Less than four years after the disposal of its embassy site in Bangkok, the UK Foreign Office continues to pare back its real estate footprint in Asia, announcing Thursday that it had agreed to sell a section of the British… Read More>>
Evergrande Spiral Dents Mainland Developers and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, contagion fears abound as China Evergrande’s liquidity crisis puts pressure on bonds issued by other mainland and the cash-strapped developer reveals that executives made early redemptions of some of the group’s investment… Read More>>
Mitsubishi Estate Invests in Beijing Office Project with GLP-Backed ACR
ACR Asset Management has reeled in one of Japan’s biggest developers, Mitsubishi Estate, to invest in a building in Beijing’s Zhongguancun area recently acquired by the GLP-backed real estate fund manager.
ACR, founded by former Cushman & Wakefield greater China… Read More>>
Lendlease, Mitsubishi Form JV for $1.3B Sydney Tower and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Australia’s Lendlease enters a joint venture for a Sydney residential tower even as the group’s new CEO warns on earnings, while in Hong Kong a New Territories residential site goes for a higher-than-expected… Read More>>
Mitsubishi Estate Plans $1.8B US Data Centre Push and More Asia Real Estate Headlines
A pair of Asian funds targeting US properties lead today’s collection of real estate headlines from around the region as Mitsubishi Estate hopes to cash in on the US capital region’s thirst for data and Korea’s Mirae Asset aims for… Read More>>
Mitsubishi’s Torch Tower to Become Tokyo’s Tallest Building and More Asia Real Estate Headlines
A pair of project invested by Japan’s Mitsubishi Estate lead today’s collection of real estate headlines from around Asia, as the property division of one of the country’s largest conglomerates unveils the design for Tokyo’s tallest tower at the… Read More>>
Mitsubishi Estate Logistics REIT Buying Japanese Warehouse Portfolio for JPY 2.8B
Mitsubishi Estate Logistics REIT Investment Corp (MEL REIT) has agreed to buy four logistics facilities across Tokyo, Osaka and Nagoya for JPY 28.4 billion ($266.6 million), and increase its stake in another, as it seeks to tap growing demand for… Read More>>
Tencent Joins $2.4B Investment in China Property Portal and More Asia Real Estate Headlines
A Chinese property listings portal leads the way in Mingtiandi’s roundup of Asia real estate headlines today with news that Tencent and Hillhouse joined a $2.4 billion funding round led by a $500 million commitment from Softbank.
In other stories… Read More>>
Mitsubishi Estate Said Doubling Overseas Property Fund to $9B
Mitsubishi Estate Corporation is looking to double the size of its overseas property investment platform to JPY 1 trillion ($9 billion), according to a report in the Nikkei Asian Review.
The Japanese property giant plans to expand the low-risk, long-term… Read More>>
Mapletree Buys Brisbane Logistics Site for A$95M and More Asia Real Estate Headlines
A Singapore-listed real estate investment trust leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the REIT has purchased a logistics development site down under for $64 million.
In other news around the… Read More>>
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