India’s booming office park sector leads Mingtiandi’s headline roundup today with Embassy REIT planning to buy a Chennai property from its sponsor, Embassy Group. Also in the news, one of the mainland’s biggest banks has filed a wind-up petition against… Read More>>
Blackstone Sells Remaining Stake in India’s Embassy Office Parks REIT for $853.5M
Blackstone on Wednesday sold its remaining stake in India’s pioneering Embassy Office Parks REIT for around INR 71 billion ($853.5 million) via block sales on Indian stock exchanges, according to local media reports.
Affiliates of Blackstone exited the listed trust… Read More>>
Court Approves Sunac’s $10.2B Debt Restructuring and More Asia Real Estate Headlines
Sunac China Holdings could be on its way to becoming China’s first major developer to work out a debt restructuring deal with lenders, with that story leading today’s roundup of news from around the region. Also making the list is… Read More>>
PAG in Talks to Buy Sydney Office Tower From Dexus and More Asia Real Estate Headlines
Asian investment heavyweight PAG leads today’s list of real estate news from around Asia Pacific with news that the Hong Kong-based company is conducting due diligence on the potential acquisition of an office tower in Sydney. Also making the headlines… Read More>>
Asia Real Estate People in the News 2023-05-01
Mingtiandi leads off its first set of people moves for May with the appointment of new leadership for one of Asia Pacific’s longest-standing investment strategies. Also making our list this week are board level moves at Ping An Insurance, China… Read More>>
Bain Eyeing Stake in Blackstone’s Embassy REIT and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Blackstone reportedly holds talks with Bain Capital on the sale of a stake in Embassy Office Parks REIT, and China developer bonds snap back into shape on state-led support measures.
PwC Quits as Auditor for R&F, Shimao and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, auditors at some of China’s heavyweight property firms call it quits with annual reports still in limbo, Yuanta Securities’ Korean headquarters in the Seoul CBD changes hands, and Embassy Office Parks REIT plans… Read More>>
Oaktree Seizes Evergrande Jiangsu Project and More Asia Real Estate Headlines
Seizures of Evergrande projects lead our headline roundup again today as an FT report reveals that US-based debt investment specialist Oaktree has taken control of a second development from the troubled developer, following a story on a Hong Kong repo… Read More>>
Japan’s Unizo Teeters on Edge of Bankruptcy and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a creditor calls into question the solvency of Japanese hotel operator Unizo, Singapore home sales reach their highest level in more than two years, and the retreat of foreign banks from pricey Hong… Read More>>
K Wah $1.55B Nanjing Project Headlines E China Surge and More Asia Real Estate Headlines
In our latest roundup of regional news headlines, Hong Kong’s K Wah spearheads a development surge in the Yangtze River Delta, a Singapore logistics trust becomes the latest recipient of green financing, and the board of India’s Embassy Office Parks… Read More>>