In today’s roundup of regional news headlines, the restructuring scheme for failed Chinese conglomerate HNA hits a snag in Australia, Singapore’s Keppel Capital plans to convert a Seoul hotel into an office building, and logistics developer Goodman raises its full-year… Read More>>
HNA Melbourne Prize Seized by Receivers and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, failed Chinese conglomerate HNA’s conference centre in Australia is seized by receivers, a Singapore-listed REIT picks up a Florida office building, and indebted developer Evergrande seeks liquidity from a bottled water IPO.
Korea’s NPS Acquires Melbourne Quarter Tower From Lendlease for $900M
The National Pension Service of South Korea has acquired a 100 percent interest in the 34-storey Melbourne Quarter Tower from Australian developer Lendlease for a reported A$1.2 billion ($900 million).
The largest and last of three office towers in Lendlease’s… Read More>>
Baring, Singapore’s SLB Stitch Up Melbourne Commercial Tower for $159M
Hong Kong’s Baring Private Equity Asia (BPEA) has teamed up with a Singapore-listed developer to back an A$206 million ($159.5 million) consolidation of a commercial building in central Melbourne.
BPEA, together with Matthew Ong’s SLB Development and local partner Futuro… Read More>>
Singapore’s Ho Bee Land Buys Trio of Aussie Residential Sites for $81M
Singaporean developer Ho Bee Land continues to mine housing opportunities in suburban Australia, announcing Wednesday that local units of the firm had paid A$103.73 million ($81.2 million) to acquire three residential development sites.
The two sites in Victoria and one… Read More>>
Chip Eng Seng Selling Melbourne Project to Greystar and More Asia Real Estate Headlines
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
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>>
Ivanhoé Cambridge, Logos Buy Melbourne Site for A$230M Project
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>>
Singapore’s TE Capital, Roxy-Pacific Buy Melbourne Office Tower for A$145M
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>>
Neumann Accuses Softbank of Abuse of Power and More Asia Real Estate Headlines
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>>
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