A top level change at a North American pension fund manager leads this week’s collection of personnel moves from around the region with a board shift at China Resources Land also making the list. Manulife US Real Estate Investment Trust… Read More>>
Asia Real Estate People in the News 2023-04-17
This week’s roundup of real estate people moves gets started with a property agency reaching into the world of auto racing to supercharge the launch of its private office division in Hong Kong. Also making the list are board level… Read More>>
Asia Real Estate People in the News 2023-04-10
Southeast Asia’s largest real estate group keeps expanding its fund management business with the latest addition to the CapitaLand team leading this week’s round of people moves on Mingtiandi. Also getting mentions are new board members at developers Goodman and… Read More>>
Goodman Enters Air Cargo Logistics JV at Japan’s Narita Airport
Goodman Group will join with local partners in developing air cargo logistics infrastructure on a 70 hectare (172 acre) site at Narita International Airport, as the Aussie industrial specialist carries out a plan to expand its development workbook in Japan… Read More>>
China Home Prices Ticked Upwards in February and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, an uptick in new home prices across 70 Chinese cities offers the promise of a steadying market, and Tokyo-listed Nomura Real Estate Master Fund plans to buy four senior care homes across Japan.
Hong Kong Strata Industrial Sales Crash 66% in Q4 as Supply Chain Woes Continue
Modern warehouse rents in Hong Kong declined 1.5 percent in the fourth quarter of last year as a slumping logistics market weighed on local third-party logistics (3PL) operators, while sales of stratified industrial space plunged 66 percent during the quarter,… Read More>>
Goodman Said Planning Buy of a Floor in Kowloon Industrial Building for $46M
Goodman Group is said to be conducting due diligence on a potential purchase of a floor of the Sunshine Kowloon Bay Cargo Centre in Hong Kong, in a deal, which would give the Australian developer ownership of more than a… Read More>>
Australia’s Goodman Opens 400MW Hong Kong Data Centre Campus
Australian industrial specialist Goodman Group on Wednesday opened a data centre complex in Hong Kong’s New Territories with up to 400 megawatts in overall power capacity, creating one of the city’s largest digital infrastructure facilities.
The bit barn is part… Read More>>
Goodman Buying Hong Kong Industrial Building From Stan Group for Reported $66M
Goodman Group late last month agreed to acquire nearly three-quarters of an industrial building in the New Territories from the family of Hong Kong’s late “Shop King” Tang Shing Bor as the Australian developer looks to expand its now fully… Read More>>
Goodman Sells 3 Melbourne Industrial Properties to Singapore’s FLCT for $42M
Frasers Logistics & Commercial Trust has agreed to acquire three newly completed industrial properties near Melbourne for A$61 million ($42.5 million), as the REIT continues to spend cash obtained from the disposal of a Singapore commercial complex earlier this year.
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