A joint venture set up by Gordon Tang places the highest bid for a Singapore residential site, as the windsurfer’s latest moves lead today’s headline roundup. Also making the list, Bain Capital-backed Bridge Data Centres secures a large bank facility… Read More>>
Korea’s NPS Names Core Property Fund Managers and More Asia Real Estate Headlines
Korean pension giant NPS chooses a trio of asset managers to oversee a key domestic property fund, with that story leading today’s headline roundup. Also making the list, a Goodman exec sues an Aussie compatriot for defamation and Beijing heaps… Read More>>
Seoul Office Tower Set to Sell for $472M and More Asia Real Estate Headlines
A local beauty store giant reportedly outbids global investor BentallGreenOak for a central Seoul office tower, with that story leading today’s headline roundup. Also making the list, Guangzhou R&F sells a Melbourne residential site and Sino-Ocean wins court approval for… Read More>>
Australia’s Goodman Raising $2.8B in Equity to Propel Data Centre Growth
Goodman Group on Wednesday announced a plan to raise A$4.4 billion ($2.8 billion) in equity as the Australian industrial specialist seeks to have 500 megawatts of new data centre projects underway within the next 16 months.
The capital raise includes… Read More>>
CPPIB Exits Goodman US Warehouse JV With $1B Sale to Norway’s Norges
The Canada Pension Plan Investment Board has sold its interest in a North American warehouse partnership with Australia’s Goodman Group, dealing the 45 percent stake to Norway’s sovereign wealth fund last week for $1.07 billion.
The transaction with Norges Bank… Read More>>
Sekisui House REIT Buys Greater Tokyo Apartments and More Asia Real Estate Headlines
Sekisui House REIT is adding three residential assets to its portfolio as 2024 nears an end, with those transactions leading today’s headline roundup. Also making the list, OUE REIT completes the disposal of a Shanghai office tower and Keppel DC… Read More>>
China Home Prices Fall at Fastest Pace in 9 Years and More Asia Real Estate Headlines
China’s new home prices continue their slide despite signs that stimulus measures are having a stabilising effect, with that story leading today’s headline roundup. Also making the list, Singapore developer home sales reach a 2024 high and Japan’s Itochu Corp… Read More>>
Brookfield Boosts Aussie Shed Holdings to $830M and More Asia Real Estate Headlines
A Sydney project enlarges Brookfield’s Down Under logistics portfolio, with that story leading today’s headline roundup. Also in the news, Blackstone looks to refinance some of its AirTrunk-related debt and a convicted oil trader’s wife markets a Singapore mansion.
Goodman Completes 50MW, GDS-Leased Data Centre in Hong Kong
Goodman Group has completed a 50-megawatt data centre in Hong Kong’s Tsuen Wan West area, as the Aussie industrial specialist forges forward with a transformation that has digital infrastructure projects now accounting for 40 percent of its development pipeline.
The… Read More>>
Blackstone Nears $13.5B Buy of AirTrunk and More Asia Real Estate Headlines
The pursuit of Aussie data centre operator AirTrunk leads today’s headline roundup, with US giant Blackstone said to be closing in on a $13.5 billion buy. Also in the news, Chinese sovereign fund CIC seeks to sell its stake in… Read More>>
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