After the Shanghai office market saw rents slide by an estimated 7 percent last year in the face of the COVID-19 pandemic and a glut of new buildings, leasing rates in the city’s core areas began inching upwards again in… Read More>>
Blackstone Wins $500M From Korea’s NPS and More Asia Real Estate Headlines
Blackstone is back in the news today as a story about the US private equity giant winning a $500 million investment from Korea’s National Pension Service leads today’s collection of headlines from around the region.
Also in… Read More>>
Giordano to Close Six More HK Shops Amid $112M Loss and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Hong Kong retailer Giordano plans to close six stores in the city after reporting a full-year loss, JD.com’s shares slide on fears of overstretched logistics spending, and China Evergrande’s chairman looks beyond his… Read More>>
Ascendas India Trust Buying Amazon-Leased Hyderabad Offices for $70M
Ascendas India Trust on Tuesday announced that it has agreed to purchase an office building in Hyderabad, India leased almost entirely to online giant Amazon as the CapitaLand-managed REIT continues to build its tech space portfolio on the subcontinent.
The… Read More>>
Korea’s JR AMC Aims to Add Amazon Logistics Asset and More Asia Real Estate Headlines
Sheds lead today’s real estate news from around Asia again today as a Korean asset manager closes in a purchase of an Amazon fulfillment centre in Ohio.
South Korean investors may also get a chance to invest… Read More>>
Amazon Asks India Court to Jail Erstwhile Partner and More Asia Real Estate Headlines
In the latest edition of Mingtiandi’s news roundup, Amazon escalates its Indian legal dispute with a call to jail a local business partner, serviced apartment operators in Hong Kong slash rents by as much as half, and China’s property sector… Read More>>
Evergrande Services IPO Said to Raise $1.8B and More Asia Real Estate Headlines
In today’s edition of Mingtiandi’s regional news roundup, Hong Kong-listed Evergrande’s property services spin-off reportedly raises $1.8 billion from its IPO, property developer China Overseas Land & Investment acquires a Zhuhai plot for a record amount, and South Korea’s Hana… Read More>>
Vanke Sues US Partner Over Struggling NYC Project and More Asia Real Estate Headlines
In Mingtiandi’s latest roundup of regional news headlines, a legal dispute between Chinese developer Vanke and its New York-based partner heats up, JD.com’s logistics arm reportedly mulls an IPO targeting a $40 billion valuation, and the Delhi High Court… Read More>>
Amazon Loses Battle With India Retail Partner and More Asia Real Estate Headlines
In today’s roundup of news headlines from around Asia, Amazon loses its bid to block a deal involving a business partner in India, heavily indebted China Evergrande reportedly secures a financial lifeline from state-linked companies, and ESR’s South Korean REIT… Read More>>
CapitaLand to Triple China New Economy Assets and More Asia Real Estate Headlines
In our latest roundup of regional news headlines, giant Singapore developer CapitaLand plans stepped-up investment in properties serving China’s fast growing tech sector, e-commerce behemoth Amazon eyes a 30 percent stake in a Korean peer, and Airbnb takes a major… Read More>>