In our latest roundup of regional news headlines, Korea’s National Pension Service has added to its growing stockpile of overseas real estate assets by teaming up with a US private equity firm in the purchase of an American logistics portfolio.
GIC Sets Up India Retail Platform With Phoenix Mills and More Asia Real Estate Headlines
In Mingtiandi’s latest roundup of regional news headlines, Singaporean sovereign wealth fund GIC partners with Indian mall developer Phoenix Mills on a retail-led real estate platform, the manager of Singapore’s Sabana REIT hits back at allegations of unusual voting procedures,… Read More>>
Amazon Loses Battle With India Retail Partner and More Asia Real Estate Headlines
In today’s roundup of news headlines from around Asia, Amazon loses its bid to block a deal involving a business partner in India, heavily indebted China Evergrande reportedly secures a financial lifeline from state-linked companies, and ESR’s South Korean REIT… Read More>>
CDL Appoints Deloitte to Evaluate Sincere Property Deal and More Asia Real Estate Headlines
In today’s instalment of Mingtiandi’s regional roundup, Singapore’ CDL has appointed Deloitte as an external financial advisor to evaluate its investment in a mainland property developer after a veteran board member and cousin of founder Kwek Leng Beng resigned over… Read More>>
Hines JV Wins $346M Loan for India Office Project and More Asia Real Estate Headlines
Leading today’s real estate news, US developer Hines has won a loan for an office project in northern India, while a Korean REIT buys up 20 floors of a central Seoul high rise.
Also in the headlines, Singapore’s Millennium &… Read More>>
Singapore’s ESR REIT to Merge with Sabana REIT in S$397M Deal
Hong Kong-based logistics developer and fund manager ESR, which has $22.1 billion in assets under management, is consolidating its presence in Southeast Asia’s highest value market by merging a pair of Singapore industrial real estate investment trusts it manages in… Read More>>
Blackstone REIT Stocks Up on India Assets and More Asia Real Estate Headlines
India takes the lead in Mingtiandi’s roundup of real estate headlines today as a Blackstone-backed REIT aims to add $903 million in office assets to its portfolio. The manager of Asia’s biggest REIT also gets some ink as it renegotiates… Read More>>
Wanda Sports Shares Fall 36% on Debut and More Asia Real Estate Headlines
A disappointing Nasdaq IPO leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a mainland developer’s sports and media arm saw its shares drop by more than a third after scaling back the… Read More>>
ESR Invests S$62.2M to Take Control of Singapore’s Sabana REIT
Pan-Asian logistics group ESR continued its mission to build a heavyweight player in Singapore’s fragmented industrial REIT sector this week, with a set of deals that boosts its stake in SGX-listed Sabana REIT to where it owns more units in… Read More>>
Asia Real Estate People in the News 2018-01-29
Singaporean trusts feature in this week’s edition of People in the News, with a pair of industrial and business space REIT managers getting new leadership. Hong Kong has also seen some high-profile personnel moves, as a retail maven heads up… Read More>>
