Asia’s community of real estate professionals is starting off the new year with a set of top-level moves, as listed organisations in Shanghai and Singapore appoint new leaders. We also have all the details on new roles for leasing veterans… Read More>>
Keppel REIT to Add Southern Singapore Tower to Portfolio for $492M
Singapore’s Keppel REIT on Wednesday said it had entered into an agreement to acquire a 100 percent stake in Keppel Bay Tower, an office building in the city-state’s HarbourFront area, from Keppel Land Ltd, as the trust seeks to capitalise… Read More>>
Brookfield Buying $2B in India Commercial Assets and More Asia Real Estate Headlines
India continues to make headlines this week as Brookfield strikes a deal to buy $2 billion in commercial assets from a Bengaluru-based developer, just days after Blackstone inked its own $1.6 billion deal.
Singapore’s Mapletree also unveiled its own mega-deal,… Read More>>
Keppel REIT Buys Sydney Office Park Asset From Goodman for A$306M
The manager of Singapore’s Keppel REIT announced today that it has agreed to acquire an office building in suburban Sydney for S$306 million ($223 million), adding a sixth Australian commercial asset to its portfolio.
The SGX-listed trust is acquiring a… 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>>
Asia Real Estate People in the News 2019-12-09
In this week’s edition of People in the News, the vice president of China State Construction Engineering Corporation has resigned, while the chief executive of ANREV has stepped down after six years in post.
In other people moves around the… Read More>>
Mapletree Said Among Bidders for £4B UK Student Housing Group and More Asia Real Estate Headlines
Student digs lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a Temasek-backed investment unit is reportedly among the potential bidders for a UK student accommodation group valued at £4 million ($5.3 million).
Angelo Gordon Buys SG Office Tower From Keppel REIT for S$548M
Less than one month after closing on $1.3 billion in fresh cash for its latest Asia real estate fund, US private equity firm has agreed to purchase an office complex in Singapore.
The New York based fund manager has signed… Read More>>
Keppel REIT Buys PGIM Office Asset for $221M to Break into Seoul Market
Singapore-listed Keppel REIT has agreed to acquire a freehold Grade A office building located in Seoul’s central business district from PGIM Real Estate, for 252.6 billion won ($221 million), according to an annoucement by the listed trust’s manager.
Keppel REIT… Read More>>
Allianz Buys 20% of SG’s Ocean Financial Centre From Keppel REIT for $392M
European insurer Allianz on Friday announced that it has agreed to buy a 20 percent stake in the Ocean Financial Centre office tower in Singapore from Keppel REIT for S$537.3 million ($392.1 million).
Allianz’ investment in the grade A office… Read More>>