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The sale of 15-85 Gladstone Street is expected to be completed on 31 March next year.

Chip Eng Seng Selling Melbourne Project to Greystar and More Asia Real Estate Headlines

2020/12/21 by Pimfha Chandhapradit Leave a Comment

In Mingtiandi’s latest roundup of regional news headlines, a trust tied to US developer Greystar buys an Australian property from Singapore’s Chip Eng Seng, Canadian insurer Sun Life makes a big bet on Japanese office assets, and Hong Kong steels… Read More>>

Mitsubishi’s Torch Tower to Become Tokyo’s Tallest Building and More Asia Real Estate Headlines

2020/09/21 by Shiunne Bulsombut Leave a Comment

A pair of project invested by Japan’s Mitsubishi Estate lead today’s collection of real estate headlines from around Asia, as the property division of one of the country’s largest conglomerates unveils the design for Tokyo’s tallest tower at the… Read More>>

Darren Searle Logos

Ivanhoé Cambridge, Logos Buy Melbourne Site for A$230M Project

2020/08/26 by Mingtiandi Staff Leave a Comment

Ivanhoé Cambridge and ARA Asset Management-backed Logos Property have acquired a site in northern Melbourne from local real estate investor Growthpoint for A$50.2 million ($36.4 million), the companies announced on 24 August.

The Canadian pension fund property investor and its… Read More>>

Emilia Teo TE Capital

Singapore’s TE Capital, Roxy-Pacific Buy Melbourne Office Tower for A$145M

2020/07/07 by Jonathan Burgos Leave a Comment

TE Capital Partners, the investment arm of Singaporean developer Tong Eng Group, said it has partnered with Singapore-listed builder Roxy-Pacific Holdings to buy an office building in Melbourne’s central business district for A$145 million ($101 million).

“We are confident in… Read More>>

wework hong kong

Neumann Accuses Softbank of Abuse of Power and More Asia Real Estate Headlines

2020/05/06 by James Hatton Leave a Comment

A messy breakup leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the co-founder and former CEO of coworking giant WeWork has accused Softbank of abuse of power.

In other news around the… Read More>>

Lee Kok Sun of GIC

GIC JV Buys 50% Stake in A$1.3B Melbourne Office Complex

2020/04/07 by James Hatton Leave a Comment

Singapore’s GIC has teamed up with Aussie REIT Dexus to buy a 50 percent stake in a landmark Melbourne’s commercial property for A$644 million ($398 million) through an off-market transaction.

ASX-listed Dexus announced in a bourse filing yesterday that the… Read More>>

ARA-QuadReal JV Confirms First Aussie Office Acquisition

2020/02/24 by James Hatton Leave a Comment

ARA Asset Management together with the property arm of British Columbia Investment Management today announced their acquisition of a Melbourne office development valued at A$330 million ($218 million), confirming a Mingtiandi report from earlier this month.

In a joint statement,… Read More>>

John Lim ara

Quadreal Backing ARA Acquisition of A$300M Melbourne Office Project

2020/02/04 by James Hatton Leave a Comment

ARA Asset Management is said to be close to completing the acquisition of a Melbourne office development which is projected to be worth in excess of A$300 million ($201 million) once completed.

A source close to the transaction confirmed to… Read More>>

forise surfers paradise

Troubled Developer Forise Intl Discloses CEO Departure and More Asia Real Estate Headlines

2019/12/10 by James Hatton Leave a Comment

A Singapore-listed mainland developer leads Mingtiandi’s roundup of real estate headlines today with the disclosure that its 31-year-old CEO had left the company four months ago after disclosing that it also seems to have lost its executive chairman.

In other… Read More>>

Suchad Chiaranussatti

SC Capital Buys Former Melbourne Police Complex for A$107M

2019/11/14 by James Hatton Leave a Comment

SC Capital Partners is set to make another purchase in Australia under its RECAP fund series, just one month after buying a retail portfolio in Sydney.

The Singapore-based private equity firm has entered a binding agreement to buy the former… Read More>>

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