New board appointments in Singapore lead Mingtiandi’s first roundup of personnel moves for May, as CapitaLand’s primary commercial REIT adds a new independent, non-executive director, and SGX-listed Heeton Holdings makes a similar change in its top decision-making body. There are… Read More>>
KKR Leads $1B Buy of Walmart’s Japan Grocery Business and More Asia Real Estate Headlines
Today’s roundup of regional news headlines features Walmart unloading its majority stake in a Japanese supermarket chain, embattled Goldin Financial scrapping a previously announced share placement, and resort operator Genting Singapore swinging to a net profit in the third quarter… Read More>>
ARA, Chelsfield Get S$385.8M Green Loan for SG Project and More Asia Real Estate Headlines
In today’s edition of our regional news roundup, a pair of fund managers clinch a green loan to finance the purchase and revamp of a Singapore building, Amazon pleads for a probe into what it calls insider trading by India’s… Read More>>
Mapletree Industrial Trust Completes Buy of 14 US Data Centres and More Asia Real Estate Headlines
Mapletree Industrial Trust Completes Buy of 14 US Data Centres
The manager of Mapletree Industrial Trust (MIT) on Tuesday said it has completed the acquisition of the remaining 60 per cent interest in 14 data centres in the US from… Read More>>
New World Selling HK Bus Biz for $410M and More Asia Real Estate Headlines
After selling some of its peripheral property holdings in Hong Kong during June, New World Development seems to be freeing up more cash with an agreement to sell off its Hong Kong bus franchises to a private equity fund managed… Read More>>
SG Investor Buys 97 UK Properties for $360M and More Asia Real Estate Headlines
London gets most of the attention from Asian investors but leading today’s set of real estate headlines from around Asia is a Singapore private equity firm betting $360 million on commercial properties in the UK’s small towns. Also, theme parks… Read More>>
Wanda Takes Theme Park Quest to Hunan in $16B Push and More Asia Real Estate Headlines
Wanda chairman Wang Jianlin is right where he likes to be, in the headlines. He revealed Dalian Wanda will spend $16 billion in Hunan province building malls, theme parks and various other things. Also of note, homebuyers are bailing on… Read More>>
ResortsWorld Casino and Greenland Group Korean Deals Halted
The new governor of South Korea’s Jeju island has decided that Chinese property projects in the gambling mecca, including a $2.2 billion casino and a 63-storey resort tower, need a second look and this could mean trouble for some mainland… Read More>>
Casino Investors Find They Just Paid for Chairman’s $53M Plane
After signing a daring deal in February to launch a US$2.2 billion resort and casino on Korea’s Jeju Island, the chairman of a little known Chinese real estate developer raised HK$661 million (US$85 million) to develop the project. Now, however,… Read More>>
Chinese Firm Teams with Sentosa Developer for US$2.2B S Korea Casino
A Chinese developer is teaming up with the company behind one of Singapore’s Sentosa casinos to invest US$2.2 billion in a new gambling-centred project in South Korea, the companies announced this week.
The joint venture between Genting Singapore Plc and… Read More>>