Singapore-listed Manulife US REIT said on Wednesday that it has signed a preliminary deal to sell an Atlanta office asset to its sponsor as its debt level threatens to hit the government’s 50 percent limit.
With the trust’s gearing now… Read More>>
Manulife US REIT Sells Oregon Office Park for $33.5M as Talks With Mirae Continue
Singapore-listed Manulife US REIT has sold a three-building office park in Oregon for $33.5 million as it remains in ongoing discussions with South Korea’s Mirae Asset Global Investments on a potential sale of a stake in the trust’s manager.
The… Read More>>
CDL-Hongkong Land JV Sells 53% of Units at Launch and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, buyers rush to the latest residential project by CDL and Hongkong Land in Singapore’s Katong area, and Blackstone-backed India retail trust Nexus REIT reportedly readies its IPO.
Tembusu Grand Sells… Read More>>
Evergrande Restructuring Details to Land This Week and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, defaulted developer Evergrande readies the terms of its long-awaited debt restructuring plan for a mid-week release, and China suspends the operations of Big Four accounting firm Deloitte.
Evergrande Preps Restructuring… Read More>>
China Home Sales Show Turnaround Potential and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, China flashes hopeful signs that its long slump in home sales is nearing an end, Mirae Asset Management may soon add a Singapore REIT to its business and India’s Welspun One Logistics Parks… Read More>>
Chongqing Loosens Homebuying Restrictions and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, China’s sprawling Chongqing joins the list of mainland cities easing homebuying restrictions, and NYSE-listed Xinyuan Real Estate posts a ballooning loss for the first half of 2022.
Chongqing Joins Dongguan,… Read More>>
Manulife US REIT Names Citi Unit as Advisor for Strategic Review
Singapore-listed Manulife US Real Estate Investment Trust (REIT) has appointed a financial adviser to conduct a strategic review after reporting disappointing third quarter results.
Citigroup Global Markets Singapore will “undertake a review of a variety of options available to Manulife… Read More>>
Lendlease REIT, Manulife US REIT, JLL See Rising Competition for S-REITs
https://player.vimeo.com/video/762672225?h=ef8d2874fdVideo can’t be loaded because JavaScript is disabled: Singapore REIT Panel (https://player.vimeo.com/video/762672225?h=ef8d2874fd)
The managers of Singapore’s real estate investment trusts are bracing for headwinds amid volatile global markets, according to top executives from Manulife US REIT,… Read More>>
Asia Real Estate People in the News 2022-10-03
Top-level changes at fund managers and developers lead Mingtiandi’s roundup of personnel moves this week as M&G appoints a new global chief executive and a pair of mainland property developers unveil new leaders for their boards. Also in the news,… Read More>>
Asia Real Estate People in the News 2022-05-09
Top level moves at a pair of Singapore-listed cross-border trusts lead Mingtiandi’s collection of personnel changes from around Asia as Manulife US REIT and ARA US Hospitality REIT announce new appointments. Goldman Sachs also makes the list with a senior… Read More>>