In this edition of our news roundup, Ascendas REIT sets its sights on an Australian logistics property as its next holding, Keppel Land prepares to divest itself of a London office building, and Swire announces a collaboration with Sino-Ocean on… Read More>>
Ascendas REIT Buying Sydney Office Park for $218M
Ascendas REIT has added a fifth Australian office park asset to its portfolio, as the Singapore-listed trust bets on continued demand for suburban commercial assets in the wake of the COVID-19 pandemic.
Ascendas Funds Management, which manages the $9.7 billion… Read More>>
Korea’s NPS Acquires $2B US Logistics Portfolio and More Asia Real Estate Headlines
In our latest roundup of regional news headlines, Korea’s National Pension Service has added to its growing stockpile of overseas real estate assets by teaming up with a US private equity firm in the purchase of an American logistics portfolio.
Ascendas REIT Buying US Office Assets for $560M and More Asia Real Estate Headlines
Leading today’s roundup of regional news headlines, Singapore’s biggest business space REIT is raising cash to buy a pair of San Francisco office assets for $560 million.
Also in the news, India’s Prestige Group agrees to sell a hefty portfolio… Read More>>
Ascendas REIT Buys Sydney Office Project From Frasers JV for A$167.2M
Singapore’s Ascendas REIT is picking up an office project in suburban Sydney, marking the second acquisition by an SGX-listed trust in the Macquarie Park area in less than a week.
The REIT managed by Singapore’s CapitaLand has agreed to purchase… Read More>>
Changi Chairman Steps Down in Maid Abuse Scandal and More Asia Real Estate Headlines
A modern rendition of Shakespeare in Singapore reached a new stage this week when a prince of the Temasek realm finally relinquished his titles as an investigation progresses into possible false theft complaints against a domestic servant, with both Changi… Read More>>
Singapore’s Marina Bay Sands Sinks to S$113M Q2 Loss and More Asia Real Estate Headlines
The impact of the coronavirus is becoming clearer this week as companies around the region declare earnings, with Singapore’s best-known casino dropping to a loss and the Bangkok residential market losing 27 percent of its value.
On a more positive… Read More>>
Ascendas REIT Buys Sydney Logistics Project for S$21M and More Asia Real Estate Headlines
The latest investment in Australia by a Singapore-listed fund leads today’s collection of real estate headlines here on Mingtiandi, as Ascendas REIT adds a new logistics project to its Aussie portfolio.
Also in the news, as its… Read More>>
Ascendas REIT Buys Out Mitsui Stake in SG Business Park for S$103M
Ascendas Real Estate Investment Trust has acquired a 25 percent ownership interest in a Singapore business park for S$102.91 million ($72 million), after buying out the company’s Japanese development partner, according to an announcement by the SGX-listed REIT.
The manager… Read More>>
Ascendas REIT to Acquire 30 US and SG Biz Park Assets From CapitaLand for S$1.66B
Ascendas Real Estate Investment Trust has entered into agreements to acquire a portfolio of 30 business park assets in the US and Singapore for S$1.66 billion ($1.22 billion) from its controlling unitholder CapitaLand.
Under the terms of the proposed deal,… Read More>>