Sydney leads the way in Mingtiandi’s roundup of real estate headlines today with the news that a Singapore-based data centre fund has spent $20 million to purchase a 3,840 square metre (41,333 square foot ) plot in the Australian city… Read More>>
ARA REIT Buys Adelaide’s Allianz Centre and More Asia Real Estate Headlines
A Singapore REIT leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the real estate investment trust has targeted Australia’s fifth largest city with a $104 million office buy.
In other news across… Read More>>
ARA’s Suntec REIT Agrees to Buy Sydney Office Project for A$297M
Singapore-listed real estate investment trust Suntec REIT has agreed to acquire its fourth Australian commercial property, an office project in the Sydney tech hub of Pyrmont, for A$297 million ($208 million), according to an announcement to the stock exchange.
The… Read More>>
Lohas Park MTR Project Pulls 11 Bids and More Asia Real Estate Headlines
The sale of a jumbo-sized housing plot in the New Territories has brought Hong Kong’s MTR Corporation a bumper crop of bids as the real estate market in the world’s priciest city shows signs of recovery.
The Asian financial hub’s… Read More>>
China Said to Pick New Head for Sovereign Fund and More Asia Real Estate Headlines
Sovereign funds, Swiss banks and French châteaux feature in today’s real estate headlines from around the region as China’s CIC is said to have found a new chief among the ranks at the country’s Bank of Communications, and finance heavyweight… Read More>>
ARA Sells Six Floors in SG’s Suntec City to Alpha for S$160M
ARA Asset Management on Thursday announced the sale of six office floors in Suntec City to Alpha Investment Partners, a subsidiary of Keppel Capital, for S$160 million ($117.8 million), in one of Singapore’s most expensive office sales in the past… Read More>>
HK Construction Giant Files for Liquidation and More Asia Real Estate Headlines
Economic stress lead’s today’s real estate news from around the region, as an 80-year-old Hong Kong construction company could be up for demolition after missing a $150 million bond payment this week, and mainland China’s oldest investment conglomerate hopes to… Read More>>
Asia Real Estate People in the News 2018-11-12
Top executives and board members of some of the region’s biggest property developers and investors are on the move as one of 2018’s biggest sellers of assets seems to have now disposed of the CEO of its key Hong Kong… Read More>>
Singapore’s Suntec City Hopes to Hook Up With 3 Mil Mainland Visitors Via Jack Ma’s Alipay
Nearly three million mainland visitors showed up in Singapore during the first 11 months of last year, and one of the city’s biggest shopping centres is angling to capture more of that PRC cash through a tie-up with Jack Ma’s… Read More>>
Suntec REIT Buys 50% of Melbourne Office Project for $328M
Singapore-listed Suntec REIT is buying a 50 percent stake in a downtown Melbourne office project from Australian property group Mirvac for A$417 million ($328 million), according to an announcement by the REIT’s manager, ARA Trust Management (Suntec) last week.
Once completed,… Read More>>
