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ARA US Hospitality Trust Buys Trio of Texas, North Carolina Hotels for $84.5M

2019/11/07 by James Hatton Leave a Comment

ARA US Hospitality Trust has agreed to acquire a 390-key trio of select-service hotels in the US for $84.5 million, just six months after the trust raised $498 million in its debut on the Singapore stock exchange.

The trust has… Read More>>

Darshan Hiranandani

Asia Real Estate People in the News 2019-07-22 

2019/07/22 by James Hatton Leave a Comment

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>>

Cromwell E-REIT Closes €80M French Office Buy and More Asia Real Estate Headlines 

2019/07/21 by James Hatton Leave a Comment

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>>

Mark Ebbinghaus ARA

ARA Takes Aim at European Assets with Launch of UK Joint Venture

2019/07/10 by James Hatton Leave a Comment

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>>

Francis Choi

Hong Kong’s Toy King Buys Up Remaining Half of Sydney Tower for A$300M

2019/07/03 by Jan Kot Leave a Comment

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>>

suntec-reit-Chong-Kee-Hiong

ARA’s Suntec REIT Agrees to Buy Sydney Office Project for A$297M

2019/07/02 by Michael Cole Leave a Comment

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>>

Li Ka-shing

Li Ka-Shing’s Fortune REIT to De-list from SGX and More Asia Real Estate Headlines

2019/06/20 by James Hatton Leave a Comment

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.

… Read More>>

alvin loo ara asset management

ARA Teams Up with CICC Capital to Buy Chengdu Mall From Tishman Speyer Fund

2019/05/28 by Michael Cole Leave a Comment

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>>

John Lim ARA Asset Management

ARA Launches $451M Singapore IPO of US Hotel REIT

2019/05/02 by Michael Cole Leave a Comment

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>>

John Lim ARA

ARA Plans $720M Singapore Listing of US Hotels and More Asia Real Estate Headlines

2019/04/27 by Michael Cole Leave a Comment

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>>

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