In today’s roundup of regional real estate headlines, BlackRock’s China boss departs after four years with the asset management giant, and a US data centre operator’s bankruptcy ripples through the portfolios of several Singapore-listed REITs. Also in the news, Lendlease… Read More>>
Mapletree Industrial Trust Enters Japan With $370M Osaka Data Centre Buy
Singapore’s Mapletree Industrial Trust plans to acquire a 10-megawatt data centre in downtown Osaka for JPY 52 billion ($370 million), marking the Temasek-backed REIT’s first investment in Japan.
SGX-listed MIT will acquire an effective interest of 98.47 percent in the… Read More>>
Mapletree Industrial Trust Distributions Drop 1.7% and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, SGX-listed Mapletree Industrial Trust has cut distributions despite rising income and a key Singapore official defends the city-state’s latest property tax hike. Over in the US, Japan’s MUFG is putting up for sale… Read More>>
Asia Real Estate People in the News 2023-03-27
Top level moves at European and Asian fund managers lead this week’s list of personnel changes from around Asia Pacific with a Gaw Capital veteran taking on a new role with a CITIC affiliate, DWS naming new regional leadership and… Read More>>
Hong Kong Lived-In Home Prices Continue Skid and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, lived-in home prices in Hong Kong fall to their lowest since early 2019, while city-based lender Bank of East Asia sustains record-high bond losses driven by China’s housing crisis.
Hong… Read More>>
Asia Real Estate People in the News 2022-08-22
New appointments at a pair of Singapore-listed industrial REITs lead Mingtiandi’s roundup of personnel moves this week with Mapletree Industrial Trust naming a new independent, non-executive director and ESR-Logos REIT annointing a new chief financial officer. There are also new… Read More>>
Keppel DC REIT Acquisitions Boost Distributions and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore-listed Keppel DC REIT reports 2.5 percent year-on-year growth in its distribution per unit for the first half of 2022, as Mapletree Industrial Trust posts a 4.2 percent boost and CapitaLand China Trust… Read More>>
Mapletree Industrial Trust Targets Data Centre Opportunities in Europe, APAC
Mapletree Industrial Trust vows to continue scaling up its data centre business through acquisitions in Singapore and the United States, as well as in new markets in Europe and Asia Pacific, after the Temasek-backed real estate investment trust saw its… Read More>>
United Hampshire US REIT Buying Mall for $85.7M and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore-listed REITs buy a shopping centre and sell a data centre in the US market, Hong Kong’s New World Development issues green and social bonds, and Thailand’s Central Pattana plans to invest in… Read More>>
Mapletree Industrial Trust Eyes Full Ownership of $1.8B American Data Centre Portfolio
After buying a 50 percent stake in a portfolio of 13 North American data centres two years ago, Mapletree Industrial Trust has seen the value of those assets grow by over 31 percent and is ready to acquire… Read More>>