In our latest roundup of regional news headlines, private equity bigfoot Blackstone cinches a sizeable stake in a Guangzhou logistics park, advertising giant Dentsu considers putting up its Tokyo headquarters building for sale, and Frasers Property scraps a Vietnam joint… Read More>>
PAG Buying Aussie Buildout Firm for A$300M and More Asia Real Estate Headlines
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>>
Korean Investors Back $247M Dallas Warehouse Buy and More Asia Real Estate Headlines
Leading Asia’s real estate headlines today, a Korean investor consortium has teamed up with a US private equity firm to buy a warehouse complex near Dallas for $247 million and Singapore’s latest housing stats show prices holding steady as transaction… Read More>>
Singapore’s Marina Bay Sands Sinks to S$113M Q2 Loss and More Asia Real Estate Headlines
The impact of the coronavirus is becoming clearer this week as companies around the region declare earnings, with Singapore’s best-known casino dropping to a loss and the Bangkok residential market losing 27 percent of its value.
On a more positive… 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>>
Warburg Pincus-Backed Trax Closes $100M Round and More Asia Real Estate Headlines
Retail proptech leads the way in Mingtiandi’s roundup of Asia real estate headlines today with news that a Singapore-headquartered provider of image recognition technology that tracks products on shelves has raised $100 million in a HOPU-led funding round.
In other… 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>>
HNA Woes Deepen as HK Airlines Auditor Resigns and More Asia Real Estate Headlines
HNA’s turbulent financial trajectory leads the headlines from around Asia today with the news that the auditor at the company’s Hongkong Airlines affiliate has jumped ship, hopefully not taking the last parachute, while there could be stormy weather ahead for… Read More>>