A deal in one of London’s poshest neighbourhoods leads today’s headlines, with Wing Tai Properties selling an office block near Berkeley Square to … Berkeley Square. Also in the news, a Sydney fund manager offloads a Queensland shed and another… Read More>>
Singapore’s OUE REIT in Exclusive Talks for $360M Stake in Sydney’s Salesforce Tower
OUE REIT is in exclusive talks to acquire a stake in Sydney’s Salesforce Tower, according to an announcement by the manager of the Singapore-listed trust on Thursday, with local news reports citing a value of A$1.8 billion ($1.2 billion) for… 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>>
Fragrance Group Boss Launches Buyout of AF Global and More Asia Real Estate Headlines
A buyout led by Singapore’s love hotel king leads today’s headline roundup, as James Koh arranges to privatise hospitality group AF Global. Also making news, Google proposes a 1-gigawatt data centre in India and Sweden’s EQT explores a range of… Read More>>
CICT Closes on $810M CapitaSpring Deal in Singapore and More Asia Real Estate Headlines
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>>