Another acquisition could be on the way for the world’s largest real estate fund manager as Blackstone has won approval for its $6.3 billion bid for Australia’s Crown Resorts, with that story leading our roundup today. Also in the news,… Read More>>
In today’s roundup of regional news headlines, Singapore sovereign investor GIC eyes an investment in a Bengaluru commercial project, China’s declining home prices decelerate for a second month, and Australia’s Lendlease tumbles to a first-half loss as the developer seeks… Read More>>
PAG has agreed to buy an office and retail complex in Singapore’s central business district from Singapore-listed Frasers Logistics & Commercial Trust for S$810.8 million ($603 million).
The Hong Kong private equity player is buying the Cross Street Exchange near… Read More>>
The ongoing debt struggles of China Evergrande Group lead the region’s real estate headlines again today, with chairman Xu Jiayin having to face local regulators in Guangdong to explain the developer’s restructuring plan and an unnamed creditor demanding payment on… Read More>>
In today’s roundup of regional news headlines, ESR’s Aussie logistics venture with GIC acquires a Melbourne industrial project and troubled mainland developer Kaisa Group may be running out of options as creditors give its bond swap offer the cold shoulder…. Read More>>
Management continuity at Korea’s largest pension fund leads our list of Asia Pacific personnel moves this week as the NPS has decided to extend the term of its chief investment officer for one more year.
Also included… Read More>>
In today’s roundup of regional news headlines, Chinese developer Gemdale’s US division secures a construction loan for a Seattle high-rise, Singapore’s CapitaLand spots opportunity as China tightens credit standards, and returning mainland students give a boost to Hong Kong’s mass-housing… Read More>>
Frasers Logistics & Commercial Trust is acquiring its first warehouse property in the UK as part of a S$548.7 million ($412.2 million) purchase of six European assets announced to the Singapore exchange on Monday.
FLCT’s new UK prize is being… Read More>>
In today’s roundup of regional news headlines, JLL China’s property management business reportedly attracts several local suitors, ESR-REIT looks to raise cash to fund acquisitions in Singapore and Australia, and the owner of The Straits Times prepares to spin off… Read More>>
Frasers Centrepoint Trust said late Friday that it had agreed to sell the YewTee Point mall in western Singapore for S$220 million ($164 million), the latest in a string of divestments for the SGX-listed REIT.
In a press release, the… Read More>>