Mingtiandi’s review of personnel moves from around the Asia leads this week with a scion of one of Hong Kong’s best-known families adding a new position to his roster of roles at the clan’s businesses. Also making the list is… Read More>>
Singapore’s Parkway Life REIT Buying 11 French Nursing Homes for $120M
Parkway Life REIT has agreed to acquire 11 nursing homes in France for €111.2 million ($120.4 million), marking the Singapore-listed trust’s maiden investment in Europe.
Healthcare-focused PLife REIT is buying the properties from operator DomusVi Group and will lease them… Read More>>
CapitaLand Ascott Trust Selling Tianjin Apartments and More Asia Real Estate Headlines
CapitaLand leads today’s roundup of real estate news from around the region as the Singapore giant’s primary residential REIT issues a tight-lipped disclosure on the sale of a Tianjin apartment complex. Also making the list today is an activist battle… Read More>>
Singapore’s Parkway Life REIT Adding Osaka Nursing Home to Japan Portfolio
Healthcare-focused Parkway Life REIT is adding to its Japan portfolio with the acquisition of an Osaka nursing home from developer FDS for JPY 2.4 billion ($16 million).
The purchase of the 138-bed Hibisu Higashi Sumiyoshi marks Singapore-listed PLife REIT’s second… Read More>>
Blackstone to Expand PE Team in Singapore and More Asia Real Estate Headlines
Blackstone plans to double its private equity team in Singapore over the next two years, with that story leading Mingtiandi’s headline roundup today. Also making the list, Ping An Bank puts 41 firms on a list of developers eligible for… Read More>>
China Home Price Slide Accelerates and More Asia Real Estate Headlines
Chinese consumers are defying government attempts to revive the housing market, with reports showing that home prices fell at their fastest pace this year leading today’s collection of real estate headlines. Also in the news, UK asset manager M&G plans… Read More>>
Asia Real Estate People in the News 2023-10-15
A top level change at Country Garden’s property management division leads today’s review of personnel changes across Asia’s real estate industry, with a board change at a Singapore REIT also making the cut. Additional moves include a management shuffle at… Read More>>
China Restarts Residential Funds to Deliver Boost and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Chinese officials reportedly authorise private equity funds to raise money for residential developments, and Beijing is said to be readying new measures to prop up the country’s biggest builders.
China… Read More>>
Singapore REITs Buy 7 Japanese Senior Living Assets for $56M
Asia’s elderly are getting more of the respect and attention they deserve this month, particularly from the managers of a pair of Singapore real estate investment trusts.
The manager of Parkway Life Real Estate Investment Trust said on Tuesday that… Read More>>
Fosun Denies Report of Debt Probe and More Asia Real Estate Headlines
Mainland debt worries lead today’s real estate headlines from around the region today as Guo Guangchang’s Fosun International denies a Bloomberg report that Chinese banks and state-owned enterprises have been asked to examine their exposure to the firm. Also in… Read More>>