The Philippines biggest retail developer must be hoping that Christmas is catching on in Tianjin as it now has 565,000 square metres of retail space to fill in the famously oversupplied Chinese second-tier city. Also in the headlines today, Shanghai… Read More>>
The Link REIT Signs $516M Club Loan to Fund Corporate Avenue Deal
Hong Kong’s Link REIT this week announced the signing of a HK$4 billion ($516 million) credit facility with seven major banks, as the real estate investment trust finalises arrangements for its $1.06 billion acquisition of a Shanghai commercial complex.
The… Read More>>
The Link REIT Buys Shui On’s Corporate Avenue Phase One for RMB 6.6 Bil
Hong Kong’s Link REIT may be a newcomer to the mainland China property market, but it quickly made up for lost time this week by purchasing Shui On Land’s Corporate Avenue phase one for RMB 6.6 billion ($1.063 billion).
The… Read More>>
Shui On Said Selling Corporate Avenue One to HK’s Link REIT for RMB 7.4B
Cash-strapped developer Shui On Land is said to be close to concluding a deal to sell the first phase of its Corporate Avenue commercial complex in Shanghai for RMB 7.4 billion ($1.19 billion).
The buyer of the prime real estate asset is… Read More>>