In today’s roundup of regional news headlines, a pricey piece of Hong Kong land picks up five bids at a government tender, luxury brand Prada plans to exit one of its largest Shanghai storefronts, and Singapore’s Keppel Corp assumes full… Read More>>
Join the Mingtiandi Multi-Family Investment Forum 2021 MTD TV Productions
As he COVID-19 pandemic has cast a pall over the prospects for investments globally, investments in the rental residential sector jumped by 157 percent during the first six months of 2020, compared to a year earlier.
To better understand… Read More>>
Mapletree Said Buying Would-Be Uber HQ in San Francisco Bay Area for $420M
Singapore’s Mapletree Investments is making another bet on the future of the US tech economy as the Temasek Holdings-controlled real estate firm is linked to the pending sale of an office building in the San Francisco Bay Area.
The Uptown… Read More>>
Brookfield to Kick Off $520M India REIT IPO on Wednesday
This Wednesday sees the initial public offering of Brookfield India REIT, which hopes to raise INR 3,800 crore ($520 million) as it becomes just the third real estate investment trust to trade on the Indian stock exchanges.
The REIT, sponsored… Read More>>
APAC Logistics Investment Volume Reached Record $13.5B in 2020
While the COVID-19 pandemic has dented industries globally, the crisis has created new levels of demand for logistics facilities, driving trades of warehouse assets to a record high in 2020, according to recently released statistics.
Preliminary findings from property information… Read More>>
Korea’s Hana Buys N Carolina Office Building for $201M and More Asia Real Estate Headlines
In today’s edition of our regional news roundup, a North Carolina office tower finds a South Korean buyer, office-sharing firm WeWork mulls another path to going public after its failed IPO, and a unit of China Evergrande Group eyes the… Read More>>
HNA Declares Bankruptcy, Begins Restructuring After Struggling to Pay Debts
China’s HNA Group, once one of the country’s most prolific global investors, has been sued by its creditors for failure to pay debts and is entering bankruptcy, according to a series of recent statements by the parent company of Hainan… Read More>>
UK Developer Grosvenor Appoints Kozo Hiratani as Japan President
Privately held Grosvenor on Monday announced the appointment of Kozo Hiratani as president of the UK property group’s business in Japan, effective 1 February.
Hiratani has extensive experience in the real estate industry, having worked at Mitsui Fudosan for 25… Read More>>
JLL Recruits Finance Veterans to Fill Japan, India Leadership Posts
Global property consultancy JLL made a pair of leadership appointments in Asia in the past week, looking outward to hire Ken Sakuramoto as head of equity advisory for Japan and Radha Dhir as chief executive for India.
Based in Tokyo,… Read More>>
Seoul Office Deals Reached Record $12.1B in 2020 and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Seoul records another banner year in office transactions, Singapore developer CapitaLand warns of a likely 2020 loss, and China Evergrande enjoys a sizeable fundraising for its electric vehicle arm.
Seoul… Read More>>
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