Asia Pacific real estate investment news and information
Property investment collapsed in Singapore in the first three months of the year, as the COVID-19 pandemic threatened to pitch the city into its first recession in two decades.
Sales of hospitality assets disappeared completely, while office investments plunged to… Read More>>
Big Data Exchange, the data centre platform of Hong Kong internet provider HGC Global Communications, has completed the acquisition of its first facility outside of Greater China as part of a A$160 million ($102 million) deal as the company looks… Read More>>
A Softbank-backed hotel company leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the budget accommodation chain has furloughed thousands of staff.
In other news around the region, sliding home rents in one… Read More>>
A scandal-hit coffee company leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the co-founder of a BlackRock-backed chain of skinny latte outlets may be stepping back from his other ventures to prevent… Read More>>
Singapore’s landlords are bracing themselves for the biggest financial crisis of the century, with office leasing demand and property investment already disappearing as a result of the COVID-19 pandemic.
In a report released yesterday, Cushman & Wakefield said that office… Read More>>
Coffee leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a US investment bank is seizing shares in a scandal-hit coffee chain after the company’s chairman defaulted on a $518 million loan.
In… Read More>>
Ascendas Real Estate Investment Trust has acquired a 25 percent ownership interest in a Singapore business park for S$102.91 million ($72 million), after buying out the company’s Japanese development partner, according to an announcement by the SGX-listed REIT.
The manager… Read More>>
A flash estimate by the Singapore government has shown a 1.2 percent decline in the private residential property index, with experts predicting home prices to fall further as the city enters its first recession in two decades.
The Urban Redevelopment… Read More>>
On the same day that is completed an acquisition of a half-stake in a Temasek-backed alternative lender, Keppel Capital has committed $100 million to the real asset-focused fund manager’s latest debt vehicle.
The fund management division of Singapore’s Keppel Corp… Read More>>
Singapore developers, REITs and property analysts have thrown support behind the city’s new Resilience Budget, a S$48.5 billion ($34 billion) COVID-19 stimulus package that includes a 100 percent property tax rebate for qualifying commercial properties.
Minister for Finance Heng Swee… Read More>>
