A preferential offering by Lendlease Global Commercial REIT suffered a rare setback on the Singapore Exchange late last week, with investors taking up just 62.2 percent of the S$196.6 million ($153 million) placement in the face of ongoing uncertainty caused… Read More>>
GLP Plans $20B Hong Kong IPO and More APAC Real Estate Headlines
In today’s review of real estate news from around Asia Pacific, Singapore logistics giant GLP seeks a $20 billion valuation for a planned Hong Kong IPO, a Barings-led consortium moves to acquire Melbourne’s Moorabbin Airport from Goodman Group for more… Read More>>
Amazon Plans $535M Robot-Powered Shed in Queensland and More APAC Real Estate Headlines
In today’s review of real estate news from around the region, Amazon Australia commits more than A$750 million to build Queensland’s first robotics fulfilment centre, Mapletree breaks ground on a warehouse near Kyoto’s city centre, and Hong Kong authorities raid… Read More>>
Lendlease Selling 30% Stake in Singapore’s PLQ Mall for $210M as REIT Takes Full Control
Australian builder Lendlease has agreed to sell its 30 percent stake in Singapore’s PLQ Mall to its sponsored REIT for S$265.5 million ($210 million) including equity and assumed debt.
The deal will give Lendlease Global Commercial REIT full control of… Read More>>
AXA Set to Lease 3 Floors in SHKP West Kowloon Project and More APAC Real Estate Headlines
Hong Kong’s recovering office market leads today’s look at real estate news from around Asia Pacific, with a top European insurer pondering a move to West Kowloon. Also making the list are a potential new owner for a stalled Los… Read More>>
Lendlease Swings to Six-Month Loss of $225M on Soured Property Valuations
Lendlease reported a loss of A$318 million ($225 million) for the six months to the end of December, as the Australian builder continues to execute on a multi-year overhaul aimed at scaling back overseas development and focusing on domestic operations.
Thailand’s Minor Plans Singapore Hotel REIT and More APAC Real Estate Headlines
A Singapore REIT plan for Thailand’s biggest hotel owner leads today’s look at real estate news from around the region as Bangkok-based Minor International plots a hospitality IPO. Also making our list today are Lendlease delaying a Melbourne office project… Read More>>
Brookfield Nears $318M Sydney Office Deal and More APAC Real Estate Headlines
Sydney’s recovering office market leads today’s look at real estate news from around Asia Pacific, as Brookfield is said to be nearing a deal with local player Centuria. Also making the headlines are Kerry Properties picking up a residential site… Read More>>
Lendlease CEO Tony Lombardo Resigns to Return to Southeast Asia
Lendlease, the once-vaunted Australian property and infrastructure group, has confirmed that group chief executive officer Tony Lombardo will step down in August 2026, capping a turbulent chapter marked by shareholder unrest, weak financial performance and sweeping changes at the top… Read More>>
Oxford, Investa Sell Sydney Office Building for $71M and More APAC Real Estate Headlines
Australia’s reviving office markets leads today’s look at real estate news from around the region, as Canada’s Oxford Properties exits a North Sydney asset. Also making the list are a deal to recapitalise a Lendlease retail fund and Singapore’s CapitaLand… Read More>>
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