Signs of a shift in Australia’s housing market lead Mingtiandi’s first look at real estate news from around Asia Pacific of the new year, as rising interest rates seem to be driving down home prices in Sydney and Melbourne. Also… Read More>>
Keppel Sells Chennai Business Park to Nuvama-C&W Fund for $287M
Singapore’s Keppel Ltd has sold an office complex in Chennai to a fund managed by Nuvama Asset Management and Cushman & Wakefield for INR 25.5 billion ($287.4 million).
Temasek-backed Keppel unloaded the One Paramount business park after buying the 9… Read More>>
Keppel Education Fund Picks Up Sydney University Campus for $43M
Keppel Ltd has acquired a university campus in North Sydney for A$65.5 million ($43.2 million) as the Singaporean asset manager pursues value-add bets on education-related facilities.
The Temasek-backed firm picked up the Charles Sturt University campus from local developer Winten… Read More>>
Keppel DC REIT Buying Colt Tokyo Data Centre Leased to Microsoft in $551M Deal
Keppel DC REIT and its sponsor have agreed to buy a Greater Tokyo data centre from a Colt Data Centre JV in a deal valued at S$707 million ($551 million) after the recently opened facility was leased to Microsoft.
The… Read More>>
Keppel Said Selling Chennai Office Building for $311M and More Asia Real Estate Headlines
Indian offices lead today’s look at real estate headlines from around the region, with Keppel said to have found a buyer for a Chennai asset. BlackRock also makes the news with an MOU with Korea’s president and Blackstone is reported… Read More>>
Keppel Raises $700M for Education, Data Centre Funds After NZ Student Housing Deal
Singapore’s Keppel Ltd has raised fresh cash for two of its alternative asset investment strategies with the SGX-listed firm saying late Thursday that it has gained commitments of $700 million across the pair of funds.
After inking the first deal… Read More>>
Lendlease REIT Selling Office Zone of Singapore Complex to Keppel Funds for $359M
Lendlease Global Commercial REIT has agreed to sell the office component of a mixed-use complex in western Singapore to fund manager Keppel Ltd for S$462 million ($358.5 million).
The disposal of the office zone at Jem, a commercial development connected… Read More>>
Keppel H1 Profit Surges 25% After Hiving Off Non-Core Portfolio
Keppel Ltd on Thursday said first-half net profit rose 25 percent year-on-year to S$431 million ($333 million) on strength in the Singaporean conglomerate’s real estate and infrastructure businesses.
The profit figure excludes the group’s non-core portfolio for divestment, underscoring Keppel’s… Read More>>
HSBC Chairman’s Son Buys Hong Kong Homes for $29M and More Asia Real Estate Headlines
A Hong Kong banker’s son goes on a homebuying spree as prices crater in the city, with that story leading today’s headline roundup. Also in the news, Allianz and Keppel join a private lending deal for data centre firm Princeton… Read More>>
Link in Talks to Buy Dexus Warehouse for $100M and More Asia Real Estate Headlines
Hong Kong’s Link Real Estate Partners is negotiating the purchase of a Sydney shed, with that report leading today’s headline roundup. Also in the news, Singapore’s Keppel eyes a Sydney university campus buy and Dubai-based Damac plans to invest $2.3… Read More>>
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