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China’s Ping An Real Estate Said Marketing Half Stake in Sydney’s Salesforce Tower

2023/02/10 by Beatrice Laforga Leave a Comment

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>>

Bank of America Tower (Getty Images)

Fashion Boss Losing Floor at HK’s Bank of America Tower and More Asia Real Estate Headlines

2022/11/25 by Christopher Caillavet Leave a Comment

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.

… Read More>>

China Rate Cut Boosts Developer Stocks and More Asia Real Estate Headlines

2022/08/22 by Proud Channara Leave a Comment

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>>

CapitaLand Thu Duc

CapitaLand to Acquire Vietnam Mixed-Use Site and More Asia Real Estate Headlines

2022/07/14 by Proud Channara Leave a Comment

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>>

Daniel Ding_hero

Singapore Real Estate Investment Reaches $14.5B, Nearly Doubling 2021 Level

2022/07/13 by Beatrice Laforga Leave a Comment

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>>

Justin Gabbani Lendlease

Lendlease, PGGM Form $780M APAC Innovation, Life Science Real Estate JV

2022/06/20 by Beatrice Laforga Leave a Comment

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>>

Suntech City Singapore

Floor in Singapore’s Suntec City Sells for Record Price and More Asia Real Estate Headlines

2022/06/13 by Michael Cole Leave a Comment

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's new CEO

Lendlease Beats CapitaLand for $2.2B Redevelopment of Singtel HQ in Singapore

2022/06/01 by Beatrice Laforga Leave a Comment

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>>

Sunita Bottse

Asia Real Estate People in the News 2022-05-31

2022/05/30 by McDowell Ramintas Leave a Comment

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>>

TikTok CEO Shou Zi Chew

TikTok Takes Four Floors in Sydney’s Salesforce Tower as Tech Tenants Expand

2022/05/26 by McDowell Ramintas Leave a Comment

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>>

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