapore Site
A real estate developer controlled by the family behind United Overseas Bank has placed the top bid for a residential site overlooking a set of parks in central Singapore, edging out 14 other contestants including a joint offer by City… Read More>>
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