A final resolution to Singapore’s corruption case involving Ong Beng Seng leads today’s review of real estate headlines from around the region, with the tycoon pleading guilty to obstruction of justice. Also in the news, Warburg Pincus is said to… Read More>>
China’s Wanda Selling Luxury Yacht Maker at Half-Off and More Asia Real Estate Headlines
Chinese conglomerate Dalian Wanda is said to be selling yacht maker Sunseeker at a deep discount, with that report leading today’s headline roundup. Also making the list, two Japan REITs complete disposals of Tokyo properties and Global Switch explores the… Read More>>
BlackRock, YTL Set to Buy Citadines Raffles Place and More Asia Real Estate Headlines
The world’s biggest asset manager is said to be circling a set of serviced apartments at a Singapore skyscraper, with that potential deal leading today’s headline roundup. Also making the list, Japan’s Nippon Steel backs a Melbourne apartment project and… Read More>>
Shanghai Hotel Sold at Auction for $59M and More Asia Real Estate Headlines
A distressed sale in Shanghai leads today’s review of real estate headlines from around the region, with the hotel in Huangpu district selling online in less than an hour. Also in the news, China’s home sales continued to slide in… Read More>>
Asia Real Estate People in the News 2023-12-25
In this special Christmas edition of People in the News, the boss of a leading data centre operator heads for new horizons, one of China’s biggest real estate investors names a new chairman following a corruption scandal and Shanghai announces… Read More>>
EQT Makes Fresh Attempt at $6.5B Global Switch Buy and More Asia Real Estate Headlines
Sweden’s EQT has renewed its pursuit of Chinese-owned data centre operator Global Switch, with that deal leading Mingtiandi’s today headline roundup. Also in the news, CalPERS doubles down on climate-related investments and Blackstone turns its attention to Japan and India.
PDG Unveils Green Energy Deal for Indonesia Data Centre and More Asia Real Estate Headlines
Green energy in Indonesia leads today’s collection of regional real estate headlines as a Warburg Pincus-backed data centre operator continues to expand in Southeast Asia’s most populous nation. Also in the news, the Chinese owners of Global Switch may need… Read More>>
Evergrande Restructuring Details to Land This Week and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, defaulted developer Evergrande readies the terms of its long-awaited debt restructuring plan for a mid-week release, and China suspends the operations of Big Four accounting firm Deloitte.
Evergrande Preps Restructuring… Read More>>
CapitaLand India Trust to Buy Bengaluru IT Park and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore-listed CapitaLand India Trust agrees to acquire a Bengaluru IT park at a future date, and data centre giant Global Switch reaches an impasse with its potential buyers.
CapitaLand India… Read More>>
Fashion Boss Losing Floor at HK’s Bank of America Tower and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a fading fashion tycoon loses an office floor in Hong Kong’s Central as receivers shop the property, and China’s central bank will reportedly dangle cheap loans as an incentive to buy developer bonds.