Hong Kong is back to work after last week’s holiday, but the city’s real estate market doesn’t seem to be able to catch a break with Tsim Sha Tsui losing its Cartier shop as retail woes continue.
In a crisis… Read More>>
Mapletree, MNACT Buy $387M Seoul Tower and More Asia Real Estate Headlines
Some of Singapore’s biggest investors are upping their investments in Korea this week, at the same time that one of mainland China’s largest developer’s has decided to scale back its Australia operation after getting 20 projects started down under, as… Read More>>
Mapletree Trust Adds to US Data Centre Portfolio with $204M-Plus Virginia Buy
Singapore’s Mapletree Industrial Trust is adding to its collection of US data centres through an agreement to purchase a facility in Virginia for at least $204 million, the trust’s manager announced on Monday.
The unspecified server farm, which is believed… Read More>>
Mapletree Industrial Trust Completes Buy of 14 US Data Centres and More Asia Real Estate Headlines
Mapletree Industrial Trust Completes Buy of 14 US Data Centres
The manager of Mapletree Industrial Trust (MIT) on Tuesday said it has completed the acquisition of the remaining 60 per cent interest in 14 data centres in the US from… Read More>>
Mapletree Reports Profit Drop of 18% and More Asia Real Estate Headlines
Yet another major developer has seen its financial results take a beating as a result of COVID-19, as a Singaporean player leads today’s real estate headlines with news of an 18 drop in profits as valuations slide.
Also in the… Read More>>
Mapletree Said Investing $40M in India Logistics Park and More Asia Real Estate Headlines
Signs of a late spring are popping up around Asia as Singapore’s Mapletree leads today’s real estate headlines with news of an investment in a India warehouse development.
Beyond that single deal, fresh government statistics show signs of home sales… Read More>>
Asia Real Estate People in the News 2020-04-13
With mainland China returning to something that begins to resemble normal working conditions executives in the middle kingdom dominate this week’s collection of people moves from around the region, with developers in Shanghai and Shenzhen introducing new senior leadership. While… Read More>>
Mapletree Raises $1.8B for Euro-American Logistics Trust
Mapletree Investments has raised $1.8 billion for its first ever US and European logistics fund, leveraging the returns from leasing warehouses to e-commerce firms to expand the Singapore-based company’s capital management business.
The firm, which is backed by Temasek Holdings,… Read More>>
Savills Continues Brokerage Momentum with HK$640M Kowloon Deal Mingtiandi Broker Battle
Savills tops Mingtiandi’s deal charts for the third time running, after reportedly linking up with First Group in the Hong Kong developer’s HK$640 million ($83 million) purchase of a commercial site in New Kowloon – right next door to a… Read More>>
Developers Scramble for Cash as Virus Hits Cashflow and More Asia Real Estate Headlines
Stalling home sales lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that mainland developers are scrambling for cash in a liquidity crunch triggered by the coronavirus outbreak.
In other news around… Read More>>
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