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Lee Jin Yong ARA

Singapore’s ARA US Hospitality Trust Buying Hotel in US Military Hub for $29M

2023/01/04 by Beatrice Laforga 1 Comment

ARA US Hospitality Property Trust is ready to work with Uncle Sam as the Singapore-listed REIT announced on Wednesday that it has agreed to buy a Hilton-branded property in one of America’s biggest military hubs for $29 million.

The ESR-controlled… Read More>>

nexus shantiniketan in bangalore

Blackstone Said Aiming for $500M India Mall IPO and More Asia Real Estate Headlines

2022/08/29 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, private equity giant Blackstone reportedly seeks a $500 million IPO of its India mall portfolio, Hong Kong home prices fall as interest rates creep higher, and two high-rise towers near New Delhi are… Read More>>

Millenium Hilton Seoul

CDL Said Selling Seoul Hotel to IGIS for $849M and More Asia Real Estate Headlines

2021/10/19 by Pimfha Chandhapradit Leave a Comment

Distress leads the news today with reports from Korea and mainland China showing signs of tough financial times for real estate firms, including Singapore’s CDL selling a Seoul luxury hotel after suffering a disastrous 2020.

Also, a fresh set of… Read More>>

Hilton - Clarence Tan_Senior Vice President_Development_Asia Pacific (1)

Hilton Launches Franchise Model in China, Pushes Luxury Brands in Key Asian Cities

2021/09/28 by Christopher Caillavet Leave a Comment

As Asia Pacific’s hospitality industry struggles to put COVID-19 in the rearview mirror and lure back wary guests, Hilton is trying to get a jump on the market with the launch of a large-scale franchise model in China and a… Read More>>

Bangan Logistics Park

Xander Buys West Bengal Warehouse Leased to Flipkart and More Asia Real Estate Headlines

2021/05/12 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, Xander Group becomes the latest player to tap the red-hot market for India sheds, Singapore property giant CapitaLand reports an operational recovery across portfolio asset classes, and SF REIT prices its Hong Kong… Read More>>

guo guangchang

Fosun Set to Lose 20% Cirque du Soleil Stake and More Asia Real Estate Headlines

2020/08/19 by Michael Cole Leave a Comment

Less than a year after Fosun saw its bet on the UK’s Thomas Cook end up in bankruptcy, the Shanghai-based investment firm is watching another bet on leisure spending head down the drain as creditors of Cirque du Soleil prepare… Read More>>

Asia Real Estate People in the News 2020-02-17

2020/02/17 by James Hatton Leave a Comment

In this week’s edition of People in the News, an SC Capital Partners executive director in Shanghai has stepped up to managing director, while a WeWork senior director of real estate has defected to JLL to head the China desk… Read More>>

Link Asset Management CEO George Hongchoy

Link REIT Pulls Out of UK Retail Investment and More Asia Real Estate Headlines

2020/02/12 by James Hatton Leave a Comment

Asia’s largest real estate investment trust leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the Hong Kong-listed REIT has withdrawn from talks to back a cash-strapped UK shopping centre owner’s £1… Read More>>

Hana Financial Teams Up to Buy Vienna Hilton for €370M

2019/08/13 by James Hatton Leave a Comment

Munich-based Wealthcore Investment Management has joined forces with a consortium of Korean investors including Hana Financial Investment to acquire the Hilton Parkview hotel in Vienna for €370 million ($414 million), according to an announcement by the German firm.

Wealthcore and… Read More>>

Xu Jiayin

Evergrande Buys Out SAAB Owner for $930M and More Asia Real Estate Headlines

2019/01/17 by Michael Cole Leave a Comment

Evergrande Group chairman Xu Jiayin seems determined to break into the world of electric cars, as the mainland property magnate this week agreed to pay nearly $1 billion to take over the Swedish electric car firm which controls the assets… Read More>>

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Singapore property giant CapitaLand on Thursday announced the upcoming retirement of CapitaLand Development CEO Jason … Read More>>

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Senior changes at developers in Hong Kong and mainland China lead this week’s review of personnel changes in Asia, with … Read More>>

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