Some of Hong Kong’s top lenders are said to be in talks on the creation of a “bad bank” to mop up non-performing loans, with that report leading today’s headline roundup. Also in the news, Canada’s Alimentation Couche-Tard drops its… Read More>>
Bain, Hana to Finance $438M Korea Stadium Complex and More Asia Real Estate Headlines
Private equity giant Bain Capital joins the financing for a stadium mega-project in South Korea’s Incheon, with that deal leading today’s headline roundup. Also in the news, Hong Kong’s New World Development seeks to sell China assets and a Sing… Read More>>
Centurion Shares Spike as SGX REIT IPO Plan Moves Forward and More Asia Real Estate Headlines
Singapore developer Centurion announces its application for an SGX-listed REIT, with that story leading today’s headline roundup. In other news, Blackstone wins approval to buy a 40 percent stake in an Indian homebuilder and property tycoon Ong Beng Seng prepares… Read More>>
Equinix Completes Malaysia Data Centre and More Asia Real Estate Headlines
Data centre giant Equinix finishes construction of a facility in Malaysia’s Cyberjaya, with that story leading today’s headline roundup. Also in the news, the US central bank leaves a key interest rate unchanged and Chinese actress Zhao Wei’s former Hong… Read More>>
Amara Chairman Leads $392M Privatisation Bid for Singapore Hotel Group
Singapore’s Amara Holdings has received a buyout offer from parties led by the Teo family that controls the company, setting the stage for a deal that would value the SGX-listed hotel owner and operator at S$514.6 million ($391.9 million).
DRC… Read More>>
Asia Real Estate People in the News 2024-06-10
Fresh China leadership for one of North America’s best-known fund managers leads this week’s roundup of personnel moves from Asia’s real estate industry as Bain Capital introduces a new head of its mainland real estate and special situations business. Singapore’s… Read More>>
Singapore Adds Two Residential Sites to Land Sale Plan and More Asia Real Estate Headlines
Authorities in Singapore are ready to keep pouring more homes into the city-state’s housing market with two more sites added to the government land sale plan this week. Also in the news today, UBS predicts another 10 percent drop in… Read More>>
Amara Hotels Could Be Next Real Estate Buyout Target on the SGX
Amara Holdings said on Monday that it is in talks with its controlling shareholders regarding a potential deal, with analysts speculating that the SGX-listed hotel owner and operator could be Singapore’s latest buyout target.
Amara, which saw its stock skyrocket… Read More>>
GIC, Charter Hall Near $1.5B Melbourne Deal and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore’s GIC nears a record-breaking Melbourne office deal alongside Aussie fund manager Charter Hall, SGX-listed Starhill Global REIT posts solid quarterly growth, and time runs short for delinquent firms to file annual reports… Read More>>
Singapore’s Amara Launches First Luxury Hotel in Shanghai
Singapore’s Amara Holdings bought a plot of land in Shanghai’s Puxi district in 1996, and more than two decades later, the property and hospitality group is marking its official debut in China with the launch of a 30-storey luxury hotel… Read More>>