In today’s roundup of regional headlines, CapitaLand India Trust has upped its commitments to India’s office sector and the chairman of HSBC’s largest shareholder calls for the break-up of the global bank. Hong Kong’s falling home prices are also back… Read More>>
Singapore’s URA Launches Residential Tenders and More Asia Real Estate Headlines
The promise of more housing in Singapore’s home-starved market leads today’s real estate news from around the region, while Macau provides a new element of risk for gambling enthusiasts as it locks down an MGM casino. Meanwhile, a pair of… Read More>>
China Mortgage Losses Could Hit $350B and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, China’s property crisis threatens to blow a $350 billion hole in the banking system’s mortgage portfolio, a Hong Kong political figure urges the appointment of Ping An reps to HSBC’s board, and debt-stricken… Read More>>
Ascendas India Trust To Buy Two Industrial Assets in Chennai for $20M
Singapore-listed Ascendas India Trust is making its second industrial investment in India just two months after its sector debut in May, committing around INR 1.56 billion ($20 million) to acquire a pair of facilities in Chennai.
The trustee-manager, Ascendas Property… Read More>>
Ascendas India Trust Targets L&T Assets and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore-listed Ascendas India Trust is reportedly in talks to acquire L&T Realty’s commercial portfolio, Chinese developer Shimao gets permission from creditors for an onshore bond extension, and buyers snap up flats at a… Read More>>
Asia Real Estate People in the News 2022-06-06
New roles for professionals at GIC and Round Hill Capital lead this week’s roundup of personnel moves from around the region, with the Singapore sovereign fund promoting one of its senior real estate executives and the UK private equity firm… Read More>>
Blackstone, KKR Said Bidding for Global Switch and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, data centre firm Global Switch reportedly draws takeover interest from a pair of private equity titans, US property giant Hines picks up a third build-to-rent site in Melbourne, and trading in Chinese developer… Read More>>
Evergrande Bondholders Move Toward Lawsuit and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a group of bondholders reportedly mulls legal action against Evergrande after the surprise disclosure of seized cash at the developer’s services unit, while rival Sunac China is said to be in talks to… Read More>>
Ascendas India Trust Buys Mumbai Tower for $47M and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore-listed Ascendas India Trust picks up a commercial tower in India’s Navi Mumbai, Burberry joins other high-fashion brands in exiting a prestigious Hong Kong shopping strip, and Chinese banks are under pressure from… Read More>>
S&P, Fitch Warn of Fresh Kaisa Crunch and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, developer Kaisa’s Hong Kong-listed shares tumble on fresh warnings from ratings agencies, Singapore’s industrial rents and prices continue to climb in line with the broader economy, and Chinese regulators crack down on vanity… Read More>>