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IT SEZ building in Aurum Q Parc at Navi Mumbai Ascendas India REIT

Ascendas India Trust Buys Mumbai Tower for $47M and More Asia Real Estate Headlines

2021/11/23 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, Singapore-listed Ascendas India Trust picks up a commercial tower in India’s Navi Mumbai, Burberry joins other high-fashion brands in exiting a prestigious Hong Kong shopping strip, and Chinese banks are under pressure from… Read More>>

evergrande

Evergrande Raises $273M in Exit From JV with Tencent and More Asia Real Estate Headlines

2021/11/18 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, cash-strapped China Evergrande exits its stake in internet firm HengTen Networks, rival Country Garden’s property services arm seeks to raise cash through a share sale, and Hong Kong’s government eyes a record haul… Read More>>

Lee Garden Road, Percival Street and Russell Street, Causeway Bay

New World Buys Causeway Bay Assets for $164.5M and More Asia Real Estate Headlines

2021/11/03 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, Hong Kong’s New World Development acquires a further stake in three run-down Causeway Bay buildings, flexible office provider IWG contemplates a spin-off of its digital assets, and a CapitaLand-CDL venture is set to… Read More>>

Millenium Hilton Seoul

CDL Said Selling Seoul Hotel to IGIS for $849M and More Asia Real Estate Headlines

2021/10/19 by Pimfha Chandhapradit Leave a Comment

Distress leads the news today with reports from Korea and mainland China showing signs of tough financial times for real estate firms, including Singapore’s CDL selling a Seoul luxury hotel after suffering a disastrous 2020.

Also, a fresh set of… Read More>>

sherman kwek CDL

CDL Sells Stake in China’s Sincere for $1, Takes Over Shenzhen Tech Park

2021/09/11 by Michael Cole Leave a Comment

After investing $1.4 billion in Sincere Property Group (协信远创) over the past 17 months, City Developments Ltd has agreed to sell its majority stake in the Chongqing-based developer for $1.00 as it writes off the mainland joint venture.

“The consideration… Read More>>

Ping An Ma Mingze

Ping An Investments Probed by Govt And More Asia Real Estate Headlines

2021/08/31 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, Ping An is reportedly under scrutiny by China’s government about some of the giant insurer’s property investments, while the world’s most indebted developer, China Evergrande, posts a 29 percent drop in first-half net… Read More>>

Renderings of NWD's urban renewal project in Guangzhou

New World to Invest $732M in Guangzhou Project and More Asia Real Estate Headlines

2021/08/26 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, Hong Kong’s New World Development sets sights on its biggest-ever project in China, private equity titan Blackstone picks up a pair of assets in India, and Singapore’s GLP forms a logistics investment partnership… Read More>>

Tuan Sing Bags Freehold Site in Central SG for $41M and More Asia Real Estate Headlines

2021/08/19 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, Tuan Sing wins a tender for a freehold site in central Singapore, Hong Kong’s Kerry Properties reports a blowout first-half profit, and Raffles Education puts its corporate building and college campus up for… Read More>>

republic plaza singapore

CDL Declares Loss Despite SG Market Boom and More Asia Real Estate Headlines

2021/08/12 by Michael Cole Leave a Comment

Singapore’s condo market is experiencing a full-scale boom, but that upswing hasn’t been enough to cure the ills of the city’s largest non-government-backed developer, as City Developments Ltd revealed its second quarter financials today.

Also in the… Read More>>

bund soho

Blackstone’s $3B Buyout of Soho Moves Forward and More Asia Real Estate Headlines

2021/08/09 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, China begins its antitrust review of Blackstone’s $3 billion takeover of developer Soho, Hong Kong’s CK Asset confirms plans to convert some of its hotels into housing, and Singapore Land Group swings to… Read More>>

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