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Chris Heady, head of Asia real estate at Blackstone

Blackstone Buys Sydney Logistics Complex From Charter Hall for $39M 

2024/04/30 by Beatrice Laforga Leave a Comment

Blackstone has acquired a south Sydney industrial complex from Charter Hall for A$55.75 million ($39.4 million), according to sources familiar with the transaction, as Australia’s logistics real estate market continues to show opportunities for rising income.

Colliers and CBRE, which… Read More>>

Ben Lee CapitaLand Development China

CapitaLand Sells Shanghai Ascott Apartments to Guangzhou Investor for Reported $166M

2024/04/29 by Kevin He Leave a Comment

CapitaLand Development has sold a serviced apartment property in Shanghai’s Xuhui district to a vehicle controlled by a mainland investor, as cash-rich corporate investors continue to seek discounted acquisition opportunities amid China’s property slump.

The 90-unit Ascott Heng Shan Shanghai… Read More>>

Claire Tang, LaSalle IM

LaSalle, Invesco, Greystar Joining Mingtiandi Hong Kong Forum on 14 May

2024/04/29 by Christopher Caillavet Leave a Comment

The countdown to Mingtiandi’s first in-person event of 2024 has reached the two-week mark, with more than 250 industry professionals expected to attend the Hong Kong Focus Forum at the Ritz-Carlton at the ICC on 14 May.

The forum will… Read More>>

Sureel Choksi CEO Vantage Data Centres

Vantage Data Centers Marketing Hong Kong Portfolio as Security Moves Centre Stage

2024/04/28 by Mingtiandi Team Leave a Comment

Just over one month after Hong Kong passed a new national security law banning unlawful acquisition, possession or disclosure of information deemed to be state secrets, one of the US’ largest data centre operators is looking to sell its facilities… Read More>>

Brian Riady

OUE Wins Tender for Development and Lease of Changi Airport Hotel

2024/04/27 by Christopher Caillavet Leave a Comment

Changi Airport has awarded a tender to OUE for the development and lease of a new hotel at the Singapore airfield’s Terminal 2.

The proposed 255-key Hotel Indigo Changi Airport is envisioned as the city-state’s first zero-energy hotel, Changi Airport… Read More>>

Jon Tanaka Hines

Hines Buys Greater Osaka Orix Shed to Expand in Japan

2024/04/26 by Christopher Caillavet Leave a Comment

Hines has acquired a fully leased warehouse in Greater Osaka for an undisclosed price, with the announcement coming less than two weeks after the US developer and fund manager revealed its purchase of an office building in central Tokyo.

Hines… Read More>>

110 Killiney Road

Hotel Project on Singapore’s Orchard Road on Market for $143M

2024/04/25 by Christopher Caillavet Leave a Comment

A long-delayed boutique hotel project in Singapore’s Orchard Road area has been put up for sale at an indicative price of S$195 million ($143.3 million), CBRE said Thursday.

The 115-key project is being offered to potential buyers via an expression… Read More>>

Lui Chong Chee

CapitaLand Ascott Trust Q1 Gross Profit Up 15% on More Demand, Bigger Portfolio

2024/04/24 by Christopher Caillavet Leave a Comment

CapitaLand Ascott Trust achieved a 15 percent increase in gross profit during the first quarter of this year, compared with the same period in 2023, with the trust’s managers citing sustained lodging demand and expansion of its portfolio as boosting… Read More>>

Sharon Lim of Mapletree

Mapletree Pan Asia Commercial Trust DPU Falls 7.3%, Income Jumps Post-Merger

2024/04/24 by Christopher Caillavet Leave a Comment

Mapletree Pan Asia Commercial Trust said its distribution per unit fell 7.3 percent in the fiscal year to the end of March, squeezed by higher interest rates, but net property income jumped 15.2 percent on the post-merger expansion of the… Read More>>

Mitsui Fudosan JV Approved for $5.8B Stadium-Led Project on Tokyo Fish Market Site

2024/04/23 by Poonyapat Luenam Leave a Comment

A joint venture led by Japan’s largest developer, Mitsui Fudosan, has won approval to develop a central Tokyo mega-project anchored by a 57,000-seat stadium, with the project on the former site of the Tsukiji market expected to cost around JPY… Read More>>

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