A pair of Singapore consolidations lead today’s review of real estate news from around Asia, as a CapitaLand-managed REIT completes its purchase of the remaining stake in the CapitaSpring tower and Frasers Property buys the remaining units in a suburban… Read More>>
KKR Picks Morgan Stanley for Japan Logistics IPO and More Asia Real Estate Headlines
KKR selects Morgan Stanley to advise on a public offering of the fund manager’s Logisteed unit in Japan, with that report leading today’s headline roundup. Also in the news, billionaire Gautam Adani eyes an expansion of his data centre plans… Read More>>
GIC Said in Talks to Buy Stake in Vanke Logistics Unit and More Asia Real Estate Headlines
Troubled builder China Vanke is reportedly in talks to sell a controlling stake in VX Logistics to Singapore sovereign giant GIC, with that story leading today’s headline roundup. Also making the list, Keppel DC REIT posts a jump in distributions… Read More>>
Sekisui House REIT Buys Greater Tokyo Apartments and More Asia Real Estate Headlines
Sekisui House REIT is adding three residential assets to its portfolio as 2024 nears an end, with those transactions leading today’s headline roundup. Also making the list, OUE REIT completes the disposal of a Shanghai office tower and Keppel DC… Read More>>
OUE REIT Selling Shanghai’s Lippo Plaza for $263M to Exit China Market
Singapore’s OUE REIT is selling a Shanghai office tower for 35 percent below its 2018 valuation as it exits mainland China’s declining property market, according to a statement on Friday.
The manager of the SGX-listed trust informed the stock exchange… Read More>>
Hong Kong Tycoon Sells Peak Mansions for $110M and More Asia Real Estate Headlines
A Hong Kong tycoon sells three mansions on Peak Road for $110 million, with that story leading Mingtiandi’s headline roundup today. Also in the news, Malaysia’s AIMS launches a data centre in Kuala Lumpur and an influx of mainland Chinese… Read More>>
Country Garden Mulls Sale of $572M London Project and More Asia Real Estate Headlines
Country Garden leads Mingtiandi’s headline roundup today with a plan to sell a London residential project worth up to $572 million. Also making the list, a key group of China Evergrande creditors is said to be backing a petition to… Read More>>
OUE Commercial REIT Sees 30% Surge in Net Property Income in Q3
OUE Commercial REIT recorded net property income of S$62.7 million ($45 million) in the third quarter, up 29.8 percent from the same period a year earlier, thanks to improved performance by its hospitality assets driven by a recovery in Singapore… Read More>>
OUE C-REIT Achieves 23% Jump in Net Property Income as Hospitality Bounces Back
OUE Commercial REIT booked a 23 percent jump in net property income as it brought in S$115.3 million ($87.11 million) in the first half of the year on the ongoing strength of Singapore’s core office market and a rebound in… Read More>>
Cromwell European REIT Selling Second Italy Asset and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Cromwell European REIT announces the planned divestment of a second Italian asset in as many weeks, and another SGX-listed trust, OUE Commercial REIT, snags a third sustainability-linked loan. Also making the list, economists… Read More>>