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>>
Metro JV Buys Aussie Shopping Centre for $99M and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a joint venture featuring Singapore’s Metro Holdings buys an Australian shopping centre, shares of Evergrande’s EV unit jump after chairman Xu Jiayin touts a long-term plan to make electric cars the group’s main… Read More>>
Student Housing Fund Backed by Singapore’s Metro Buys UK Asset for $41M
Singaporean property group Metro Holdings has added a second asset to its student housing fund with the purchase of a 181-bed accommodation near the University of Bristol in southwest England.
The fund, Paideia Capital UK Trust, bought the six-storey Dean… Read More>>
Metro Holdings Invests S$77M in Boustead SG Fund and More Asia Real Estate Headlines
In this edition of Mingtiandi’s news roundup, a Singapore-listed property group expands its hometown presence with the acquisition of some industrial assets, a Guangzhou developer’s shares tumble amid reports of a city-led bailout, and Carrefour closes on the purchase of… Read More>>
Mapletree Logistics Trust Buys Hiroshima Warehouse and More Asia Real Estate Headlines
In Mingtiandi’s latest roundup of regional news headlines, Singapore’s Mapletree adds a Japanese warehouse facility to its logistics trust, a South Korean-led joint venture makes its own logistics purchases in middle America, and Singapore’s Metro Holdings launches a student housing… Read More>>
China’s Ucommune Files for US IPO and More Asia Real Estate Headlines
Coworking déjà vu leads Mingtiandi’s roundup of Asia real estate headlines today with the news that China’s biggest shared office provider has filed paperwork for an initial public offering in the US, just three months after WeWork shelved its IPO.
SG’s Metro Invests A$96M in Aussie Properties and More Asia Real Estate Headlines
An Aussie real estate portfolio leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a Singapore department store operator and retail developer has agreed to take a 20 percent interest in four office… Read More>>
Asia Real Estate People in the News 2019-06-03
In this week’s edition of People in the News, a major Singapore developer and investor names a new group chief executive officer, while a senior vice president is appointed at the sovereign wealth fund. Elsewhere, there are movers and shakers… Read More>>
ARA Teams Up with CICC Capital to Buy Chengdu Mall From Tishman Speyer Fund
After selling a pair of mainland commercial properties late last year for a combined RMB 5.56 billion, Singapore’s ARA Asset Management this month entered into a joint venture to buy a Chengdu retail property from a Tishman Speyer-managed fund.
For… Read More>>
CDL, Alpha JV Selling Singapore Office Blocks in S$395M Deal
City Developments Ltd (CDL) and Alpha Investment Partners have agreed to sell a suburban office project in Singapore at a reported S$395 million ($291.5 million) valuation, marking the second divestment from a joint venture between the listed developer and the… Read More>>
