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magnus ekborn lazada

ARA-Chelsfield Singapore Project Rechristened Lazada One as Alibaba Unit Relocates

2021/06/12 by Christopher Caillavet Leave a Comment

Lazada, the Southeast Asia online marketplace owned by Chinese e-commerce giant Alibaba, has slapped its name on its new Singapore home as it prepares to move into the building owned by ARA Asset Management and UK-based Chelsfield.

Earlier this year,… Read More>>

Hongkong Land Confident Asia’s World City Still Revolves Around Central

2021/06/07 by Michael Cole Leave a Comment

Hongkong Land has been leasing out a few more floors in its Exchange Square complex, and the blue-chip developer’s head of commercial property is sounding confident that top corporates will want to stay in the core of the world’s most… Read More>>

Kelvin Chow - Lendlease

Lendlease REIT Investing $255M to Boost Stake in Singapore Commercial Complex

2021/06/07 by Christopher Caillavet Leave a Comment

SGX-listed Lendlease Global Commercial REIT has agreed to pay S$337.3 million ($254.7 million) to boost its slice of a western Singapore mixed-use development, following a recent fundraising.

LREIT’s second major investment since its 2019 IPO will see the real estate… Read More>>

Anseong Logistics Park

ESR Korean REIT Buys $145M Warehouse and More Asia Real Estate Headlines

2021/06/07 by Danat Krairiksh Leave a Comment

Warehouses lead today’s collection of property news from around Asia, as ESR’s Korean REIT purchases a fully leased warehouse from its sponsor.

Also in the headlines, New World has sold out the latest phase of a project in the New… Read More>>

George Hongchoy - Link

Link REIT Buying Guangzhou Mall for $501M

2021/06/05 by Michael Cole Leave a Comment

Asia’s largest real estate investment trust has made its second major bet on mainland China retail this year with the RMB 3.2 billion ($501 million) acquisition of a shopping mall in Guangzhou.

Link REIT announced late Friday that it was… Read More>>

cindy chow mnact

Mapletree North Asia Commercial Trust to Add HP Japan Building for $350M

2021/05/31 by Christopher Caillavet Leave a Comment

Singapore-listed Mapletree North Asia Commercial Trust has agreed to buy a Tokyo office building fully occupied by Hewlett-Packard Japan for JPY 38.8 billion ($350 million).

MNACT will acquire an effective interest of 98.47 percent in the nine-storey office block in… Read More>>

hari krishna cppib

CPPIB Commits $77M to Kolkata Retail JV With Phoenix Mills

2021/05/31 by Christopher Caillavet Leave a Comment

Fund managers from Canada’s biggest pension plan are teaming up with Indian mall developer Phoenix Mills on a retail joint venture in Alipore, Kolkata.

The Canada Pension Plan Investment Board and its longtime Indian partner will develop a retail centre… Read More>>

Lim Chow Kit - GIC CEO

Singapore’s GIC to Open Office in Australia

2021/05/31 by Michael Cole Leave a Comment

Singapore’s sovereign wealth fund has become one of the biggest foreign investors in Australia, thanks to acquisitions of offices, warehouses and other assets, and now it plans to set up a permanent presence in the country as it looks for… Read More>>

BentallGreenOak Fund Gets $241M in Korean Cash and More Asia Real Estate Headlines

2021/05/31 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, Korean investors pledge more than $240 million to BentallGreenOak’s UK-focused real estate debt fund, Seoul-based Hana Alternative Asset Management trumps 16 Japanese bidders to win an Osaka logistics property, and Singapore’s Keppel Land… Read More>>

Frasers Logistics & Commercial Trust Buying 6 European Properties for $412M

2021/05/24 by Christopher Caillavet Leave a Comment

Frasers Logistics & Commercial Trust is acquiring its first warehouse property in the UK as part of a S$548.7 million ($412.2 million) purchase of six European assets announced to the Singapore exchange on Monday.

FLCT’s new UK prize is being… Read More>>

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