A difficult courtship between Blackstone and New World Development leads today’s review of real estate news from around Asia Pacific, with the Hong Kong developer said to be seeking alternative suitors who don’t expect to equate equity with decision-making rights…. Read More>>
Asia Real Estate People in the News 2025-08-04
A new boss for India’s oldest real estate investment trust leads today’s review of personnel moves from around Asia as Embassy Office Parks REIT reshuffles its management. Also making the list are senior level appointments at the operator of one… Read More>>
Hong Kong Debt Problems Spark Talk of ‘Bad Bank’ and More Asia Real Estate Headlines
Some of Hong Kong’s top lenders are said to be in talks on the creation of a “bad bank” to mop up non-performing loans, with that report leading today’s headline roundup. Also in the news, Canada’s Alimentation Couche-Tard drops its… Read More>>
India Regulator Forces Out Embassy REIT CEO Aravind Maiya
Aravind Maiya stepped down as chief executive of India’s first listed real estate investment trust on Tuesday after the Securities and Exchange Board of India (SEBI) directed the manager of Embassy REIT to suspend him from the position.
The decision… Read More>>
Embassy REIT to Buy $152M Chennai Business Park and More Asia Real Estate Headlines
India’s booming office park sector leads Mingtiandi’s headline roundup today with Embassy REIT planning to buy a Chennai property from its sponsor, Embassy Group. Also in the news, one of the mainland’s biggest banks has filed a wind-up petition against… Read More>>
Blackstone Sells Remaining Stake in India’s Embassy Office Parks REIT for $853.5M
Blackstone on Wednesday sold its remaining stake in India’s pioneering Embassy Office Parks REIT for around INR 71 billion ($853.5 million) via block sales on Indian stock exchanges, according to local media reports.
Affiliates of Blackstone exited the listed trust… Read More>>
Court Approves Sunac’s $10.2B Debt Restructuring and More Asia Real Estate Headlines
Sunac China Holdings could be on its way to becoming China’s first major developer to work out a debt restructuring deal with lenders, with that story leading today’s roundup of news from around the region. Also making the list is… 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>>
Asia Real Estate People in the News 2023-05-01
Mingtiandi leads off its first set of people moves for May with the appointment of new leadership for one of Asia Pacific’s longest-standing investment strategies. Also making our list this week are board level moves at Ping An Insurance, China… Read More>>
Bain Eyeing Stake in Blackstone’s Embassy REIT and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Blackstone reportedly holds talks with Bain Capital on the sale of a stake in Embassy Office Parks REIT, and China developer bonds snap back into shape on state-led support measures.