Asia real estate and outbound investment news
In today’s roundup of regional news headlines, debt-saddled developer Shimao floats a proposal to repay $11.8 billion over eight years, a Shanghai mega-mall reels from COVID-led lockdowns, and Link REIT extends a rent holiday for Hong Kong tenants.
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Fairview Park Town Centre, a shopping complex in Hong Kong’s Yuen Long area, entered the pandemic facing increased competition both online and offline, but has been able to increase total rental income by 20 percent and boost footfall through a… Read More>>
In today’s roundup of regional news headlines, Aussie giant Macquarie’s fund management arm picks up a stake in the UK unit of Singapore’s ST Telemedia Global Data Centres, Hongkongers lose their appetite for Greater Bay Area homes, and luxury brand… Read More>>
In today’s roundup of regional news headlines, the trading prices of China’s high-yield dollar bonds near a record low as a loan boycott threatens to spread from homebuyers to construction firms. In Hong Kong, meanwhile, some apartment buyers face a… Read More>>
A set of retail shops in one of the oldest shopping centres in downtown Singapore is on the market for S$60 million ($42.65 million) as the neighbourhood gets a lift from nearby rejuvenation projects like CapitaLand’s Funan mall.
Four strata… Read More>>
UK private equity firm Schroders has agreed to buy a northern Singapore mall for S$208 million ($154.8 million), as neighbourhood retail continues to attract property investors during the COVID-19 era.
The British finance firm, which took over Hong Kong’s Pamfleet… Read More>>
In today’s roundup of regional news headlines, TikTok maker ByteDance buys into a Beijing-based real estate brokerage, a Singapore-listed REIT picks up three office assets in the western US, and Sydney-based AirTrunk opens its first data centre in the Tokyo… Read More>>
A western Singapore mall has become Firmus Capital’s second acquisition in the city-state, boosting the local private equity firm’s newly launched Firmus Opportunity Fund VCC to S$200 million ($147.8 million) in assets under management.
The single-storey Le Quest Mall in… Read More>>
China’s first operator of international luxury outlet malls, Florentia Village, congratulated its tenth year in the country on June 12; the group presided over a celebration to attribute the company’s success to bringing affordable luxury and top quality experiences to… Read More>>
Singapore sovereign wealth fund GIC has made a further bet on middlebrow American retail by investing in a joint venture with New York-listed RPT Realty and two other US-based partners, targeting the acquisition of over $1.2 billion in strategic assets.
