Taubman sells interest in China shopping center to Blackstone
Taubman Centers, Inc., an S&P MidCap 400 Real Estate Investment Trust engaged in the ownership, management and/or leasing of 26 regional, super-regional and outlet...
Cromwell sells 50% stake in Chatswood office building for A$120m
Cromwell Property Group has sold a 50% stake in 475 Victoria Avenue, Chatswood, a business centre in Sydney’s North Shore region, for A$120 million,...
KKR, IGIS and SK D&D acquire Namsan Square in Seoul
Global investment firm KKR, Korea’s largest real estate fund manager IGIS Asset Management (“IGIS”), and leading Korean real estate developer SK D&D today announced...
New World sells interests in two Hong Kong shopping malls for HK$3bn
New World Development Company Limited (NWD) has sold all of its economic interests in two shopping malls to MTR Corporation for HK$3 billion ($380...
Commerz Real buys hotel in Kyoto, Japan for €200m
Commerz Real, a subsidiary of Commerzbank AG, has acquired a hotel, Onyado Nono in Kyoto, Japan for €200 million for its open-ended real estate...
Singapore real estate market to remain resilient in 2020: CBRE
According to CBRE’s latest research report “Real Estate Market Outlook 2020 – Singapore”, the property market in Singapore is expected to remain resilient in...
SPH buys aged care portfolio in Canada for C$232.9m
Singapore Press Holdings Limited (SPH), through a wholly-owned subsidiary, has signed an agreement with affiliates of Columbia Pacific Advisors, LLC to acquire a portfolio of...
Cromwell lodges development application for A$85m office building in Canberra
Cromwell Property Group (Cromwell), a real estate investment manager listed on the Australian Securities Exchange, has lodged an $85 million development application (DA) for...
ARA, QuadReal JV acquire Grade A office project in Melbourne
A joint venture between ARA Asset Management Limited (ARA), a global real assets fund manager, and QuadReal Property Group (QuadReal), a global real estate...
Hongkong Land acquires prime mixed-use site in Shanghai for US$4.4bn
Hongkong Land Holdings Ltd, a unit of the Jardine Matheson Group, announced that it has acquired a prime 23.1 hectare mixed-use site on the...
PropTech firms optimistic about growth of their market, says KPMG survey
Real estate companies are increasing their engagement with digital, with 58 percent stating they have a digital strategy in place, up from 52 percent...
ESR to build largest logistics facility in Greater Nagoya, Japan
Asia-Pacific focused logistics real estate platform ESR Cayman Limited (ESR) announced that it will invest an estimated JPY27 billion (approximately US$245 million) to develop...
