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One Horizon Center

Hines JV Wins $346M Loan for India Office Project and More Asia Real Estate Headlines

One Horizon Center

2020/08/20 by Michael Cole Leave a Comment

Leading today’s real estate news, US developer Hines has won a loan for an office project in northern India, while a Korean REIT buys up 20 floors of a central Seoul high rise.

Also in the headlines, Singapore’s Millennium &… Read More>>

Leading today’s real estate news, US developer Hines has won a loan for an office project in northern India, while a … Read more>>>

guo guangchang

Fosun Set to Lose 20% Cirque du Soleil Stake and More Asia Real Estate Headlines

guo guangchang

2020/08/19 by Michael Cole Leave a Comment

Less than a year after Fosun saw its bet on the UK’s Thomas Cook end up in bankruptcy, the Shanghai-based investment firm is watching another bet on leisure spending head down the drain as creditors of Cirque du Soleil prepare… Read More>>

Less than a year after Fosun saw its bet on the UK’s Thomas Cook end up in bankruptcy, the Shanghai-based investment … Read more>>>

trent iliffe

Logos Enters Vietnam with $350M Logistics Development JV

trent iliffe

2020/08/19 by Michael Cole Leave a Comment

Logistics development specialist Logos Property has entered the Vietnam market with a $350 million joint venture with an unnamed global institutional investor, according to an announcement by the Sydney-based firm today.

The ARA Asset Management-backed warehouse builder and fund manager,… Read More>>

Logistics development specialist Logos Property has entered the Vietnam market with a $350 million joint venture with an … Read more>>>

Samsung Hub Singapore

Singapore’s Sun Venture Tries for Record Office Price as Market Rebounds

Samsung Hub Singapore

2020/08/19 by Jonathan Burgos Leave a Comment

Singapore-based Sun Venture is aiming for a record price for a set of strata floors in the city’s urban core as investor demand returns to the financial hub.

The investment manager has put up for sale floors nine and 10… Read More>>

Singapore-based Sun Venture is aiming for a record price for a set of strata floors in the city’s urban core as investor … Read more>>>

David Harrison Charter Hall

Singapore’s GIC, Charter Hall Investing A$682M for Aussie Convenience Store Stake

David Harrison Charter Hall

2020/08/18 by Jonathan Burgos Leave a Comment

Singapore’s sovereign wealth fund has partnered with Australian property group Charter Hall to buy a 49 percent stake in a portfolio of convenience stores operated by Ampol, Australia’s biggest oil refiner, for A$682 million ($488.9 million).

Ampol, formerly Caltex Australia,… Read More>>

Singapore’s sovereign wealth fund has partnered with Australian property group Charter Hall to buy a 49 percent stake in … Read more>>>

stan tang hong kong

Hong Kong’s Billionaire Shop King Sued for HK$12M in Back Rent

stan tang hong kong

2020/08/18 by Elizabeth Utley Leave a Comment

Tang Shing-Bor, known in Hong Kong as the “Shop King” has hit a patch of legal trouble after failing to pay more than HK$12 million ($1.5 million) in rent, according to local news reports.

The owners of a building at… Read More>>

Tang Shing-Bor, known in Hong Kong as the “Shop King” has hit a patch of legal trouble after failing to pay more than … Read more>>>

KK Fung JLL

Big Data, Cloud Computing in Demand as Proptech Takes Off in China, Says JLL

KK Fung JLL

2020/08/18 by Mingtiandi Team Leave a Comment

Growing cooperation between real estate companies and technology firms is boosting adoption of technology in China’s property sector as demand grows for big data, cloud computing and Internet of Things solutions, according to a report published today by JLL.

A… Read More>>

Growing cooperation between real estate companies and technology firms is boosting adoption of technology in China’s … Read more>>>

xu jiayin

Evergrande Shares Plunge as Income Drops 46% and More Asia Real Estate Headlines

xu jiayin

2020/08/18 by Michael Cole Leave a Comment

Soon after announcing a spin-off plan that could bring in $3 billion, China Evergrande Real Estate released a profit warning on Monday that could keep the finances of the indebted developer on edge after net income dropped to just RMB… Read More>>

Soon after announcing a spin-off plan that could bring in $3 billion, China Evergrande Real Estate released a profit … Read more>>>

Rushabh Desai, CEO Allianz Real Estate Asia Pacific

Allianz Buying Tokyo Apartment Portfolio for $160M

Rushabh Desai, CEO Allianz Real Estate Asia Pacific

2020/08/17 by Michael Cole Leave a Comment

Allianz Real Estate announced today that it has agreed to spend $160 million to add to its portfolio of Japanese apartments on behalf of its APREAP Core 1 Fund.

The property investment unit of the European insurance giant is acquiring… Read More>>

Allianz Real Estate announced today that it has agreed to spend $160 million to add to its portfolio of Japanese … Read more>>>

Jeremy Deutsch Equinix

Equinix Spent $252M Buying Singapore, India Data Centres Last Week

Jeremy Deutsch Equinix

2020/08/17 by Michael Cole Leave a Comment

As demand for cloud services heats up in Asian markets, data centre developer and operator Equinix has struck a deal to purchase a server facility in Singapore, just days after purchasing a pair of similar properties in India.

In Singapore,… Read More>>

As demand for cloud services heats up in Asian markets, data centre developer and operator Equinix has struck a deal to … Read more>>>

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MTD TV

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