In today’s look at the real estate headlines from around the region, a Korean pension fund is about to benchmark demand for Aussie sheds and Morgan Stanley sees Hong Kong homebuyers losing their property lust. Also in the news, you… Read More>>
PAG in Talks to Buy Sydney Office Tower From Dexus and More Asia Real Estate Headlines
Asian investment heavyweight PAG leads today’s list of real estate news from around Asia Pacific with news that the Hong Kong-based company is conducting due diligence on the potential acquisition of an office tower in Sydney. Also making the headlines… Read More>>
Singapore Assisted Living Tender Draws Four Bids and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, the tender for a private assisted living project in Singapore’s Kovan neighbourhood attracts meagre interest, and China’s Agile Group warns of an eye-popping 2022 loss.
URA Tender Draws Four Bids… Read More>>
Singapore’s Frasers Buying Pair of Sydney Office Buildings From Dexus Industria REIT For $106M
The Australian arm of Frasers Property is acquiring a pair of Sydney business parks from Dexus Industria REIT for a discounted price of A$160.5 million ($106.2 million) as the Singaporean heavyweight continues to boost its global presence.
Frasers Property Australia… Read More>>
Singapore’s Mercatus Said Marketing Stake In $790M Sydney Office Tower
Singapore’s Mercatus Co-operative is continuing to sell down its real estate portfolio, with sources familiar with the company’s plans saying that it is preparing to sell off a one-third interest in a Sydney office tower which it acquired just over… Read More>>
Dexus Mulls Exit From Industrial Portfolio and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Aussie developer Dexus contemplates a full exit from an industrial portfolio it put up for partial sale in June, Hong Kong’s Wharf REIC swings to a loss as COVID hits consumption, and office… Read More>>
Korea’s Mirae Buys 8 Amazon Warehouses for $520M and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, South Korean investor Mirae acquires eight Amazon-leased US warehouses, the Thai billionaire who controls Singapore-listed Frasers Hospitality Trust reportedly plans to take the REIT private, and Chinese developer Sunac moves to delay an… Read More>>
Jiayuan Selling Jiangsu Complex and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Chinese developer Jiayuan agrees to sell a mixed-used complex as it fends off wind-up petitions, Hong Kong rejects a New Territories housing plan submitted by two key builders, and shareholders approve ESR Cayman’s… Read More>>
Blackstone Buys Out GIC’s Half of $2.5B Dexus Aussie Logistics JV
Just months after selling Australia’s biggest logistics portfolio of the year, Blackstone is stocking up on more warehouses Down Under with the acquisition of a nearly half share in a joint venture holding 77 properties in the country’s major cities.
CIC Pulls Out of $674M Grosvenor Place Deal in Sydney as Blackstone Swoops
China’s sovereign wealth fund is abandoning its deal to purchase a 50 percent stake in Sydney’s Grosvenor Place office tower, with US private equity giant Blackstone reportedly stepping into the void as the buyer at similar price terms.
China Investment… Read More>>