The decline in Hong Kong’s commercial property market leads today’s property news today, as the billionaire Kwok family sees their fortunes slide by nearly $8 billion as Sun Hung Kai Properties, the developer that they control sees its stock price… Read More>>
Most of the region takes a day off on Friday but Asia’s real estate deal makers have been logging long hours before the holiday with those bright sparks at Blackstone putting the current crisis to good use by picking up… Read More>>
A Chicago office block leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a South Korean investor is offloading the 31-storey property for $225 million – just $7 million more than its acquisition… Read More>>
The managers of a pair of Frasers Property-sponsored real estate investment trusts have agreed to the terms of a merger, which if approved by their unit holders, will result in a single REIT with a portfolio valued at S$5.7 billion… Read More>>
A pair of Singapore-listed REITs lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the two real estate investment trusts are planning a merger that will create a super-REIT with a portfolio… Read More>>
Stephen Schwarzman’s team has had some luck with India’s tech parks lately and Mingtiandi’s headline roundup kicks off with news that there may be room for one more suburban office development in the investment manager’s portfolio.
Asian investments in European… Read More>>
Frasers Property is merging its Australian and European industrial and logistics businesses, along with the asset and property management of its Singapore-listed industrial REIT, into a single platform with S$5.4 billion ($4 billion) in assets, the company revealed this week.
Frasers Logistics and Industrial Asset Management has entered into agreements with subsidiaries of Frasers Property to acquire 12 freehold logistics properties in Germany and Australia on behalf of Frasers Logistics & Industrial Trust (FLT) at a value of A$644.7 million… Read More>>