Singapore Land Group (SingLand) announced Thursday that it has received provisional approval to refurbish its Raffles Place headquarters into a new building which could reach as high as 50 storeys, as office rents continue to rise in the city-state’s central… Read More>>
Emerging Markets to Benefit From Supply Chain Diversification, Search for Yield: MTD TV Asia Logistics Forum 2022
https://player.vimeo.com/video/713951581?h=9b2e013119Video can’t be loaded because JavaScript is disabled: Mingtiandi Asia Logistics Forum 2022: Logistics Investment in Asia's Emerging Market (https://player.vimeo.com/video/713951581?h=9b2e013119)
Investors are turning to Asia’s emerging logistics markets, including India, Indonesia and Vietnam, as the search… Read More>>
Wing Tai Wins Tender for Singapore Lakefront Residential Project With $199M Bid
The Singapore arm of regional developer Wing Tai has entered the winning bid of S$273.9 million ($199.2 million) for a lakefront residential complex put up for collective sale in the city-state’s Jurong East area, providing further proof of growing builder… Read More>>
New World Consolidating Causeway Bay Site for $1.7B Commercial Project
Hong Kong’s New World Development is moving closer to adding a HK$14 billion ($1.7 billion) commercial project to the city’s busiest shopping district, having reportedly applied for a compulsory sale of three adjacent properties in Causeway Bay this month, according… Read More>>
AXA IM Buys Pair of Tokyo Rental Residential Assets for $54M
AXA IM Alts announced on Tuesday that it has acquired a pair of rental residential properties in Tokyo for JPY 6.9 billion ($54 million), unveiling its first multifamily asset purchase this year in Japan’s increasingly competitive build-to-rent sector after a… Read More>>
CDL Sees Q1 Sales Fall 41% as Singapore Housing Curbs Bite
City Developments Ltd is optimistic that Singapore’s property market will remain resilient even as government cooling measures and an absence of new launches dragged down the developer’s domestic sales in the first quarter of 2022 to S$477.9 million ($348.2 million),… Read More>>
HNA Ordered to Pay $185M to Partner in Bankrupt Park Avenue Skyscraper
A US arbitrator has ordered HNA Group to pay more than $185 million to SL Green, an investor in the Chinese conglomerate’s bankrupt Manhattan skyscraper, after the joint venture partners fell out over their failure to replace a departed anchor… Read More>>
Mingtiandi Founder Michael Cole to Appear at PERE Asia Next Week
The PERE Asia Summit is being held in Singapore next week for the first time ever, with Mingtiandi founder Michael Cole set to speak at the event alongside industry leaders including ESR chairman Jeffrey Perlman, Ivanhoe Cambridge co-head of Asia… Read More>>
Mapletree Wins Approval for $3.1B Commercial REIT Merger
Shareholders of Mapletree Commercial Trust (MCT) and Mapletree North Asia Commercial Trust (MNACT) have approved a S$4.22 billion ($3.07 billion) merger, which creates the Singapore exchange’s third largest REIT, after sponsor Mapletree Investments sweetened the deal with an all-cash payout… Read More>>
Investors Confident in South Korea’s Logistics Market Despite Headwinds Asia Logistics Forum 2022
https://player.vimeo.com/video/713132480?h=1eb988b31aVideo can’t be loaded because JavaScript is disabled: Mingtiandi Asia Logistics Forum 2022: Logistics Investment in South Korea (https://player.vimeo.com/video/713132480?h=1eb988b31a)
South Korea’s logistics real estate market is on track for continued growth this year despite challenges from… Read More>>
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