It’s the end of the year and there have still been a few transactions to wrap up before we start 2019, with Hong Kong development titan New World inking a pair of monster deals in the dwindling days of 2018… Read More>>
Blackstone Buys 50% Stake in Sydney Complex From PAG and More Asia Real Estate Headlines
Real estate investors across Asia seemed in a hurry to finish their Christmas shopping this past week with Blackstone closing a pair of deals in Sydney and India’s national capital region to go with a Shanghai acquisition and Singaporean investors… Read More>>
Keppel Buys 40% of Gemdale Nanjing Project for $206M and More Asia Real Estate Headlines
At the top of today’s real estate news the mainland subsidiary of a Singaporean developer buys into a Nanjing residential project, while the city-state’s biggest warehouse developer may be one of the few winners from Brexit, as UK authorities look… Read More>>
First Sponsor Sells Chengdu Hotel for $72M and More Asia Real Estate Headlines
Leading today’s roundup of headlines from around the region, a Singaporean developer is selling a commercial building in southwest China that houses the Millennium & Copthorne-managed M Hotel Chengdu to a local investor. Also in the headlines, US design and… Read More>>
Singapore Private Home Prices Jumped 3.1% in Q1 and More Asia Real Estate Headlines
At the top of today’s headlines, Singapore’s housing market is back into bull mode with prices of private homes rising 3.1 percent in the first three months of the year. In another bit of Lion City-driven news, a unit of… Read More>>
Keppel Land Buys Wuxi Site for RMB 2.5B With Plans to Build 2,755 Homes
Singapore’s Keppel Land has purchased an 18 hectare residential site in Wuxi, China, for RMB 2.53 billion ($387 million) via a government land tender, the company announced on Monday.
Approved for development of a gross floor area of about 360,500 square… Read More>>
Pair of Hong Kong Apts Sell for $149M and More Asia Real Estate Headlines
Prices for homes at Hong Kong’s Peak hit new highs this week as a pair of apartments sold for the equivalent of HK$132,000 per square foot. Also in the news, Singapore’s GIC is taking over a Lendlease project building a… Read More>>
Keppel Land Sells Zhongshan Yacht Club Project for RMB 2.9B
Keppel Land China has announced its RMB 2.9 billion ($440 million) sale of Keppel China Marina Holdings in Guangdong province as the unit of Temasek Holdings-backed Keppel Corp, seeks to “recycle assets” into China’s largest cities.
“The divestment is in… Read More>>
Blackstone Closes in on CRT Buyout And More Asia Real Estate Headlines
At the top of today’s news, US private equity giant Blackstone has received approval in principle to acquire Japanese shopping mall portfolio Croesus Retail Trust for around $650 million. Also in the headlines, Chinese-backed builder John Holland has picked up… Read More>>
Evergrande Gets 8 Investors to Back Mainland Listing and More Asia Real Estate Headlines
Fresh from getting slapped around by China’s insurance regulator over its attempted leveraged buyout of Vanke, Evergrande is back in the headlines this week with more news on a mainland list, and a $4.3 billion share sale. America’s president-elect also… Read More>>