Property giant Frasers is reportedly looking to sell its energy business in Australia, with that story leading today’s headline roundup. Also making the list, Singapore launches a residential site for tender and an Aussie self-storage operator fends off a takeover… Read More>>
Gaw Capital Enters Middle East With $150M Buy and More Asia Real Estate Headlines
Hong Kong’s Gaw Capital makes its Middle East debut with a residential buy in Abu Dhabi, with that acquisition leading today’s headline roundup. Also in the news, Frasers Property is said to be preparing a privatisation offer for its hospitality… Read More>>
Google Buys Malaysia Data Centre Site for $105M and More Asia Real Estate Headlines
Tech goliath Google picks up a data centre site on the Malaysian coast south of Kuala Lumpur, with that acquisition leading today’s headline roundup. Also in the news, Japan’s NTT moves to take private its NTT Data unit and Frasers… Read More>>
Morgan Stanley Buys Half-Stake in $380M Frasers Aussie Shed Portfolio
The real estate investment arm of banking giant Morgan Stanley has formed a 50:50 joint venture with Frasers Property to invest in an Australia industrial portfolio developed by the Singapore-based firm and valued at A$600 million ($380 million).
The set… Read More>>
Frasers Property COO Exiting in Management Shift and More Asia Real Estate Headlines
A leadership change at one of Singapore’s largest developers leads today’s review of real estate stories from around Asia as Frasers Property bids farewell to a top honcho. A Taiwan shipping tycoon also makes the news with a high-end Hong… Read More>>
Frasers Centrepoint Trust Buying Out Northern Singapore Mall for $880M
Frasers Centrepoint Trust has agreed to acquire the remaining half of a northern Singapore mall complex that it doesn’t already own for S$1.17 billion ($880 million), the SGX-listed REIT announced Tuesday.
The seller of Northpoint City’s south wing is a… Read More>>
Frasers, Gemdale JV Buys Site in Shanghai’s Songjiang and More Asia Real Estate Headlines
Frasers Property announces a Shanghai residential project in collaboration with mainland builder Gemdale, with that joint venture leading today’s headline roundup. Also making the list, Singaporean giant CDL posts a steep profit drop and Hong Kong’s Sino Land reports its… Read More>>
Frasers Property Chairman Charoen Retires as Developer Welcomes New Directors
Thai billionaire Charoen Sirivadhanabhakdi has retired from his role as chairman of Frasers Property as part of a board refresh at the Singapore-based real estate giant.
Charoen, the 80-year-old patriarch of Frasers Property’s controlling family, stepped down on 8 February… Read More>>
GIC Industrial JV Buys Vancouver Project for $100M and More Asia Real Estate Headlines
GIC teams with a Canadian REIT to buy a North Vancouver industrial project, with that deal leading today’s headline roundup. Also in the news, Singtel’s Nxera secures financing for a Singapore data centre and Temasek’s SeaTown lends $100 million to… Read More>>
Asia Real Estate People in the News 2024-12-09
A new chief for one of the Singapore exchange’s largest China REITs leads this week’s collection of personnel moves from around Asia, with CapitaLand China Trust naming a new CEO. Also making the list is a new Singapore hire for… Read More>>
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