Cash for digital infrastructure leads today’s look at real estate headlines from around the region as AirTrunk wins the largest loan ever for a data centre in Singapore. Also making the news is China’s JD.com entering Hong Kong’s grocery sector… Read More>>
Ong Beng Seng Pleads Guilty and More Asia Real Estate Headlines
A final resolution to Singapore’s corruption case involving Ong Beng Seng leads today’s review of real estate headlines from around the region, with the tycoon pleading guilty to obstruction of justice. Also in the news, Warburg Pincus is said to… Read More>>
Shimao Founder Sells Sydney Office Tower to Lendlease for $1.6B Residential Project
The founder of Chinese developer Shimao Group has sold a central Sydney office tower to Australian builder Lendlease, which plans to redevelop the site into a luxury residential project with a gross end value of more than A$2.5 billion ($1.6… Read More>>
Invesco Buys Former Gaw Oakland Hotel for $70M and More Asia Real Estate Headlines
A California hotel formerly owned by Hong Kong’s Gaw Capital Partners sells at a deep discount, with that deal leading today’s headline roundup. Also making the list, Australia’s central bank pauses rate cuts and Bain Capital sells a stake in… Read More>>
Bain, Hana to Finance $438M Korea Stadium Complex and More Asia Real Estate Headlines
Private equity giant Bain Capital joins the financing for a stadium mega-project in South Korea’s Incheon, with that deal leading today’s headline roundup. Also in the news, Hong Kong’s New World Development seeks to sell China assets and a Sing… Read More>>
Singapore’s Pontiac Land Targeting More Aussie Deals and More Asia Real Estate Headlines
The Singapore-based owner of a Sydney hotel is on the lookout for more projects in the area, with that story leading today’s headline roundup. Also in the news, Indonesia’s Widjaja family nears a buyout of SGX-listed Sinar Mas Land and… Read More>>
ESR Selling Down Stake in Australia’s Cromwell and More Asia Real Estate Headlines
Hong Kong-listed ESR moves to pare its long-held stake in Australia’s Cromwell Property Group, with that stock sale leading today’s headline roundup. Also in the news, Lendlease courts Mitsubishi Estate for a Sydney redevelopment venture and a Singapore-backed operator of… Read More>>
Japanese Buy Stake in Lendlease London Project and More Asia Real Estate Headlines
Australia’s Lendlease welcomes two Japanese investors into a London office development, with that deal leading today’s headline roundup. Also in the news, Blackstone is reportedly in talks to exit its stake in Sydney’s Grosvenor Place and M&G acquires an interest… Read More>>
Bain Sets 3 Year Target for Fresh Seven & I Listing and More Asia Real Estate Headlines
Private equity major Bain Capital sets a three-year horizon for the public listing of Japanese retailer Seven & I’s non-core business, with that story leading today’s headline roundup. Also in the news, Australia’s Lendlease targets a Sydney tower owned by… Read More>>
Lendlease Selling Capella Infrastructure Unit to Japan’s Sojitz for $146M
Lendlease has agreed to sell its Capella Capital infrastructure arm to Japan’s Sojitz Corporation for A$235 million ($146 million), as the Australian real estate group continues to dispose of non-core lines as part of a business overhaul.
The sale will… Read More>>
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