India takes the lead in Mingtiandi’s roundup of real estate headlines today as a Blackstone-backed REIT aims to add $903 million in office assets to its portfolio. The manager of Asia’s biggest REIT also gets some ink as it renegotiates… Read More>>
Macron Cancels $3.3B Wanda Project in France and More Asia Real Estate Headlines
The travails of a developer who was once Asia’s richest man lead the way in today’s list of real estate news from around the region, as the president of France announces the end of a Paris project backed by Wang… Read More>>
Digital Realty Closes $1B Data Centre Deal with Mapletree and More Asia Real Estate Headlines
US bit barns lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that an American data centre provider has closed a deal to sell an 80 percent stake in a trio of hyperscale facilities… Read More>>
Ascendas REIT to Acquire 30 US and SG Biz Park Assets From CapitaLand for S$1.66B
Ascendas Real Estate Investment Trust has entered into agreements to acquire a portfolio of 30 business park assets in the US and Singapore for S$1.66 billion ($1.22 billion) from its controlling unitholder CapitaLand.
Under the terms of the proposed deal,… Read More>>
Hanison Seals HK$741M Deal to Buy Hong Kong Tower From CapitaLand
Despite the impact on Hong Kong’s hotel industry after months of escalating social unrest, a select number of players are doing some bargain hunting in the Asian financial hub.
Among the most active purchasers this year has been Payson Cha’s… Read More>>
Asia Real Estate People in the News 2019-10-14
In this week’s edition of Mingtiandi’s People in the News, one of Canada’s largest real estate investment firms has named a new director for its Asia Pacific team based in Hong Kong, while Singapore’s largest real estate group has designated a… Read More>>
WeWork India Scrambles After $100M Funding Deal Falls Through and More Asia Real Estate Headlines
The troubles of America’s biggest co-working company are being felt globally as the challenges of leasing desks in India lead Mingtiandi’s roundup of real estate headlines today with the news that Embassy Group, which set up the franchise, is selling… Read More>>
Salesforce to Anchor Lendlease, Ping An, Mitsubishi JV in Sydney and More Asia Real Estate Headlines
A skyscraper down under leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a three-way joint venture between a major Australian property group, a Tokyo-based developer and the real estate arm of a… Read More>>
Ascott Buys Sydney Serviced Apartment Project for S$192M
The Ascott Ltd, CapitaLand’s hospitality unit, is buying a freehold serviced residence project in Sydney for S$192 million ($139 million), bringing Ascott’s assets under management to S$10 billion globally, according to an announcement by the company.
The serviced apartment owner-operator… Read More>>
Jack Ma Fund Joins $300M Rental Housing Investment and More Asia Real Estate Headlines
A Shanghai-based apartment rental platform leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the company has raised $300 million from investors including a private equity firm founded by the soon-to-be-retiring… Read More>>
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