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>>
Singapore Inc Acquired RMB 2.33 Bil in China Real Estate Last Week
It was a busy week in China for Singapore’s government linked property companies, as both CapitaMalls Asia and Ascendas’ A-REIT announced real estate acquisitions totalling RMB 2.33 billion.
CapitaMalls Asia, which is part of the CapitaLand Group, announced on Monday… Read More>>
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