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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>>

William Tay Ascendas

Frasers-ESR Sell Melbourne Office Project to Ascendas REIT for A$111M

2019/10/06 by Michael Cole Leave a Comment

Singapore-listed Ascendas REIT will soon be adding a fourth Australian office property to its portfolio after the real estate investment trust’s manager announced last week that it had agreed to acquire a Melbourne development project.

Ascendas Funds Management, a unit… Read More>>

HKMA Buys 25% Stake in A$1.8B Aussie Development and More Asia Real Estate Headlines

2019/08/29 by James Hatton Leave a Comment

Hong Kong leads the way in Mingtiandi’s roundup of real estate headlines today with the news that the city’s monetary authority has bought a 25 percent stake in a commercial development in Sydney, spending $304 million overseas while protests continue… Read More>>

Chinese Investor Buys Melbourne Complex for A$150M and More Asia Real Estate Headlines 

2019/07/25 by James Hatton Leave a Comment

Melbourne leads the way in Mingtiandi’s roundup of Asia real estate headlines today as a company with links to a mainland China developer has snapped up a Novotel hotel and a shopping mall in the Australian city for $105 million.

… Read More>>

Yoan Kamalski

Hmlet Raises HK$310M to Expand APAC Co-Living Network

2019/07/24 by James Hatton Leave a Comment

Co-living provider Hmlet has secured HK$310 million ($40 million) in a new round of funding that will allow the Singapore-headquartered company to ramp up its presence across Asia Pacific.

The fresh cash comes as the shared housing operator implements a… Read More>>

31 Queen Street Melbourne

AEW Buys Melbourne Office Tower for A$200M and More Asia Real Estate Headlines

2019/04/16 by Michael Cole Leave a Comment

Events in Australia, India and Japan command top coverage in Asia’s real estate industry today with US fund manager AEW adding a Melbourne office tower to its portfolio down under, while warehouse giant ESR takes on another Tokyo area project… Read More>>

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