Asia real estate and outbound investment news
Ascendas REIT has made its second foray into the US industrial market, with the Singapore-listed trust agreeing to acquire a portfolio of seven Chicago-area logistics properties for S$133.2 million ($99 million).
The seven assets span 132,344 square metres (over 1.4… Read More>>
The development arm of CapitaLand Group is partnering with a REIT from its own stable in a S$883 million ($653 million) redevelopment set to triple the size of a commercial project in Singapore Science Park, according to a release late… Read More>>
In today’s roundup of regional news headlines, the restructuring scheme for failed Chinese conglomerate HNA hits a snag in Australia, Singapore’s Keppel Capital plans to convert a Seoul hotel into an office building, and logistics developer Goodman raises its full-year… Read More>>
Investors in Chinese developer bonds (and perhaps a few of the developer bosses) went home happier on Friday as reports emerged that China Evergrande has arranged funds to avoid default on a set of US dollar notes, and that story… Read More>>
China’s ongoing credit crunch dominates the real estate news today as developer Sinic Holdings Group has become the latest mainland builder to default on offshore bonds.
The debt contagion may have also spread to Shanghai-based Shimao Group, which sent its… Read More>>
In today’s roundup of regional news headlines, Hong Kong’s Shui On Land reportedly selects UBS and Morgan Stanley to lead its Xintiandi subsidiary’s IPO, Singapore-listed Cromwell E-REIT picks up a logistics asset in England, and China turns to ration coupons… Read More>>
In today’s roundup of regional news headlines, Singapore and Facebook combine forces to solve the riddle of sustainable data centres, ESR closes on its purchase of the Milestone logistics portfolio from Blackstone, and Hong Kong-listed Link REIT’s annual payout inches… Read More>>
In today’s roundup of regional news headlines, SGX-listed Ascendas REIT disposes of three industrial assets Down Under, Kaisa boss Kwok Ying-Shing officially takes over at Hong Kong’s Sing Tao News, and South Korea’s Shinhan REITs is set to buy an… Read More>>
Showing continued faith in demand for Singapore office space among corporate giants, Ascendas REIT has agreed to buy the 75 percent stake in a top-end business park property held by its sponsor, and partner in the project, CapitaLand.
The SGX-listed… Read More>>
Singapore’s Ascendas REIT is stepping up its server-hosting portfolio in a big way with the acquisition of 11 data centres across the UK and continental Europe.
The SGX-listed trust has agreed to acquire the 11-asset portfolio from subsidiaries of US-based… Read More>>
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