Asia real estate and outbound investment news
Chinese property investment firm Ping An Real Estate has put up for sale its half stake in Sydney’s A$2.4 billion ($1.67 billion) Salesforce Tower, according to reports published this week.
With the tower at 180 George Street in Circular Quay… Read More>>
In today’s roundup of regional news headlines, a fading fashion tycoon loses an office floor in Hong Kong’s Central as receivers shop the property, and China’s central bank will reportedly dangle cheap loans as an incentive to buy developer bonds.
In today’s roundup of regional news headlines, a deeper-than-expected rate cut by China’s central bank sparks a rally in developer stocks, South Korea’s government requests changes in Mirae Asset’s $3 billion deal for IFC Seoul, and MGM China injects cash… Read More>>
In today’s roundup of regional news headlines, CapitaLand’s development arm agrees to acquire a mixed-use site in Ho Chi Minh City, China Vanke readies a Hong Kong IPO of its property management division, and reports emerge of Evergrande’s EV unit… Read More>>
Investment in Singapore real estate climbed to S$20.2 billion ($14.5 billion) in the first half of 2022, up by 89 percent from the same period last year as investors continued to pursue commercial assets in the city despite growing uncertainty… Read More>>
Australian developer Lendlease has teamed up with Dutch pension fund and asset manager PGGM in a S$1 billion ($720 million) strategy that will invest in innovation and life science properties across Australia, Japan and Singapore, according to a joint announcement… Read More>>
Singapore’s return to normalcy may be paying dividends for owners of office assets, with news reports today showing that a full floor in Suntec City has changed hands at a record high price. Also in the news, Angelo Gordon is… Read More>>
Lendlease bested rival CapitaLand for a S$3 billion ($2.2 billion) redevelopment project in Singapore as the Lion City’s largest telecom provider announced Wednesday that it would team up with the Australian builder to rebuild its Orchard area headquarters.
The two… Read More>>
Senior hires at Lendlease and Blackstone lead Mingtiandi’s roundup of personnel moves from around the region this week, as the Australian developer finds a new head of data centres, and the US private equity firm adds to its credit division…. Read More>>
Chinese video-sharing service TikTok agreed to lease 4,800 square metres (51,667 square feet) in the tallest office tower in Sydney during the first quarter of 2022, as tenants across Australia upgrade to premium spaces amid a struggle to attract staff… Read More>>
