In Mingtiandi’s latest roundup of regional news headlines, Singapore’s Mapletree adds a Japanese warehouse facility to its logistics trust, a South Korean-led joint venture makes its own logistics purchases in middle America, and Singapore’s Metro Holdings launches a student housing… Read More>>
CapitaLand China Retail REIT Expands into Offices with RMB 4.9B Acquisition
In announcing its third quarter results at the end of October, Capitaland Retail China Trust (CRCT) took care to single out the improved performance of its Rock Square mall in Guangzhou, while also highlighting an expansion of its investment remit… Read More>>
CapitaLand China Retail REIT Recaptures 89% of 2019 Traffic
CapitaLand Retail China Trust (CRCT) has reason for optimism after its portfolio of mainland China shopping malls enjoyed a surge in third-quarter footfall and tenant sales.
Shopper traffic in the quarter recovered to 89 percent of year-earlier levels as tenant… Read More>>
Blackstone Said Mulling $436M India Tech Park Deal and More Asia Real Estate Headlines
Stephen Schwarzman’s team has had some luck with India’s tech parks lately and Mingtiandi’s headline roundup kicks off with news that there may be room for one more suburban office development in the investment manager’s portfolio.
Asian investments in European… Read More>>
CapitaLand Sells 3 China Shopping Malls to REIT for $430M
CapitaLand has entered into an agreement to offload three mainland community malls to CapitaLand Retail China Trust (CRCT) for RMB 2.96 billion ($430 million), according to an announcement to the Singapore stock exchange.
This is the second divestment of China… Read More>>
HK Home Prices Rise for 2nd Straight Month and More Asia Real Estate Headlines
A stabilising credit outlook and higher liquidity are working their magic in Hong Kong and mainland China as stories of rising housing prices in the region lead Mingtiandi’s headline roundup today.
The rising supply of cash may also have helped… Read More>>
GIC, M&G Join Bidding for $400M Seoul Tower and More Asia Real Estate Headlines
South Korea continues to push its way back into the investment target area today as a $400 million Seoul office tower is said to receive bids from Singapore’s GIC and London-based M&G. Slightly to the south and west, Houston-based Hines… Read More>>
Wang Jianlin’s Movie Studio Dreams Turn to Dust and More Asia Real Estate Headlines
China’s cross-border giants continue to dominate the headlines today as news breaks of Wang Jianlin selling off his dreams of Hollywood by the East China Sea. Not to be pushed from the spotlight, HNA also grabs reader attention with the… Read More>>
Li Ka-shing Wraps Up Biggest Overseas Deal Ever and More Asia Real Estate Headlines
At the top of the news today, One of Hong Kong’s biggest property developers has won out in his attempt to buy an Aussie power company, a top 10 mainland homebuilder broke $1 billion in operating profit by the end… Read More>>
Asia Real Estate People in the News 2016-12-05
The air has turned cooler as we head into the holiday season here in Asia, but the job market is staying as hot as usual. This week a Singapore-listed REIT announces as new deputy CEO, a warehouse veteran joins a… Read More>>