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the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the Hong Kong-listed REIT has withdrawn from talks to back a cash-strapped UK shopping centre owner’s £1… Read More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