Asia Pacific real estate investment news and information
Showing continued faith in demand for Singapore office space among corporate giants, Ascendas REIT has agreed to buy the 75 percent stake in a top-end business park property held by its sponsor, and partner in the project, CapitaLand.
The SGX-listed… Read More>>
CapitaLand announced a privatisation plan this March that promises to remake Southeast Asia’s largest developer, but one of the company’s top executives will not be helping to lead that transition, according to an announcement coinciding with the firm’s annual general… Read More>>
Singaporean developer CapitaLand will acquire its first hyperscale server facility in China, spending RMB 3.66 billion ($560 million) to pick up a four-building campus in Shanghai’s Minhang district.
The 55-megawatt facility is managed by mainland data centre operator Daily Tech… Read More>>
Trading in shares of Singapore-listed CapitaLand came to a halt Monday morning ahead of an announcement that the property giant plans to take its development operations private and consolidate its investment management platform and lodging business into a new publicly… Read More>>
In our latest roundup of regional news headlines, Singapore property giant CapitaLand reports an eye-watering loss for the second half and full year of 2020, Wharf Holdings plans to lease out a posh property on Hong Kong’s Peak, and co-working… Read More>>
In our latest roundup of regional news headlines, a mainland Chinese developer becomes the first victim of strict deleveraging rules, JD Logistics is reportedly targeting a $2 billion IPO this month, and a tycoon’s daughter snaps up control of Hong… Read More>>
Shaking off some downbeat financial results, Singapore-listed Ascott Residence Trust on Wednesday announced its maiden foray into the US student housing market with the acquisition of a mid-rise Atlanta property for $95 million.
The transaction, expected to be completed this… Read More>>
In today’s roundup of regional news headlines, Seoul records another banner year in office transactions, Singapore developer CapitaLand warns of a likely 2020 loss, and China Evergrande enjoys a sizeable fundraising for its electric vehicle arm.
Seoul… Read More>>
CapitaSpring, a $1.3 billion mixed-use project in Singapore’s Raffles Place commercial hub, has achieved its full height of 280 metres (919 feet), according to an announcement by its owners.
Now 75 percent complete in terms of overall construction, the 51-storey… Read More>>
In today’s news roundup, Singapore-listed CapitaLand Retail China Trust makes a deal to sell properties in Wuhan, a female executive is sought on suspicion of a casino heist on South Korea’s Jeju island, and Australia blocks the Chinese buyout of… Read More>>
