Leading today’s Hong Kong news roundup, the owner of apparel brands Nautica, Timberland and The North Face may soon be neighbours with WeWork after signing a major lease in Mapletree’s new office tower in Kwun Tong. Also in the headlines,… Read More>>
Singapore’s Mapletree Buys Minneapolis Office Tower for $259M
Minnesota’s record-breaking spell of arctic weather may have prompted a state of emergency last month, but it didn’t stop Singapore’s Mapletree from venturing into the midwestern US state for a major property deal.
The US unit of the real estate… Read More>>
Asia Real Estate People in the News 2018-01-01
The new year has dawned and at least a few of the region’s real estate executives will be starting 2018 at new desks as we browse through the list of who took on a new role this week. We start… Read More>>
Asia Real Estate People in the News 2017-12-11
Singapore plays a big role in this week’s People in the News, with an agency veteran joining a corporate real estate firm based in the city-state, while a professional at a leading business park developer gets a promotion. Meanwhile, a… Read More>>
Mapletree Buys US Data Centre Portfolio for $750M
Singaporean property group Mapletree has become the latest global investor to bet on building homes for data clouds, buying a portfolio of 14 US data centres for $750 million.
A joint venture of Mapletree Investments and Mapletree Industrial Trust (MIT),… Read More>>
WeWork, Naked Hub Expand in Hong Kong’s Kowloon East
WeWork, the New York-based shared office brand, is expanding its footprint in Hong Kong, on the heels of announcing $4.4 billion of new investment for its Asian growth drive.
The $17 billion firm has leased a full floor, covering nearly… Read More>>
China Evergrande Sales Jump 72% in 1H and More Asia Real Estate Headlines
As we head into July Asia’s real estate investors are showing no signs of taking a holiday, with major activity popping up in Singapore, Beijing and points in between. Leading off today’s headlines, Evergrande sees its taste for lower-tier cities… Read More>>
Mapletree Boosts Student Housing Portfolio to $1.6B With 3rd American Acquisition
Mapletree is plowing more capital into student housing overseas, buying a portfolio of eight US and Canadian assets from Kayne Anderson Real Estate Advisors, the Singapore-listed developer and investor announced on Friday. Financial terms were not disclosed, but the deal… Read More>>
Perennial in Exclusive Talks to Buy Out United Engineers and More Asia Real Estate Headlines
Singapore takes centre stage in Asia’s real estate world today as the city state sees a flurry of property activity, including the impending $1.3 buyout of developer United Engineers. Also in the news, Prudential unit PGIM picks up a logistics… Read More>>
China Capital Controls Ending Aussie Investment Wave and More Asia Real Estate Headlines
China’s credit controls have been driving up prices for its domestic real estate, but might start having the opposite effect on the Australian market, according to a story in today’s headlines. Also in the news, Evergrande Real Estate continues to… Read More>>
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