Tough times at Singapore’s biggest real estate company lead Mingtiandi’s roundup of real estate headlines from around the region today as CapitaLand Investment says its revenue dropped by nearly a quarter in the first three months of the year. China’s… Read More>>
Singapore’s 3D Offers $160M to Boost J-REIT Stake and More Asia Real Estate Headlines
One of Singapore’s busiest activist investors seeks to boost its stake in a Japanese REIT, with that tender offer leading today’s headline roundup. Also making news, Tokyo-listed Kenedix REIT announces fresh acquisitions and China promotes a Hong Kong airport mega-project.
Asia Real Estate People in the News 2024-11-09
A board move at Hong Kong’s largest developer leads this week’s collection of personnel moves from around Asia as a former brokerage chief takes his leave. Also making the list are board moves at China’s Country Garden and Japan’s Tokyo… 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>>
Hong Kong’s Henderson Land Sees Earnings Fall by Half and More Asia Real Estate Headlines
Henderson Land leads Mingtiandi’s headline roundup today, with the blue-chip developer reporting a profit plunge aggravated by Hong Kong’s weak office market. Also making the list, Champion REIT sues an upscale Hong Kong gym chain over unpaid rent and Chinese… Read More>>
Singapore’s Mapletree Opening Office in Abu Dhabi and More Asia Real Estate Headlines
The growing role of Middle Eastern money in global real estate markets leads today’s list of real estate headlines from around Asia, as Singapore’s Mapletree opens up in Abu Dhabi. Also making the list is India’s Embassy REIT and bargain… 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>>
Chinese Developer Sells Sydney Project for $79M and More Asia Real Estate Headlines
Chinese property firms continue to cut their Australian holdings, with that story leading Mingtiandi’s headline roundup today. Blackstone is also making news as it champions easier business rules in India, and the same country’s Embassy REIT plans to raise $400… Read More>>
Sunac Exiting Stake in Sichuan Resort Project for $552M and More Asia Real Estate Headlines
Troubled mainland developer Sunac China did some spring cleaning just before the lunar new year holiday, with the company’s announcement of a $552 million Sichuan disposal leading Mingtiandi’s headline roundup today. Also in the news, KKR signs a deal to… Read More>>
Evergrande Selling Stake in Shanghai Project and More Asia Real Estate Headlines
China Evergrande again leads our roundup of real estate headlines from around Asia, with the troubled developer selling off its stake in a Shanghai project at a loss. Also in the news, Chinese authorities are rolling back restrictions on home… Read More>>