Asia real estate and outbound investment news
ESR’s ARA Asset Management has divested its half stake in a Singapore office project to a fund backed by Japanese giant Sumitomo Mitsui Finance and Leasing Company (SMFL) for S$362.4 million ($269.3 million), Mingtiandi has learned.
A fund managed by… Read More>>
ESR on Monday announced the creation of an ASEAN-focused infrastructure fund led by the industrial specialist’s wholly owned subsidiary ARA Asset Management and powered by an anchor investment from mainland policy lender Export-Import Bank of China.
Seeking to capitalise on… Read More>>
Singapore-based RealVantage was named the “Investment Tech of the Year” at the Asia Fintech Awards last week, as the real estate investment startup eyes further expansion under the new leadership of former ARA Asset Management executive Beng Tiong Ng.
Four… Read More>>
The appointment of a new chairman for a troubled mainland real estate marketplace leads today’s roundup of personnel moves from around the region, with Hong Kong-listed JD Logistics also making the list with its selection of a new finance chief…. Read More>>
ARA Asset Management is marketing an office tower in Perth, Australia at an asking price of A$90 million ($65 million) in a bid to exit the nearly filled building as the market begins to rebound following the border reopening, marketing… Read More>>
The UK’s Intermediate Capital Group is expanding its private real estate fund business to Asia Pacific and has hired four former ARA Asset Management executives to lead the initiative as Western investment institutions continue to expand their footprint in the… Read More>>
ARA Asset Management and Chelsfield Asia are officially opening their office project in Singapore’s Bras Basah area this week, with top executives from the two firms confirming that the building now known as Lazada One is the target of offers… Read More>>
A trust managed by Singapore’s ARA Asset Management has sold the Alpharium Tower office building near Seoul for KRW 1.02 trillion ($853 million), nearly doubling its investment in the 2015-vintage asset.
Located in the Pangyo tech hub less than an… Read More>>
ESR has completed its $5.2 billion acquisition of Singapore-based ARA Asset Management, less than three months after the Hong Kong-listed logistics giant’s shareholders overwhelmingly approved the deal.
The enlarged ESR Group, which also encompasses ARA subsidiary Logos, now stands as… Read More>>
In today’s roundup of regional news headlines, embattled China Evergrande seeks a six-month extension for repayment of an onshore bond, a Singapore-listed REIT acquires a set of logistics assets in the UK and the Netherlands, and the biggest-spending sovereign wealth… Read More>>
