Asia real estate and outbound investment news
CapitaLand Ascendas REIT has agreed to buy a modern warehouse in the state of Indiana from logistics giant DHL for S$150.3 million ($115.8 million), marking CLAR’s second US industrial acquisition to be announced in as many months.
DHL will lease… Read More>>
CapitaLand Ascendas REIT on Friday announced its acquisition of a US logistics project at a total investment cost of S$94.8 million ($70.5 million).
CLAR purchased a land parcel in Summerville, South Carolina, near the southern state’s largest city of Charleston,… Read More>>
Singapore-listed CapitaLand Ascendas REIT reports falling occupancy as the US portfolio sees more unused space, with that story leading today’s headline roundup. Elsewhere in the world of S-REITS, Frasers Centrepoint Trust posts flat distribution per unit and Mapletree Pan Asia… Read More>>
CapitaLand Ascendas REIT has agreed to sell a warehouse in western Singapore to data centre operator GDS International for S$112.8 million ($86.4 million).
The sale price for 21 Jalan Buroh represents a premium to the original purchase price of S$58.4… Read More>>
CapitaLand Ascendas REIT (CLAR)’s net property income increased 3.9 percent year-on-year to S$528.4 million during the first six months of the year, with the trust’s manager attributing the growth to contributions from last year’s acquisitions and newly completed properties.
SGX-listed… Read More>>
The drama around Australia’s Lendlease entered a new chapter this week with the developer’s largest shareholder calling for the speedy departure of the company’s chairman, with that story leading Mingtiandi’s headline roundup. Colonel Sanders also makes the list with Carlyle… Read More>>
Hong Kong developers selling assets leads Mingtiandi’s headline roundup today with Far East Consortium parting with a pair of projects from its northern England holdings. South Korea makes the list with government moves to avert a real estate debt crisis… Read More>>
Struggling to pay its bills globally, WeWork plans to sell its stake in its India business with that story leading Mingtiandi’s headline roundup today. Also making the list is EQT’s India data centre joint venture with Adani, which is close… Read More>>
Singapore’s Keppel reported record earnings for 2023, thanks to the one-off sale of a major subsidiary, with that story leading today’s headline roundup. Also in the news, a pair of SGX-listed REITs report lower payouts and Beijing is providing more… Read More>>
CapitaLand Ascendas REIT (CLAR) is in the process of selling a set of three suburban logistics assets in Brisbane to Sydney-based investment house AsheMorgan for a total of A$73 million ($49.3 million).
The REIT’s manager on Wednesday entered into a… Read More>>
