In today’s roundup of regional news headlines, Singapore’s Empyrion DC bags a loan to fund its first Korean data centre project, and a Vietnam drinks tycoon is the latest to be snared in the country’s graft crackdown.
Thailand’s Central Eyes Stake in Vietnam Retail Group and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Thai retail giant Central is reportedly in talks to acquire a stake in Vietnam mall operator Vingroup, and China Vanke posts a rare profit in the mainland developer world.
Vietnam’s… Read More>>
Sunac China Sweetens Offshore Debt Deal and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, developer Sunac China reaches a deal with holders of 30 percent of its offshore debt, and Best Mart 360’s co-founders enter an agreement to sell a large stake in the Hong Kong store… Read More>>
Mansion on Hong Kong’s Peak Eyes Asia Price Record and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a mainland buyer circles a Hong Kong mansion for a potential record-breaking deal, and Evergrande’s restructuring plan receives lukewarm reviews.
Barker Road Mansion Set to Sell for Record Price Per… Read More>>
CapitaLand Said Investing $1.5B to Acquire Projects From Vietnam’s VinGroup
Singaporean heavyweight CapitaLand Group is in talks to purchase Vietnamese real estate projects worth $1.5 billion from the country’s largest listed developer, Vinhomes JSC, according to an account by Reuters on Monday.
CapitaLand is in talks with the Hanoi-based firm… Read More>>
Singapore’s Frasers in $250M Vietnam Industrial JV with Hanoi’s Gelex
Frasers Property is adding a second industrial joint venture to its business in Southeast Asia’s fastest growing economy as the company introduces a VND 6 trillion ($250 million) strategy to develop and operate warehouses and manufacturing space across northern Vietnam.
Vietnam’s Lodgis to Expand Hotel Network, Enter Korea Alongside Hanwha Group
Lodgis Hospitality Holdings on Wednesday announced a tentative agreement with South Korea’s Hanwha Group on development, investment and management of future hotel and resort projects across Asia.
The chief executives of Warburg Pincus-backed Lodgis and Hanwha Hotels & Resorts signed… Read More>>
Adani Loses $9.4B in Value on Short-Sale Report and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, the Indian conglomerate led by Asia’s richest man reels from a report denouncing the business as a con, and the property manager owned by Britain’s King Charles III takes legal action against Twitter… Read More>>
ESR Invests $208M in Vietnam’s BW Industrial as SE Asia Expansion Continues
Fund manager ESR is buying into the Vietnam growth story by taking an equity stake in its local partner BW Industrial as part of a funding round which could raise up to $450 million for the Ho Chi Minh City-based… Read More>>
CapitaLand, ALP Set Up $740M SE Asia Logistics Fund With Thailand’s Pruksa
Singapore’s CapitaLand Investment and Taiwan-based Ally Logistic Property have joined forces with Thai developer Pruksa Holding to establish a Southeast Asia warehouse fund with a target size of S$1 billion ($740 million) in assets under management.
The three partners have… Read More>>
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