South Korea’s NH Financial is seeking to join a $654 million bid for a landmark Seoul office tower, with that story leading Mingtiandi’s headline roundup today. Carlyle Group also makes the list with a plan to boost its Japanese buyouts… Read More>>
Lendlease Backs World’s Tallest Timber Tower in Sydney and More Asia Real Estate Headlines
Australian builder Lendlease is backing the development of the world’s tallest timber tower in downtown Sydney, with that story leading Mingtiandi’s headline roundup today. Also making the news, a development project is set to transform Tokyo’s bustling Roppongi area and… Read More>>
Foreign Investment in Vietnam Properties Jumps 70% and More Asia Real Estate Headlines
Foreign investors injected nearly $2 billion into Vietnam’s property sector during the first five months of the year, with that story leading Mingtiandi’s headline roundup today. Also in the news, the head of New China Asset Management has gone missing… Read More>>
Lendlease Chairman Pressured to Leave Quickly and More Asia Real Estate Headlines
The drama around Australia’s Lendlease entered a new chapter this week with the developer’s largest shareholder calling for the speedy departure of the company’s chairman, with that story leading Mingtiandi’s headline roundup. Colonel Sanders also makes the list with Carlyle… Read More>>
OUE Wins Tender for Development and Lease of Changi Airport Hotel
Changi Airport has awarded a tender to OUE for the development and lease of a new hotel at the Singapore airfield’s Terminal 2.
The proposed 255-key Hotel Indigo Changi Airport is envisioned as the city-state’s first zero-energy hotel, Changi Airport… Read More>>
CapitaLand China Trust Posts 7.7% Income Drop in Q1 and More Asia Real Estate Headlines
China’s ongoing property woes are hurting returns for a CapitaLand-sponsored REIT, with that story leading Mingtiandi’s real estate headlines today. Country Garden also makes news with the troubled developer avoiding its first onshore bond default and a metals magnate’s daughter… Read More>>
Embassy REIT to Buy $152M Chennai Business Park and More Asia Real Estate Headlines
India’s booming office park sector leads Mingtiandi’s headline roundup today with Embassy REIT planning to buy a Chennai property from its sponsor, Embassy Group. Also in the news, one of the mainland’s biggest banks has filed a wind-up petition against… Read More>>
Asia Real Estate People in the News 2024-04-06
New leadership at one of Singapore’s troubled REITS of US office properties leads this week’s roundup of personnel moves from around the region. Also making the list is a new asset management boss for one of the most active office… 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>>
PDG Unveils Green Energy Deal for Indonesia Data Centre and More Asia Real Estate Headlines
Green energy in Indonesia leads today’s collection of regional real estate headlines as a Warburg Pincus-backed data centre operator continues to expand in Southeast Asia’s most populous nation. Also in the news, the Chinese owners of Global Switch may need… Read More>>