South Korea’s postal service picks Mirae Asset to manage a core real estate fund, with that story leading today’s headline roundup. Also making the list, bankrupt builder China Evergrande’s chairman resists disclosing his assets and Singapore-listed Far East Hospitality Trust… Read More>>
Downtown Singapore Site Tagged for Redevelopment and More Asia Real Estate Headlines
A Singapore site previously set aside for street food vendors is earmarked for residential development, with that story leading today’s headline roundup. Also in the news, Australia’s Novus seeks to raise $640 million for build-to-rent projects and ASX-listed National Storage… Read More>>
Public Storage Backs Out of Aussie REIT Buyout and More Asia Real Estate Headlines
A binned self-storage deal leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the highest bidder for an Australian REIT is said to have backed out of the deal, citing market conditions, having… Read More>>
Warburg Pincus Bidding Against Gaw for A$1.73B Aussie Self-Storage REIT
Warburg Pincus has entered a bidding contest for Australia’s largest self-storage operator with an offer to buy National Storage REIT (NSR) for A$1.73 billion ($1.2 billion), according to a disclosure by the real estate investment trust.
The board of the… Read More>>