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Tony Lombardo, global CEO of Lendlease

Japanese Buy Stake in Lendlease London Project and More Asia Real Estate Headlines

2025/04/02 by Michael Cole Leave a Comment

Australia’s Lendlease welcomes two Japanese investors into a London office development, with that deal leading today’s headline roundup. Also in the news, Blackstone is reportedly in talks to exit its stake in Sydney’s Grosvenor Place and M&G acquires an interest… Read More>>

CapitaLand India Trust Kicks Off $54M Hyderabad IT Park Redevelopment

2025/01/20 by Bianca Cuaresma Leave a Comment

Singapore’s CapitaLand India Trust is set to commence the second phase of redevelopment of a tech park in the capital of Telangana state at an estimated investment of INR 4.5 billion ($52 million).

Phase two of the redevelopment of International… Read More>>

Jean Kam, CEO of Mapletree Logistics Trust's manager

Mapletree REIT Selling Japanese Warehouses for $28M and More Asia Real Estate Headlines

2024/11/28 by Michael Cole Leave a Comment

Singapore-listed Mapletree Logistics Trust announces the sale of two Japan warehouses, with those divestments leading today’s headline roundup. Also making the list, property giant CapitaLand denies reports of a planned Shanghai disposal and India’s Welspun eyes an industrial park expansion… Read More>>

CapitaLand Development Singapore CEO Tan Yew Chin (Image: CapitaLand)

CapitaLand Development Enters $284M Top Bid for Central Singapore Industrial Site

2024/10/03 by Christopher Caillavet Leave a Comment

CapitaLand Development made the top bid of S$368.9 million ($284.5 million) for a development site in Singapore’s Kolam Ayer industrial estate, with the builder’s proposed project to serve food-related end-users.

The 44,107 square metre (474,764 square foot) parcel at Kallang… Read More>>

CapitaLand US managing director and country head Dang Phan

CapitaLand Sells US Apartment Complex for $73M and More Asia Real Estate Headlines

2024/08/30 by Michael Cole Leave a Comment

CapitaLand leads today’s headline roundup at Mingtiandi, with the Singaporean giant completing the disposal of a US apartment complex. Also making the list, Chinese developer Shimao posts a massive six-month loss and casino operator The Star receives bad news from… Read More>>

Tencent Moves Raffles Place Staff to CapitaLand’s The Work Project at CapitaSky

2024/06/05 by Christopher Caillavet Leave a Comment

Tencent has moved some of its Singapore staff to The Work Project’s flexible office space at CapitaSky in Tanjong Pagar, with a spokesman for the Chinese internet giant confirming the shift on Wednesday.

Tencent is leasing one floor, or about… Read More>>

Ben Lee CapitaLand Development China

CapitaLand Sells Shanghai Ascott Apartments to Guangzhou Investor for Reported $166M

2024/04/29 by Kevin He Leave a Comment

CapitaLand Development has sold a serviced apartment property in Shanghai’s Xuhui district to a vehicle controlled by a mainland investor, as cash-rich corporate investors continue to seek discounted acquisition opportunities amid China’s property slump.

The 90-unit Ascott Heng Shan Shanghai… Read More>>

Sherman Kwek of CDL

CapitaLand, CDL, Frasers Team with Mitsubishi, Mitsui for $6.3B Singapore Mega-Project

2024/03/26 by Mingtiandi Team Leave a Comment

A tender for a site for a suburban Singapore project which could be worth S$8.5 billion ($6.3 billion) upon completion attracted just two bids – both from the same five-party consortium – with three of the city-state’s largest property players… Read More>>

Lui Chong Chee

Lui Chong Chee to Chair CapitaLand Ascott Trust

2024/03/12 by Christopher Caillavet Leave a Comment

CapitaLand Ascott Trust has appointed Lui Chong Chee as the next chairman of the Singapore-listed lodging REIT, succeeding the retiring Bob Tan.

Lui, who currently sits as a non-executive independent director, will take over the chairman’s seat on 22 April… Read More>>

Sachin Doshi, Weave Living

Weave-BlackRock JV Buying Singapore Citadines From CapitaLand Ascott Trust for $111M

2024/02/02 by Michael Cole Leave a Comment

Weave Living continues to expand its network of investors and its portfolio of properties, with the rental residential investor and operator announcing on Friday that it has formed a joint venture with a BlackRock fund to purchase a Singapore serviced… Read More>>

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