Asia Pacific real estate investment news and information
Singapore’s CapitaLand Investment announced this week the acquisition of four properties, led by a greenfield warehouse project in Thailand, and the closing of a core logistics private fund in Japan.
The investment manager in December acquired Omega 1 Bang Na,… Read More>>
CapitaLand Integrated Commercial Trust posted second-half distributable income of S$362.5 million, up 2.1 percent year-on-year, bringing the REIT’s full-year payout to S$715.7 million ($532 million), up 1.9 percent.
Singapore-listed CICT’s distribution per unit for 2023 was 10.75 Singapore cents, up… Read More>>
Chinese regulators are said to be drafting a list of 50 developers which will eligible for financing as part of a state-backed bailout, with that story leading Mingtiandi’s headline roundup today. Also in the news, McDonald’s agrees to buy Carlyle’s… Read More>>
Rising interest rates are denting the returns of some of Singapore’s biggest landlords, with CapitaLand Integrated Commercial Trust (CICT) achieving a 1.7 percent uptick in distributable income for the first half of the year as higher financing costs wiped out… Read More>>
In today’s roundup of regional real estate headlines, a court order puts $278 million worth of Wanda Commercial shares on ice, and giant cracks in the road spark an evacuation at a Country Garden residential project in northern China. Also… Read More>>
Singapore’s growth as a centre for commerce and technology is boosting returns for the largest REIT listed on the country’s stock exchange, with CapitaLand Integrated Commercial Trust (CICT) reporting an 11.3 percent increase in its net property income in the… Read More>>
CapitaLand Integrated Commercial Trust’s distributable income rose 4.8 percent year-on-year to S$355.1 million (now $268.2 million) in the second half of 2022, as the Singapore-listed REIT profited from contributions by newly acquired properties and higher rental income from most city-state… Read More>>
China’s ongoing real estate struggles lead today’s news from around the real estate world, with home prices falling for a thirteenth straight month, as sales dropped 15 percent during September. That slide also includes developer Yango Group being hit with… Read More>>
Leadership changes at mainland real estate firms lead this week’s collection of personnel moves from around the region, as China Resources Land announces a new president at the same time that Shimao Services and LVGEM China say goodbye to non-executive… Read More>>
Distressed developers and troubled tech takeovers lead today’s collection of real estate headlines from around the region, as one of Singapore’s biggest banks sues Shimao Group in Hong Kong and Gaw Capital finds an opportunity to move into real estate… Read More>>
