India’s rising property values lead today’s review of real estate news from around Asia, as ESR and Xander Investment Management are said to be shopping logistics portfolios at healthy prices. Also making the list is a $7 billion fund raising… Read More>>
GIC, Xander Buy India Business Park from Pimco Prime JV for $260M
Private equity firm Xander Investment Management announced on Wednesday that a partnership involving the company has acquired the Waverock office campus in the southern India city of Hyderabad from a Shapoorji Pallonji Group fund for INR 22 billion ($260 million),… Read More>>
Asia Real Estate People in the News 2024-01-08
Board moves at a pair of mainland China giants lead Mingtiandi’s roundup of personnel moves this week with the country’s biggest hotel operator named a new finance boss and CITIC adding a Huarong executive to its board. Also in the… Read More>>
Brookfield Buys Mumbai-Area Data Centre Site for $81M and More Asia Real Estate Headlines
India leads today’s roundup of regional news headlines, with Canada’s Brookfield securing land near Mumbai for a data centre site, Singapore’s Xander upping its Chennai warehouse space, and Google Cloud announcing a new cloud region in Delhi NCR. China Evergrande… Read More>>
Xander Buys West Bengal Warehouse Leased to Flipkart and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Xander Group becomes the latest player to tap the red-hot market for India sheds, Singapore property giant CapitaLand reports an operational recovery across portfolio asset classes, and SF REIT prices its Hong Kong… Read More>>
Giordano to Close Six More HK Shops Amid $112M Loss and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Hong Kong retailer Giordano plans to close six stores in the city after reporting a full-year loss, JD.com’s shares slide on fears of overstretched logistics spending, and China Evergrande’s chairman looks beyond his… Read More>>
Fitch Downgrades WeWork, Warns of Default and More Asia Real Estate Headlines
Over a year after its failed IPO, WeWork continues to make news with its financial struggles, as US credit rating giant Fitch warns that “default is a real possibility.”
Also in today’s real estate headlines, analysts have continued to point… Read More>>
APG-Xander JV Buys Pair of India Malls From Tata Realty for INR 7B
A joint venture between Xander Group and Dutch pension fund manager APG has acquired a pair of shopping malls in India from Tata Realty for INR 7 billion ($100 million), according to an announcement.
The acquisition of the two Trilium-branded… Read More>>
S&P Says Hong Kong Hotels May Face 50% Fall in Revenues and More Asia Real Estate Headlines
Collapsing hotel bookings lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that hoteliers in Hong Kong could see their revenues halved, according to ratings agency S&P, as visitors stay away from the… Read More>>
Co-Living Hotel Chain Launched in Singapore and More Asia Real Estate Headlines
Co-living hotels lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a Singapore-based restaurants owner is rolling out a line of millennial-friendly inns that cater to the sharing economy.
In other news around… Read More>>