New directors for a pair of Singapore-listed REITs lead this week’s review of personnel moves from around Asia’s real estate industry, as both Lendlease Commercial REIT and ESR-Logos REIT add to their boards. Also making the list is an upgrade… 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>>
ESR-Logos REIT Selling Singapore Building for $39M in Ninth Divestment in 10 Months
ESR-Logos REIT said on Monday that it has agreed to sell an industrial building on the west coast of Singapore for S$53 million ($38.5 million) in its ninth sale of a building from its portfolio in the past 10 months.
Asia Real Estate People in the News 2023-09-04
A board change at Singapore’s ESR-Logos REIT leads this week’s set of personnel moves from Asia’s property industry, with a major Indian commercial developer also naming new leadership. Other additions to the list come from defaulting developer Ronshine China and… Read More>>
HSBC Raises Hong Kong Prime Rate After Fed Hike and More Asia Real Estate Headlines
The rising price of borrowing leads today’s roundup of regional real estate news as Hong Kong’s largest bank raises interest rates to a 16-year high. Also in the headlines today, a pair of shophouses has changed hands in Singapore’s Serangoon… Read More>>
Mapletree Logistics Trust Unloads Malaysia Shed and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore-listed Mapletree Logistics Trust completes the sale of a warehouse in Malaysia and a sea-facing land parcel changes hands in Mumbai. Also on the list, Dalian Wanda’s property management arm repays an onshore… Read More>>
Hillhouse Identified as Buyer of $232M ESR-Logos REIT Singapore Portfolio
Hillhouse Capital has made its first major industrial buy in Singapore with Mingtiandi now able to identify the Chinese private equity major as the buyer of a set of five industrial facilities in the city-state sold by ESR-Logos REIT last… Read More>>
ESR-Logos REIT Offloads Seven Singapore, Australia Industrial Assets for $250M
ESR-Logos REIT is selling six industrial assets in Singapore and another logistics facility in Australia for a combined S$337 million ($250 million), allowing the SGX-listed trust to reduce its debt and lower gearing.
The REIT’s manager said on Friday that… Read More>>
ESR-Logos REIT Selling Singapore Warehouse and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore-listed ESR-Logos REIT agrees to sell a warehouse in the city-state’s western region, and Chinese banks underwhelm with a modest reduction in the mortgage reference rate. Also in the news, another deal for… Read More>>
Singapore’s 8M Buying Stanley Street Shophouse and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a spate of deals lifts Singapore’s shophouse market, and SGX-listed property firms are dealt a setback by the government’s surprise property tax hike. Also, in the news Keppel Data Centres plans to import… Read More>>