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Orchard Towers

Singapore Church Pays $40M to Resurrect Former Orchard Towers Nightclubs

Orchard Towers

2025/02/01 by Mingtiandi Team Leave a Comment

The Singapore government has set out plans to rejuvenate the city’s Orchard Road commercial strip, and an evangelical church is now contributing to that effort by giving one of the city’s most notorious night spots a chance to be born… Read More>>

The Singapore government has set out plans to rejuvenate the city’s Orchard Road commercial strip, and an evangelical … Read more>>>

Tony Lombardo, global CEO of Lendlease

Lendlease Selling Capella Infrastructure Unit to Japan’s Sojitz for $146M

Tony Lombardo, global CEO of Lendlease

2025/02/01 by Christopher Caillavet Leave a Comment

Lendlease has agreed to sell its Capella Capital infrastructure arm to Japan’s Sojitz Corporation for A$235 million ($146 million), as the Australian real estate group continues to dispose of non-core lines as part of a business overhaul.

The sale will… Read More>>

Lendlease has agreed to sell its Capella Capital infrastructure arm to Japan’s Sojitz Corporation for A$235 million … Read more>>>

Yasuhiro Ogawa, CEO of Samty Holdings

Hillhouse Completes Buyout of Japan’s Samty as Developer Delists

Yasuhiro Ogawa, CEO of Samty Holdings

2025/01/30 by Christopher Caillavet Leave a Comment

Shareholders of Samty Holdings have approved a $1.1 billion buyout by Hillhouse Investment Management and its Rava Partners real estate unit, with the Japanese developer’s shares having delisted from the Tokyo Stock Exchange on Thursday.

More than 19 million Samty… Read More>>

Shareholders of Samty Holdings have approved a $1.1 billion buyout by Hillhouse Investment Management and its Rava … Read more>>>

Henry Bott Swire

Swire Seeks Buyer for Miami Supertall Office Project After Pre-Leasing Struggle

Henry Bott Swire

2025/01/30 by Christopher Caillavet Leave a Comment

After denying that a landmark Miami project was for sale last May, Swire Properties is bowing to lacklustre pre-leasing demand and seeking a buyer for the office development planned as the city’s tallest skyscraper upon completion.

The Hong Kong builder… Read More>>

After denying that a landmark Miami project was for sale last May, Swire Properties is bowing to lacklustre pre-leasing … Read more>>>

Mindspace Business Parks REIT chief executive Ramesh Nair (Image: K Raheja)

India’s Mindspace REIT Buys Slice of Qualcomm’s Hyderabad Home for $240M

Mindspace Business Parks REIT chief executive Ramesh Nair (Image: K Raheja)

2025/01/30 by Bianca Cuaresma Leave a Comment

India’s Mindspace Business Parks REIT is set to pay INR 20.38 billion ($240 million) to acquire two-thirds of a Hyderabad office building, in a deal which will make the capital of Telangana state its largest market by area.

In an… Read More>>

India’s Mindspace Business Parks REIT is set to pay INR 20.38 billion ($240 million) to acquire two-thirds of a … Read more>>>

Ankur Gupta, managing partner and head of Asia Pacific real estate at Brookfield

Brookfield Buys LaSalle Stake in Tokyo Commercial Complex as Part of $1.6B Deal

Ankur Gupta, managing partner and head of Asia Pacific real estate at Brookfield

2025/01/28 by Mingtiandi Team Leave a Comment

Brookfield Asset Management has acquired a stake in a Tokyo commercial complex, and a Nagoya logistics project, for a total of $1.6 billion, according to a statement this week, as the Canadian giant raises its bets on Asia’s second-largest economy.

… Read More>>

Brookfield Asset Management has acquired a stake in a Tokyo commercial complex, and a Nagoya logistics project, for a … Read more>>>

China Vanke president and CEO Zhu Jiusheng (Getty Images)

China Vanke Warns of $6.2B Loss, Elevates Role of Shenzhen Metro Boss as CEO Exits

China Vanke president and CEO Zhu Jiusheng (Getty Images)

2025/01/28 by Christopher Caillavet Leave a Comment

China Vanke on Monday warned of an attributable net loss of RMB 45 billion ($6.2 billion) for 2024 and announced the resignation and departure of president and CEO Zhu Jiusheng, whose reported arrest earlier this month had signalled a change… Read More>>

China Vanke on Monday warned of an attributable net loss of RMB 45 billion ($6.2 billion) for 2024 and announced the … Read more>>>

Suchad Chiaranussati, SC Capital Partners

SC Capital’s Japan Hotel REIT Buying Fukuoka Hilton From Mizuho Leasing for $420M

Suchad Chiaranussati, SC Capital Partners

2025/01/27 by Christopher Caillavet Leave a Comment

Japan Hotel REIT, the hospitality trust managed by Singapore-based SC Capital Partners, has agreed to buy the Hilton Fukuoka Sea Hawk from Mizuho Leasing for JPY 64.4 billion ($420 million), confirming Mingtiandi reporting from last year.

The Mizuho affiliate, which… Read More>>

Japan Hotel REIT, the hospitality trust managed by Singapore-based SC Capital Partners, has agreed to buy the Hilton … Read more>>>

Serena Teo Capitaland

Capitaland Ascott Trust 2H 2024 Payout Falls 7% Despite Revenue Uptick

Serena Teo Capitaland

2025/01/27 by Bianca Cuaresma Leave a Comment

CapitaLand Ascott Trust’s (CLAS) unitholders earned 7 percent less from their securities in the second half of 2024, as foreign exchange losses and higher interest rates weighed on returns, despite higher revenue.

The Singapore-listed hospitality trust’s distribution per stapled security… Read More>>

CapitaLand Ascott Trust’s (CLAS) unitholders earned 7 percent less from their securities in the second half of 2024, as … Read more>>>

Jiangsu Friend Phase III

ESR Completes $290M China REIT IPO as Shanghai-Listed Units Begin Trading

Jiangsu Friend Phase III

2025/01/25 by Christopher Caillavet Leave a Comment

More than two years after unveiling plans for a mainland-listed China logistics REIT, ESR announced the successful Shanghai IPO of the three-asset trust on Friday with the group having raised more than RMB 2.1 billion ($290 million) from the initial… Read More>>

More than two years after unveiling plans for a mainland-listed China logistics REIT, ESR announced the successful … Read more>>>

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