Creditors of defaulting shared office provider WeWork are now fighting over control of the company as it enters restructuring, with that story leading Mingtiandi’s headline roundup today. Also making the cut is a “final adjournment” of China Evergrande’s liquidation hearing… Read More>>
CapitaLand Ascendas REIT has completed the acquisition of a co-location data centre northwest of London for £125.1 million ($159.6 million), marking the Singapore-listed trust’s fifth server-hosting facility in the United Kingdom.
The purchase consideration took into account an agreed value… Read More>>
A cash crunch for China’s largest home-builder leads today’s roundup of real estate headlines from around the region as Country Garden struggles with a slowing housing market. Also in the news, Hong Kong homeowners are getting motivated to sell and… Read More>>
In today’s roundup of regional headlines, fresh research sounds alarm bells over an ageing population’s impact on the Hong Kong housing supply, and Far East Consortium hits practical completion on Melbourne project. Also in the news, China’s home price growth… Read More>>
CapitaLand Ascendas REIT has agreed to acquire an R&D and business park property used by data storage firm Seagate in Singapore’s One North district for S$218.2 million ($163.2 million).
The 2015-vintage building at 26 Ayer Rajah Crescent serves as Seagate’s… Read More>>
The manager of CapitaLand Ascendas REIT has agreed to sell an industrial building in Singapore’s Toa Payoh area to the family office of a foreign investor, in a deal that values the asset at three times its acquisition value nine… Read More>>
In today’s roundup of regional news headlines, electronics giant Philips concludes the previously announced sale of its APAC headquarters, Singaporeans rankle at rising housing costs, and Twitter walks away from its Asia HQ.
Philips Completes $76M Sale… Read More>>
Mainland China’s developer credit crisis dominates the news again today after Shanghai-based CIFI Holdings announced that it will enter restructuring and Greenland Group said it will seek an extension on an offshore bond. Also, getting some virtual ink is a… Read More>>
Singapore-listed CapitaLand Ascendas REIT plans to convert one of its California office buildings into a life science property after fully leasing the asset to a US pharmaceutical company.
The trust formerly known as Ascendas REIT will equip the San Diego… Read More>>
In today’s roundup of regional news headlines, shares of China Vanke’s property management spin-off Onewo tumble more than 7 percent in their first day of Hong Kong trading, and the Bank of China readies the sale of its former building… Read More>>