India’s commercial capital leads today’s look at real estate news from around the region, with Japan’s Sumitomo pointing to Mumbai as the focus for its plan to invest $6.5 billion in the country. The living sector also figures prominently in… Read More>>
CPPIB Vows to Add to $22B India Portfolio and More Asia Real Estate Headlines
Canadians in India lead today’s look at real estate news from around Asia, as CPPIB hunts for more opportunities on the subcontinent. Also in the news, Malaysia’s YTL bets on Kiwi hospitality and Korea’s Mirae aims to collect after winning… Read More>>
New World Seeks Rent Cut on Hong Kong Airport Mall and More Asia Real Estate Headlines
New World Development leads this Monday collection of headlines from around the region, as the embattled builder seeks relief from rent guarantees at its Hong Kong airport mall. Also in the news, Singapore’s Metro Holdings says no deal has been… Read More>>
Chow Tai Fook, FEC-Backed Star Sells Sydney Asset and More Asia Real Estate Headlines
Cash-strapped Aussie casino operator Star offloads an event centre in Sydney, with that divestment leading today’s headline roundup. Also making news, S&P tracks a surge in Japan’s private equity and venture capital deals and Mori Building opens a central Tokyo… Read More>>
Japan’s Mori Building Buys 11% Stake in $4.7B NYC Skyscraper From SL Green
One of Japan’s largest developers just gave a vote of confidence to New York City’s office market with Mori Building announcing late this week that it has acquired an 11 percent stake in supertall One Vanderbilt Avenue from property giant… Read More>>
Guangzhou R&F Selling UK Project for Third Time and More Asia Real Estate Headlines
One of China’s most creative developers leads today’s headline roundup with Guangzhou R&F setting a new Mingtiandi record by selling a project in South London for the third time. KKR also makes the news today with a REIT managed by… Read More>>
GIC, ADIA Said in Talks Over Blackstone India Assets and More Asia Real Estate Headlines
Sovereign funds lead today’s roundup of real estate headlines from around the region as Blackstone is said to be in talks with potential buyers for some of the firm’s India holdings. Also making the news, Asia’s richest man sells his… Read More>>
Japan’s Mori Breaks Ground on JPY 580B Tokyo Project
Urban developer Mori Building has broken ground on a JPY 580 billion ($5.4 billion) “city within a city” in central Tokyo, according to an announcement by the company.
The multi-purpose development, which will feature Japan’s tallest skyscraper, aims to transform… Read More>>
Japan’s Mori Backs HK Hospitality Investment Firm
A unit of Mori Building Co, Japan’s largest privately owned developer, is investing in Conduit House, a private equity firm specialising in hospitality projects, according to an announcement by the Hong Kong-based firm late last month.
Mori Hospitality is investing… Read More>>
Mortgage Scams Add Fresh Excitement to China Credit Mix and More Asia Real Estate Headlines
China is famous for its paperwork, but many Mingtiandi readers may not yet know about the three different purchase contracts often being used to buy housing in the country’s heavily regulated markets. Also in the news today, Starbucks goes super-venti… Read More>>