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CDL Hospitality Trusts (CDLHT) is selling its 4.5-star hotel Novotel Brisbane in Australia for A$67.9 million (S$66.4 million) to an independent third-party buyer, ADFA Brisbane.

CDL Hotel Trust Sells Brisbane Hotel for A$63.5M and More Asia Real Estate Headlines

2020/10/21 by Pimfha Chandhapradit Leave a Comment

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>>

The Pinnacle Gangnam - Seoul Office Tower bought by Mapletree

Mapletree, MNACT Buy $387M Seoul Tower and More Asia Real Estate Headlines

2020/09/29 by Pimfha Chandhapradit Leave a Comment

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>>

dallas warehouses

Korean Investors Back $247M Dallas Warehouse Buy and More Asia Real Estate Headlines

2020/09/09 by Mingtiandi Team Leave a Comment

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>>

Marina Bay Sands Singapore

Singapore’s Marina Bay Sands Sinks to S$113M Q2 Loss and More Asia Real Estate Headlines

2020/07/23 by Michael Cole Leave a Comment

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>>

tony tan

CapitaLand Group Proposes $6.1B Merger of Office, Retail REITs

2020/01/22 by Michael Cole Leave a Comment

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 

2019/07/24 by James Hatton Leave a Comment

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>>

Kevin Chee Tien Jin

WeWork Leases HSBC Building in Singapore From CapitaLand Commercial Trust

2019/07/17 by Michael Cole Leave a Comment

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 Chen Feng

HNA Woes Deepen as HK Airlines Auditor Resigns and More Asia Real Estate Headlines

2019/05/09 by James Hatton Leave a Comment

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>>

Tencent Shenzhen

Tencent Goes Full Gadget for New Shenzhen HQ and More Asia Real Estate Headlines

2019/01/23 by Michael Cole Leave a Comment

Leading today’s real estate news from around the region, Tencent is hoping that its newly opened Shenzhen offices will help the tech giant to build a vertical community campus, while slightly further south in Hong Kong it was revealed that… Read More>>

HSBC Building Singapore

HSBC Gets One More Year in SG’s 21 Collyer Quay and More Asia Real Estate Headlines

2018/09/13 by Michael Cole Leave a Comment

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>>

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