China’s one-time richest man leads today’s collection of real estate headlines from around the region as Wang Jianlin’s Dalian Wanda Group asks investors to give it a bit more time to try for a much-delayed Hong Kong IPO. Also making… Read More>>
ESR-REIT Begins $28M Redevelopment of Northern Singapore Industrial Asset
ESR-REIT has launched a S$38.5 million ($28.2 million) redevelopment of an industrial property in northern Singapore, with the SGX-listed trust creating a new facility on the site to the specifications of its existing tenant, Dutch manufacturer NTS.
The two-phase project… Read More>>
ESR-REIT, ALog Investors Approve Merger and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, unitholders agree to the merger of ESR-REIT and ARA Logos Logistics Trust, Temasek-backed Cuscaden Peak wins approval to acquire Singapore Press Holdings’ real estate assets, and Hong Kong developer K Wah posts a… Read More>>
Hong Kong Halves Rent Relief Period to 3 Months and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Hong Kong’s government backtracks on its planned six-month rent moratorium, Chinese developer Shimao reports slumping sales at its Shanghai-listed unit, and proxy advisors sign off on the proposed merger of ESR-REIT and ARA… Read More>>
ESR-REIT and ARA Logos Logistics Trust Managers Set 21 March Date for Merger Vote
The managers of ESR-REIT and ARA Logos Logistics Trust (ALOG) have set 21 March as the date for ALOG’s unitholders to vote on the Singapore-listed trusts’ proposed merger, with executives laying out the case for the deal to investors on… Read More>>
Evergrande Seeks to Delay Onshore Bond Payment and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, embattled China Evergrande seeks a six-month extension for repayment of an onshore bond, a Singapore-listed REIT acquires a set of logistics assets in the UK and the Netherlands, and the biggest-spending sovereign wealth… Read More>>
ESR-REIT Proposes to Create $4B Logistics REIT with Buyout Offer for ARA-Logos Trust
Just over three months after Hong Kong-listed ESR unveiled a deal to establish Asia’s largest fund manager by acquiring ARA Asset Management, the Hong Kong-based fund manager has proposed to upgrade ESR-REIT into one of the 10 largest real estate… Read More>>
Ping An Investments Probed by Govt And More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Ping An is reportedly under scrutiny by China’s government about some of the giant insurer’s property investments, while the world’s most indebted developer, China Evergrande, posts a 29 percent drop in first-half net… Read More>>
Hines Grabs Melbourne Site for Build-To-Rent Project and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, US developer Hines buys a Melbourne site for its first rental apartment project in Australia, Hong Kong’s Henderson Land aims to increase home supply after a fruitful first half, and a report highlights… Read More>>
Brookfield Buys Mumbai-Area Data Centre Site for $81M and More Asia Real Estate Headlines
India leads today’s roundup of regional news headlines, with Canada’s Brookfield securing land near Mumbai for a data centre site, Singapore’s Xander upping its Chennai warehouse space, and Google Cloud announcing a new cloud region in Delhi NCR. China Evergrande… Read More>>
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