In today’s roundup of regional news headlines, yet another Tokyo skyscraper could be going up for sale soon, this time the headquarters of Nippon Express. In China, a key executive of HNA Group has disappeared from the management roster, while… Read More>>
Seoul Office Deals Reached Record $12.1B in 2020 and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Seoul records another banner year in office transactions, Singapore developer CapitaLand warns of a likely 2020 loss, and China Evergrande enjoys a sizeable fundraising for its electric vehicle arm.
Seoul… Read More>>
Site in Singapore’s District 9 Sells for $46M and More Asia Real Estate Headlines
In Mingtiandi’s latest roundup of regional news headlines, two residential sites change hands in Singapore’s District 9, three former Convoy directors are cleared of fraud charges in a Hong Kong court, and Yotta Infrastructure plans to develop the first data… Read More>>
India’s Park Hotels Files for INR 10B IPO and More Asia Real Estate Headlines
Luxury hotels lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that an Indian hospitality group has filed paperwork for a $139 million initial public offering.
In other news around the region, a Mumbai-based… Read More>>
Allianz Fund Buys India Office Complex from Tishman Speyer, GIC for $250M
A fund backed by Allianz Real Estate and Indian developer Shapoorji Pallonji Group has notched India’s biggest commercial real estate deal of the year as the managers of the investment vehicle have agreed to purchase a landmark Hyderabad office development… Read More>>
HK$100B West Kowloon Site Expected to Bring JV Bids and More Asia Real Estate Headlines
All eyes are on a prime commercial site sitting atop West Kowloon’s high-speed rail terminus as developers line up joint bids for what should be Hong Kong’s most expensive property to ever go up for sale. Those quirky mainland millennials… Read More>>
WeWork May Pay $1B to Buy Out India JV Partner and More Asia Real Estate Headlines
Shared space giant The We Company brought in $2 billion in fresh cash this week, but already $1 billion of that may be on its way out the door, as the New York-based firm formerly known as WeWork seeks to… Read More>>
CPPIB JV Sells Chennai IT Park to Mapletree for $187M
Mapletree Investments has purchased an information technology park in Chennai, India, from the Canada Pension Plan Investment Board and its Indian partner for C$250 million ($187 million) as part of the Singaporean property developer and fund manager’s plan to expand… Read More>>
Allianz Sets Up $500M India Office Fund with Shapoorji Pallonji Group
German financial giant Allianz this week announced that it has partnered with India’s Shapoorji Pallonji Group to establish SPREF II, a Singapore-domiciled, Indian rupee-denominated fund that aims to raise the equivalent of $500 million for real estate investments in India.