CapitaLand’s shift to a strategy aligned with an increasingly digital economy continues, with the Singaporean developer on Tuesday announcing the divestment of three Japanese malls and a Korean office tower for a combined S$448.7 million ($335 million), and the acquisition… Read More>>
HK Investor Makes London Debut with £130M Office Deal and More Asia Real Estate Headlines
A London office deal leads the way in Mingtiandi’s roundup of Asia real estate headlines with the news that a Hong Kong-based firm has made its debut buy in the Brexit-encumbered city.
In other news around the region, a Canada-headquartered… Read More>>
ARA Said to Have Exchanged Contracts to Buy SG’s Robinson Centre for S$340M
An ARA-managed fund is close to signing a final agreement to purchase a commercial building in Singapore’s financial district for approximately S$340 million ($251 million), according to a source familiar with the transaction who spoke to Mingtiandi.
The fund, which… Read More>>
M&G Real Estate Acquires Seoul Logistics Asset for $131M
M&G Real Estate, the real estate fund management arm of M&G Investments, has acquired a logistics facility near Seoul on behalf of its core Asia property investment vehicle for $131 million (KRW 155.5 billion), according to an announcement by the… Read More>>
M&G Real Estate in $295M Singapore Business Park Deal with Surbana Jurong
M&G Real Estate has agreed to pay approximately S$400 million ($295 million) to forward fund an office building being developed by engineering and infrastructure consulting firm Surbana Jurong in Singapore, according to an announcement late this past week by the… Read More>>
M&G Buys Japanese Properties for $84M and More Asia Real Estate Headlines
It’s only early November, but already some of Asia’s biggest markets looked headed into the dead of winter as property sales drop off in mainland China, Hong Kong and other points in the region. For one UK investor this seems… Read More>>
M&G Confirms $1B Buy of Seoul’s Centropolis — Largest Korean Property Deal Ever
M&G Real Estate, together with a pair of Korean pension funds, has purchased Centropolis Towers in Seoul for 1.18 trillion won ($1 billion). The transaction, the largest single real estate deal in the country’s history, was completed as the office… Read More>>
M&G Said Close to Buying $1B Seoul Complex After KKR Drops Out
M&G Real Estate is poised to scoop up South Korea’s most expensive single property, as the arm of British insurer Prudential Plc will reportedly soon strike a deal to buy a new twin tower office complex in downtown Seoul for… Read More>>
Perennial Buys Out Capitol Singapore for $402M and More Asia Real Estate Headlines
Leading today’s roundup, top Singaporean developer Perennial Real Estate is poised to buy out an iconic heritage property in the city-state, ending years of business bickering. Also in the headlines, a Thai hotel operator has scooped up all 456 units… Read More>>
GIC, M&G Join Bidding for $400M Seoul Tower and More Asia Real Estate Headlines
South Korea continues to push its way back into the investment target area today as a $400 million Seoul office tower is said to receive bids from Singapore’s GIC and London-based M&G. Slightly to the south and west, Houston-based Hines… Read More>>
