Asia real estate and outbound investment news
Beijing-based Dalian Wanda Group is discovering yet again that Hollywood is a tough town, as its last remaining overseas trophy warned US financial regulators that it could run out of cash this year.
With attendance down 85 percent this year… Read More>>
Suntec REIT last week became the latest Singaporean investor to buy into a UK commercial property this year, with the ARA Asset Management-driven trust picking up a half-stake in a two building complex for £430.6 million ($560 million), according to… Read More>>
China’s surge of overseas real estate acquisitions of the past decade continues to reap negative returns for the country’s developers with the merely unprofitable now giving way to a million dollar fine in one Los Angeles case.
A unit of… Read More>>
Singapore’s Ascendas REIT is picking up an office project in suburban Sydney, marking the second acquisition by an SGX-listed trust in the Macquarie Park area in less than a week.
The REIT managed by Singapore’s CapitaLand has agreed to purchase… Read More>>
The manager of Singapore’s Keppel REIT announced today that it has agreed to acquire an office building in suburban Sydney for S$306 million ($223 million), adding a sixth Australian commercial asset to its portfolio.
The SGX-listed trust is acquiring a… Read More>>
The Trump administration’s failure to contain the coronavirus has claimed another victim this week, and this one is located in one of America’s most esteemed medical institutions.
The Mayo Clinic announced today that its joint venture with Singapore’s Pontic Land… Read More>>
Singapore’s Straits Trading has revived the island nation’s romance with UK real estate with an announcement late yesterday that it had purchased a business park near London for approximately £76.7 million ($101 million) in cash.
The SGX-listed investment firm purchased… Read More>>
Dalian Wanda Group last week announced that it had agreed to sell its 90 percent stake in a Chicago property project for $270 million, closing out the last of an overseas property portfolio that once included projects in the US,… Read More>>
Link REIT has moved forward with its first acquisition in the western hemisphere as the Hong Kong-listed real estate investment trust today announced a deal to purchase 25 Cabot Square in London for £371.4 million ($475 million).
Asia’s largest REIT… Read More>>
OUE Limited, the Singapore-based property developer controlled by Indonesian conglomerate Lippo Group, said Friday that it has agreed to sell the iconic US Bank Tower in Los Angeles for $430 million.
The SGX-listed developer is selling the property to USBT… Read More>>
