While Mingtiandi hosts its annual Tokyo forum we are glad to bring you news from Singapore, Hong Kong and beyond, as a Lendlease-sponsored REIT moves to pick up the 70 percent stake it does not yet own in a Singapore… Read More>>
Blackstone India Mall REIT Buying Bengaluru Shopping Centre for $104M
Blackstone-backed Nexus Select Trust, India’s first retail REIT, is buying a shopping mall in the southern Indian city of Bengaluru for up to INR 8.77 billion ($104 million).
A vehicle of BSE and NSE-listed Nexus is acquiring the Vega City… Read More>>
Blackstone Cashes in India REIT Shares for $542M and More Asia Real Estate Headlines
Some profit-taking in India leads today’s collection of real estate headlines from around Asia, as Blackstone more halves its stake in Nexus Select Trust. Also making the list is set of good news for mainland developers as a pair of… Read More>>
GIC Makes $122M Exit From Mumbai Mall Venture and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore’s GIC sells its half-stake in a Mumbai mall, and Fitch puts industrial giant GLP on a negative ratings watch. Also happening in India, Blackstone’s Nexus Select Trust IPO was oversubscribed on the… Read More>>
HSBC, StanChart Raise Best HK Mortgage Rates and More Asia Real Estate Headlines
Higher interest rates for Hong Kong homebuyers lead today’s survey of real estate news from around the region as the city’s biggest lenders adjust to central bank moves. Also making the list today is a Swire ground-breaking on a Miami… Read More>>
Blackstone Set to Launch India’s First Mall REIT in $391M IPO Next Week
US fund management giant Blackstone will kick off the initial public offering for India’s first listed trust of retail properties on 9 May, with a goal of raising up to INR 32 billion ($391 million), according to an updated prospectus… Read More>>
ESR Developing $49M Complex in India’s Gujarat and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, industrial giant ESR announces a new project in India’s Gujarat state, and Blackstone-backed Nexus Select Trust seeks to double its India mall holdings through acquisitions. Also on the list is a Cadillac Fairview… 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>>
Far East Orchard Bags UK Student Housing for $17M and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore’s Far East Orchard buys another British student housing accommodation, US bank Jefferies exits Li Ka-shing’s Cheung Kong Center, and China asks its top insurers to buy bonds as retail customers baulk.
Blackstone’s Nexus Files for $500M India Mall REIT IPO and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Blackstone’s Nexus retail platform files a draft paper for its REIT IPO, Alibaba co-founder Joe Tsai sinks cash into luxury hotels, and data centre builder AirTrunk begins work on its second Tokyo facility.