Asia real estate and outbound investment news
Singapore’s Ascendas-Singbridge is adding to its office acquisitions in South Korea by picking up a newly completed, mid-rise office building in Seoul’s Gangnam district for S$124.3 million ($91.8 million).
A fund managed by the real estate firm acquired the 15-storey,… Read More>>
CapitaLand Commercial Trust (CCT) is acquiring Asia Square Tower 2 from a BlackRock-managed real estate fund for approximately S$2.1 billion ($1.5 billion), marking the largest office transaction in Asia Pacific this year and the second-largest globally.
The deal for the… Read More>>
Singaporean sovereign wealth fund GIC is making a major bet on Indian real estate by purchasing a stake in a unit of DLF, India’s most valuable real estate developer, for 89 billion rupees (around $1.4 billion).
Through the… Read More>>
Singapore’s Ascendas-Singbridge is buying a landmark office tower in downtown Sydney for A$252 million ($200 million), marking its second office acquisition in Australia.
The state-backed commercial developer announced on Friday that it has agreed to acquire 66 Goulburn Street, a… Read More>>
Singapore office rents are on their way down, but that could be good news for property investors shopping for bargains in southeast Asia’s financial capital. CLSA Capital Partners is the latest to decide it’s time to get back in the… Read More>>
Plans to turn Kowloon East into Hong Kong’s second central business district received a boost last week after JP Morgan announced it would establish a major presence at Link REIT and Nan Fung Development’s 77 Hoi Bun Road office complex…. Read More>>
China’s major cities expect to add a record 2.78 million square metres of new office space in 2015, but the record is likely to be short-lived, as another 4.18 million square metres are predicted to come online in 2016, according… Read More>>
It’s been nearly a week since our last installment here on Mingtiandi, but there are some good reasons for this. We’ve been especially busy trying to take care of all of the last minute details before Mike’s big trip to… Read More>>
Office is the big new task for this week. Find an office. A good office. A cheap office. An office that won’t make staff or customers run away screaming. All for RMB 10,000 per month (or less).
So far,… Read More>>
