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Tripp Gantt, Manulife US REIT

Manulife US REIT Sells Oregon Office Park for $33.5M as Talks With Mirae Continue

Tripp Gantt, Manulife US REIT

2023/04/12 by Christopher Caillavet Leave a Comment

Singapore-listed Manulife US REIT has sold a three-building office park in Oregon for $33.5 million as it remains in ongoing discussions with South Korea’s Mirae Asset Global Investments on a potential sale of a stake in the trust’s manager.

The… Read More>>

Singapore-listed Manulife US REIT has sold a three-building office park in Oregon for $33.5 million as it remains in … Read more>>>

Shenton House

Singapore’s Shenton House Fails to Receive a Bid and More Asia Real Estate Headlines

Shenton House

2023/04/12 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, the en bloc tender of central Singapore’s Shenton House closes without a bid, while two more residential sites in the city-state’s Lentor area are released for sale by the government.

Shenton House Sale… Read More>>

In today’s roundup of regional news headlines, the en bloc tender of central Singapore’s Shenton House closes without a … Read more>>>

Lian Beng chairman Ong Pang Aik

Chairman’s Family Offers to Buy Out Lian Beng in Latest Singapore Privatisation Bid

Lian Beng chairman Ong Pang Aik

2023/04/12 by Christopher Caillavet Leave a Comment

Lian Beng Group has joined the procession of Singapore-listed developers in line to be taken private by their controlling shareholders, with the Ong family on Tuesday announcing a voluntary unconditional cash offer of S$0.62 per share for the builder.

The… Read More>>

Lian Beng Group has joined the procession of Singapore-listed developers in line to be taken private by their … Read more>>>

Stephen Schwarzman Blackstone

Blackstone Hits $30.4B Final Close for Global Real Estate Fund

Stephen Schwarzman Blackstone

2023/04/11 by Michael Cole Leave a Comment

Blackstone has raised $30.4 billion for its Blackstone Real Estate Partners X fund, making it the largest closed-end investment vehicle ever in the real estate or private equity sectors, the company announced on Tuesday.

The final close for the tenth… Read More>>

Blackstone has raised $30.4 billion for its Blackstone Real Estate Partners X fund, making it the largest closed-end … Read more>>>

Liu Lit Chi Liu Chong Hing

Hong Kong’s Liu Chong Hing Investment Buys London Commercial Building for $55M

Liu Lit Chi Liu Chong Hing

2023/04/11 by Christopher Caillavet Leave a Comment

Liu Chong Hing Investment has acquired a commercial building in London’s West End for £44 million ($54.7 million), as the Hong Kong-based firm takes advantage of a market slowdown to pick up its first real estate asset in the UK.

… Read More>>

Liu Chong Hing Investment has acquired a commercial building in London’s West End for £44 million ($54.7 million), as … Read more>>>

26 Chin Bee Drive Singapore

ARA-Kenedix JV Buys Iron Mountain Warehouse in Singapore’s Jurong West For $35M

26 Chin Bee Drive Singapore

2023/04/11 by Beatrice Laforga Leave a Comment

After starting March with an investment in Singapore’s Lazada One office building, ESR’s ARA Asset Management teamed up with its Japanese joint venture, Kenedix, for a second time last month to acquire an industrial building in the city-state’s Jurong West… Read More>>

After starting March with an investment in Singapore’s Lazada One office building, ESR’s ARA Asset Management teamed up … Read more>>>

Kaisa Group Holdings Limited Chairman and Executive Director Kwok Ying-shing at the Kaisa Group Holdings Limited Annual Results Announcement 2016 Press Conference at the The Landmark Mandarin Oriental in Central

Shenzhen’s Kaisa Loses $147M Nam Tai Lawsuit in Latest Legal Blow

Kaisa Group Holdings Limited Chairman and Executive Director Kwok Ying-shing at the Kaisa Group Holdings Limited Annual Results Announcement 2016 Press Conference at the The Landmark Mandarin Oriental in Central

2023/04/11 by Christopher Caillavet Leave a Comment

The owners of China’s Nam Tai Property have scored a victory in their legal battle against Shenzhen-based builder Kaisa Group Holdings, with a Hong Kong arbitrator dismissing Kaisa’s $146.9 million claim against Nam Tai over a disputed private placement.

The… Read More>>

The owners of China’s Nam Tai Property have scored a victory in their legal battle against Shenzhen-based builder Kaisa … Read more>>>

Empyrion DC Gangnam

Empyrion Clinches Financing for Seoul Data Centre and More Asia Real Estate Headlines

Empyrion DC Gangnam

2023/04/11 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Singapore’s Empyrion DC bags a loan to fund its first Korean data centre project, and a Vietnam drinks tycoon is the latest to be snared in the country’s graft crackdown.

… Read More>>

In today’s roundup of regional news headlines, Singapore’s Empyrion DC bags a loan to fund its first Korean data centre … Read more>>>

KKR JMF Taito Site

KKR Japan REIT Adds to Tokyo Apartment Pipeline With $33M Acquisition

KKR JMF Taito Site

2023/04/10 by Christopher Caillavet Leave a Comment

One of the busiest global investors in Japan real estate is adding another asset to its portfolio, as KKR’s Tokyo-listed REIT has agreed to acquire an under-construction apartment building in the capital city’s Taito ward for JPY 4.32 billion ($33… Read More>>

One of the busiest global investors in Japan real estate is adding another asset to its portfolio, as KKR’s Tokyo-listed … Read more>>>

NEX Mercatus

Singapore Investment Deals Down 61% From Year Ago as Buyers Turn Cautious

NEX Mercatus

2023/04/10 by Christopher Caillavet Leave a Comment

Investment transactions in Singapore’s real estate market fell 61 percent in the first quarter compared with a year ago, falling to just S$4.2 billion (now $3.2 billion) in the three-month period, according to a report by Knight Frank.

The first-quarter… Read More>>

Investment transactions in Singapore’s real estate market fell 61 percent in the first quarter compared with a year ago, … Read more>>>

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