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Serena Teo Ascott

Singapore’s CapitaLand Ascott Trust Selling Pair of Sydney Hotels for $71M

2023/11/06 by Poonyapat Luenam Leave a Comment

CapitaLand Ascott Trust has agreed to sell two Sydney hotels for A$109 million ($71 million), as part of what the trust’s managers describe as a portfolio restructuring effort, following its September deal to sell four French assets.

Located outside of… Read More>>

evergrande hengchi

Investor in Evergrande EV Unit Freezes Payments and More Asia Real Estate Headlines

2023/10/09 by Ponrath Sopannarath Leave a Comment

A fresh setback in China Evergrande Group’s quest for solvency leads today’s list of real estate headlines from around Asia as a would-be investor in the company’s car unit freezes payments. Also in the news, Country Garden faces another bond… Read More>>

Korea Investment Corporation Headquarters in Seoul, South Korea

Korea’s KIC to Invest $150M in Apollo Fund and More Asia Real Estate Headlines

2023/09/26 by Ponrath Sopannarath Leave a Comment

Korea’s growing presence on the global investment stage leads today’s roundup of headlines from around the region, with the country’s sovereign fund investing in a US private equity fund. Also in the news, Evergrande’s woes continue with a missed onshore… Read More>>

Serena Teo Ascott

CapitaLand Ascott Trust to Buy Hotels in London, Dublin, Jakarta for $268M

2023/08/02 by Beatrice Laforga Leave a Comment

Singapore-listed CapitaLand Ascott Trust plans to buy a pair of hotels in Europe and a serviced apartment building in Southeast Asia for a total of S$357.8 million ($267.5 million) as it moves to profit from a global travel rebound.

The… Read More>>

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