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>>
Asia Real Estate People in the News 2021-07-05
Asia’s real estate community has moved into the second half of 2021 with a flurry of personnel moves as a rebound in transactions sees developers and service providers eager to hire back some of the headcount lost during the pandemic.
Mainland Fund Manager Sells Sydney Hotel for $140M and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a Chinese private equity firm reportedly sells a five-star Sydney hotel, casino operator Genting Singapore posts a first-quarter profit decline, and buyers jump on new flats for sale in Hong Kong’s Kai Tak.
ESR-REIT Shares Tank on Asset Acquisition Plans and More Asia Real Estate Headlines
In our latest roundup of regional news headlines, Singapore-listed ESR-REIT’s share price takes a hit after some recently announced financial plans, and Shenzhen surges past world capitals in the league table of luxury home prices.
South Korean… Read More>>
JLL Eyes $500M From China Property Mgmt Sale and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, JLL China’s property management business reportedly attracts several local suitors, ESR-REIT looks to raise cash to fund acquisitions in Singapore and Australia, and the owner of The Straits Times prepares to spin off… Read More>>