In today’s roundup of regional news headlines, Moody’s reports that Singapore homeowners are using more of their income to service mortgages, Hong Kong’s URA invites dozens of developers to a Sai Ying Pun project tender, and SGX-listed Keppel REIT posts… Read More>>
Softbank’s Fortress Targets Department Stores and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a Softbank-owned investment firm is reportedly seeking to buy Japanese department store Sogo & Seibu, an acquisition deal for Singapore’s Sime Darby Business Centre collapses, and the fate of a crypto investor’s luxury… Read More>>
Evergrande Wins 6-Month Credit Reprieve and More Asia Real Estate Headlines
China Evergrande is back in the headlines today as the notoriously distressed developer wins some extra time from domestic creditors. Also in the news, Bain Capital is making a debt investment in a Delhi developer, and AIMS APAC REIT is… Read More>>
Hong Kong Home Price Decline Slowed in March and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Hong Kong’s sagging home prices stabilised in March as the latest COVID wave ebbed, beleaguered mainland developer China Evergrande plans a sales blitz for the long May Day holiday, and Singapore industrial rents… Read More>>
AIMS APAC REIT Buying Woolworths Sydney Headquarters for $335M
Singapore-listed AIMS APAC REIT has agreed to acquire the Sydney headquarters of retailer Woolworths for A$463.3 million ($335.4 million), as the industrial-focused trust continues to branch out into business parks.
Consisting of three interconnected buildings, the Woolworths corporate campus is… Read More>>
AIMS APAC REIT Names New CEO as Sydney Office Deal Looms
Singapore-listed AIMS APAC REIT (AA REIT) announced the appointment of Russell Ng as the new chief executive of the industrial-focused trust last week.
Ng’s appointment came amid the trust’s strong performance in the quarter that ended 30 June, with a… Read More>>
Hines Grabs Melbourne Site for Build-To-Rent Project and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, US developer Hines buys a Melbourne site for its first rental apartment project in Australia, Hong Kong’s Henderson Land aims to increase home supply after a fruitful first half, and a report highlights… Read More>>
Asia Real Estate People in the News 2021-08-21
New leadership for one of Southeast Asia’s data centre pioneers takes the top spot in our roundup of real estate personnel moves from around the region this week, as Keppel Data Centres names a new chief investment officer.
Also making… Read More>>
AA REIT to Buy Sime Darby Singapore Car Dealership Building for $77M
SGX-listed AIMS APAC REIT on Wednesday announced plans to acquire Sime Darby Business Centre on the western fringe of Singapore’s urban core for S$102 million ($76.6 million) as part of a sale-leaseback deal.
Consisting of a five-storey light industrial building… Read More>>
AA REIT Completes $94M Singapore Industrial Buy and More Asia Real Estate Headlines
Warehouses lead Mingtiandi’s first headline roundup of the week with a Singapore-listed REIT closing on its purchase an industrial asset in the city’s Jurong area after agreeing to buy the property during August.
Also, in the news is a… Read More>>