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Michelle Yong Aurum3

Aurum Land Picks Up Singapore Site for $49M in First Collective Sale Since ABSD Hike

Michelle Yong Aurum3

2023/05/25 by Christopher Caillavet Leave a Comment

The first collective sale in Singapore since the government hiked buyer stamp duty on home purchases is in the books, with local builder Aurum Land securing a residential site in District 11 with a bid of S$66.8 million ($49.4 million).

… Read More>>

The first collective sale in Singapore since the government hiked buyer stamp duty on home purchases is in the books, … Read more>>>

Villa Ellenbud

PAG’s Chris Gradel Buys Hong Kong Villa for $70M and More Asia Real Estate Headlines

Villa Ellenbud

2023/05/25 by Christopher Caillavet Leave a Comment

In today’s roundup of regional real estate headlines, a key figure at private equity firm PAG snaps up a century-old Hong Kong villa, and Dalian Wanda denies reports that it plans to sell up to 20 malls in China. Also… Read More>>

In today’s roundup of regional real estate headlines, a key figure at private equity firm PAG snaps up a century-old … Read more>>>

Phipps Tower1

Manulife US REIT Proposes Fresh Asset Sale as Debt Limit Looms, Mirae Talks Lapse

Phipps Tower1

2023/05/24 by Beatrice Laforga Leave a Comment

Singapore-listed Manulife US REIT said on Wednesday that it has signed a preliminary deal to sell an Atlanta office asset to its sponsor as its debt level threatens to hit the government’s 50 percent limit.

With the trust’s gearing now… Read More>>

Singapore-listed Manulife US REIT said on Wednesday that it has signed a preliminary deal to sell an Atlanta office … Read more>>>

Stephen Schwarzma of Blackstone

Blackstone’s Lumina CloudInfra Breaks Ground on India Data Centre

Stephen Schwarzma of Blackstone

2023/05/24 by Christopher Caillavet Leave a Comment

Blackstone’s Lumina CloudInfra has begun construction of its first hyperscale data centre campus in India, with the project expected to exceed 60 megawatts of critical IT load.

Lumina said Wednesday that it expected the first phase of the maiden development… Read More>>

Blackstone's Lumina CloudInfra has begun construction of its first hyperscale data centre campus in India, with the … Read more>>>

Pete Briger Fortress

Mubadala to Acquire 70% Stake in Fortress Investment Group From SoftBank

Pete Briger Fortress

2023/05/24 by Christopher Caillavet Leave a Comment

Abu Dhabi’s Mubadala Investment Company is teaming with executives of Fortress Investment Group in a takeover of the US fund manager, having agreed to acquire the 90.01 percent stake in Fortress currently held by Japanese venture investor SoftBank.

“Fortress is… Read More>>

Abu Dhabi’s Mubadala Investment Company is teaming with executives of Fortress Investment Group in a takeover of the US … Read more>>>

Dalian Wanda chairman Wang Jianlin

Wanda Weighs Sale of Top China Malls and More Asia Real Estate Headlines

Dalian Wanda chairman Wang Jianlin

2023/05/24 by Christopher Caillavet Leave a Comment

In today’s roundup of regional headlines, Chinese developer Dalian Wanda reportedly looks to sell 20 malls for about $100 million each, as mainland credit woes help push distressed real estate debt levels to $190 billion globally.  Also in the news,… Read More>>

In today’s roundup of regional headlines, Chinese developer Dalian Wanda reportedly looks to sell 20 malls for about … Read more>>>

Eu Chin Fen FHT Frasers

Frasers Hospitality Teams With Tishman, Alyssa to Buy $126M in China, Japan Apartments

Eu Chin Fen FHT Frasers

2023/05/23 by Christopher Caillavet Leave a Comment

Frasers Hospitality is tying up with Tishman Speyer and Tokyo-based Alyssa Partners to enter Asia’s rental residential sector through separate joint ventures in China and Japan involving S$170 million ($126.4 million) in build-to-rent homes.

The pair of deals will give… Read More>>

Frasers Hospitality is tying up with Tishman Speyer and Tokyo-based Alyssa Partners to enter Asia’s rental residential … Read more>>>

ESR KS REIT, Hines, JLL and IGIS Confident in Face of Korea Shed Tsunami: MTD TV

2023/05/23 by Beatrice Laforga Leave a Comment

https://player.vimeo.com/video/829300917?h=38df1f506cVideo can’t be loaded because JavaScript is disabled: Mingtiandi Asia Logistics Forum 2023: Logistics Investment in Korea (https://player.vimeo.com/video/829300917?h=38df1f506c)

  South Korea’s warehouse market is headed for a challenging year amid a surge in supply and slowing rent… Read More>>

https://player.vimeo.com/video/829300917?h=38df1f506c   South Korea’s warehouse market is headed for a … Read more>>>

Jeffrey Perlman Warburg

ESR Topples GLP to Lead Real Estate Fund Managers in Asia Pacific

Jeffrey Perlman Warburg

2023/05/23 by Christopher Caillavet Leave a Comment

ESR’s M&A growth propelled the Hong Kong-listed firm ahead of arch-rival GLP Capital Partners to claim the top spot in assets under management for Asia Pacific non-listed real estate strategies in 2022, according to data compiled by a group of… Read More>>

ESR’s M&A growth propelled the Hong Kong-listed firm ahead of arch-rival GLP Capital Partners to claim the top spot … Read more>>>

Novaland's NovaWorld Phan Thiet project

Vietnam’s Novaland Delays Second Set of Bonds and More Asia Real Estate Headlines

Novaland's NovaWorld Phan Thiet project

2023/05/23 by Christopher Caillavet Leave a Comment

In today’s roundup of regional headlines, hard-hit Vietnamese developer Novaland delays making payments on a $42 million bond, and Knight Frank predicts a full-year drop in Hong Kong’s lived-in house prices. Also making the news is a stalled project on… Read More>>

In today’s roundup of regional headlines, hard-hit Vietnamese developer Novaland delays making payments on a $42 million … Read more>>>

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