Savills to acquire Eastdil Secured in $1.1bn deal
Savills Plc has agreed to acquire global real estate investment bank Eastdil Secured for an enterprise value of about $1.11 billion (£827 million), in...
Segro board signals support for Prologis’ final proposal
Segro plc said on Wednesday its board would be prepared to recommend Prologis Inc.'s best and final takeover proposal if the U.S. logistics real...
Australian global insurer QBE to join Victoria Harbour’s latest commercial building
Australian global insurer QBE will join anchor tenant ANZ in Victoria Harbour’s latest commercial building at 839 Collins Street, according to Lendlase's latest statement.
QBE will...
Port of Melbourne to move to Lendlease’s tower in Victoria Harbour
Port of Melbourne will join anchor tenant ANZ and Australia’s largest global insurer QBE at 839 Collins Street, taking almost 2,000sqm on Level 19...
Hyatt to open 21 new luxury hotels in Asia Pacific by 2020
Hyatt Hotels Corporation plans to open 21 new luxury hotels and resorts in Asia Pacific by the end of 2020.
According to the announcement, the company...
Goodman Group profit up 11.4% to $942 million
Goodman Group announced its results for the full year ended 30 June 2019. The Group delivered operating profit of $942 million, up 11.4% on FY18, and...
Office space prices in Singapore fall 3.9% in Q3 2019
Prices of office space in Singapore's central region decreased by 3.9% in the third quarter of 2019, compared with the 0.9% increase in the...
Stockland gets approval for commerial precinct in Sydneys Macquarie Park
Stockland announcd it has received development approval for the masterplan and first stage of its A$500 million M_Park development at Macquarie Park in Sydney...
GIC acquires LG Twin Towers in Beijing for $1.15bn
Singapore’s sovereign wealth fund GIC has acquired LG Twin Towers in Beijing from South Korean conglomerate LG Group for over RMB 8 billion($1.15 billion).
Located...
APG, CPP Investments, ESR form US$1bn JV to invest in South Korean logistics real...
APG, Canada Pension Plan Investment Board (CPP Investments) and ESR Cayman Limited (ESR) have entered into a strategic agreement to establish a new development...
ESR closes US$1bn development JV to invest in South Korea logistics properties
APAC focused logistics real estate platform ESR Cayman Limited (ESR), has announced the closing of its development joint venture ESR-KS II with APG and...
Charter Hall, GIC acquire stake in $1.4bn convenience retail portfolio
Australian property investment company Charter Hall Group has established a partnership with GIC, Singapore’s sovereign wealth fund, to acquire a 49% stake in the Ampol...
