A potential sale of a trophy Japanese office building leads today’s list of real estate headlines from around Asia, with KKR said to have placed the top offer for Nissan’s headquarters. Also in the news, investors are shopping for bargain… Read More>>
Singapore Condo Flippers Score 100% Gains and More Asia Real Estate Headlines
Fast profits from Singapore condo sales lead today’s headline roundup, as city-state residents get hip to the dark art of property flipping. Also in the news, Japan’s One REIT completes its sale of a Tokyo office complex and Blackstone maps… Read More>>
Asia Real Estate People in the News 2024-08-05
A senior move at one of the UK’s largest asset managers leads this week’s review of personnel changes around Asia’s real estate world as M&G adds to its Singapore-based team. Also making the list are top-level turnover at financial regulators… Read More>>
Vnet Founder Gives Up Take-Private Bid as Blackstone-Backed Data Centre Firm Stays Listed
Vnet Group founder Josh Chen has withdrawn his long-standing offer to take the Chinese data centre operator private, arguing that the NASDAQ-listed firm would be better served remaining publicly traded.
Beijing-based Vnet confirmed Chen’s decision on Thursday after a Bloomberg… Read More>>
Asia Real Estate People in the News 2024-04-29
India leads this week’s collection of personnel moves from around the region, as Apollo Global Management is said to be witnessing some turnover. Also making the list are new directors at Guangzhou R&F Properties and Hong Kong’s Swire Properties.
Taeyoung Selling Stake in KKR JV in Restructuring and More Asia Real Estate Headlines
Distress in Korea’s property market leads Mingtiandi’s first headline roundup of 2024, with the parent of one of the country’s largest construction firms filing a debt workout plan. Also in the news, the Guangzhou city government is getting… Read More>>
State-Owned Mainland Investor Buying Control of Vnet Data Centres in $299M Deal
A state-run mainland investor is buying $299 million of new shares in Chinese data centre operator Vnet in a deal that will hand control of the Blackstone and GIC-backed company to the Shandong provincial government company.
A pair of subsidiaries… Read More>>
Asia Real Estate People in the News 2023-07-31
A new hire at a top US fund manager and an upgrade at one of Canada’s largest pension fund managers lead this week’s survey of personnel moves around Asia’s real estate industry, with a Beijing-based data centre operator and a… Read More>>
Poly, Vanke Win Shanghai Development Sites and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, some of China’s biggest developers bag plots in Shanghai’s maiden land sale of the year, and Fitch withdraws its ratings on Blackstone-backed data centre firm VNET. Also making the list is an industrial… Read More>>
Evergrande Creditors Extend Deadline on Domestic Bond and More Asia Real Estate Headlines
Turmoil in mainland China’s property sector leads the real estate news from around the region again today as the country’s biggest developer gets more time to pay debts and two of the world’s largest credit agencies withdraw ratings on seven… Read More>>