A hotel investment veteran leads this week’s review of people moves around Asia, as Singapore’s Far East Hospitality selects new leadership. Also making the list is a top level pension fund hire in Canada and some competition for talent in… Read More>>
Brookfield Commits $10B to Japan and More Asia Real Estate Headlines
Brookfield leads today’s collection of real estate headlines from around the region, with asset management giant vowing to invest $10 billion in Japan over the next five years. Also making the list, Hong Kong developer Lai Sun continues to struggle… Read More>>
Macau Magnate Sells Singapore Shophouses for $40M and More Asia Real Estate Headlines
A Macau businessman unloads a set of Singapore shophouses at a discount to their decade-earlier purchase price, with that deal leading today’s headline roundup. Also making news, WeWork India gets the nod for an IPO and Singapore’s Far East Hospitality… Read More>>
Banks Agree to $11.1B New World Refinancing and More Asia Real Estate Headlines
Hong Kong’s New World Development clinches a deal to refinance $11.1 billion in maturing debt, with that story leading today’s headline roundup. Also making the list, a Singaporean JV wins approval for a Sydney build-to-rent project and South Korea readies… Read More>>
Hilton to Open Singapore Hotel with UOL and More Asia Real Estate Headlines
A new hotel for Singapore’s Orchard Road area leads today’s roundup of real estate headlines from around the region as Hilton rolls out a new brand in Asia. Also in the news, Chongqing’s CC Land is refinancing a London retail… Read More>>
Korea’s NPS Buys Seoul Office Complex for $1.6B and More Asia Real Estate Headlines
South Korea’s top pension fund pays $1.6 billion for an office complex on its home turf, with that deal leading today’s headline roundup. Also in the news, CapitaLand’s China REIT posts a drop in distributions and Australia’s Macquarie closes its… Read More>>
China’s Country Garden Posts $24B Loss for 2023 and More Asia Real Estate Headlines
Embattled Chinese developer Country Garden posts a record loss for 2023, with that belated earnings release leading today’s headline roundup. Also in the news, CapitaLand India Trust reveals a data centre leasing deal and Paragon REIT’s sale of an Australian… Read More>>
AIMS APAC REIT Selling Singapore Warehouse for $18M and More Asia Real Estate Headlines
An industrial REIT announces plans to sell a western Singapore shed, with that disposal leading today’s headline roundup. Also making the list, China Evergrande seeks a buyer for founder Xu Jiayin’s private jet and Fosun Tourism bids to take itself… Read More>>
Commercial Complex on Singapore’s Orchard Road Up for Collective Sale at $699M
The Far East Shopping Centre along Orchard Road in Singapore has been put up for collective sale at a price of S$928 million ($699 million) in a move that could add to the rejuvenation of the famous shopping belt.
Owners… Read More>>
GIC Makes $122M Exit From Mumbai Mall Venture and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore’s GIC sells its half-stake in a Mumbai mall, and Fitch puts industrial giant GLP on a negative ratings watch. Also happening in India, Blackstone’s Nexus Select Trust IPO was oversubscribed on the… Read More>>