LaSalle Investment Management late last week issued a statement announcing its second joint venture with Singapore’s TE Capital Partners, confirming a Mingtiandi report from earlier in the week that the pair have teamed up to purchase an office building in… Read More>>
TE Capital, LaSalle Make Singapore’s Largest Office Buy of the Year in $331M Deal
TE Capital Partners has joined with LaSalle Investment Management to acquire a commercial building in Singapore’s Orchard area for nearly S$450 million ($331 million), in a deal which marks Singapore’s largest office deal of 2023.
A fund advised and operated… Read More>>
Boustead Fund Acquires Singapore Industrial Building For $75M
A fund led by Singapore’s Boustead Projects and Metro Holdings is acquiring an industrial facility in the city-state’s Paya Lebar region for S$98.8 million ($75.16 million) as Boustead expands its management of third party capital.
The SGX-listed duo, together with… Read More>>
Metro-Backed Vehicles Bag 4 UK Student Housing Assets, Aussie Mall for $144M
A fund backed by Singaporean property group Metro Holdings has added four more UK student housing assets to its portfolio, while a Metro joint venture with Lion City builder Sim Lian Group has become the latest Asian buyer of an… Read More>>
China Urges Banks to Support Property Sector and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Chinese developers get a boost on reports that regulators are urging lenders to support the country’s beleaguered property sector, while Hong Kong’s housing market flashes weakness as nearly a quarter of available flats… Read More>>
Shimao Asks for Repayment Delay on $183M in Debt and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, cash-strapped Shimao Group seeks an extension for repayments on asset-backed securities, private equity bigfoot Blackstone raises its offer for Australia’s Crown Resorts a third time, and Singapore’s Metro Group forms an investment alliance… Read More>>
Metro JV Buys Aussie Shopping Centre for $99M and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a joint venture featuring Singapore’s Metro Holdings buys an Australian shopping centre, shares of Evergrande’s EV unit jump after chairman Xu Jiayin touts a long-term plan to make electric cars the group’s main… Read More>>
Student Housing Fund Backed by Singapore’s Metro Buys UK Asset for $41M
Singaporean property group Metro Holdings has added a second asset to its student housing fund with the purchase of a 181-bed accommodation near the University of Bristol in southwest England.
The fund, Paideia Capital UK Trust, bought the six-storey Dean… Read More>>
Metro Holdings Invests S$77M in Boustead SG Fund and More Asia Real Estate Headlines
In this edition of Mingtiandi’s news roundup, a Singapore-listed property group expands its hometown presence with the acquisition of some industrial assets, a Guangzhou developer’s shares tumble amid reports of a city-led bailout, and Carrefour closes on the purchase of… Read More>>
Mapletree Logistics Trust Buys Hiroshima Warehouse and More Asia Real Estate Headlines
In Mingtiandi’s latest roundup of regional news headlines, Singapore’s Mapletree adds a Japanese warehouse facility to its logistics trust, a South Korean-led joint venture makes its own logistics purchases in middle America, and Singapore’s Metro Holdings launches a student housing… Read More>>