A pair of Softbank ventures at different stages of the venture-fueled business arc lead Mingtiandi’s collection of real estate headlines today, as the FT reports that WeWork now has more than 15,000 empty desks in Shanghai alone. That struggle in… Read More>>
Salesforce to Anchor Lendlease, Ping An, Mitsubishi JV in Sydney and More Asia Real Estate Headlines
A skyscraper down under leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a three-way joint venture between a major Australian property group, a Tokyo-based developer and the real estate arm of a… Read More>>
Lendlease Launches S$1B Singapore Commercial REIT and More Asia Real Estate Headlines
A commercial real estate investment trust sponsored by an Australian developer leads the way in Mingtiandi’s roundup of real estate headlines today with the news that the REIT has officially launched on the Singapore stock exchange, in an offering aiming… Read More>>
Lendlease Files for Singapore IPO of S$1.4B Commercial REIT
Lendlease has filed to list a commercial real estate investment trust on the main board of the Singapore stock exchange, according to a preliminary prospectus lodged and registered with the Monetary Authority of Singapore.
Including subscriptions from cornerstone… Read More>>
GIC Buys 25% of A$4.3B Sydney Office Fund From Lendlease, CPPIB
GIC is acquiring just over a quarter stake in a A$4.3 billion ($2.9 billion) Sydney office fund from Australia’s Lendlease and Canada’s CPPIB, according to an announcement by the Singapore sovereign wealth fund.
The purchase gives the Singaporean sovereign wealth… Read More>>
Asia Real Estate People in the News 2019-07-29
In this week’s edition of People in the News, the chief executive officer of the Indian arm of Emaar Properties hands in his resignation after thirteen months, citing personal reasons.
In other fresh moves around the region, a fund manager… Read More>>
ARA REIT Buys Adelaide’s Allianz Centre and More Asia Real Estate Headlines
A Singapore REIT leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the real estate investment trust has targeted Australia’s fifth largest city with a $104 million office buy.
In other news across… Read More>>
GIC, Equinix and Lendlease Announce $2B in Data Centre Ventures in Two Days
Cloud providers like Google, Microsoft and Alibaba, which house armies of servers in huge bit barns, demonstrated their appeal to real estate investors in Asia Pacific again this week, with two $1 billion data centre partnerships announced in two days.
JP Morgan Says HK Cooling Measures Miss Their Mark and More Asia Real Estate Headlines
Escalating house prices lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a top US investment bank says Hong Kong house prices will continue to climb, despite the government’s cooling measures, and a… Read More>>
Tencent Said Vying to Buy $3B Watsons Stake and More Asia Real Estate Headlines
Retail leads the way today in Mingtiandi’s collection of real estate news from around the region, as the parent company of China’s ubiquitous WeChat app is said to be aiming for a $3 billion stake in Li Ka-shing’s Watsons chain,… Read More>>