In today’s review of real estate news from around the region, City Developments Ltd launches a $2 billion perpetual securities programme with UOB as arranger, Ares Management expands its Japan logistics portfolio under the Marq brand with three newly acquired… Read More>>
Hong Kong’s New World Balks at Chance to Buy Prized Causeway Bay Site
Cash-strapped New World Development has deferred an opportunity to secure the final piece in one of the largest redevelopment opportunities in Hong Kong’s Causeway Bay commercial hub after failing to show up for a court-ordered property auction on Thursday.
The… Read More>>
BOJ Holds Rates as Iran Clouds Outlook and More APAC Real Estate Headlines
In today’s review of real estate and investment news from around the region, the Bank of Japan holds rates steady as rising oil prices from the Iran conflict cloud its inflation outlook, Blackstone nears a final close on its latest Asia… Read More>>
DayOne Data Centers Nears $5B US IPO and More APAC Real Estate Headlines
In today’s regional real estate review, Singapore sovereign fund GIC weighs the sale of its office floors in a prime Tokyo tower for several hundred billion yen, data centre operator DayOne nears a confidential US IPO filing that could value… Read More>>
Blackstone-New World Deal Stalls as Chengs Seek Control and More APAC Real Estate Headlines
A difficult courtship between Blackstone and New World Development leads today’s review of real estate news from around Asia Pacific, with the Hong Kong developer said to be seeking alternative suitors who don’t expect to equate equity with decision-making rights…. Read More>>
Capstone Buying Seoul Project From Mastern for $226M and More APAC Real Estate Headlines
Korean offices lead Mingtiandi’s review of real estate headlines from around the region today as a pair of asset managers trade a newly completed Seoul project. Also making the news are Link REIT’s effort to exit its first Australian asset… Read More>>
New World Says Nothing Signed Yet as Blackstone Said Set to Become Largest Shareholder
New World Development said late Thursday that no agreement has been reached regarding potential investments in the company, after a Bloomberg report hours earlier indicated that Blackstone is nearing a deal to become the embattled developer’s largest shareholder.
Citing discussions… Read More>>
New World Hong Kong Airport Mall Faces Tenant Exodus and More APAC Real Estate Headlines
More trouble for Hong Kong’s New World Development leads today’s real estate headlines from around Asia Pacific, with the company’s trophy airport mall struggling to keep tenants. More Hong Kong retail woe is surfacing in Lifestyle International’s search for $1… Read More>>
New World Aims to Sell Assets to Meet Cash Flow Goals and More APAC Real Estate Headlines
Investors in the market for Hong Kong commercial properties may want to give Henry Cheng a call, with news of the tycoon’s New World Development attempting to sell assets leading Mingtiandi’s headline roundup today. Also making the list are Prologis’s… Read More>>
CPPIB, Goodman in $9.4B European Data Centre Partnership and More Asia Real Estate Headlines
After teaming up for data centres and logistics in Japan, Australia’s Goodman Group and Canada’s CPPIB will be working together on a European digital infrastructure venture, according to announcements today. That partnership leads Mingtiandi’s look at real estate headlines from… Read More>>
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