India takes the lead in Mingtiandi’s roundup of real estate headlines today as a Blackstone-backed REIT aims to add $903 million in office assets to its portfolio. The manager of Asia’s biggest REIT also gets some ink as it renegotiates… Read More>>
WeWork India Scrambles After $100M Funding Deal Falls Through and More Asia Real Estate Headlines
The troubles of America’s biggest co-working company are being felt globally as the challenges of leasing desks in India lead Mingtiandi’s roundup of real estate headlines today with the news that Embassy Group, which set up the franchise, is selling… Read More>>
Henderson Land H1 Property Revenue Plunges 68% and More Asia Real Estate Headlines
Hong Kong’s property woes lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the developer founded by Kong Kong’s second-richest man has recorded a steep decline in revenue from its property business for… Read More>>
Mainland Home Prices Rise as HK Goes Quiet and More Asia Real Estate Headlines
Housing markets lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that home prices grew at their fastest pace in nearly half a year on China’s mainland, at the same time that sales in… Read More>>
ESR REIT Launches S$270M SG Expansion, New Equity Sale Days After IPO Scrubbed
Four days after ESR Cayman backed away from an impending $1.4 billion IPO, the warehouse developer’s Singapore affiliate today unveiled a trio of initiatives aimed at expanding its presence in Southeast Asia’s wealthiest city.
In a set of early morning… Read More>>
ESR Invests S$62.2M to Take Control of Singapore’s Sabana REIT
Pan-Asian logistics group ESR continued its mission to build a heavyweight player in Singapore’s fragmented industrial REIT sector this week, with a set of deals that boosts its stake in SGX-listed Sabana REIT to where it owns more units in… Read More>>
Hong Kongers Protest Artificial Island Plan and More Asia Real Estate Headlines
Hong Kong residents may be sick of the city’s ongoing housing crisis but at least a few thousand of them seem to have found the government’s proposed cure to be worse than the illness. Protests over the weekend lead today’s… Read More>>
Wing Tai in Talks to Buy London Bank HQ for $548M and More Asia Real Estate Headlines
In what could be a north Asia to southeast Asia handoff, the lead story in today’s collection of real estate headlines from the region tracks Singaporean developer Wing Tai’s potential purchase of a $548 million London asset from Korea’s Samsung… Read More>>
Singapore’s ESR-REIT, Viva Industrial Trust Propose $2.2B Merger
The managers of ESR-REIT and Viva Industrial Trust (VIT) have announced a proposed merger that would create Singapore’s fourth-largest industrial real estate investment trust by asset value, totalling about S$3 billion ($2.2 billion).
Through the proposed deal, which would mark… Read More>>
Warburg Pincus-Backed ESR-REIT Proposes Merger With Viva Industrial Trust
Warburg Pincus-backed e-Shang Redwood REIT (ESR-REIT) has proposed a merger with Viva Industrial Trust to create the fourth-largest Singapore-listed industrial REIT.
ESR-REIT announced the proposed merger with Viva Industrial Trust, a mainboard-listed business park and industrial REIT, this week after… Read More>>