The family of Singapore’s first elected president has put a mansion in one of the city-state’s poshest areas on the market, with that story leading today’s headline roundup. Also in the news, Malaysian builder Gamuda buys a data centre development… Read More>>
HMC Completes $1.4B Global Switch Australia Buy and More Asia Real Estate Headlines
HMC Capital completes its acquisition of Global Switch’s Australia arm, with that data centre deal leading today’s headline roundup. Also in the news, Singapore’s Golden Mile Complex reveals redevelopment details and K Wah founder Lui Che-woo dies at age 95.
China’s Wanda Finalising Deal to Pay Investors and More Asia Real Estate Headlines
Dalian Wanda is nearing an agreement that could help the troubled developer pay some of its pre-IPO investors, with that story leading Mingtiandi’s headline roundup today. Also making the list, a local executive is named as the buyer of three… Read More>>
Fosun Selling Stake in Steelmaker for $2B and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Chinese conglomerate Fosun plans to offload its interest in steel group Nanjing Nangang, and mainland new home prices climb at their fastest pace since last June.
Fosun Group Sells Nangang… Read More>>
Bids for Singapore’s Golden Mile Tower Continue and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, the collective sale of Singapore’s Golden Mile Tower enters the negotiation phase after its tender closes, and a Korean activist fund agrees to acquire Seoul-based Meritz Asset Management.
Golden Mile… Read More>>
Singapore Office Tower on Market for $473M and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a 1970s-era commercial tower heads for collective sale in Singapore, SGX-listed First REIT reportedly targets a portfolio of Aussie healthcare assets, and China’s stimulus measures boost Hong Kong-listed property stocks.
Perennial, Sino Land, Far East JV Buying Singapore’s Golden Mile for $505M
Perennial Holdings has teamed up with Far East Organization and its Hong Kong-based sister firm Sino Land to buy the Golden Mile Complex in Singapore for S$700 million ($505 million), as they plan to transform the iconic property into an… Read More>>
Evergrande Transfers Cash to Avoid Bond Default and More Asia Real Estate Headlines
Investors in Chinese developer bonds (and perhaps a few of the developer bosses) went home happier on Friday as reports emerged that China Evergrande has arranged funds to avoid default on a set of US dollar notes, and that story… Read More>>
AA REIT Completes $94M Singapore Industrial Buy and More Asia Real Estate Headlines
Warehouses lead Mingtiandi’s first headline roundup of the week with a Singapore-listed REIT closing on its purchase an industrial asset in the city’s Jurong area after agreeing to buy the property during August.
Also, in the news is a… Read More>>
Hong Kong Housing Dip is Done, Analysts Say and More Asia Real Estate Headlines
The biggest industry in Asia’s biggest wealthiest city is back on the rise according to a straw poll of property analysts, which puts their prediction of higher prices on the way for Hong Kong housing at the top of Mingtiandi’s… Read More>>