Swire Properties has acquired a 40 percent interest in a residential development site in central Bangkok for THB 2.4 billion ($73 million), with the Hong Kong-based developer making good on a pledge to beef up its pipeline of projects in… Read More>>
Singapore Hotel Group Acquires Oakwood Serviced Apartments in Bangkok for $30M
Worldwide Hotels Group has acquired a newly completed serviced apartment complex along Bangkok’s Sukhumvit Road for THB 1.1 billion ($30.6 million), adding to a string of Thai hospitality acquisitions by the Singaporean budget hotel investor and operator.
Worldwide Hotels, which… Read More>>
Singapore Apartment Rents Up 31% in One Year and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore apartment rents deliver a hot streak of 21 straight monthly increases, some well-known institutional investors race to buy a stake in an Indian logistics firm, and China Evergrande’s Hong Kong trophy headquarters… Read More>>
Evergrande Makes Early Pay Off for $2.1B in Bonds and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, China’s indebted Evergrande Group announces an early redemption of convertible bonds, Hong Kong loses its lustre with global property investors, and Singapore says it will adjust policies as necessary to keep the real… Read More>>
Mango Halts China Store Openings and More Asia Real Estate Headlines
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>>
CDL Hotel Trust Sells Brisbane Hotel for A$63.5M and More Asia Real Estate Headlines
The coronavirus continued to show its ability to move markets this week as a Singaporean hotel trust sold off one of its Australian assets at a discount and China’s property investment continued to rise in September despite slowing growth in… Read More>>
GIC, TPG Invest Combined $1B in Reliance Retail and More Asia Real Estate Headlines
Singapore was celebrating Children’s Day on Friday but the country’s sovereign wealth fund was still hard at work making a $752 million India retail investment before the weekend, with US private equity firm TPG also putting some cash into the… 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>>
Ex-WeWorker was Paid $2M to Hush Up Sex and Drug Claims and More Asia Real Estate Headlines
Allegations of hedonism and sexual assault lead the way in Mingtiandi’s roundup of Asia real estate headlines today as a former employee of WeWork is said to have been paid $2 million to stay quiet about the drug and sex… Read More>>
Mapletree Buys Brisbane Logistics Site for A$95M and More Asia Real Estate Headlines
A Singapore-listed real estate investment trust leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the REIT has purchased a logistics development site down under for $64 million.
In other news around the… Read More>>