Hong Kong residents may be sick of the city’s ongoing housing crisis but at least a few thousand of them seem to have found the government’s proposed cure to be worse than the illness. Protests over the weekend lead today’s… Read More>>
Singapore’s ESR-REIT, Viva Industrial Trust Propose $2.2B Merger
The managers of ESR-REIT and Viva Industrial Trust (VIT) have announced a proposed merger that would create Singapore’s fourth-largest industrial real estate investment trust by asset value, totalling about S$3 billion ($2.2 billion).
Through the proposed deal, which would mark… Read More>>
Warburg Pincus-Backed ESR-REIT Proposes Merger With Viva Industrial Trust
Warburg Pincus-backed e-Shang Redwood REIT (ESR-REIT) has proposed a merger with Viva Industrial Trust to create the fourth-largest Singapore-listed industrial REIT.
ESR-REIT announced the proposed merger with Viva Industrial Trust, a mainboard-listed business park and industrial REIT, this week after… Read More>>
ESR Snaps Up 15% Stake in Aussie Fund Manager and More Asia Real Estate Headlines
Warehouses lead the region’s real estate news again today as logistics developer e-Shang Redwood appears to be making a long-awaited expansion into the Aussie market. The Warburg Pincus-backed shed group has now bought into two industrial-focused Australian property groups since… Read More>>
Greater China Real Estate People in the News 2016-05-31
Some of Asia’s best known developers and fund managers are changing their top management this week as a Li Ka-shing invested asset management firm finds a new head for its private funds division, a once defaulting developer gets a new… Read More>>