Asia Pacific real estate investment news and information
Singaporean sovereign fund GIC and South Korea’s Mirae Asset have sold a warehouse complex in Greater Seoul to DWS Asset Management, with market sources confirming the German investor’s purchase price of KRW 118.4 billion ($87 million).
The Gonjiam Logistics Center… Read More>>
The Singapore government hikes seller’s stamp duty to discourage speculative homebuying, with that move leading today’s headline roundup. Also making the list, an office tower in “South Korea’s Silicon Valley” draws bidding interest and Aussie land lease group GemLife debuts… Read More>>
A Singapore-based investor teams with the UK’s Quadrant on an office acquisition in the City of London, with that deal leading today’s headline roundup. Also making the list, South Korea’s Mirae Asset Securities prepares to exit a Vietnam skyscraper investment… Read More>>
Mirae Asset Securities is in due diligence to sell a building it occupies in Seoul’s Yeouido financial district, with the struggling Korean brokerage seizing on a hot local office market to boost its fortunes.
Woori Asset Management has been chosen… Read More>>
S&P Global Ratings has lowered its outlook to negative on Mirae Asset Securities and Korea Investment & Securities, with the agency flagging the Korean brokerages’ exposure to struggling property markets at home and overseas.
S&P cut its rating outlook from… Read More>>
Singapore-listed Frasers Property leads today’s roundup of real estate headlines, as the multinational developer suffered from a change in market values. Also in the news, China’s Country Garden is aiming for a tentative debt restructuring plan by year end and… Read More>>
India data centres lead this Halloween edition of People in the News, with a Brookfield – Digital Realty joint venture naming a new chief executive. Also making the list, Bain Capital has lured over a former Goldman exec to lead… Read More>>
In today’s roundup of regional news headlines, Singapore’s GIC is said to be seeking a buyer for a Tokyo skyscraper, and a Korean REIT closes in on the acquisition of HSBC’s Seoul headquarters. Also making the list, Korea’s Mirae Asset… Read More>>
In today’s roundup of regional real estate headlines, debt-saddled conglomerate Dalian Wanda is attempting to extend a maturing debt facility, and flexible office giant WeWork loses another C-level executive. Also in the news, Singapore’s Keppel Group buys into a Vietnam… Read More>>
Singapore-listed Manulife US REIT said on Wednesday that it has signed a preliminary deal to sell an Atlanta office asset to its sponsor as its debt level threatens to hit the government’s 50 percent limit.
With the trust’s gearing now… Read More>>
