Singapore-listed Mapletree Logistics Trust (MLT) will add to its collection of 125 logistics assets by acquiring Mapletree Logistics Hub Tsing Yi, a modern warehouse in Hong Kong, for HK$4.8 billion ($617.6 million). The REIT, which is managed by an… Read More>>
CIC Reveals $188M Stake in Newly-Listed TPG REIT
China Investment Corporation (CIC), the world’s third-largest sovereign wealth fund, is boosting its exposure to US commercial property by backing a listed real estate lender created by private equity behemoth TPG.
The Beijing-based fund has revealed that it holds a… Read More>>
CapitaLand Commercial Trust Sells Wilkie Edge in Singapore for $203M
CapitaLand’s commercial REIT is selling a mixed-use development in central Singapore for S$280 million ($202.7 million), in a signal that the city-state’s sluggish commercial property market may be picking up.
CapitaLand Commercial Trust (CCT), a real estate investment trust managed… Read More>>
Blackstone Goes Shopping in Singapore for $651M Japanese Retail REIT
The world’s largest alternative investment firm headed to Singapore’s stock exchange this week and on its shopping list was a portfolio of 11 Japanese shopping malls, according to an announcement this week by Singapore-listed REIT, Croesus Retail Trust.
Affiliates of… Read More>>
Champion REIT CEO Calls an End to Hong Kong’s Retail Slide
Champion REIT produced a 15.7% jump in distributions to its unit holders in 2016 and the Hong Kong-based real estate investment trust’s freshly-minted CEO expects even bigger things this year.
While the REIT sponsored by Hong Kong developer Great Eagle… Read More>>
BlackRock Tracks Chinese Assets From Outer Space and More Asia Real Estate Headlines
Getting information on the China market can be tough, but leading the news today is a report that asset manager BlackRock now suggests that investors may have to travel halfway to the moon for clearer answers on mainland businesses. Also… Read More>>
K Wah Boss Baffled By HK Market After Losing 16 Land Bids and More Asia Real Estate Headlines
In today’s real estate headlines even one of Hong Kong’s most established property tycoons is feeling the pressure as the city’s land prices soar at the same time that home prices slide. Meanwhile, the city’s biggest developer denies reports it… Read More>>
HK-Listed Champion REIT Raises Distributions 15%
Hong Kong-listed real estate investment trust Champion REIT raised its distributions per unit for the first half of 2016 by 15 percent compared to the same period last year, following solid growth in rental income from its portfolio of commercial… Read More>>
Link REIT Announces 13% Revenue Rise Despite Retail Downturn
Despite Hong Kong’s biggest retail slump this century, the managers of Link REIT, a real estate investment trust that manages the city’s largest portfolio of shopping space reported a 13.2 percent increase in revenue for the most recent fiscal year,… Read More>>
Mainland Home Prices Rise for 10th Straight Month and More Greater China Real Estate Headlines
Average home prices in China rose for the 10th straight month, according to a newly-published report, but some analysts expect the rally could end as early as this quarter. Regionally, the slow-down in China’s overall economy is hurting builders of… Read More>>
