In today’s roundup of regional news headlines, the industrial arm of Singapore’s Frasers Property adds a Melbourne site to its development pipeline, Chinese builder Sunac seeks a repayment extension on an offshore bond, and Hong Kong-listed Sunlight REIT secures more… Read More>>
CapitaLand Investment Buys Melbourne Office Tower From CBRE IM for Reported $233M
CapitaLand Investment has acquired a 22-storey office tower in Melbourne’s central business district for the company’s flagship regional core-plus fund.
The purchase of 120 Spencer Street marks the fifth acquisition in Australia in six months for the SGX-listed asset management… Read More>>
Lendlease Beats CapitaLand for $2.2B Redevelopment of Singtel HQ in Singapore
Lendlease bested rival CapitaLand for a S$3 billion ($2.2 billion) redevelopment project in Singapore as the Lion City’s largest telecom provider announced Wednesday that it would team up with the Australian builder to rebuild its Orchard area headquarters.
The two… Read More>>
CapitaLand’s 79 Robinson Road in Singapore Rebranded as CapitaSky After $930M Deal
The office tower at 79 Robinson Road in Singapore’s downtown core officially has new owners and a new name after the sale of the year-and-a-half-old property by CapitaLand Investment and its Japanese partners.
CapitaLand Integrated Commercial Trust and a private… Read More>>
Asia Real Estate People in the News 2022-04-18
A top level change at Hong Kong developer Chinachem leads Mingtiandi’s roundup of personnel moves this week as the privately held builder announces the departure of its managing director of real estate. Also witnessing director departures this week are Hong… Read More>>
Asia Real Estate People in the News 2022-03-21
Ongoing investigations lead today’s roundup of personnel moves from around the region and have already caused some leadership changes in China and India, as Tahoe Group announces that its chairman is no longer in command of operations, and Indiabulls Finance… Read More>>
Li Ka-Shing’s Flagships Outperform and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, earnings at Hong Kong billionaire Li Ka-shing’s flagship companies beat views, Singapore’s Ho Bee Land books a gain on a property divestment in Germany, and China’s property woes eat into insurer Ping An’s… Read More>>
CapitaLand, Lendlease Shortlisted for $1.5B Redevelopment of Singtel HQ
CapitaLand and Lendlease are competing for pole position for a S$2 billion ($1.5 billion) redevelopment project as Singapore’s largest telecom provider prepares to build a new commercial complex on the site of its headquarters near the city’s Orchard Road shopping… Read More>>
Shimao Seeks Extension on $947M in Trusts and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, cash-strapped Shimao Group reportedly seeks a multi-year extension to repay over $900 million owed on high-yield trust products, Hong Kong boss Carrie Lam asks the city’s big developers to provide space for isolating… Read More>>
Asia Real Estate People in the News 2022-02-07
Top level moves in Hong Kong and Singapore lead this week’s collection of personnel changes around the region, including a new boss at Champion REIT and a former Keppel REIT chief resurfacing at competitor CapitaLand.
We also… Read More>>
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