Australia’s Lendlease leads Mingtiandi’s look at real estate headlines from around the region today as the developer gets some fresh investment amid challenges to its management plans. Also in the news, regional data centre platform NextDC plans to raise cash… Read More>>
Cromwell E-REIT Sells Poland Office Asset and More Asia Real Estate Headlines
Cromwell European REIT leads Mingtiandi’s headline roundup today as the SGX-listed trust divests a non-core office property in Poland for $17 million. Also making the list, Singapore condo rents could start to head downward as vacancies rise and the mainland… Read More>>
PDG, Lendlease Complete Initial 48MW Phase at Greater Tokyo Data Centre
Singapore-based Princeton Digital Group and Australian builder Lendlease have completed construction of the 48-megawatt first phase of the data centre platform’s first project in Japan.
The six-storey facility in Saitama City, 30 kilometres (18.6 miles) north of central Tokyo, is… Read More>>
Lendlease Posts $89M Six-Month Loss as Comeback Stalls Amid Valuation Slide
Lendlease posted a fiscal first-half loss after tax of A$136 million ($89.2 million), narrowing from a year-earlier loss of A$141 million but casting doubt on the trajectory of the troubled Australian builder’s comeback.
Stung by a A$125 million drop in… Read More>>
Lendlease Sues Oceanwide Over LA Project and More Asia Real Estate Headlines
China Oceanwide’s creditors, including Aussie contractor Lendlease, have gone to court to force the sale of the developer’s Los Angeles project, with that news leading today’s roundup. Also making the list, industrial giant Goodman eyes data centre projects with an… Read More>>
Manulife Wins Approval for Recapitalisation Plan and More Asia Real Estate Headlines
One of Singapore’s most troubled REITs leads today’s collection of real estate headlines from around Asia as investors swallow terms for a bailout of Manulife US REIT. Also in the news, Country Garden avoids its first domestic bond default and… Read More>>
GLP in Talks to Sell Mainland Assets and More Asia Real Estate Headlines
Warehouse giant GLP leads today’s collection of real estate headlines from around the region with the industrial specialist in discussions to sell some of its mainland assets to China Railway Materials. Also in the news, iPhone maker Foxconn is reported… Read More>>
ESR, China Merchants Seek Buyer for Oz Portfolio and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, industrial giant ESR is reported to be putting its Australian portfolio with China Merchants Capital up for sale, and Wuxi joins other Chinese cities in scrapping homebuying curbs. Also making the list are… Read More>>
Brookfield India REIT Hit With $3M Quarterly Loss and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Brookfield India REIT reports some red ink and China’s property investment slump deepens. Also on the list are Beijing’s new task force to examine risks at a large wealth manager and a pair… Read More>>
Blackstone Looks to Refill Japan Portfolio and More Asia Real Estate Headlines
Japan leads today’s roundup of real estate headlines from around the region, with Blackstone talking up its recent series of disposals in Asia’s second-largest economy. Also in the news, SGX-listed Manulife US REIT will halt distributions for the first half… Read More>>
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