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CapitaLand India Trust Kicks Off $54M Hyderabad IT Park Redevelopment

2025/01/20 by Bianca Cuaresma Leave a Comment

Singapore’s CapitaLand India Trust is set to commence the second phase of redevelopment of a tech park in the capital of Telangana state at an estimated investment of INR 4.5 billion ($52 million).

Phase two of the redevelopment of International… Read More>>

Queen's Wharf Brisbane

Mainland Magnate Buys Stake in Faltering Star Casinos and More Asia Real Estate Headlines

2025/01/20 by Michael Cole Leave a Comment

A Chinese coal tycoon is revealed to be an investor in troubled Australian casino firm Star Entertainment, with that story leading today’s headline roundup. Also in the news, Singapore’s CDL makes a buyout offer for its listed New Zealand hotel… Read More>>

NTT president and CEO Akira Shimada

NTT Said to Secure Banks for $1B Singapore Data Centre REIT

2025/01/13 by Bianca Cuaresma Leave a Comment

Asia’s data centre boom could bring the Singapore Exchange (SGX) its biggest initial public offering (IPO) since 2021, as one of the world’s largest data centre providers is reportedly moving forward with plans for a real estate investment trust (REIT)… Read More>>

MTD Pro Featured Image

Mingtiandi Goes Pro, Expands Coverage in 2025

2025/01/13 by Michael Cole Leave a Comment

As Mingtiandi begins its fourteenth year of daily publication in 2025, we are pleased to announce that we are stepping up our reporting to provide our readers with more breaking news and market intelligence from property markets across Asia Pacific.

… Read More>>

Open House Group president and CEO Masaaki Arai

Japan’s Open House to Take Over Builder Pressance With $390M Stake Buy

2025/01/13 by Christopher Caillavet Leave a Comment

Tokyo-listed residential developer Open House Group has made a tender offer to acquire the 36.58 percent of shares it does not already own in Osaka-based builder Pressance Corp for JPY 60.7 billion ($390 million).

A cash consideration is to be… Read More>>

Hui Wing Mau Shimao

Shimao Cuts Asking Price for Sheraton Hotel Complex Near Hong Kong Airport by 30%

2025/01/13 by Christopher Caillavet Leave a Comment

Shimao Group is making a fresh attempt to sell a Sheraton hotel complex near Hong Kong International Airport, with market sources confirming to Mingtiandi that the defaulted developer is seeking HK$4.5 billion ($580 million) for the dual-branded property.

In 2023… Read More>>

PropertyGuru CEO Lewis Ng

PropertyGuru Replaces CEO, Chairman After EQT Acquisition

2025/01/13 by Bianca Cuaresma Leave a Comment

Online real estate platform PropertyGuru announced on Monday that it is bringing in new leadership, exactly one month after Sweden’s EQT Group completed its acquisition of the property listings portal.

Singapore-based PropertyGuru announced the appointment of Lewis Ng, who had… Read More>>

Stonepeak-Backed Digital Edge Secures $1.6B for Asia Expansion

2025/01/06 by Bianca Cuaresma Leave a Comment

Data center operator Digital Edge announced on Monday that it has raised over $1.6 billion in equity and debt financing, with the capital earmarked for expanding its data center infrastructure in Asia.

The deal mix includes $640 million in equity… Read More>>

Max Biagosch, global head of real assets and head of Europe for CPPIB

CPPIB Exits Goodman US Warehouse JV With $1B Sale to Norway’s Norges

2025/01/06 by Christopher Caillavet Leave a Comment

The Canada Pension Plan Investment Board has sold its interest in a North American warehouse partnership with Australia’s Goodman Group, dealing the 45 percent stake to Norway’s sovereign wealth fund last week for $1.07 billion.

The transaction with Norges Bank… Read More>>

The Orie sales gallery in Toa Payoh

Morgan Stanley Says Singapore Home Speculation Could Lead to Fresh Cooling Measures

2025/01/06 by Christopher Caillavet Leave a Comment

With prices for private homes in Singapore up 2.3 percent on a quarterly basis in the last three months of 2024, Morgan Stanley says new cooling measures could be on the horizon if speculative purchases continue to amplify sales.

Robust… Read More>>

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