A luxury residential home on Hong Kong’s Shouson Hill sells for $92 million, with that story leading Mingtiandi’s headline roundup today. A Singapore house also makes the news as its sale sets a new benchmark in the good-class bungalow market,… Read More>>
Singapore’s Mapletree Opening Office in Abu Dhabi and More Asia Real Estate Headlines
The growing role of Middle Eastern money in global real estate markets leads today’s list of real estate headlines from around Asia, as Singapore’s Mapletree opens up in Abu Dhabi. Also making the list is India’s Embassy REIT and bargain… Read More>>
Sino-Ocean Reaches $5.6B Debt Restructuring Deal and More Asia Real Estate Headlines
Sino-Ocean Group and its creditors reach a deal to rework the Chinese builder’s $5.6 billion offshore debt, with that story leading Mingtiandi’s headline roundup today. Also making the list, Colt Data Centre Services buys a Mumbai site and a Singapore… Read More>>
Blackstone Net Profit Falls 21% in Q2 on Real Estate Weakness
Blackstone’s net profit fell 21 percent in the second quarter from a year earlier, as underperformance in its real estate business weighed on the firm’s profitability.
The world’s largest alternative asset manager posted quarterly net profit of $948.4 million, sliding… Read More>>
Samsung Eyes $724M Buyback of Seoul Office Tower and More Asia Real Estate Headlines
South Korean multinational Samsung leads Mingtiandi’s headline roundup today, as the company looks to buy back a Seoul office building it once owned. Also making the list, Hong Kong’s SHKP wins a government land tender in the New Territories and… Read More>>
Blackstone, GIP, DigitalBridge Bid for AirTrunk and More Asia Real Estate Headlines
AirTrunk leads today’s Mingtiandi headline roundup as the race heats up to acquire the APAC data centre platform. Also in the news, industrial specialist ESR buys more land for an India project and billionaire Li Ka-shing’s Cheung Kong Center leads… Read More>>
Blackstone Marketing Singapore Worker Housing Portfolio
Blackstone is marketing a portfolio of foreign worker dormitories in Singapore after holding the properties for more than a decade, Mingtiandi has learned.
The private equity giant has appointed Barclays to market the Avery Lodge portfolio, a set of four… Read More>>
Wanda Selling Insurance Unit to Hometown SOE and More Asia Real Estate Headlines
Just over a month after closing on a deal to sell his mall management business, China’s one-time richest man leads Mingtiandi’s headline roundup today with a report that his Dalian Wanda Group will sell its insurance business to a state-backed… Read More>>
China Vanke Selling Off Shenzhen HQ Site at a Loss and More Asia Real Estate Headlines
China Vanke leads Mingtiandi’s headline roundup today as the distressed developer plans to sell an unfinished project in Shenzhen. Also in the news, embattled Country Garden seeks help from a state-backed programme to pay bond interest and Princeton Digital Group… Read More>>
Blackstone in Talks to Buy Adani Tower for Up to $240M and More Asia Real Estate Headlines
Blackstone leads Mingtiandi’s headline roundup today with the private equity giant said to be in talks to acquire a Mumbai office tower from India’s Adani Realty. Also in the news, Microsoft buys land as it looks to expand its India… Read More>>
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