A cash crunch for China’s largest home-builder leads today’s roundup of real estate headlines from around the region as Country Garden struggles with a slowing housing market. Also in the news, Hong Kong homeowners are getting motivated to sell and… Read More>>
GIC Investing $256M in Aussie Apartment Venture and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, sovereign investor GIC reportedly lends financial muscle to a build-to-sell residential venture in Australia, an IMF official sees a long road ahead for China’s property crisis, and Singapore’s Keppel Land sells its stake… Read More>>
Mapletree Wins Approval for $3.1B Commercial REIT Merger
Shareholders of Mapletree Commercial Trust (MCT) and Mapletree North Asia Commercial Trust (MNACT) have approved a S$4.22 billion ($3.07 billion) merger, which creates the Singapore exchange’s third largest REIT, after sponsor Mapletree Investments sweetened the deal with an all-cash payout… Read More>>