In today’s roundup of regional news headlines, Eagle Hospitality Trust completes the disposal of its remaining non-auctioned Chapter 11 hotels, debt-stricken developer Evergrande makes good on its $1.8 billion offshore bond, and Hong Kong home prices rise for a fifth… Read More>>
Singapore-listed Ascott Residence Trust has returned to the US for a second helping of Southern hospitality, joining forces with sister firm The Ascott Ltd to invest in and develop a Columbia, South Carolina student housing project for an expected $109.9… Read More>>
Singapore-listed Ascott Residence Trust (ART) has completed the divestment of a Shanghai serviced apartment building and will use some of the proceeds to acquire three higher-yielding residential properties in Japan’s fifth-largest city, Sapporo.
The REIT sponsored by property giant CapitaLand… Read More>>
In today’s roundup of regional news headlines, Chinese officials go after apartment listings giant Beike over alleged anti-competitive practices, global investors bid up a half-stake in a Sydney office tower to pre-COVID levels, and CDL’s chairman says the Singaporean government… Read More>>
In our latest roundup of regional news headlines, Singapore’s ARA Asset Management buys out the manager of China’s Dasin Retail Trust, JD.com reportedly gets the go-ahead for its logistics unit’s IPO, and private equity titan Blackstone looks to offload some… Read More>>
Hong Kong’s best known bank has just lost its top investment banker covering the real estate sector, according to local news reports, and that setback leads our collection of personnel moves around the region this week. Beyond banking, Apple has… Read More>>
Shaking off some downbeat financial results, Singapore-listed Ascott Residence Trust on Wednesday announced its maiden foray into the US student housing market with the acquisition of a mid-rise Atlanta property for $95 million.
The transaction, expected to be completed this… Read More>>
In today’s look at real estate news around the region, a Spanish fashion brand has more bad news for mall and shop owners, as it confirms plans to shift growth to online shopping this year.
Also in the news, the… Read More>>
One of Hong Kong’s best-known developers leads the news today with Swire Properties having confirmed that it has sold a pair of office buildings in downtown Miami despite the city being wracked by the COVID-19 pandemic.
Back on the shores… Read More>>
Ascott Residence Trust said Monday it has agreed to sell the Ascott Guangzhou and the Citadines Didot Montparnasse Paris serviced apartments for S$191.4 million ($138.8 million) as the Singapore-listed real estate investment trust seeks to monetize assets despite the COVID-19… Read More>>