China Evergrande is back in the headlines today as the notoriously distressed developer wins some extra time from domestic creditors. Also in the news, Bain Capital is making a debt investment in a Delhi developer, and AIMS APAC REIT is… Read More>>
Lendlease REIT Raises $478M From Equity Sale and More Asia Real Estate Headlines
While much of the region enjoyed a long holiday weekend, the manager of Lendlease’s Singapore-listed REIT may have been kept busy making spending plans with news of the trust’s successful fund raising leading Mingtiandi’s headline roundup today.
China housing prices… Read More>>
Singapore’s International Plaza on the Market for $2B and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore’s International Plaza is relaunched for collective sale at $2 billion, crypto exchange BitMEX says it’s laying off a quarter of its global workforce, and China Evergrande reportedly reaches an agreement with an… Read More>>
Guangzhou SOE to Guarantee Evergrande Debt and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, China Evergrande now has state-owned Guangzhou City Construction Investment coming in to help restructure its RMB 3.25 billion ($510 million) in debts, Kaisa Group Holdings joins a wave of developers unable to publish… Read More>>
Lendlease REIT to Buy Out Jurong East Commercial Complex for $1.5B
Lendlease Global Commercial REIT (LREIT) is raising its bet on suburban retail with a S$2.08 billion ($1.54 billion) deal that gives it full ownership of a mixed-used complex in Singapore’s Jurong East area.
The SGX-listed REIT has agreed to purchase… Read More>>
Lendlease REIT Investing $255M to Boost Stake in Singapore Commercial Complex
SGX-listed Lendlease Global Commercial REIT has agreed to pay S$337.3 million ($254.7 million) to boost its slice of a western Singapore mixed-use development, following a recent fundraising.
LREIT’s second major investment since its 2019 IPO will see the real estate… Read More>>
CDL Files for £500M London Office REIT and More Asia Real Estate Headlines
After a series of woeful headlines linked to its mainland China investments,, Singapore’s City Developments Ltd is back in the news today with a report that it has filed to list a set of London office properties on the SGX,… Read More>>
CK Asset Sells Asia’s Priciest Apartment at $59M and More Asia Real Estate Headlines
In Mingtiandi’s latest roundup of regional news headlines, a luxury Hong Kong apartment changes hands for a record-breaking price, a Chinese provincial court gives the go-ahead to HNA Group’s restructuring, and Singapore notches its strongest January home sales in eight… Read More>>
Chinese Developer Completes $450M NASDAQ Listing and More Asia Real Estate Headlines
Asia’s real estate world starts the second full week of the new year with a US unit of a mainland developer going public on the NASDAQ through a backdoor listing at a $450 million valuation.
Also in… Read More>>
GIC, TPG Invest Combined $1B in Reliance Retail and More Asia Real Estate Headlines
Singapore was celebrating Children’s Day on Friday but the country’s sovereign wealth fund was still hard at work making a $752 million India retail investment before the weekend, with US private equity firm TPG also putting some cash into the… Read More>>