A Chinese coal tycoon is revealed to be an investor in troubled Australian casino firm Star Entertainment, with that story leading today’s headline roundup. Also in the news, Singapore’s CDL makes a buyout offer for its listed New Zealand hotel… Read More>>
Asia Real Estate People in the News 2024-12-09
A new chief for one of the Singapore exchange’s largest China REITs leads this week’s collection of personnel moves from around Asia, with CapitaLand China Trust naming a new CEO. Also making the list is a new Singapore hire for… Read More>>
India’s Adani Hit with US SEC Summons and More Asia Real Estate Headlines
The US securities regulator issues a summons for Asia’s second-richest man as bribery allegations swirl, with that story leading today’s headline roundup. Also in the news, Hong Kong builder Far East Consortium warns of a six-month loss and Korean giant… Read More>>
DBS Completes Buy of Hong Kong Office Floor and More Asia Real Estate Headlines
Singapore banking giant DBS continues to acquire floors at a landmark Hong Kong office tower, with that story leading today’s headline roundup. Also making the list, private equity major Bain nears a deal to buy Singapore worker housing from Blackstone… Read More>>
Singapore Retail Scion Cuts Mansion Price by $5M and More Asia Real Estate Headlines
A Singapore mansion tied to a local retail dynasty has slashed its asking price further, with that report leading today’s headline roundup. Also making the list, China cuts a key reference rate for mortgage loans and a data centre buy… Read More>>
Hong Kong Launches Logistics Site Tender and More Asia Real Estate Headlines
The government of Hong Kong will sell a 77,737 square metre (836,754 square foot) site earmarked for a multi-storey logistics facility, with that story leading today’s headline roundup. In other news, Singapore’s CDL announces plans for a mixed-use project near… Read More>>
Daishin Securities Seoul Office Sale Collapses and More Asia Real Estate Headlines
The collapse of a Korean office deal leads this edition of Mingtiandi’s headline roundup, with Daishin Securities pulling the plug on the sale of its Seoul headquarters to NH-Amundi. Also making the list, a Shenzhen private developer exits a central… Read More>>
CDL H1 Profit Surges 32% on Divestment Gains, Hotel Performance
Singapore’s City Developments Ltd reported a first-half attributable profit of S$87.8 million ($66.8 million), up 32 percent year-on-year, with divestment gains and hotel income weighing heavily as development revenue dipped.
CDL’s overall revenue for the six months tumbled 42 percent… Read More>>
Singapore’s First Sponsor Closes $16M Deal to Buy Sydney Heritage Building
A consortium led by Singapore-listed First Sponsor has completed the acquisition of Sydney’s City Tattersalls Club in a deal valued at A$24.7 million ($16.7 million), paving the way for the downtown property’s redevelopment into a 50-storey residential and hotel project.
Hongkong Land Launches $1B Retail Upgrade in Central and More Asia Real Estate Headlines
Hongkong Land is turning to friends from the luxury world as it undertakes a $1 billion revamp of its Landmark retail complex in Central district, with that story leading Mingtiandi’s headline roundup today. Also in the news, Keppel Infrastructure Trust… Read More>>
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