Wing Tai Properties Limited and China Vanke on Tuesday won a tender for a residential site in Hong Kong’s Sha Tin district with a bid of HK$786.4 million (US$100 million), exceeding analyst predictions despite the city’s biggest housing downturn in… Read More>>
Korea’s NPS Backs Blackstone ESG Credit Platform and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, South Korea’s National Pension Service invests in Blackstone’s ESG credit platform, Link REIT and other Hong Kong-listed trusts launch a business association, and Singapore’s Wing Tai reports soaring profits.
Korea’s… Read More>>
Wing Tai Wins Tender for Singapore Lakefront Residential Project With $199M Bid
The Singapore arm of regional developer Wing Tai has entered the winning bid of S$273.9 million ($199.2 million) for a lakefront residential complex put up for collective sale in the city-state’s Jurong East area, providing further proof of growing builder… Read More>>
Wing Tai Buys Remaining 50% of Melbourne Properties and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Wing Tai buys out the remaining stake in several jointly owned properties in Australia, the HKEX freezes trading of 33 firms’ shares on earnings delays, and Societe Generale reportedly relocates at least a… Read More>>
GuocoLand Net Profit Up 48% and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore-listed developer GuocoLand posts a profit jump despite falling revenue, Sydney-based data centre operator AirTrunk opens its Japan headquarters, and Hong Kong home prices near a record high after rising for a seventh… Read More>>
POBA Commits $95M to AXA IM Life Science Fund and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, South Korea’s biggest pension fund is revealed as an investor in AXA’s life science property fund, Singapore-listed Prime US REIT secures a loan to finance a recent Florida acquisition, and Hong Kong developer… Read More>>
Standard Chartered Giving Up 11 HK Office Floors and More Asia Real Estate Headlines
In the latest roundup of regional news headlines, Standard Chartered is reportedly relinquishing the lease on eight floors it occupies in its namesake Hong Kong tower, Brookfield raises $233 million from its India REIT IPO, and mainland developer China Evergrande… Read More>>
Korean Investors Back $247M Dallas Warehouse Buy and More Asia Real Estate Headlines
Leading Asia’s real estate headlines today, a Korean investor consortium has teamed up with a US private equity firm to buy a warehouse complex near Dallas for $247 million and Singapore’s latest housing stats show prices holding steady as transaction… Read More>>
Jackie Chan’s Beijing Homes Put Up for Auction and More Asia Real Estate Headlines
Jackie Chan has played in more than 140 movies in his nearly 60 year film career but now the action star is starring in another real life drama as a set of apartments occupied by the actor and his family… Read More>>
Blackstone Plans $599M India Office REIT IPO and More Asia Real Estate Headlines
Following the success of India’s first REIT last year, Blackstone is headed back to the subcontinent’s public markets again, as the US private equity giant and local partner K Rajeha get ready to raise $599 million for an office park… Read More>>