Asia Pacific real estate investment news and information
Hong Kong-listed developer Kerry Properties on Tuesday revealed details of a supersized mixed-use project in Shanghai’s central Huangpu district after acquiring the land use rights to a set of four development plots for RMB 13.3 billion ($2.1 billion).
Kerry, which… Read More>>
Delhi’s top court has rejected a plea from a retail unit of billionaire Kishore Biyani’s Future Group to quash Singapore arbitration proceedings filed by e-commerce giant Amazon, dashing the troubled Indian retailer’s hopes to overturn a case that… Read More>>
China Evergrande Group on Tuesday confirmed earlier accounts that Hainan officials had ordered the debt-saddled developer to demolish several dozen buildings at its Ocean Flower Island resort megaproject in the province.
In a filing with the Hong Kong stock exchange,… Read More>>
Mainland developer Sunac China Holdings’ property management unit has terminated an October deal to acquire a services affiliate of competitor Modern Land, which announced a large offshore debt default less than 20 days after the preliminary agreement was struck.
Hong… Read More>>
Mapletree Investments is proposing to merge Mapletree Commercial Trust (MCT) and Mapletree North Asia Commercial Trust (MNACT) in a S$4.22 billion ($3.13 billion) deal which would create Asia’s seventh-largest REIT.
If shareholders approve, the merger would establish Mapletree Pan Asia… Read More>>
Singapore’s commercial real estate market rebounded sharply in 2021 with $9.6 billion in deals recorded across all property types as of mid-December, up from $3.2 billion in pandemic-struck 2020, according to Real Capital Analytics.
Including deals pending closure by year-end,… Read More>>
LaSalle Investment Management has closed on its joint acquisition alongside a unit of Shanghai-based developer Jingrui Holdings of a retail and hotel property in the megacity’s Hongqiao area, with plans to convert the distressed asset into a multi-family residential project.
After more than a decade of daily updates on the region’s real estate happenings and two years after launching our MTD TV video platform, Mingtiandi is proud to provide our Mingtiandi membership service to bring unified registration for our news… Read More>>
A Hong Kong hedge fund led by a professional poker player sees China Aoyuan Group as a busted flush, and Nine Masts Capital has joined Citibank in taking legal action to recoup more than $131 million owed to them by… Read More>>
Keppel DC REIT has added a third UK property to its portfolio through a £57 million ($76.45 million) acquisition announced this week, as it faces new competition on the Singapore Exchange.
The Singaporean trust has agreed to buy a freehold… Read More>>
