Asia real estate and outbound investment news
Singapore’s Mapletree Investments has made its first foray into the logistics market of Japan’s third-largest island of Kyushu with the development of a warehouse near Fukuoka.
The first phase of Mapletree Chikushino Logistics Centre is nearing completion this month and… Read More>>
Director departures and appointments at Hong Kong-listed companies lead this week’s list of personnel changes from around Asia, with Kerry Properties losing a non-executive board member and top level changes at three property management firms. Also in the news are… Read More>>
In today’s roundup of regional real estate headlines, state-backed Singaporean investor Mapletree reports a 39 percent drop in net profit, and Hong Kong home price growth nearly grinds to a halt amid rising interest rates. Also in the news, Singapore’s… Read More>>
Despite expanding its portfolio by two properties in its most recent fiscal year and collecting nearly 8 percent more rent, Mapletree Logistics Trust (MLT) saw its income distributable to unitholders edge up by just 1.1 percent in the first quarter,… Read More>>
In today’s roundup of regional news headlines, costly provisions in a Dalian Wanda unit’s IPO plan raise eyebrows at China’s securities regulator, and Kaisa Group becomes the latest mainland developer to warn of a massive loss in its forthcoming results.
Canada’s Ivanhoe Cambridge is upping its bets on India’s commercial real estate sector with the announcement today of a partnership with Singapore’s Mapletree Investments to develop, acquire and operate workplaces for the country’s burgeoning tech sector.
Ivanhoe Cambridge, the real… Read More>>
Finance giants lead this week’s collection of personnel moves on Mingtiandi as two of Asia Pacific’s largest financial institutions make senior hires. Also making our list are a pair of director changes at Hong Kong-listed firms, a promotion at Gaw… Read More>>
PAG and Mapletree Investments said Thursday that they have agreed to form a joint venture to acquire Hong Kong’s Goldin Financial Global Centre from the property’s receivers for HK$5.6 billion ($713 million), confirming a Mingtiandi report from last month.
The… Read More>>
Mapletree Logistics Trust is selling an ageing warehouse near Singapore’s Changi International Airport to a local furniture retailer for S$22 million ($16.34 million), freeing up cash to invest in fresh assets, according to a bourse filing late Tuesday.
The trust’s… Read More>>
Following a series of failed tenders and cancelled sales of Hong Kong’s Goldin Financial Global Centre (GFGC) over the past two years, liquidators of the former headquarters of Goldin Financial Holdings are said to have reached a deal to sell… Read More>>
