Locally based builder Chinachem has been awarded a residential site in Hong Kong’s New Territories, with that story leading today’s headline roundup. Also making the list, GLP cancels a bond sale over insufficient demand and Mapletree Industrial Trust completes a… Read More>>
Mapletree Industrial Trust Expanding Japan Data Centre Footprint with $101M Tokyo Buy
Mapletree Industrial Trust (MIT) has agreed to acquire a West Tokyo facility for redevelopment into a new data centre, with the SGX-listed REIT’s purchase coming as investors have poured $5.5 billion into Japanese data centre assets so far this year,… Read More>>
Asia Real Estate People in the News 2024-09-28
Hotel operators and data centre experts lead this week’s review of personnel moves from around Asia’s real estate industry as Frasers Hospitality Trust and Equinix announce new appointments. Also in the news are leadership changes and Hong Kong-listed China South… Read More>>
Mapletree Industrial Trust CEO Tham Kuo Wei Leaving Post in July
The longtime CEO of Mapletree Industrial Trust’s manager is stepping down, as Singapore’s Mapletree Investments continues to shake up the leadership at its sponsored REITs.
Tham Kuo Wei, MIT’s boss of more than 13 years, will relinquish his roles as… Read More>>
Frasers Property Earnings Drop 82% and More Asia Real Estate Headlines
The challenges of rising interest rates and falling valuations lead Mingtiandi’s headline roundup today as SGX-listed Frasers reports some discouraging results. Lendlease also makes the list with an unhappy tax surprise and Singapore’s GuocoLand sells off its stake in a… Read More>>
CapitaLand Investment Q1 Revenue Down 0.2% and More Asia Real Estate Headlines
Temasek-controlled CapitaLand Investment posts a marginal dip in first-quarter revenue, with that story leading Mingtiandi’s headline roundup today. Also making the cut, Singapore’s URA reports rising private home prices, while SGX-listed Far East Orchard buys a 49 percent stake in… Read More>>
Country Garden Family Reap $50M Windfall Despite Default and More Asia Real Estate Headlines
Country Garden’s Yang Huiyan and family will bag $50 million in dividends from a stake in the Chinese developer’s services arm, with that story leading Mingtiandi’s headline roundup today. UBS is also making news as it plans to take more… Read More>>
ADIA Considers Buying Stake in Wanda Malls and More Asia Real Estate Headlines
The Abu Dhabi Investment Authority is considering buying a minority stake in Dalian Wanda’s mall unit, with that story leading Mingtiandi’s headline roundup today. Also making the list, PGIM Real Estate ramps up its Asian private wealth business and a… Read More>>
Evergrande Selling Stake in Guangdong Project and More Asia Real Estate Headlines
China Evergrande’s Hengda subsidiary is selling its entire 65 percent stake in a project in Guangdong province for $19.4 million, with that story leading today’s headline roundup. Also making the cut, mainland developer Jingrui fails to repay a $165 million… Read More>>
Asia Real Estate People in the News 2023-11-27
China’s sovereign fund leads Mingtiandi’s review of personnel moves from around Asia this week with news that CIC’s head of infrastructure has resigned from the Beijing-based organisation. Also making the list is a new CFO of Singapore’s Elite Commercial REIT… Read More>>
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