In today’s roundup of regional news headlines, heavily indebted developer Evergrande reportedly will repay a soon-to-mature bond early, South Korea’s IGIS Asset Management raises $200 million for European property investment, and China’s first REITs make their market debut with varied… Read More>>
CDL Said Exploring $891M Sale of Seoul Hotel and More Asia Real Estate Headlines
The trials of one of Singapore’s largest developers are leading Mingtiandi’s headline roundup again today as local media in South Korea report that the company is in talks to sell the Millennium Hilton Hotel in Seoul for nearly $900 million.
Mainland Fund Manager Sells Sydney Hotel for $140M and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a Chinese private equity firm reportedly sells a five-star Sydney hotel, casino operator Genting Singapore posts a first-quarter profit decline, and buyers jump on new flats for sale in Hong Kong’s Kai Tak.
Asia Real Estate People in the News 2021-02-08
Some of Asia’s biggest real estate investors are reshuffling their boards just before the spring festival break sends much of the region home for a few days. This week there are new independent directors at warehouse specialists ESR and ARA… Read More>>
Mapletree Logistics Trust Buys Hiroshima Warehouse and More Asia Real Estate Headlines
In Mingtiandi’s latest roundup of regional news headlines, Singapore’s Mapletree adds a Japanese warehouse facility to its logistics trust, a South Korean-led joint venture makes its own logistics purchases in middle America, and Singapore’s Metro Holdings launches a student housing… Read More>>
Cromwell, IGIS Complete Italian Warehouse Deal and More Asia Real Estate Headlines
Italian warehouses are in fashion this week as an Aussie fund manager and its Korean partner complete a $60 million purchase of a set of DHL facilities in the European nation.
Also in the headlines, while brokers look for… Read More>>
Mapletree, MNACT Buy $387M Seoul Tower and More Asia Real Estate Headlines
Some of Singapore’s biggest investors are upping their investments in Korea this week, at the same time that one of mainland China’s largest developer’s has decided to scale back its Australia operation after getting 20 projects started down under, as… Read More>>
Tencent to Open SE Asia Regional Hub in Singapore and More Asia Real Estate Headlines
WeChat has already become a point of controversy in India and the US, but that hasn’t dissuaded the messaging app’s parent firm, Tencent from plotting regional expansion, with the Shenzhen-based tech giant announcing plans this week for a new regional… Read More>>
Cromwell, IGIS to Buy Italian Logistics Assets From DHL for €52.5M
ASX-listed Cromwell Property Group said Wednesday it has tied up with South Korean real estate investor IGIS Asset Management to buy a set of Italian logistics assets from express giant DHL for €52.5 million ($61.6 million).
The DHL portfolio comprises… Read More>>
Canadian Pension Fund Boosts ESR Stake by 7% and More Asia Real Estate Headlines
Warehouses lead Mingtiandi’s real estate headlines from around the region today, with Warburg Pincus selling 7 percent of Hong Kong-listed ESR to a Canadian pension fund manager that had taken a cornerstone stake in the logistics developer’s IPO.
Read More>>
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