India leads today’s roundup of regional news headlines, with Canada’s Brookfield securing land near Mumbai for a data centre site, Singapore’s Xander upping its Chennai warehouse space, and Google Cloud announcing a new cloud region in Delhi NCR. China Evergrande… Read More>>
ARA Said Marketing Seoul Office Block for $859M and More Asia Real Estate Headlines
A potential Korean mega-deal leads today’s roundup of real estate headlines, as Singapore’s ARA Asset Management is reported to be readying the sale of an office building in a Greater Seoul tech cluster.
China Evergrande also makes… Read More>>
CapitaLand Shareholders Approve $15.9B Restructuring, Developer to De-List
CapitaLand said shareholders on Tuesday voted “overwhelmingly” in favour of a $15.9 billion plan to privatise the Singapore property giant’s development operation and spin off its fund management business.
More than 3,400 CapitaLand shareholders voted by proxy at an extraordinary… Read More>>
Gemdale Gets $113M Loan for Seattle Project and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Chinese developer Gemdale’s US division secures a construction loan for a Seattle high-rise, Singapore’s CapitaLand spots opportunity as China tightens credit standards, and returning mainland students give a boost to Hong Kong’s mass-housing… Read More>>
HK Banks Halt Mortgages for Evergrande Projects and More Asia Real Estate Headlines
In today’s roundup of real estate headlines from around Asia, Hong Kong’s biggest bank has taken note of China Evergrande’s ongoing financial woes, as HSBC has reportedly stopped providing mortgages for the developer’s housing projects in Asia’s most expensive residential… Read More>>
Former CapitaLand China Boss Lucas Loh Named Co-President at Hopson
Former CapitaLand China president and CEO Lucas Loh has surfaced at Hong Kong-listed Hopson Development Holdings, where he has been named co-president of the mainland real estate firm.
Loh served as the head of Singaporean property giant CapitaLand’s China operations… Read More>>
CapitaLand Shareholders Set to Vote on $15.9B Restructuring on 10 August
CapitaLand’s $15.9 billion plan to privatise its development operation and spin off its fund management business is set to go to shareholders next month after receiving approval from the board of Southeast Asia’s largest real estate business.
“This restructuring is… Read More>>
CapitaLand Launches $297M India Logistics Fund and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore’s CapitaLand launches its second logistics private fund in India, Australian regulators approve the sale of a stake in a Sydney office tower to China’s sovereign wealth fund, and Canadian fund manager Ivanhoe… Read More>>
Ascendas India Trust to Build First Data Centre and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Ascendas India Trust splashes out on the development of a large Navi Mumbai data centre, the indebted former owner of Singapore’s Park Hotel Group is wound up, and Tencent plans a fancy… Read More>>
CapitaLand Sells Pair of Japan Malls for $380M and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore’s CapitaLand offloads its two remaining malls in Japan at the same time that it buys a new logistics property in the country, an Abu Dhabi-backed group seeks to acquire an Indian mall… Read More>>
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