PGIM Real Estate and Elanor Investors Group have agreed to buy a last-mile logistics site in a southeastern suburb of … Read More>>
Featured Stories
ESR Books 62% Gain on $68M Sale of Sydney Logistics Estate to Australia’s Arrow Capital
![Kurt Wilkinson, founding partner of Arrow Capital Partners](https://www.mingtiandi.com/wp-content/uploads/2024/06/Kurt-Wilkinson-Arrow-348x196.jpg)
ESR has sold a north Sydney logistics estate to Australian real estate investment manager and operator Arrow Capital … Read More>>
Sponsored Features
Asia Pacific Dominates Global Land and Development Site Investments: Global Capital Flows Q1 2024
![](https://www.mingtiandi.com/wp-content/uploads/2023/03/Chris-Pilgrim_V2-2-348x196.jpg)
Asia Pacific’s Top Capital Destinations and Sources Four of the top five global cross-border capital destinations for … Read More>>
Unlocking Tangible Office Real Estate Savings
![](https://www.mingtiandi.com/wp-content/uploads/2024/06/Colliers-Mike-Davis-e1718175792205-348x196.jpg)
Business leaders are currently dealing with the crucial question - how can they effectively optimise resources, maximise … Read More>>
Breaking News
![Steve Bulloch, head of Australia at PGIM Real Estate](https://www.mingtiandi.com/wp-content/uploads/2024/07/PLS23_Speaker-Headshots_800x800_Steve-Bulloch.png-150x150.webp)
PGIM in JV With Australia’s Elanor to Buy Melbourne Logistics Site
PGIM Real Estate and Elanor Investors Group have agreed to buy a last-mile logistics site in a southeastern suburb of Melbourne, launching the first-ever joint venture between the US and Australian … Read more>>
![Kurt Wilkinson, founding partner of Arrow Capital Partners](https://www.mingtiandi.com/wp-content/uploads/2024/06/Kurt-Wilkinson-Arrow-150x150.jpg)
ESR Books 62% Gain on $68M Sale of Sydney Logistics Estate to Australia’s Arrow Capital
ESR has sold a north Sydney logistics estate to Australian real estate investment manager and operator Arrow Capital Partners for A$101.8 million ($68 million) in Australia’s largest single-asset … Read more>>
![Rangu Salgame](https://www.mingtiandi.com/wp-content/uploads/2024/07/Rangu-Salgame-e1720099912589-150x150.jpg)
PDG Completes First Phase of 150MW Data Centre Campus in Southern Malaysia
Princeton Digital Group has delivered the 52-megawatt initial phase of its 150MW JH1 data centre campus, coming less than 14 months after it acquired the development site in Malaysia’s southern Johor … Read more>>
![](https://www.mingtiandi.com/wp-content/uploads/2024/07/China-Vanke-150x150.jpg)
Vanke-Linked Wealth Products Miss Payment Deadline and More Asia Real Estate Headlines
A Chinese online financing company fails to pay investors linked to China Vanke, with that story leading Mingtiandi’s headline roundup today. Also making the news, PwC names a new China head and … Read more>>
![Masatomo Okamoto,head of Japan at AM Alpha](https://www.mingtiandi.com/wp-content/uploads/2024/07/Okamato-Masatomo-150x150.jpg)
Germany’s AM Alpha Sells Tokyo Multi-Family Asset to Mitsui Private Fund
German family office AM Alpha has sold a newly completed rental apartment building in eastern Tokyo to a private fund managed by Mitsui & Co. The 10-storey multi-family asset in Koto ward, … Read more>>
![David Giordano, BlackRock’s global head of climate infrastructure](https://www.mingtiandi.com/wp-content/uploads/2024/07/DavidGiordanoBlackRockFinal-e1720008094374-150x150.jpg)
Google Invests in BlackRock-Owned Solar Developer to Power Taiwan Data Centre
Google has unveiled an investment in New Green Power (NGP), a Taipei-based solar developer wholly owned by a BlackRock-managed fund, as part of a partnership with BlackRock’s Climate Infrastructure … Read more>>
![David McKellar of CBRE](https://www.mingtiandi.com/wp-content/uploads/2024/07/David-McKellar-150x150.jpg)
Singapore Core CBD Office Rents Stayed Flat in Q2, Snapping 3-Year Growth Streak: CBRE
Grade A office rents in Singapore’s core central business district remained flat in the April-June period after 12 straight quarters of increases, according to CBRE. Second-quarter rents averaged … Read more>>
![Yang Huiyan Country Garden](https://www.mingtiandi.com/wp-content/uploads/2022/12/Yang-Huiyan-Country-Garden-1-150x150.jpg)
Country Garden’s Home Sales Slump Persists and More Asia Real Estate Headlines
Distressed Country Garden leads Mingtiandi’s headline roundup today as the developer’s home sales continue to slump while China Vanke’s recent growth stalls. Australia’s AirTrunk also makes the news … Read more>>
Real Estate Finance
Germany’s AM Alpha Sells Tokyo Multi-Family Asset to Mitsui Private Fund
![Masatomo Okamoto,head of Japan at AM Alpha](https://www.mingtiandi.com/wp-content/uploads/2024/07/Okamato-Masatomo-348x196.jpg)
German family office AM Alpha has sold a newly completed rental apartment building in eastern Tokyo to a private fund … Read More>>
Hines Teams With Mitsubishi, Mitsui to Buy Singapore Warehouse From Tobacco Giant
![](https://www.mingtiandi.com/wp-content/uploads/2024/07/Kian-Fong-Lim-of-Hines-348x196.jpg)
Hines has acquired a northern Singapore logistics asset in partnership with Japan’s Mitsubishi Estate and Mitsui & … Read More>>
BlackRock Acquires Private Markets Data Provider Preqin for $3.2B
![larry fink blackrock](https://www.mingtiandi.com/wp-content/uploads/2024/01/larry-fink-blackrock-348x196.jpg)
BlackRock has agreed to acquire Preqin, a London-based provider of private markets data for £2.55 billion ($3.2 billion) … Read More>>
Singapore
Singapore Core CBD Office Rents Stayed Flat in Q2, Snapping 3-Year Growth Streak: CBRE
![David McKellar of CBRE](https://www.mingtiandi.com/wp-content/uploads/2024/07/David-McKellar-348x196.jpg)
Grade A office rents in Singapore’s core central business district remained flat in the April-June period after 12 … Read More>>
Hines Teams With Mitsubishi, Mitsui to Buy Singapore Warehouse From Tobacco Giant
![](https://www.mingtiandi.com/wp-content/uploads/2024/07/Kian-Fong-Lim-of-Hines-348x196.jpg)
Hines has acquired a northern Singapore logistics asset in partnership with Japan’s Mitsubishi Estate and Mitsui & … Read More>>
Singapore Private Home Price Growth Slows to 1.1% as Sales Flatten
![URA chief executive officer Lim Eng Hwee](https://www.mingtiandi.com/wp-content/uploads/2023/12/URA-chief-executive-officer-Lim-Eng-Hwee-1-348x196.jpg)
Flash data showed that Singapore’s private home prices rose 1.1 percent in the second quarter of 2024, easing from 1.4 … Read More>>
Shanghai
Rockefeller JV Selling Shanghai Bund Buildings to Tencent, Ant-Backed Insurer for $199M
![Ou Yaping Zhong An](https://www.mingtiandi.com/wp-content/uploads/2024/05/Ou-Yaping-Zhong-An-1-348x196.jpeg)
A joint venture controlled by New York’s Rockefeller Group has agreed to sell a pair of office buildings on Shanghai’s … Read More>>
Warburg Pincus-Backed Rental Housing Platform Outperforms in Shanghai
![Qiqi Zhang Warburg Pincus](https://www.mingtiandi.com/wp-content/uploads/2024/05/Qiqi3-348x196.jpg)
Vlinker, an apartment operator backed by Warburg Pincus, has built Shanghai's largest portfolio of rental housing while … Read More>>
Warburg Pincus, VLinker to Take the Stage After Opening 8,000 Apartments in April
![Qiqi Zhang, Managing Director, Warburg Pincus](https://www.mingtiandi.com/wp-content/uploads/2024/05/Zhang_Qiqi_2011_FINAL_580-348x196.jpg)
China’s housing market has faced a historic slide over the past year, but a major US private equity firm is set to take … Read More>>
Projects
Mitsui Fudosan Buys Two-Thirds Stake in $1.3B Sydney Office Project From Mirvac
![Mitsui Fudosan president Takashi Ueda](https://www.mingtiandi.com/wp-content/uploads/2024/06/Mitsui-Fudosan-president-Takashi-Ueda-348x196.jpg)
Mitsui Fudosan has acquired a 66 percent stake in a Mirvac office project near the Sydney harbourfront with an estimated … Read More>>
Singapore to Release Development Sites for 5,050 Homes in Second Half of 2024
![URA chief executive officer Lim Eng Hwee](https://www.mingtiandi.com/wp-content/uploads/2023/12/URA-chief-executive-officer-Lim-Eng-Hwee-1-348x196.jpg)
Singapore on Tuesday announced a second-half confirmed list of the Government Land Sales programme that would bring … Read More>>
Hong Kong’s Wang On Adds Chevalier as JV Partner for $243M Kowloon Residential Project
![Nick Tang Wang On](https://www.mingtiandi.com/wp-content/uploads/2021/09/Nick-Tang-Wang-On-1-348x196.jpeg)
Hong Kong-based developer Wang On Properties is bringing on local conglomerate Chevalier International Holdings as a … Read More>>
Asia Outbound
Singapore’s Elite Partners Capital Buys German Logistics Park From TPG AG JV
![Elite Partners Capital co-founder and CEO Victor Song (Image: Elite Partners Capital)](https://www.mingtiandi.com/wp-content/uploads/2024/06/Victor-Song-of-Elite-Partners-Capital-348x196.jpg)
Singapore-based fund manager Elite Partners Capital has acquired a logistics park near Germany’s automotive capital of … Read More>>
GIC Takes 62% Haircut on Sale of Stake in UK Megamall to Landsec for $152M
![GIC chief executive Lim Chow Kiat](https://www.mingtiandi.com/wp-content/uploads/2024/06/Lim-Chow-Kiat-348x196.jpg)
GIC has sold its 17.5 percent stake in the UK’s fifth largest mall to London-based developer and property investor Land … Read More>>
Data Centres
PDG Completes First Phase of 150MW Data Centre Campus in Southern Malaysia
![Rangu Salgame](https://www.mingtiandi.com/wp-content/uploads/2024/07/Rangu-Salgame-e1720099912589-348x196.jpg)
Princeton Digital Group has delivered the 52-megawatt initial phase of its 150MW JH1 data centre campus, coming less … Read More>>
Google Invests in BlackRock-Owned Solar Developer to Power Taiwan Data Centre
![David Giordano, BlackRock’s global head of climate infrastructure](https://www.mingtiandi.com/wp-content/uploads/2024/07/DavidGiordanoBlackRockFinal-e1720008094374-348x196.jpg)
Google has unveiled an investment in New Green Power (NGP), a Taipei-based solar developer wholly owned by a … Read More>>
Alibaba Shutting Down Data Centres in Australia, India as Sovereignty Issue Sharpens
![Joe Tsai - Alibaba](https://www.mingtiandi.com/wp-content/uploads/2021/07/Joe-Tsai-Alibaba-e1684763825359-348x196.jpg)
Alibaba will cease operations at its data centres in Australia and India, with the Chinese e-commerce titan’s cloud arm … Read More>>
Japan
Fosun’s Yuyuan to Sell Hokkaido Ski Resort for at Least $236M
![Guo Guangchang Fosun](https://www.mingtiandi.com/wp-content/uploads/2023/03/GettyImages-502652840-348x196.jpg)
A unit of mainland conglomerate Fosun International is planning to sell a ski resort with three onsite hotels in the … Read More>>
SC Capital-Sponsored Japan Hotel REIT Buying Four Properties in Okinawa, Tokyo for $350M
![Suchad Chiaranussati, SC Capital Partners](https://www.mingtiandi.com/wp-content/uploads/2021/02/Suchad-Chiaranussati-SC-Capital-Partners-780px-e1699544470145-348x196.jpg)
Japan Hotel REIT plans to acquire two full-service Okinawa properties and two budget hostelries in Tokyo’s Shinjuku ward … Read More>>
Avatar Capital Acquires Central Tokyo Luxury Residential Project at 30% Discount
![Avatar Capital founding partner Angel Li](https://www.mingtiandi.com/wp-content/uploads/2024/06/angelli-e1719035701428-348x196.jpeg)
Asia-based Avatar Capital Partners has closed on the purchase of a 70-unit luxury residential development in the … Read More>>
Hong Kong
Gaw Positioned to Take Full Ownership of Hong Kong Office Complex as Partner Falters
![Goodwin Gaw](https://www.mingtiandi.com/wp-content/uploads/2021/11/Goodwin-Gaw-e1719838620584-348x196.jpg)
Hong Kong’s higher for longer interest rates and declining office market could be setting up private equity shop Gaw … Read More>>
University Buys Hong Kong Hotel for $128M as Mainland Enrollment Surges
![Hong Kong Metropolitan University president Paul Lam Kwan-sing](https://www.mingtiandi.com/wp-content/uploads/2024/07/President-Professor-Paul-Lam-Kwan-Sing-348x196.jpg)
Hong Kong Metropolitan University (HKMU) has acquired a 255-key hotel in Kowloon’s Hung Hom area for use as student … Read More>>
Hong Kong’s New World Secures New Loans, Pays Down Debt in $4.5B Liquidity Boost
![Adrian Cheng, CEO and executive vice-chairman of New World Development](https://www.mingtiandi.com/wp-content/uploads/2024/01/adrain-cheng-3--e1705665074879-348x196.jpg)
New World Development has completed HK$35 billion ($4.5 billion) worth of new loan arrangements and debt repayments … Read More>>
MTD TV
Aussie Logistics Investment to Accelerate as Shed Demand Remains Strong: MTD TV
![Simon Sayers, ESR Australia](https://www.mingtiandi.com/wp-content/uploads/2023/11/Simon-Sayers-ESR-Australia-780px-348x196.jpg)
As Australia’s logistics property sector continues to normalise following a pandemic-driven surge, investment in Aussie … Read More>>
Supply Chain Shifts Continue to Drive India and Southeast Asia Logistics Growth: MTD TV
![Fion Ng, BW Industrial](https://www.mingtiandi.com/wp-content/uploads/2023/04/Fion-Ng-BW-Industrial-348x196.jpeg)
Demand for sheds in India and Southeast Asia’s developing economies will continue to see strong secular growth on the … Read More>>
Southeast Asia, India and Australia Feature in Mingtiandi Logistics Forum This Week
![Fion Ng, BW Industrial](https://www.mingtiandi.com/wp-content/uploads/2023/04/Fion-Ng-BW-Industrial-348x196.jpeg)
After exploring the China, Japan and Korea markets this past week, Mingtiandi’s APAC Logistics Forum continues in the … Read More>>
Research & Policy
Singapore Core CBD Office Rents Stayed Flat in Q2, Snapping 3-Year Growth Streak: CBRE
![David McKellar of CBRE](https://www.mingtiandi.com/wp-content/uploads/2024/07/David-McKellar-348x196.jpg)
Grade A office rents in Singapore’s core central business district remained flat in the April-June period after 12 … Read More>>
Singapore Private Home Price Growth Slows to 1.1% as Sales Flatten
![URA chief executive officer Lim Eng Hwee](https://www.mingtiandi.com/wp-content/uploads/2023/12/URA-chief-executive-officer-Lim-Eng-Hwee-1-348x196.jpg)
Flash data showed that Singapore’s private home prices rose 1.1 percent in the second quarter of 2024, easing from 1.4 … Read More>>