Asia real estate and outbound investment news
New World Development has sold its ownership interest in a pair of mid-market Hong Kong community malls to MTR Corporation for HK$3 billion ($380 million), according to a company announcement.
The developer said that it was disposing of its 50… Read More>>
CapitaLand is freezing wages company-wide as one of a series of measures to counter the impact of the coronavirus outbreak on its business, according to a company announcement.
The Singapore-based real estate group said that the wage freeze, which applies… Read More>>
The manager of Hong Kong’s Link REIT is in talks with Intu Properties to buy equity in the UK shopping centre landlord, according to an announcement by the London-listed company, as the manager of the real estate investment trust conducts… Read More>>
Frasers Property announced today that it has agreed to buy the property manager of a Singapore commercial real estate portfolio, picking up the company from PGIM for an undisclosed amount.
The sale of AsiaMalls Management Pte Ltd by the real… Read More>>
A joint venture between Xander Group and Dutch pension fund manager APG has acquired a pair of shopping malls in India from Tata Realty for INR 7 billion ($100 million), according to an announcement.
The acquisition of the two Trilium-branded… Read More>>
Buildings made of concrete and steel are feeling the impact of the estimated 6,000 rounds of teargas released on the streets of Hong Kong in recent months, as a newly released report shows that the city’s descent into a police… Read More>>
Hong Kong developer Swire Properties is bringing its Taikoo Li network of commercial projects to the western China city of Xi’an, according to local government officials as cited in mainland media accounts.
The decision to move ahead with the Taikoo… Read More>>
Hong Kong’s retail sales declined more sharply in August than during the 2003 SARS outbreak, according to a report released this week, as the city’s shopping sector suffered from the joint effects of tighter economic conditions on the mainland, the… Read More>>
SC Capital Partners has teamed up with Australia-based Fortius Funds Management to buy three shopping centres in Sydney for A$174.5 million ($118 million) from a joint venture between Frasers Property Australia and Sekisui House.
The Singapore-based private equity firm, which… Read More>>
The chief executive officer of developer Frasers Property Singapore, will retire from the unit of Thai billionaire Charoen Sirivadhanabhakdi’s Frasers empire at the end of this year, according to an announcement to the Singapore stock exchange.
Christopher Tang, who will… Read More>>
