Hong Kong-listed ESR aims to divest at least $1 billion in assets this year as it continues to focus on its fund management business, and those disposals could include its stake in Cromwell Property Group.
In an earnings webcast on… Read More>>
Asia real estate and outbound investment news
Hong Kong-listed ESR aims to divest at least $1 billion in assets this year as it continues to focus on its fund management business, and those disposals could include its stake in Cromwell Property Group.
In an earnings webcast on… Read More>>
BlackRock Inc. has ceased to be a substantial unitholder in Cromwell European REIT (CEREIT) after selling down its stake in the SGX-listed trust, as Europe’s property sector faces growing headwinds and rising bond yields dampen the appeal of Singaporean REITs.
In today’s roundup of regional news headlines, SGX-listed Cromwell E-REIT picks up a Copenhagen logistics asset, a Singapore condominium goes up for en bloc sale at a price of $689 million, and an Indian banking billionaire lines up investors for… Read More>>
In today’s roundup of regional news headlines, Singapore-listed Cromwell E-REIT picks up a third logistics property in the UK, a Sentosa Cove housing project sells half of its available units at launch, and private equity giant Carlyle Group slashes its… Read More>>
In today’s roundup of regional news headlines, cash-strapped developer Shimao misses trust payments on high-yield products, Singapore’s GIC forms a New Zealand joint venture, and banking giant HSBC takes a $450 million charge related to Chinese property exposure.
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In today’s roundup of regional news headlines, embattled China Evergrande seeks a six-month extension for repayment of an onshore bond, a Singapore-listed REIT acquires a set of logistics assets in the UK and the Netherlands, and the biggest-spending sovereign wealth… Read More>>
Hong Kong’s Hysan Development has decided to invite its long-time COO to join the company’s board, and that move at one of the city’s largest commercial developers leads our roundup of personnel moves from around Asia this week.
Also in… Read More>>
In today’s roundup of regional news headlines, Hong Kong’s Shui On Land reportedly selects UBS and Morgan Stanley to lead its Xintiandi subsidiary’s IPO, Singapore-listed Cromwell E-REIT picks up a logistics asset in England, and China turns to ration coupons… Read More>>
Slower home sales in Singapore lead today’s collection of real estate headlines from around Asia, as COVID-19 restrictions gave the city’s condo resale market the chills during May.
Highly leveraged mainland developer China Evergrande also continues to… Read More>>
In today’s roundup of regional news headlines, Indian giant Embassy Group invests in one of UK-based Pi Labs’ proptech funds, a home on Hong Kong’s Peak reportedly sets a fresh record for monthly rent, and Canadian asset manager Brookfield may… Read More>>