British asset management giant Schroders has sold a 15-storey office tower in Hong Kong’s Mong Kok area for HK$350 million ($44.8 … Read more>>
BentallGreenOak Buying Landmark Osaka Hotel for Reported $385M
North American fund manager BentallGreenOak is acquiring a landmark hotel in Osaka, Japan, for an undisclosed price believed to be at least JPY 50 billion ($385 million), as a rebound in cross-border travel strengthens interest in the country’s hospitality sector.
North American fund manager BentallGreenOak is acquiring a landmark hotel in Osaka, Japan, for an undisclosed price … Read more>>>
Singapore Trade Union Buys Six Shophouses on Serangoon Road For $48M
A union affiliated with Singapore’s National Trades Union Congress (NTUC) has purchased a block of six shophouses along Serangoon Road for S$62.5 million ($47.65 million), according to public records seen by Mingtiandi.
The row of two-storey freehold properties at 322-332… Read More>>
A union affiliated with Singapore’s National Trades Union Congress (NTUC) has purchased a block of six shophouses along … Read more>>>
Ronshine China Holdings Defaults on $420M Offshore Bond
Mainland developer Ronshine China Holdings has defaulted on a $420 million offshore bond, offering a fresh sign that the debt crisis in Asia’s biggest real estate market is far from over.
The Singapore-listed notes, issued in July 2019, carry a… Read More>>
Mainland developer Ronshine China Holdings has defaulted on a $420 million offshore bond, offering a fresh sign that the … Read more>>>
Japan’s Ichigo Office REIT Picks Up Two Fukuoka Office Buildings for $48M
Japanese property and infrastructure company Ichigo Inc. is reshuffling its real estate portfolio, with one of its sponsored funds selling two office buildings to a Tokyo Stock Exchange-listed REIT under its management for a total of JPY 6.25 billion ($48… Read More>>
Japanese property and infrastructure company Ichigo Inc. is reshuffling its real estate portfolio, with one of its … Read more>>>
Singapore’s Straits Trading Lists Bond Backed by Tokenised Townhouse on SDAX
Singapore’s Straits Trading has tokenised a corporate bond linked to a landed home in the city’s posh District 10 through which it can raise up to S$7 million ($5.32 million), marking the conglomerate’s first fractionalised real estate-linked asset listed on… Read More>>
Singapore’s Straits Trading has tokenised a corporate bond linked to a landed home in the city’s posh District 10 … Read more>>>
China Oceanwide Sued by Mainland Bank Over $1B in Loan Guarantees
China Oceanwide Holdings has fallen foul of China Minsheng Bank, which is suing the cash-strapped builder and its former chairman, Lu Zhiqiang, over a RMB 7 billion ($1 billion) loan dispute centred on the developer’s 88-storey office tower in downtown… Read More>>
China Oceanwide Holdings has fallen foul of China Minsheng Bank, which is suing the cash-strapped builder and its former … Read more>>>
Office Floor in Singapore’s Chinatown Point Sold For $13M
An office floor in a commercial block within Singapore’s Chinatown area has changed hands for S$17.38 million ($13.2 million) as investors continue snap up bite-sized opportunities in the city’s office market.
Inter-premium Corporation, a Singapore-registered real estate firm, sold the… Read More>>
An office floor in a commercial block within Singapore’s Chinatown area has changed hands for S$17.38 million ($13.2 … Read more>>>
Switzerland’s Volare Group Makes Offer for Additional 10% of Sabana REIT
Volare Group has made an offer to acquire a 10 percent stake in Sabana Industrial REIT, a deal that would build on the Swiss conglomerate’s current 5.4 percent interest in the Singapore-listed trust.
Volare, whose business lines include real estate,… Read More>>
Volare Group has made an offer to acquire a 10 percent stake in Sabana Industrial REIT, a deal that would build on the … Read more>>>
Viva Land Marketing Singapore Assets at 10% Off After Vietnam Fraud Arrests
After setting Singapore price records with its purchases of an office tower and a five-star hotel along Robinson Road, Viva Land is seeking to unload both assets for around S$670 million ($506.7 million), according to market sources.
The urgent sale… Read More>>
After setting Singapore price records with its purchases of an office tower and a five-star hotel along Robinson Road, … Read more>>>
Wanda’s Wang Jianlin Pledges 65% Stake in Hotel Unit to Secure Temasek Loan
Dalian Wanda Group’s billionaire chairman, Wang Jianlin, has pledged his entire 65 percent stake in the Chinese conglomerate’s hotel division as collateral to secure a loan for another Wanda subsidiary from Singaporean state holding firm Temasek.
Companies controlled by Temasek… Read More>>
Dalian Wanda Group’s billionaire chairman, Wang Jianlin, has pledged his entire 65 percent stake in the Chinese … Read more>>>
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