CapitaLand again led an annual ranking of Asia Pacific’s largest property fund managers, as the Singapore firm built a war chest of $61.3 billion of assets under management (AUM) in 2017, according to a recent survey by the Hong Kong-based… Read More>>
CapitaLand Signs Up for East China Business Park and More Asia Real Estate Headlines
Leading today’s roundup, Singapore’s largest property firm CapitaLand may be getting into the business park business in eastern China, after signing agreements to explore building a high-tech park in Ningbo along with a township development in Jiaxing. Another Singaporean giant… Read More>>
Asia Real Estate People in the News 2018-03-12
Leading today’s roundup of real estate job changes, an agency alum has taken a top job at a Warburg Pincus-backed industrial developer in Vietnam, and an urban design veteran is moving to China’s Tianjin to work for AECOM. Singapore’s Mapletree… Read More>>
Mapletree Logistics Trust Buys Out Hong Kong Project for $78M
Singapore-listed Mapletree Logistics Trust is acquiring the remaining 38 percent of a logistics property in Sha Tin for HK$610 million ($78 million) and will now fully-own the strata-titled distribution facility in the residential and industrial district of Hong Kong’s northern… Read More>>
VF Corp Said To Lease Kwun Tong Office and More Hong Kong Real Estate Headlines
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>>
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