Singapore’s Ascendas REIT is making its first investment in Europe, buying 12 logistics assets in the UK for £207 million ($272 million). The purchase of 2.6 million square feet (241,000 square metres) of prime logistics space adds to more than… Read More>>
ARA Hires Chia Nam Toon as Assistant CEO
ARA Asset Management has appointed Chia Nam Toon as its new assistant chief executive officer effective from the beginning of this month, according to an announcement from the property investment firm. Chia is responsible for overseeing the operation of the… Read More>>
Ascendas REIT Buys Brisbane Office for A$106M and More Asia Real Estate Headlines
Asia’s real estate investors continue to go global in this holiday edition of Mingtiandi’s headline roundup, as a pair of Singapore listed trusts get active in sunny Brisbane, while another investment group from the city state shows up in Amsterdam… Read More>>
Ascendas REIT Picks Up Brisbane Office Tower for $67M
Singapore-listed Ascendas REIT (A-REIT) has bought a 14-storey office tower on the outskirts of Brisbane for A$83.83 million ($66.6 million), marking the trust’s second acquisition of an office property in Australia.
The office deal in Brisbane, capital of the state… Read More>>
Asia Real Estate People in the News 2017-08-06
Many of Asia’s top real estate executives are on the road visiting friends, family and exotic vacation spots in August, but almost as many appear to be migrated to new jobs during the traditional vacation season. This week we find… Read More>>
SG Private Home Sales Surged 82% in March and More Asia Real Estate Headlines
Property fever leads the headlines region-wide today, as even some of Asia’s once dormant markets sprung to new levels of activity in March. After a long slump post-stamp duty, sales of private homes in Singapore jumped 82 percent last month… Read More>>
Ascendas REIT Now Singapore’s Biggest and More Asia Real Estate Headlines
Leading today’s headlines, Singapore has a new leader in its REIT race as investors bid up the value of Ascendas’ listed trust. Back in China, Vanke takes another look at rental housing and the mainland’s investment market has now surpassed… Read More>>
Ascendas REIT Exits China With Sale of Shanghai Biz Park To Vanke For $163.5M
China Vanke is now the proud owner of a Shanghai business park after agreeing to purchase A-REIT City@Jinqiao from Ascendas Real Estate Investment Trust for S$228.1 million ($163.5 million). The purchase will see the real estate investment trust controlled by… Read More>>
Goodman Buys Shanghai Logistics Center From A-REIT for $19M
Singapore-listed Ascendas REIT is selling a logistics center just outside Shanghai to Goodman Group as the Australian industrial developer expands its China portfolio. Ascendas REIT, also known as A-REIT, said in a filing to the Singapore Stock Exchange last week… Read More>>
Dalian Wanda Boosts HK Buyout Offer to $4.4B and More Greater China Real Estate Headlines
China’s richest man has upped his offer to buy back the Hong Kong-listed shares in Dalian Wanda Commercial property, plus Hong Kong home priced bounced back in April while credit agencies sound warnings over recent mainland site pricing and the… Read More>>
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