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aitken hill conference centre

HNA Melbourne Prize Seized by Receivers and More Asia Real Estate Headlines

2021/07/20 by Danat Krairiksh Leave a Comment

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.

Read More>>

Kylie Rampa Lendlease

Korea’s NPS Acquires Melbourne Quarter Tower From Lendlease for $900M

2021/07/05 by Christopher Caillavet Leave a Comment

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>>

Paul Gately Baring

Baring, Singapore’s SLB Stitch Up Melbourne Commercial Tower for $159M

2021/04/27 by Christopher Caillavet Leave a Comment

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>>

Ho Bee Land CEO Chua Thian Poh

Singapore’s Ho Bee Land Buys Trio of Aussie Residential Sites for $81M

2021/03/18 by Christopher Caillavet Leave a Comment

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>>

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 Team 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>>

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