Keppel Land China, the mainland property arm of Keppel Corporation, has agreed to acquire a completed commercial property in Shanghai’s Zhangjiang High Tech Park for RMB 493 million ($69.23 million), according to an announcement by the Singapore-listed developer on Friday.
Korea Post Earmarks €200M for Global Housing Spend and More Asia Real Estate Headlines
South Korea leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the savings arm of the East Asian nation’s national postal service plans to spend up to €200 million in the US and… Read More>>
Keppel DC REIT Beefs Up SG Bit Barn Portfolio with S$585M Pair of Deals
Keppel DC REIT is set to acquire a pair of Singapore data centres in a pair of transactions totalling S$585.1 million ($426 million), according to an announcement by the manager of the Singapore-listed real estate investment trust.
The Singapore-listed data… Read More>>
Keppel Buying Office Building in Beijing’s Zhongguancun for RMB 197M
Keppel Land China, the mainland property arm of Keppel Corporation, has announced that it is acquiring an office building in Beijing for RMB 178.6 million ($25 million), as the company pushes forward with plans to grow its commercial real estate… Read More>>
Keppel Capital Buys Trio of Seoul Office Buildings From Samsung SRA for KRW 430B
Singapore private equity firm Keppel Capital has agreed to purchase a set of three Seoul office buildings for a combined KRW 430 billion ($370.5 million), according to an announcement by the firm on Monday.
Keppel Capital is buying the asset… Read More>>
Alpha Hits $1.1B Final Close on Alpha Asia Macro Trends Fund (AAMTF) III
Singaporean real estate private equity manager Alpha Investment Partners has announced the $1.1 billion final closing of its Alpha Asia Macro Trends Fund (AAMTF) III, its third pan-Asian value-add vehicle.
Having already invested in projects in Shanghai, Tokyo and Brisbane,… Read More>>
PGIM Said Buying Singapore’s 78 Shenton Way for S$680M
PGIM Real Estate is understood to have entered into an agreement with Alpha Investment Partners to buy 78 Shenton Way, a prime office property in Singapore from a fund managed by Alpha Investment Partners for around S$680 million ($494 million),… Read More>>
Keppel-KBS US REIT Buys Seattle Business Campus for $169M
Keppel-KBS US REIT on Monday announced that has agreed to buy a 21 building business park in Washington state, picking up the commercial assets some 15 minutes’ drive from Microsoft’s home office in Seattle for $175.7 million including fees of… Read More>>
SG Condo Owners Try for $1.89B Collective Sale and More Asia Real Estate Headlines
Leading today’s real estate headlines in the region, the owners of one of Singapore’s oldest condo complexes are hoping for the city’s biggest ever collective sale. While elsewhere in the city state, property agents are showing statistics of the first… Read More>>
HNA Said Shopping Radisson Hotels Amid Cash Crunch and More Asia Real Estate Headlines
China’s troubled HNA Group leads the region’s real estate news again today as the once-trigger happy buyer continues to unload assets around the globe. Chen Feng’s transport and tourism-focused group is now said to be selling off Minnesota’s Radisson Hotel… Read More>>
