Singaporean conglomerate Straits Trading has agreed to sell its 47.3 percent stake in an Incheon warehouse in a deal valuing the asset at KRW 432 billion ($300 million), with market sources confirming the buyer as Capstone Asset Management on behalf… Read More>>
Lendlease Fund and Korea’s NPS Sell Aussie Mall to Fawkner for $604M
A joint venture of a Lendlease-managed private fund and South Korea’s National Pension Service has completed the sale of a suburban Australia mall to Melbourne-based investor Fawkner Property for a record-setting A$895 million ($604 million).
The transaction for Erina Fair… Read More>>
Bain Completes $4B Sale of China Data Centres and More APAC Real Estate News
Chinese bit barns lead today’s look at real estate news from around Asia Pacific, with Bain Capital having closed on its sale of the mainland China assets of the business formerly known as Chindata for $4 billion. Also making the… Read More>>
AirTrunk Said Exploring Singapore REIT IPO and More Asia Real Estate Headlines
Singapore’s growing appeal for data centre REITs leads today’s look at real estate news from around the region, as Blackstone-backed AirTrunk is said to be exploring a trust listing in the city-state. Also making our list today is Hong Kong’s rebounding… Read More>>
AirTrunk to Build 100MW Osaka Data Centre and More Asia Real Estate Headlines
Data centres lead Mingtiandi’s look at real estate news from around the region today as AirTrunk unveils plans for its second Osaka facility. Also making headlines today is CapitaLand Ascendas REIT closing on a sale of four Singapore industrial properties… Read More>>
Arch Sells Manila Cold Warehouse to Stonepeak Venture and More Asia Real Estate Headlines
Manila leads news from around Asia Pacific’s real estate industry today with Arch Capital selling a cold chain facility outside the Philippine capital to a new venture backed by Stonepeak. Also making the headlines is a Barings real estate credit… Read More>>
Malaysian Developer Buys UK Student Housing for $142M and More Asia Real Estate Headlines
Student housing leads today’s look at real estate news from around the region, as a Malaysian developer bets on PBSA in the UK. Also in the news, Singapore home prices continue to stretch skyward and Korea’s NPS is looking for… Read More>>
Former China Vanke CEO Said Held in Criminal Case and More Asia Real Estate Headlines
More drama at troubled China Vanke leads today’s headline roundup, with a report that mainland authorities have detained the builder’s former CEO. Also making news, WeWork India’s share price dips as an investor dumps shares and Singapore private home sales… 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>>
Do Kwon Won’t Get Refund on Singapore Penthouse and More Asia Real Estate Headlines
“Go directly to jail, do not pick up penthouse deposit,” is the message a Singapore court may have provided to former crypto kingpin Do Kwon last week after the convicted financier asked for a refund on an agreement to buy… Read More>>
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