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China Housing (Getty Images)

Goldman Says China Property Sector Needs $2.1T in Aid and More Asia Real Estate Headlines 

China Housing (Getty Images)

2024/04/16 by Michael Cole Leave a Comment

More gloom for China’s property market leads Mingtiandi’s roundup of real estate news from around the region again today as a top US investment bank estimates the sector may need $2.1 trillion in government support. Also in the headlines, HSBC’s… Read More>>

More gloom for China’s property market leads Mingtiandi's roundup of real estate news from around the region again today … Read more>>>

Seung Youn Kim, Chairman

Korea Deal Streak Continues as Hanwha Sells Gangnam Office Building for $242M

Seung Youn Kim, Chairman

2024/04/15 by Michael Cole Leave a Comment

Korea’s Hanwha Asset Management has sold an office tower in Seoul’s Gangnam business district for $242 million as the Korean capital continues to rank among Asia’s regional hotspots for commercial property transactions.

The Seoul-based investment manager agreed last month to… Read More>>

Korea’s Hanwha Asset Management has sold an office tower in Seoul’s Gangnam business district for $242 million as the … Read more>>>

John Pattar of KKR

KKR Sells Coupang Warehouse Near Seoul to Korea’s IGIS for Over $366M

John Pattar of KKR

2024/04/15 by Poonyapat Luenam Leave a Comment

KKR has sold a recently completed Seoul-area warehouse leased to Korea’s largest e-commerce player for a reported KRW 500 billion ($366.4 million), as online shopping continues to gain traction in the northern Asian country.

The US private equity giant sold… Read More>>

KKR has sold a recently completed Seoul-area warehouse leased to Korea’s largest e-commerce player for a reported KRW … Read more>>>

GuocoLand-Hong Leong Lentor JV Leads Singapore Home Sales Rebound in March

2024/04/15 by Beatrice Laforga Leave a Comment

New private home sales in Singapore climbed 46 percent year-on-year to 718 units in March, snapping two months of decline as a new project by GuocoLand and Hong Leong Holdings accounted for nearly 57 percent of the monthly total.

Lentor… Read More>>

New private home sales in Singapore climbed 46 percent year-on-year to 718 units in March, snapping two months of … Read more>>>

Temasek Expands European Presence with Paris Office and More Asia Real Estate Headlines

2024/04/15 by Ponrath Sopannarath Leave a Comment

Singapore’s growing interest in continental Europe leads today’s real estate headlines from around Asia as Temasek Holdings opens in Paris. Also in the news, the Lion City’s Elite Commercial REIT is rebranding and expanding its investment focus and India’s K… Read More>>

Singapore’s growing interest in continental Europe leads today’s real estate headlines from around Asia as Temasek … Read more>>>

Choi Jae-joon goldman

Asia Real Estate People in the News 2024-04-15

Choi Jae-joon goldman

2024/04/15 by Michael Cole Leave a Comment

New leadership for a top investment bank’s Korea business leads this week’s collection of real estate headlines from around Asia Pacific, with DWS also making the list with an Aussie upgrade. Back in the US, Lone Star names a new… Read More>>

New leadership for a top investment bank’s Korea business leads this week’s collection of real estate headlines from … Read more>>>

Du Shuanghua

Mainland Investor Du Shuanghua Backs Out of Singapore’s Biggest Property Deal of 2023 

Du Shuanghua

2024/04/14 by Beatrice Laforga Leave a Comment

Chinese-backed investor Bright Ruby Resources has walked away from the largest property deal signed in Singapore during 2023, cancelling its planned S$908 million ($668 million) purchase of a shopping mall on Orchard Road after failing to win government approval to… Read More>>

Chinese-backed investor Bright Ruby Resources has walked away from the largest property deal signed in Singapore during … Read more>>>

ESR-Logos REIT chief executive Adrian Chui

ESR-Logos REIT Selling Melbourne Shed to Australia’s Fife Capital for $43M

ESR-Logos REIT chief executive Adrian Chui

2024/04/13 by Beatrice Laforga Leave a Comment

ESR-Logos REIT is selling a logistics facility outside Melbourne, Australia to alternative asset manager Fife Capital for A$65.5 million ($42.75 million), as the Singapore-listed trust continues to sell down peripheral assets.

The trust’s manager on Wednesday announced that it has… Read More>>

ESR-Logos REIT is selling a logistics facility outside Melbourne, Australia to alternative asset manager Fife Capital … Read more>>>

Hiew Yoon Khong of Mapletree

Mapletree Buys $1.3B European Student Housing Portfolio From Cuscaden Peak

Hiew Yoon Khong of Mapletree

2024/04/12 by Michael Cole Leave a Comment

Singapore’s Mapletree Investments continues to expand its global portfolio of student housing with the unit of Temasek Holdings announcing on Friday that it has acquired 31 purpose-built student accommodation (PBSA) assets in Europe from its compatriots at Cuscaden Peak Investments.

… Read More>>

Singapore’s Mapletree Investments continues to expand its global portfolio of student housing with the unit of Temasek … Read more>>>

Tony Lombardo, global CEO of Lendlease

Lendlease Gets Fresh Backing to Avoid Restructuring and More Asia Real Estate Headlines

Tony Lombardo, global CEO of Lendlease

2024/04/12 by Ponrath Sopannarath Leave a Comment

Australia’s Lendlease leads Mingtiandi’s look at real estate headlines from around the region today as the developer gets some fresh investment amid challenges to its management plans. Also in the news, regional data centre platform NextDC plans to raise cash… Read More>>

Australia’s Lendlease leads Mingtiandi’s look at real estate headlines from around the region today as the developer … Read more>>>

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MTD TV

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