Cash for data centres leads today’s look at real estate headlines from around the region as KKR and Singtel line up financing for a buyout of a Singapore server shed operator. Also making the list are Malaysia’s biggest industrial deal… Read More>>
CICT Overtakes Link to Become Asia’s Largest REIT and More Asia Real Estate Headlines
A successful equity sale has sent CapitaLand’s flagship listed trust to the top of Asia’s REIT ranks, with that story leading Mingtiandi’s look at real estate headlines from around the region today. Also making the list are the latest distressed… Read More>>
New World Could Soon Exit Hong Kong Airport Mall Project and More Asia Real Estate Headlines
New World Development may be exiting its 11 Skies project at the Hong Kong airport as the government seeks a replacement partner, with that story leading real estate headlines areound the region today. Also in the news, Singapore home sales… Read More>>
ESR Sells Remaining Stake in Australia’s Cromwell Property to Brookfield
Just over two weeks after completing a privatisation that saw it leave the Hong Kong stock exchange, Asia Pacific’s largest real estate fund manager has agreed to sell its remaining stake in an Australian property firm to Brookfield Asset Management.
ESR Selling Down Stake in Australia’s Cromwell and More Asia Real Estate Headlines
Hong Kong-listed ESR moves to pare its long-held stake in Australia’s Cromwell Property Group, with that stock sale leading today’s headline roundup. Also in the news, Lendlease courts Mitsubishi Estate for a Sydney redevelopment venture and a Singapore-backed operator of… Read More>>
CapitaLand Selling Singapore Mall Stake for $1.4B and More Asia Real Estate Headlines
Singapore’s CapitaLand Investment leads today’s headline roundup as the Temasek-backed firm offloads its half-stake in the ION Orchard luxury mall. Also making the list, India’s Reliance plans a huge data centre in Gujarat and an Aussie fund sells a Brisbane… Read More>>
Cromwell Selling European Fund Management Platform to Stoneweg for $457M
Cromwell Property Group has agreed to sell its European fund management platform and interests, including Cromwell European REIT, to Swiss investment firm Stoneweg for €280 million ($457 million), as the ASX-listed company carries out a plan to simplify its business… Read More>>
Controlling Stake in Korea’s IGIS Said Up for Sale and More Asia Real Estate Headlines
A controlling stake in South Korea’s IGIS Asset Management has gone on the market, with that story leading today’s headline roundup from around the region. Also making the list, Deutsche Bank is not impressed by restructuring plans at China’s Shimao,… Read More>>
Cromwell EREIT Continues Debt Reduction with $99M Sale of Italian Office Campus
Cromwell European REIT has completed the sale of an Italian office campus for €94 million ($99.2 million) as the Singapore-listed trust continues to sell of non-core assets to reduce debt.
After seeing its interest expenses more than double from €4.2… Read More>>
Property Measures Deliver Jolt to China Stocks and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, China’s newly announced support measures boost property stocks, and embattled builder Country Garden reportedly makes a payment on a ringgit-denominated bond. Also on the list, mainland megacities react to the latest stimulus and… Read More>>