In today’s review of real estate news from around the region, Bain Capital is said to be seeking a buyer for a stake in Bridge Data Centres at a $5 billion valuation, while CapitaLand Integrated Commercial Trust posts a 7.9… Read More>>
Sun Hung Kai Bosses Buy Hong Kong Home for $23M and More APAC Real Estate Headlines
Hong Kong’s ongoing housing rebound leads today’s look at real estate news from around Asia Pacific, as the family behind developer Sun Hung Kai buy a luxury home from their own company. A return to real estate profits for one… Read More>>
Australia Home Price Growth Accelerated in January and More APAC Real Estate Headlines
Housing markets around Asia Pacific dominate the headlines at the start of the month, with home prices in Australia climbing faster despite prospects for a rate hike. In China the market continues to head downhill as home sales fell 27… Read More>>
Home Prices Drop in Sydney, Melbourne and More APAC Real Estate Headlines
Signs of a shift in Australia’s housing market lead Mingtiandi’s first look at real estate news from around Asia Pacific of the new year, as rising interest rates seem to be driving down home prices in Sydney and Melbourne. Also… Read More>>
Equalbase Breaks Ground on Malaysian Industrial Project and More Asia Real Estate Headlines
The growing appeal of Malaysian industrial projects leads today’s look at real estate headlines from around Asia, with Singapore’s Equalbase breaking ground on a new facility in Johor. China Vanke’s ongoing agony also makes the list as the developer declares… Read More>>
CapitaLand India Trust Selling Business Parks in Chennai, Hyderabad for $124M
Singapore’s CapitaLand India Trust is set to make its first-ever divestment, with the SGX-listed REIT on Thursday announcing a deal to sell two IT parks for a total of INR 11 billion ($124.4 million).
The sale of CyberVale in Chennai… Read More>>
CapitaLand India Trust to Buy Bengaluru Offices for $170M After Funding Project
Singapore’s CapitaLand India Trust has agreed to the forward purchase of an office project at a Bengaluru commercial complex developed by local builder Maia Group.
CLINT will fully fund development of the office project in the northern suburb of Nagawara… 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>>
China’s Country Garden Posts $24B Loss for 2023 and More Asia Real Estate Headlines
Embattled Chinese developer Country Garden posts a record loss for 2023, with that belated earnings release leading today’s headline roundup. Also in the news, CapitaLand India Trust reveals a data centre leasing deal and Paragon REIT’s sale of an Australian… Read More>>
CapitaLand India Trust Posts 8% DPU Rise on Surging Property Income
CapitaLand India Trust reported a first-half distribution per unit of 3.64 Singapore cents, up 8 percent from a year earlier and 18 percent compared with the preceding six-month period, as net property income jumped.
SGX-listed CLINT’s NPI shot up 21… Read More>>