A promotion at a leading Hong Kong real estate fund manager leads this week’s roundup of people moves from around Asia, with Singapore’s Daiwa House REIT also making the list alongside new appointments at China Jinmao Holdings and Malaysia’s Tower… Read More>>
GIC Makes $122M Exit From Mumbai Mall Venture and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore’s GIC sells its half-stake in a Mumbai mall, and Fitch puts industrial giant GLP on a negative ratings watch. Also happening in India, Blackstone’s Nexus Select Trust IPO was oversubscribed on the… Read More>>
Orix JREIT Buying Central Tokyo Residential Project From Daiwa House Unit for $17M
Orix JREIT has agreed to buy an under-construction Tokyo residential project for JPY 2.2 billion ($17 million) and sell an ageing apartment building for JPY 2.9 billion in an exchange with a unit of development giant Daiwa House.
The $5.2… Read More>>
Daiwa House Industry Checks Out of Resorts and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Japanese developer Daiwa House Industry sells its resort hotel business, and mainland power couple Celine and Gordon Tang buy more shares of Singaporean builder Chip Eng Seng.
Daiwa House Industry… Read More>>
Hong Kong’s Key Rate Jumps 75 Basis Points and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Hong Kong’s de facto central bank raises its base rate to the highest level since March 2008, prompting the city’s finance chief to issue a statement downplaying the likelihood of a sharp property… Read More>>
Macquarie Buys Into SG Data Centre Firm’s UK Unit and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Aussie giant Macquarie’s fund management arm picks up a stake in the UK unit of Singapore’s ST Telemedia Global Data Centres, Hongkongers lose their appetite for Greater Bay Area homes, and luxury brand… Read More>>
Daiwa House Logistics Trust’s Singapore IPO 9.5 Times Subscribed
Units of Daiwa House Logistics Trust began trading Friday afternoon on the Singapore Exchange after the Japan-focused industrial REIT’s IPO proved a smash hit with investors.
Priced at S$0.80 per unit, the public offering comprised an international placement of 219,438,000… Read More>>
Japan’s Daiwa House Raising $423M From SGX IPO of Logistics REIT
One of Japan’s biggest developers is set to close the S$575.5 million ($423 million) public offering of Daiwa House Logistics Trust on Wednesday, with trading of the REIT to begin Friday afternoon on the Singapore Exchange.
DHLT, sponsored by Tokyo-listed… Read More>>
Goldman to Double Asia Alternatives Business and More Asia Real Estate Headlines
Wall Street titan Goldman Sachs leads today’s roundup of Asia real estate headlines with the big bank saying that it plans to double its alternative investments in the region, according to a freshly published interview.
Evergrande also finds its way… Read More>>
Blackstone Buying JPY 55B in Japanese Warehouses and More Asia Real Estate Headlines
Warehouses are in the news again today as both Blackstone and Singapore’s GIC make logistics real estate investments in core Asia Pacific markets.
While two of the world’s largest investors seek safety in sheds, an eccentric Beijing business park builder… Read More>>