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George Hongchoy - Link

Link REIT Buying Guangzhou Mall for $501M

George Hongchoy - Link

2021/06/05 by Michael Cole Leave a Comment

Asia’s largest real estate investment trust has made its second major bet on mainland China retail this year with the RMB 3.2 billion ($501 million) acquisition of a shopping mall in Guangzhou.

Link REIT announced late Friday that it was… Read More>>

Asia’s largest real estate investment trust has made its second major bet on mainland China retail this year with the … Read more>>>

sherman kwek CDL

CDL Files for Singapore REIT IPO of London Commercial Assets

sherman kwek CDL

2021/06/05 by Christopher Caillavet Leave a Comment

SGX-listed City Developments Ltd on Friday said it had applied for an initial public offering of a real estate investment trust that will own commercial assets located in the UK.

The official statement confirmed rumours that had been building for… Read More>>

SGX-listed City Developments Ltd on Friday said it had applied for an initial public offering of a real estate … Read more>>>

GIC to Acquire Minority Stake in $733M Phoenix Mills India Portfolio

2021/06/05 by Christopher Caillavet Leave a Comment

Indian mall developer Phoenix Mills has secured a second deal with a deep-pocketed global investor in less than a week, this time entering into a strategic partnership with Singapore’s GIC.

The sovereign wealth fund will acquire “a significant minority stake”… Read More>>

Indian mall developer Phoenix Mills has secured a second deal with a deep-pocketed global investor in less than a week, … Read more>>>

Ascendas REIT Selling 3 Aussie Assets for A$125M and More Asia Real Estate Headlines

2021/06/05 by Danat Krairiksh Leave a Comment

In today’s roundup of regional news headlines, SGX-listed Ascendas REIT disposes of three industrial assets Down Under, Kaisa boss Kwok Ying-Shing officially takes over at Hong Kong’s Sing Tao News, and South Korea’s Shinhan REITs is set to buy an… Read More>>

In today’s roundup of regional news headlines, SGX-listed Ascendas REIT disposes of three industrial assets Down Under, … Read more>>>

Bob-Tan-2

Ascott REIT Sells Shanghai Somerset for $160M, Buys 3 Japan Properties

Bob-Tan-2

2021/06/03 by Christopher Caillavet Leave a Comment

Singapore-listed Ascott Residence Trust (ART) has completed the divestment of a Shanghai serviced apartment building and will use some of the proceeds to acquire three higher-yielding residential properties in Japan’s fifth-largest city, Sapporo.

The REIT sponsored by property giant CapitaLand… Read More>>

Singapore-listed Ascott Residence Trust (ART) has completed the divestment of a Shanghai serviced apartment building and … Read more>>>

Alex Barnes, head of office leasing advisory at JLL in Hong Kong

Office Vacancy in Hong Kong’s Central Hits 7.5% as Rents Dip Further

Alex Barnes, head of office leasing advisory at JLL in Hong Kong

2021/06/03 by Christopher Caillavet Leave a Comment

Office vacancy in Hong Kong’s Central district edged up to 7.5 percent in April from 7.3 percent a month earlier as overall rents in the city drifted lower, according to a report released recently by JLL.

An overall net withdrawal… Read More>>

Office vacancy in Hong Kong’s Central district edged up to 7.5 percent in April from 7.3 percent a month earlier as … Read more>>>

hsbc-building-london

CDL Files for £500M London Office REIT and More Asia Real Estate Headlines

hsbc-building-london

2021/06/03 by Michael Cole Leave a Comment

After a series of woeful headlines linked to its mainland China investments,, Singapore’s City Developments Ltd is back in the news today with a report that it has filed to list a set of London office properties on the SGX,… Read More>>

After a series of woeful headlines linked to its mainland China investments,, Singapore’s City Developments Ltd is back … Read more>>>

Stuart Mercier, Managing Director, Real Estate, Head of China, Brookfield Asset Management

Brookfield Buying Pradera China Mall Portfolio From ADIA, Macquarie for $1.4B

Stuart Mercier, Managing Director, Real Estate, Head of China, Brookfield Asset Management

2021/06/02 by Michael Cole Leave a Comment

Canada’s Brookfield Asset Management has made China’s biggest retail real estate acquisition since the dawn of the COVID-19 pandemic by purchasing a set of five mainland malls from joint ventures invested by the Abu Dhabi Investment Authority (ADIA) for $1.4… Read More>>

Canada’s Brookfield Asset Management has made China’s biggest retail real estate acquisition since the dawn of the … Read more>>>

Benett Theseira PGIM

PGIM Real Estate Buying New Ease China Logistics Projects for $323M

Benett Theseira PGIM

2021/06/02 by Christopher Caillavet Leave a Comment

PGIM Real Estate on Wednesday announced a pair of logistics real estate investments in China that see it spending $323 million to acquire warehouse projects from Warburg Pincus-backed developer New Ease.

The real estate arm of fund manager PGIM, a… Read More>>

PGIM Real Estate on Wednesday announced a pair of logistics real estate investments in China that see it spending $323 … Read more>>>

Doubletree by Hilton Salt Lake City Airport

EHT Gets Court Nod to Sell 14 Hotels for $481.9M and More Asia Real Estate Headlines

Doubletree by Hilton Salt Lake City Airport

2021/06/02 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, 14 hotel properties in Singapore’s Eagle Hospitality Trust clear another hurdle towards completion of their sale, while an EHT unitholder denies claims that he benefited from funds taken out of an EHT unit.

… Read More>>

In today’s roundup of regional news headlines, 14 hotel properties in Singapore’s Eagle Hospitality Trust clear another … Read more>>>

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