A Singapore government company which holds interests in CapitaLand, Keppel and Mapletree is pondering a new corporate structure, with that story leading today’s look at news from around the region. Also in the headlines, Swire Properties plans to launch its… Read More>>
Blackstone, CapitaLand Said Circling New World Assets and More Asia Real Estate Headlines
Hong Kong’s New World Development leads the list of real estate happenings from around Asia as the defaulting developer is said to be shopping assets to Blackstone, CapitaLand and other investors in an effort to bail out its balance sheet…. Read More>>
Japanese Buy Stake in Lendlease London Project and More Asia Real Estate Headlines
Australia’s Lendlease welcomes two Japanese investors into a London office development, with that deal leading today’s headline roundup. Also in the news, Blackstone is reportedly in talks to exit its stake in Sydney’s Grosvenor Place and M&G acquires an interest… Read More>>
CapitaLand India Trust Kicks Off $54M Hyderabad IT Park Redevelopment
Singapore’s CapitaLand India Trust is set to commence the second phase of redevelopment of a tech park in the capital of Telangana state at an estimated investment of INR 4.5 billion ($52 million).
Phase two of the redevelopment of International… Read More>>
Mapletree REIT Selling Japanese Warehouses for $28M and More Asia Real Estate Headlines
Singapore-listed Mapletree Logistics Trust announces the sale of two Japan warehouses, with those divestments leading today’s headline roundup. Also making the list, property giant CapitaLand denies reports of a planned Shanghai disposal and India’s Welspun eyes an industrial park expansion… Read More>>
CapitaLand Development Enters $284M Top Bid for Central Singapore Industrial Site
CapitaLand Development made the top bid of S$368.9 million ($284.5 million) for a development site in Singapore’s Kolam Ayer industrial estate, with the builder’s proposed project to serve food-related end-users.
The 44,107 square metre (474,764 square foot) parcel at Kallang… Read More>>
CapitaLand Sells US Apartment Complex for $73M and More Asia Real Estate Headlines
CapitaLand leads today’s headline roundup at Mingtiandi, with the Singaporean giant completing the disposal of a US apartment complex. Also making the list, Chinese developer Shimao posts a massive six-month loss and casino operator The Star receives bad news from… Read More>>
Tencent Moves Raffles Place Staff to CapitaLand’s The Work Project at CapitaSky
Tencent has moved some of its Singapore staff to The Work Project’s flexible office space at CapitaSky in Tanjong Pagar, with a spokesman for the Chinese internet giant confirming the shift on Wednesday.
Tencent is leasing one floor, or about… Read More>>
CapitaLand Sells Shanghai Ascott Apartments to Guangzhou Investor for Reported $166M
CapitaLand Development has sold a serviced apartment property in Shanghai’s Xuhui district to a vehicle controlled by a mainland investor, as cash-rich corporate investors continue to seek discounted acquisition opportunities amid China’s property slump.
The 90-unit Ascott Heng Shan Shanghai… Read More>>
CapitaLand, CDL, Frasers Team with Mitsubishi, Mitsui for $6.3B Singapore Mega-Project
A tender for a site for a suburban Singapore project which could be worth S$8.5 billion ($6.3 billion) upon completion attracted just two bids – both from the same five-party consortium – with three of the city-state’s largest property players… Read More>>
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