Asia real estate and outbound investment news
In this week’s edition of People in the News, Indian billionaire property tycoon Niranjan Hiranandani has decided to pass on the baton to his 36-year-old son, Darshan Hiranandani, naming him as the group chief executive officer of Hiranandani Group.
In… Read More>>
The country of love leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a Singapore-listed real estate investment trust has finalised the acquisition of three offices in France for €80 million, part of… Read More>>
Warburg Pincus-backed ARA Asset Management has set up its first ever direct fund management platform in Europe, according to a company announcement earlier this month.
The Singapore-based real estate fund manager has joined with London-based Dunedin Property Asset Management to… Read More>>
Hong Kong’s King of Toys, Francis Choi, has acquired full ownership of a prime office building in North Sydney after buying out the remaining 50 percent of the asset for A$300 million ($210 million), according to an announcement to the… Read More>>
Singapore-listed real estate investment trust Suntec REIT has agreed to acquire its fourth Australian commercial property, an office project in the Sydney tech hub of Pyrmont, for A$297 million ($208 million), according to an announcement to the stock exchange.
The… Read More>>
The Superman of Hong Kong’s property world leads the way in Mingtiandi’s roundup of Asia headlines today with the news that a REIT managed by an affiliate of the billionaire’s CK Asset Holdings is de-listing from the Singapore stock exchange.
After selling a pair of mainland commercial properties late last year for a combined RMB 5.56 billion, Singapore’s ARA Asset Management this month entered into a joint venture to buy a Chengdu retail property from a Tishman Speyer-managed fund.
For… Read More>>
ARA Asset Management announced today that it has registered the initial public offering prospectus for ARA US Hospitality Trust, kicking off a $451 million listing for the hotel investment vehicle in Singapore.
The public offer, which began on Thursday night… Read More>>
A surge of Singapore stories leads the real estate news from around the region today, leading with one of the city’s largest real estate fund managers’ plans for a $720 million hospitality trust.
And investors in the Southeast Asian financial… Read More>>
Warburg Pincus-backed ARA Asset Management announced on Friday that it had acquired a commercial block in the central business district of Brisbane for a reported A$96.5 million ($68.8 million), in the latest in a series of big-ticket investments down under… Read More>>
