In today’s roundup of regional news headlines, Singapore’s CapitaLand launches its second logistics private fund in India, Australian regulators approve the sale of a stake in a Sydney office tower to China’s sovereign wealth fund, and Canadian fund manager Ivanhoe… Read More>>
Korea’s NPS Acquires Melbourne Quarter Tower From Lendlease for $900M
The National Pension Service of South Korea has acquired a 100 percent interest in the 34-storey Melbourne Quarter Tower from Australian developer Lendlease for a reported A$1.2 billion ($900 million).
The largest and last of three office towers in Lendlease’s… Read More>>
Lendlease, Mitsubishi Form JV for $1.3B Sydney Tower and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Australia’s Lendlease enters a joint venture for a Sydney residential tower even as the group’s new CEO warns on earnings, while in Hong Kong a New Territories residential site goes for a higher-than-expected… 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>>
ESR-REIT Shares Tank on Asset Acquisition Plans and More Asia Real Estate Headlines
In our latest roundup of regional news headlines, Singapore-listed ESR-REIT’s share price takes a hit after some recently announced financial plans, and Shenzhen surges past world capitals in the league table of luxury home prices.
South Korean… Read More>>
Lendlease Promotes Justin Gabbani to Asia CEO, Names New Global HR Head
Australia’s Lendlease has filled out the succession picture for its top job in Asia, elevating a longtime company finance exec, and reaching into big four accounting firms to find new leadership for its talent efforts.
The real estate group announced… Read More>>
Lendlease JV Buys Redevelopment Site in SG’s Paya Lebar for $111.5M
A joint venture backed by Australian property firm Lendlease has agreed to purchase a pair of ageing buildings in Singapore’s rapidly evolving Paya Lebar area for S$150 million ($111.5 million), with plans to build a sustainable commercial project on the… Read More>>
Asia Real Estate People in the News 2021-03-22
Mingtiandi’s collection of people moves this week has a high tech tinge, as a newly launched data centre developer introduces a Morgan Stanley veteran as its new CFO, the former head of JLL’s eastern China operation joints a managed-office startup… Read More>>
Lendlease Taps Asia Head Tony Lombardo to Succeed Group CEO Steve McCann
Australian real estate group Lendlease is looking to Asia for its future, as the ASX-listed firm on Thursday announced that Tony Lombardo would become its new group chief executive from 31 May.
Lombardo, who is currently based in Singapore as… Read More>>
K Wah $1.55B Nanjing Project Headlines E China Surge and More Asia Real Estate Headlines
In our latest roundup of regional news headlines, Hong Kong’s K Wah spearheads a development surge in the Yangtze River Delta, a Singapore logistics trust becomes the latest recipient of green financing, and the board of India’s Embassy Office Parks… Read More>>
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