Asia real estate and outbound investment news
AVJennings has accepted Proprium Capital Partners’ A$365 million ($228 million) bid to take over the Australian homebuilder, as Singapore-based Ho Bee Land chose not to follow up its own acquisition proposal with a binding offer.
US investment manager Proprium and… Read More>>
A set of Singapore moves lead this week’s review of personnel changes from around Asia, with a Keppel-sponsored REIT bidding farewell to its chair and an SGX-listed developer naming a new boss for its UK business.
Frasers Property announces a Shanghai residential project in collaboration with mainland builder Gemdale, with that joint venture leading today’s headline roundup. Also making the list, Singaporean giant CDL posts a steep profit drop and Hong Kong’s Sino Land reports its… Read More>>
With Australia already accounting for more than a third of business, Singapore property player Ho Bee Land on Wednesday made a A$390.7 million ($242.3 million) bid to add a local developer to its presence Down Under.
Ho Bee Land made… Read More>>
Manhattan-based Tishman Speyer sets up an Indian joint venture to acquire land for an office project in Chennai, with that story leading Mingtiandi’s headline roundup today. Also in the news, SGX-listed developer OUE swings to a first-half loss and Singaporean… Read More>>
Singapore’s commercial real estate is showing signs of a pulse this month with developer Ho Bee Land announcing early Monday that it has agreed to sell a 49 percent stake in a life science complex in the city-state’s One North… Read More>>
Bain Capital leads Mingtiandi’s headline roundup today as the US fund manager aims to invest $31 billion in Japan over the next five years. Also making the news, South Korea’s Lotte REIT mortgages a Gangnam department store as it raises… Read More>>
Singapore-listed developer Ho Bee Land has swung to the red in 2023 with an attributable net loss of S$259.8 million, as fair value losses on its London investment properties and higher interest expenses dented the company’s profitability.
The company’s loss… Read More>>
SGX-listed developer Ho Bee Land leads today’s roundup of real estate headlines with a warning of losses on the way in its 2023 results as the country’s property woes seep into industrial markets. Also making the news, China’s real estate… Read More>>
In today’s roundup of regional news headlines, Singapore’s Ho Bee Land posts a six-month loss tied to the falling value of its London properties, and Chinese developer Fantasia’s shares tumble after a long trading halt. Also making the list are… Read More>>
