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Fintech City Chennai

Tishman Speyer India JV Picks Up Chennai Site and More Asia Real Estate Headlines

Fintech City Chennai

2024/08/13 by Michael Cole Leave a Comment

Manhattan-based Tishman Speyer sets up an Indian joint venture to acquire land for an office project in Chennai, with that story leading Mingtiandi’s headline roundup today. Also in the news, SGX-listed developer OUE swings to a first-half loss and Singaporean… Read More>>

Manhattan-based Tishman Speyer sets up an Indian joint venture to acquire land for an office project in Chennai, with … Read more>>>

Ho Bee Land chief executive Nicholas Chua

Brunei Sovereign Fund Buys Stake in Ho Bee Singapore Life Sciences Complex for $205M

Ho Bee Land chief executive Nicholas Chua

2024/08/12 by Michael Cole Leave a Comment

Singapore’s commercial real estate is showing signs of a pulse this month with developer Ho Bee Land announcing early Monday that it has agreed to sell a 49 percent stake in a life science complex in the city-state’s One North… Read More>>

Singapore’s commercial real estate is showing signs of a pulse this month with developer Ho Bee Land announcing early … Read more>>>

Li Sze Lim of R&F Properties 1 (Getty Images)

China’s Guangzhou R&F Defaults on $4.53B in Offshore Bonds

Li Sze Lim of R&F Properties 1 (Getty Images)

2024/08/12 by Michael Cole Leave a Comment

A builder once ranked among China’s largest developers has fallen still further into distress with Guangzhou R&F Properties announcing on Sunday that it has failed to make interest payments on offshore bonds worth a total of $4.53 billion.

The developer… Read More>>

A builder once ranked among China’s largest developers has fallen still further into distress with Guangzhou R&F … Read more>>>

Stan Tang Stan Group

Stan Group Hotel Up for Sale as Student Housing Conversion in Kowloon

Stan Tang Stan Group

2024/08/12 by Michael Cole Leave a Comment

A hotel in Hong Kong’s Mong Kok area is being marketed as a student housing investment for private buyers as the city’s hospitality market flounders and higher-end rental housing players stay on the sidelines.

Hotel Ease – Mong Kok is… Read More>>

A hotel in Hong Kong’s Mong Kok area is being marketed as a student housing investment for private buyers as the city’s … Read more>>>

nexus shantiniketan in bangalore

Blackstone Cashes in India REIT Shares for $542M and More Asia Real Estate Headlines

nexus shantiniketan in bangalore

2024/08/12 by Michael Cole Leave a Comment

Some profit-taking in India leads today’s collection of real estate headlines from around Asia, as Blackstone more halves its stake in Nexus Select Trust. Also making the list is set of good news for mainland developers as a pair of… Read More>>

Some profit-taking in India leads today’s collection of real estate headlines from around Asia, as Blackstone more … Read more>>>

Zhao Xuejun Harvest

Asia Real Estate People in the News 2024-08-10

Zhao Xuejun Harvest

2024/08/12 by Michael Cole Leave a Comment

A disappearing mainland executive leads this week’s roundup of personnel moves around Asia’s real estate industry, as Harvest Fund Management says its chairman has been caught up in an investigation. Also making the list is a retirement at a Hong… Read More>>

A disappearing mainland executive leads this week’s roundup of personnel moves around Asia’s real estate industry, as … Read more>>>

Wheelock Ricky Wong

Wheelock Clinches $93M Buy of South Hong Kong Island Building at Forced Auction

Wheelock Ricky Wong

2024/08/11 by Christopher Caillavet Leave a Comment

Wheelock Properties has acquired an industrial building in Hong Kong’s Wong Chuk Hang area for HK$728 million ($93.4 million), more than two years after applying for a compulsory sale of the ageing property.

The purchase of the Ha Lung Industrial… Read More>>

Wheelock Properties has acquired an industrial building in Hong Kong’s Wong Chuk Hang area for HK$728 million ($93.4 … Read more>>>

Stuart Crow JLL

APAC Real Estate Investment Reaches $27B in Third Straight Quarter of Growth: JLL

Stuart Crow JLL

2024/08/11 by Christopher Caillavet Leave a Comment

Commercial real estate investment in Asia Pacific rose 2 percent year-on-year in the second quarter of 2024 to hit $27.3 billion, marking a third straight quarter of growth, according to JLL.

First-half investment volume totalled $57.5 billion, up 7 percent… Read More>>

Commercial real estate investment in Asia Pacific rose 2 percent year-on-year in the second quarter of 2024 to hit $27.3 … Read more>>>

A Wanda Mall in Nanchang

China’s Wanda Finalising Deal to Pay Investors and More Asia Real Estate Headlines

A Wanda Mall in Nanchang

2024/08/09 by Michael Cole Leave a Comment

Dalian Wanda is nearing an agreement that could help the troubled developer pay some of its pre-IPO investors, with that story leading Mingtiandi’s headline roundup today. Also making the list, a local executive is named as the buyer of three… Read More>>

Dalian Wanda is nearing an agreement that could help the troubled developer pay some of its pre-IPO investors, with that … Read more>>>

Scape CFO Tim Peel (Image: Scape)

Australia’s Scape Raises $2B in Debt as Student Housing Market Surges

Scape CFO Tim Peel (Image: Scape)

2024/08/08 by Kevin He Leave a Comment

Australia’s largest owner and operator of student housing Scape has closed on A$3 billion ($2 billion) in fresh debt financing, with part of the offering nearly three times oversubscribed amid growing appetite for purpose-built student accommodation (PBSA) in the country.

… Read More>>

Australia’s largest owner and operator of student housing Scape has closed on A$3 billion ($2 billion) in fresh debt … Read more>>>

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