Country Garden’s Yang Huiyan and family will bag $50 million in dividends from a stake in the Chinese developer’s services arm, with that story leading Mingtiandi’s headline roundup today. UBS is also making news as it plans to take more… Read More>>
Brookfield Adds Melbourne Project as Third Aussie Student Housing Development
Brookfield Asset Management is taking on its third student housing project in Australia after international student enrolment in the country last year surpassed pre-pandemic peaks by 4 percent.
Brookfield on 4 March lodged a development application with the City of… Read More>>
Asia Real Estate People in the News 2024-03-18
The world’s largest pension fund manager leads this week’s round of personnel moves from around Asia’s real estate industry, with Japan GPIF said to be ready to hand an extension to its CIO. Top level moves for Canada’s CDPQ in… Read More>>
Brookfield Said in Talks to Sell Seoul Hotel to ARA Korea and More Asia Real Estate Headlines
Brookfield is said to have moved into late-stage negotiations with ESR’s ARA Korea unit for the sale of its Conrad Seoul hotel, with that story leading Mingtiandi’s roundup of headlines from around the region today. Also in the news, China… Read More>>
UOL Awarded Singapore Orchard Boulevard Site and More Asia Real Estate Headlines
A luxury residential tender in Singapore leads today’s roundup of headlines from around the region, with UOL Group winning a site on Orchard Boulevard for $319 million. Also in the news, Brookfield is said to be taking some cash out… Read More>>
Alok Aggarwal Joins Brookfield India REIT Board to Replace Anuj Ranjan
Fresh off a record-breaking fourth-quarter report for Brookfield India REIT, the trust’s manager announced some key personnel moves last week.
The REIT’s CEO, Alok Aggarwal, has joined the manager’s board of directors in the capacity of executive director, according to… Read More>>
Brookfield India REIT Net Property Income Surges 89% in Q4 on Record Leasing
Brookfield India Real Estate Trust (BIRET) saw its net operating income for the fourth quarter jump by 89 percent from the same period a year earlier to reach INR 45.3 billion ($550 million) on record levels of new leasing.
BIRET… Read More>>
GCP Sells 12 Logistics Assets in Brazil to Brookfield, BTG Pactual for $300M
GLP Capital Partners on Wednesday announced the sale of 12 logistics assets in Brazil via two separate transactions totalling $300 million, with a source identifying the buyers as Brookfield Asset Management and BTG Pactual.
The properties span 642,000 square metres… Read More>>
Central Tokyo Condo Prices Hit All-Time Highs and More Asia Real Estate Headlines
Tokyo leads Asia’s real estate headlines today with news that home prices in the Japanese capital’s central areas have reached record highs. Also making the list is Xinhua deleting a report about China’s CIC taking over the country’s major bad-asset… Read More>>
China Home Prices Fall Most Since 2015 and More Asia Real Estate Headlines
China home prices fell the most in nearly nine years during December, with that story leading today’s roundup of headlines from around the region. Also making the list, Country Garden has appointed KPMG as principal financial advisor on the developer’s… Read More>>
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