Blackstone leads Mingtiandi’s collection of headlines from around the region with a plan to double its investment in India logistics with an eye to taking the business public. Also making the list, China’s Country Garden posts its biggest sales drop… Read More>>
GIC, ADIA Said in Talks Over Blackstone India Assets and More Asia Real Estate Headlines
Sovereign funds lead today’s roundup of real estate headlines from around the region as Blackstone is said to be in talks with potential buyers for some of the firm’s India holdings. Also making the news, Asia’s richest man sells his… Read More>>
Fortune REIT to Buy CK Asset Singapore Project and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Hong Kong’s Fortune REIT moves to acquire a CK Asset-built project in northeastern Singapore, two Chinese developers garner support from state-backed firms, and America’s Chapter 15 bankruptcy process hints at a way forward… Read More>>
GLP J-REIT Raises $253M for Warehouse Buy and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, GLP J-REIT raises $253 million via its accelerated global offering, South Korea’s Hana Alternative Asset Management eyes a 9.83 percent return on a US property loan, and luxury home rents resume their rise… Read More>>
New Flats Hit 13-Year High in 2017 and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, 2017 marked a 13-year high for the construction of private flats. And if that’s not enough to ease the city’s housing crisis, the operator of Kwai Tsing port facility is talking about building… Read More>>
Li Ka-Shing’s Fortune REIT Said Selling Hong Kong Mall to Pamfleet, Chelsfield for HK$2B
Fortune REIT, which is managed by an affiliate of billionaire Li Ka-shing’s CK Asset Holdings, announced this week that it is selling the Provident Square shopping centre in Hong Kong’s North Point area for HK$2 billion ($256 million). The buyer… Read More>>
Kwun Tong Workshop Sold for HK$1.6B and More Hong Kong Real Estate Headlines
An auction leads off today’s real estate headlines in Hong Kong, as an old industrial building Kwun Tong sold for over HK$1.6 billion. Redevelopment also looks on the way for a set of aging shops in Kowloon’s Tsim Sha Tsui… Read More>>
Mapletree to Raise $751M From New REIT Sales and More Asia Real Estate Headlines
Singapore-listed developer and investor Mapletree issued a flurry of news this week, including plans to raise $751 million in new cash through unit sales in a listed trust. In Hong Kong, Hang Lung’s Ronnie Chan, who bet heavily on China’s… Read More>>
Li Ka-Shing’s Fortune REIT Buys Kowloon Mall for $245M
ARA Asset Management (Fortune) Limited, the manager of Li Ka-shing controlled Fortune REIT has now closed on its HK$1.9 billion ($245 million) acquisition of the Laguna Plaza residential retail complex in Hong Kong, according to a recent statement from the company.