Plans by Singapore developer Wee Hur to knock down a 171-year-old Adelaide hotel are the target of a local petition drive, with that story leading Mingtiandi’s real estate headlines from around the region today. A mainland developer financial failure also… Read More>>
LHN’s Coliwoo Sets Up $35M JV With Oxley Boss, Wins Bukit Timah Project Tender
LHN Group’s Coliwoo co-living unit has formed a S$48 million ($35.6 million) joint venture with the boss of local builder Oxley and his son to acquire a building in central Singapore’s museum district.
The four-storey building known as Wilmer Place… Read More>>
PDG Unveils Green Energy Deal for Indonesia Data Centre and More Asia Real Estate Headlines
Green energy in Indonesia leads today’s collection of regional real estate headlines as a Warburg Pincus-backed data centre operator continues to expand in Southeast Asia’s most populous nation. Also in the news, the Chinese owners of Global Switch may need… Read More>>
Singapore’s LHN Adds to Co-Living Portfolio with District 9 Acquisition
LHN Group has agreed to acquire a pair of mixed-use buildings in Singapore’s District 9 for S$23.25 million ($17.4 million) in a bid to retain its lead in the city’s co-living market.
LHN’s co-living division has taken options to purchase… Read More>>
Alibaba’s Cainiao Weighs $2B Hong Kong IPO and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Alibaba’s Cainiao logistics arm reportedly plans a public listing in 2024, and strong occupancy continues in Lendlease Global REIT’s portfolio. Also in the news is a new special situations fund for Bain Capital… Read More>>
LHN Launches Flagship Co-Living Complex Along Singapore’s Orchard Road
Coliwoo has launched a 411-unit shared accommodation facility near the city-state’s swanky Orchard Road, as the co-living unit of Singapore-listed LHN Group continues its expansion streak after Singapore residential rents jumped by nearly a third over the past 12 months.
LHN Buys $60M Office Block Near Singapore Management Uni for Co-Living Venture
Singapore-listed LHN Group continues to add properties to its rental residential portfolio with a deal to purchase a commercial block in the city-state’s Rochor district for S$80 million ($60.1 million), which was revealed in a regulatory filing on Friday.
LHN’s… Read More>>
Singapore’s LHN Buys Two Hotels in One Week to Expand Co-Living Portfolio
LHN Group has made back-to-back acquisitions worth a total of S$36.4 million ($25.4 million) in Singapore within a week as the real estate firm takes on more hotel conversion projects to grow its co-living portfolio.
The SGX-listed asset manager entered… Read More>>
China Data Centre Founder Makes Buyout Offer and More Asia Real Estate Headlines
Vnet, a mainland data centre operator backed by Blackstone has received its third buyout offer this year, with that proposal leading the region’s real estate news today. Also in the headlines, data from August shows home sales and prices continuing… Read More>>
Wing Tai Buys Remaining 50% of Melbourne Properties and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Wing Tai buys out the remaining stake in several jointly owned properties in Australia, the HKEX freezes trading of 33 firms’ shares on earnings delays, and Societe Generale reportedly relocates at least a… Read More>>