Asia real estate and outbound investment news
The Australia joint venture of Singapore builders Metro Holdings and Sim Lian Group has acquired a downtown Sydney office tower from Early Light International, the Hong Kong firm controlled by toy tycoon Francis Choi, for A$196.4 million ($132 million).
Metro… Read More>>
TE Capital Partners, LaSalle Investment Management and Metro Holdings Limited (as a capital partner of the TE Capital-managed vehicle), are closing in on the first sales of units in their Visioncrest Orchard, a commercial project in the heart of Singapore’s… Read More>>
A series of defaults in Korea’s property market are creating opportunities for fund managers, with news of new distressed debt strategies leading Mingtiandi’s headline roundup today. Also in the news, Hong Kong home prices head south again as a post-policy… Read More>>
A server shed specialist leads this week’s collection of personnel moves from around Asia, with ESR bringing on board some talent from Google for its data centre division in Singapore. Also make the list is a departure at GIC and… Read More>>
LaSalle Investment Management late last week issued a statement announcing its second joint venture with Singapore’s TE Capital Partners, confirming a Mingtiandi report from earlier in the week that the pair have teamed up to purchase an office building in… Read More>>
TE Capital Partners has joined with LaSalle Investment Management to acquire a commercial building in Singapore’s Orchard area for nearly S$450 million ($331 million), in a deal which marks Singapore’s largest office deal of 2023.
A fund advised and operated… Read More>>
A fund led by Singapore’s Boustead Projects and Metro Holdings is acquiring an industrial facility in the city-state’s Paya Lebar region for S$98.8 million ($75.16 million) as Boustead expands its management of third party capital.
The SGX-listed duo, together with… Read More>>
A fund backed by Singaporean property group Metro Holdings has added four more UK student housing assets to its portfolio, while a Metro joint venture with Lion City builder Sim Lian Group has become the latest Asian buyer of an… Read More>>
In today’s roundup of regional news headlines, Chinese developers get a boost on reports that regulators are urging lenders to support the country’s beleaguered property sector, while Hong Kong’s housing market flashes weakness as nearly a quarter of available flats… Read More>>
In today’s roundup of regional news headlines, cash-strapped Shimao Group seeks an extension for repayments on asset-backed securities, private equity bigfoot Blackstone raises its offer for Australia’s Crown Resorts a third time, and Singapore’s Metro Group forms an investment alliance… Read More>>
