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>>
Asia Real Estate People in the News 2023-10-30
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>>
GIC Reportedly Shopping $2B Tokyo Office Tower and More Asia Real Estate Headlines
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>>
Wanda Seeks to Refinance $275M Debt Facility and More Asia Real Estate Headlines
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>>
Manulife US REIT Proposes Fresh Asset Sale as Debt Limit Looms, Mirae Talks Lapse
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>>
CDL-Hongkong Land JV Sells 53% of Units at Launch and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, buyers rush to the latest residential project by CDL and Hongkong Land in Singapore’s Katong area, and Blackstone-backed India retail trust Nexus REIT reportedly readies its IPO.
Tembusu Grand Sells… Read More>>
Mirae Fund Buys Warehouse From Prakhhyat Group to Enter India Logistics Market
The Indian arm of Mirae Asset Global Investments has acquired a Mumbai area warehouse from local builder Prakhhyat Group for INR 1.3 billion ($16 million), as the Korean asset manager looks for returns in the subcontinent’s real estate sector, according… Read More>>
Tosei, Hulic-Led Consortium Outbids Brookfield, LaSalle in $2.7B Tokyo Office Deal
A local consortium which won a September tender for a Tokyo office building with a JPY 400 billion ($2.7 billion) bid is said to have bested some of the world’s biggest investors in that contest.
A bid submitted by Tosei… Read More>>
Philips Said Close to Selling $73M SG Industrial Asset and More Asia Real Estate Headlines
Singapore’s sizzling industrial property market leads today’s roundup of real estate headlines from around the region, as European electronic conglomerate Philips is said to be selling its last remaining workshop facility in the city-state.
Also in the… Read More>>
GIC, Charter Hall Buying Canberra Office for Over $219M and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore sovereign wealth fund GIC partners with Charter Hall on an office buy in Australia’s capital, a rare residential plot in Hong Kong’s pricey Repulse Bay heads for auction, and four key… Read More>>