Frasers Property Ltd and Frasers Centrepoint Trust, a REIT managed by a unit of the Singapore-listed developer, are together acquiring an additional 31.66 percent stake in a PGIM retail real estate fund that owns a set of suburban Singaporean malls,… Read More>>
Kowloon West Megasite Could Sell for HK$100B and More Asia Real Estate Headlines
Leading today’s top real estate stories from around the region, developers from Hong Kong and the mainland may soon be scraping up their change to bid for a prime commercial site atop Hong Kong’s high-speed rail terminus which could sell… Read More>>
Frasers Property Acquires German Developer Alpha Industrial for $353M
Frasers Property has purchased a portfolio of 22 industrial properties in Germany and Austria for $353 million, as the developer formerly known as Frasers Centrepoint adds to its European platform.
The Singapore-listed firm announced Monday that it has agreed to… Read More>>
Greenland Bets on E-Sports Arenas And More Asia Real Estate Headlines
Today’s news roundup takes a detour into China’s booming e-sports scene, with top-six mainland developer Greenland pledging to build stadiums and theme parks across the country’s biggest cities to cater to legions of computer gaming fanatics. Another top property group… Read More>>
Frasers Centrepoint Bids S$955M for Former Zouk Site and More Asia Real Estate Headlines
Singapore’s development fever leads the regional news again today as the city’s best-known Thai-owned developer leads the bidding for a condo site which remains vaguely familiar from Mingtiandi’s misspent youth. Also in the headlines, Southeast Asia’s fine city is all… Read More>>
Asia Real Estate People in the News 2017-11-20
In this week’s edition of People in the News, a top executive at a formerly troubled Shenzhen developer is joining the board of another builder in the southern Chinese megacity, while an asset management expert is upgrading his title at… Read More>>
China Sanctions HNA for Related Party Deals and More Asia Real Estate Headlines
China’s cross-border investors continue to draw regulatory ire today, as the country’s insurance regulator slaps HNA for using its insurance division as a slush fund. Also in the news, Tujia.com raises a war chest for its own international expansion, and… Read More>>
Frasers Centrepoint Buys UK Business Parks From Oaktree for $906M
Singapore-listed Frasers Centrepoint is taking a bet on British business parks by acquiring a portfolio of UK properties around London and Glasgow, Scotland for £686 million ($906.2 million). The international property firm is purchasing the 4.9 million square foot (450,766… Read More>>
Shui On to Sell Shanghai Homes for RMB 300k Per SQM and More Asia Real Estate Headlines
Shanghai-based Shui On Land is hoping the city’s property boom lasts long enough for it to sell homes near its Xintiandi complex for RMB 300,000 ($44,000) per square meter, while on the Hong Kong stock exchange, investors are already selling… Read More>>
Goldman Sachs Predicts 20% Drop in Hong Kong Home Prices and More China Real Estate Headlines
The world’s best known investment bank just cut its outlook for Hong Kong property stocks in the same week that Moody’s gave a negative prediction for nearly half of the mainland real estate industry, a pair of moves which could… Read More>>
