In today’s roundup of regional news headlines, Hong Kong private equity firm PAG has reportedly signed a deal to acquire an Australian office design firm, logistics titan ESR begins building a nine-storey warehouse facility near Tokyo’s Haneda Airport, and Hong… 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>>
Mapletree, MNACT Buy $387M Seoul Tower and More Asia Real Estate Headlines
Some of Singapore’s biggest investors are upping their investments in Korea this week, at the same time that one of mainland China’s largest developer’s has decided to scale back its Australia operation after getting 20 projects started down under, as… Read More>>
CapitaLand Group Proposes $6.1B Merger of Office, Retail REITs
Just one year after CapitaLand began its S$11 billion acquisition of Ascendas-Singbridge, Southeast Asia’s largest real estate group has proposed to merge a pair of commercial real estate investment trusts in a S$8.27 billion ($6.13 billion) cash-and-stock deal.
In a… Read More>>
WeWork Leases HSBC Building in Singapore From CapitaLand Commercial Trust
Shared office giant WeWork is taking over Singapore’s HSBC building after the bank moves out early next year, according to an announcement by the office tower’s landlord today.
WeWork is set to gain occupancy of the 200,470 square foot (18,624… Read More>>
HSBC Gets One More Year in SG’s 21 Collyer Quay and More Asia Real Estate Headlines
CapitaLand Commercial Trust, which owns the current home of HSBC in Singapore, is giving the bank one more year in its home in the city’s Raffles Place as speculation builds that the listed trust may sell off or redevelop the… Read More>>
CapitaLand Commercial Trust Sells SG Office Tower for $379M
CapitaLand Commercial Trust (CCT) has chalked up Singapore’s biggest office transaction of the year by agreeing to sell Twenty Anson, a 20-storey office building in the Tanjong Pagar neighbourhood, for a total of S$516 million ($379 million).
The Singapore-listed trust,… Read More>>
CapitaLand Commercial Trust Lands in Europe with $421M Frankfurt Office Deal
Singapore’s CapitaLand Commercial Trust (CCT) is making its first foray outside of Asia to pick up a 38-storey, grade A commercial tower in Frankfurt, Germany for €356 million ($420.8 million).
CCT, Singapore’s largest commercial REIT by market cap, will take… Read More>>
JP Morgan to Lease 7 Floors in CapitaLand’s SG Office Tower CapitaSpring
JP Morgan has signed up as the first anchor tenant of CapitaLand’s latest skyscraper in downtown Singapore, with the financial services firm agreeing to lease 155,000 square feet of office space spanning seven stories – almost a quarter of the… Read More>>
CapitaLand and Friends Break Ground on 51-Storey Downtown Singapore Tower
CapitaLand has broken ground on a 51-storey, mixed-use skyscraper in downtown Singapore that will provide futuristic offices, serviced apartments and amenities from food stalls to a four-storey tropical garden upon completion in 2021.
The integrated development will bring 635,000 square… Read More>>
