A unit of bankrupt builder China Evergrande has received a liquidation order from a Hong Kong court, with that story leading today’s headline roundup. Also in the news, four developers submit bids for a site near Hong Kong’s international airport… Read More>>
Winland Group’s Lun Family Selling Hong Kong Hotel to Airport Authority for $98M
A firm controlled by the Lun family behind real estate investor Winland Group has agreed to sell an 800-room hotel to Hong Kong’s airport authority for HK$765 million ($98.2 million), as acquisitions by governmental bodies and non-profits continue to sustain… Read More>>
Frasers Property Chairman Charoen Retires as Developer Welcomes New Directors
Thai billionaire Charoen Sirivadhanabhakdi has retired from his role as chairman of Frasers Property as part of a board refresh at the Singapore-based real estate giant.
Charoen, the 80-year-old patriarch of Frasers Property’s controlling family, stepped down on 8 February… Read More>>
GIC Industrial JV Buys Vancouver Project for $100M and More Asia Real Estate Headlines
GIC teams with a Canadian REIT to buy a North Vancouver industrial project, with that deal leading today’s headline roundup. Also in the news, Singtel’s Nxera secures financing for a Singapore data centre and Temasek’s SeaTown lends $100 million to… Read More>>
Gaw JV Buys Central Tokyo Mall for $1B as Japan Dealmaking Stays Hot
Fund manager Gaw Capital Partners has acquired an 11-storey mall in Tokyo’s prime Ginza district under a joint venture with Patience Capital Group, with market sources who spoke to Mingtiandi on Friday confirming a deal value of $1 billion.
Hong… Read More>>
GuocoLand Places $464M Top Bid for Residential Site in Singapore’s River Valley
Singapore’s GuocoLand continued to demonstrate its appetite for land this past week as the developer placed the highest of five bids for a residential site in Singapore’s River Valley area.
The builder controlled by tycoon Quek Leng Chan offered S$627.8… Read More>>
Gaw Capital Leads $260M Fundraise to Shore Up Hong Kong’s CSI Properties
Hong Kong real estate group CSI Properties is reinforcing its balance sheet amid a slumping local market with HK$2 billion ($260 million) in fresh fundraising, including HK$758 million in new equity capital from fund manager Gaw Capital Partners.
CSI will… Read More>>
CapitaLand Ascott Trust Adds Two Japanese Hotels for $140M
After a series of Japanese asset divestments in 2024, CapitaLand Ascott Trust is replenishing its portfolio in its third-largest market by asset value, announcing the purchase of two hotel properties in the country for JPY 21 billion ($140 million).
The… Read More>>
Hines JV to Develop Condo-Led Complex on Delhi’s Birla Mills Site
US builder Hines has joined a trio of Indian partners to develop a residential-led mixed-use complex on the site of a former cotton mill in Delhi.
The project will feature 3 million square feet (278,709 square metres) of condo residences… Read More>>
China Housing Market Declines Further in January and More Asia Real Estate Headlines
China’s housing market continues to slide despite stepped-up efforts to boost sentiment, with that story leading today’s headline roundup. Also making the list, WeWork India files for an initial public offering and Brookfield India REIT reports a rise in leasing.
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