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Mapletree Trust Adds to US Data Centre Portfolio with $204M-Plus Virginia Buy

2020/09/15 by Michael Cole Leave a Comment

Singapore’s Mapletree Industrial Trust is adding to its collection of US data centres through an agreement to purchase a facility in Virginia for at least $204 million, the trust’s manager announced on Monday.

The unspecified server farm, which is believed… Read More>>

li ming sino ocean

Sino-Ocean Follows Evergrande, Sunac in Filing for HK Property Management IPO

2020/09/15 by Skye Li Leave a Comment

A month after China Evergrande sold a $3 billion stake in its property management spin-off ahead of an IPO, competing developer Sino-Ocean Group announced plans to seek a separate Hong Kong listing for its services arm.

Sino-Ocean Service Holding Limited,… Read More>>

Paul Tham Keppel REIT

Keppel REIT Buys Sydney Office Park Asset From Goodman for A$306M

2020/09/13 by Michael Cole Leave a Comment

The manager of Singapore’s Keppel REIT announced today that it has agreed to acquire an office building in suburban Sydney for S$306 million ($223 million), adding a sixth Australian commercial asset to its portfolio.

The SGX-listed trust is acquiring a… Read More>>

LaSalle Mark Gabbay

LaSalle Closes Share Sale to Fund JPY 76B Japanese Logistics Buy

2020/09/13 by Mingtiandi Team Leave a Comment

One of Asia Pacific’s largest managers of logistics real estate assets this month put a coda on its latest Japan acquisition by announcing new equity funding for a purchase of stakes in four warehouse assets near Tokyo and Osaka.

LaSalle… Read More>>

Ronnie Chan

Hang Lung Buys US Govt Plot in Hong Kong at 37% Off 2018 Rates

2020/09/10 by Elizabeth Kerr 1 Comment

Under a cloud of sanctions and suspended trade privileges, the US government sold a set of consular residences in Hong Kong’s southern District to Hang Lung Properties for HK$2.6 billion ($331 million), the developer said in an email to Mingtiandi… Read More>>

Mr Tan Yew Chin_CEO_CapitaLand Singapore

CapitaLand Unveils Plan for S$550M Singapore Business Campus

2020/09/10 by Elizabeth Kerr Leave a Comment

As a complement to the Singapore government’s vision to create a “world-class learning ecosystem in the research and knowledge hub,” Singapore’s CapitaLand unveiled its latest addition to the One North technology park on 9 September, the 400,000-square foot (37,100… Read More>>

liiew mun leong tb

Temasek Defends Changi Airport Boss After Maid Acquitted, Netizens Rage Over Abuse

2020/09/09 by Michael Cole 4 Comments

Temasek Holdings rushed to defend former CapitaLand boss Liew Mun Leong this week after Singapore’s high court acquitted a former servant to the corporate chieftain on charges of theft filed by Liew and his family.

Liew, who serves as chairman… Read More>>

Maggie Chu Savills

Maggie Chu Joins Savills to Lead Greater Bay Area Services

2020/09/09 by Michael Cole Leave a Comment

Veteran broker Maggie Chu has joined Savills to head up the property consultancy’s services on behalf of developers and investors in Guangdong province, Macau and Hong Kong, according to a company statement today.

Formerly an executive director with Cushman &… Read More>>

two harbour square Hong Kong

Tenants Continue to Flee HK’s Central as Govt Agency Shifts to Kowloon East

2020/09/08 by Elizabeth Kerr Leave a Comment

The migration away from the world’s priciest office location continues with one of Hong Kong’s biggest office deals so far in 2020 taking a major tenant away from its current home in the city’s Central district.

The Hong Kong Mortgage… Read More>>

Pan Sutong Goldin

Goldin Confirms CK Asset Bailout, Sells Finance Business for HK$2B

2020/09/08 by Michael Cole Leave a Comment

Goldin Financial Holdings is continuing its efforts to pay off past-due debts as the Hong Kong-listed company announced on Friday that it had reached a deal to dispose of a financing business for just over HK$2 billion ($260 million).

In… Read More>>

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