Singapore’s Hiap Hoe check-in at Perth’s Riverdale
TWO Perth hotels have changed hands, with the Great Eastern Motor Lodge selling for $40 million to Singapore's Hiap Hoe Limited, while a first-time investor spent $17 million on Flag…
Just for You
Recent News
Koramco in KRW300bn office play
KOREA’s largest REIT manager Koramco has traded almost KRW300 billion (approximately US$220 million) worth of offices in Seoul. In the first transaction, Korean traditional foods manufacturer Singsong Food Corporation has…
Sunway REIT goes shopping in Mont Kiara
SUNWAY Real Estate Investment Trust, one of Malaysia’s largest diversified REITs, has acquired a shopping centre in Kuala Lumpur’s luxury neighbourhood of Mont Kiara for MYR215 million (approximately US$50 million),…
Micron computes US$230m for new facility
LEADING American semiconductor supplier Micron Technology is scaling up its manufacturing capabilities with the acquisition of two plants in Taiwan for NT$8.1 billion (approximately US$253 million). Micron Technology’s subsidiary Micron…
KIP REIT goes on acquisition spree
MALAYSIA’S KIP REIT has acquired a portfolio of four properties for a total price of MYR98.30 million. The REIT has acquired the properties from different vendors in four separate agreements.…
Asia Property Journal Deal Watch
ASIA Property Journal’s weekly comprehensive wrap of property sales and leasing transactions across Asia. Retail Kuala Lumpur, Malaysia Revenue Group has sold a freehold retail property in Kuala Lumpur…
Icheon logistics warehouse sells for KRW70bn
KB Real Estate Trust has sold a logistics warehouse facility in Icheon, about one hour from downtown Seoul for KRW69.33 billion (approximately US$52 million). The Logistics Center is located at…
ESR Logos REIT sells Singapore asset for 16pc premium
THE ESR-LOGOS REIT has sold an industrial building in Singapore for S$35 million. The sale price represents a 16.7% premium above the valuation of S$30.0 million. Located at 81 Tuas…
Lotte makes hotel reservation in Gangnam
KOREA’S largest listed REIT, Lotte REIT, has diversified into the hotel and lodging sector with the KRW300 billion (approximately US$250 million) acquisition of a prime property in Gangnam. The trust…
Lendlease and Warburg Pincus bring to life new JV
LENDLEASE and Warburg-Pincus have minted their new joint venture platform with the S$1.6 billion acquisition of life sciences, technology, advanced manufacturing and logistics assets in Singapore. The 50-50 joint venture…
China Petroleum divests Taiwan development
STATE-owned chemicals manufacturing and property development company, China Petrochemical Development Corporation, has divested a portfolio of properties for more than NT$7.616 billion (approximately US$240 million). The company which has interests…
Singapore retail growth flatline
CONTINUED economic uncertainty and weak retail sales have seen landlords prioritise keeping tenants, resulting in retail rental growth slowing across Singapore. Average monthly rents in the Orchard Area rose by…
Marimo REIT goes on shopping spree
DIVERSIFIED real estate investment trust Marimo Regional Revitalization REIT has gone on a spending spree, acquiring four assets for a combined JPY9.1 billion (approximately US$63.26 million). In two separate transactions,…
SNC Former sells warehouse for a cool THB1 billion
AIR conditioner parts maker SNC Former has sold a warehouse and office in the Rayong Province in Thailand for THB1 billion (approximately US$29.42 million). The property was acquired by Montri…
Macquarie backed Japan logistics development sold to consortium
A CONSORTIUM of Japanese investors has acquired a newly completed logistics facility in Shiga Prefecture, Greater Kansai from Unified Industrial and its backer Macquarie. UI Konan is the first ramped…
Nippon REIT refresh portfolio with triple sales
THE NIPPON REIT Investment Corporation has sold three assets as part of its strategy to improve the metrics of its portfolio. The three sales total JPY3.078 billion (approximately US$21.387 million).…
Mini Games
Wordle
Guess words from 4 to 11 letters and create your own puzzles.
Letter Boxed
Create words using letters around the square.
Magic Tiles
Match elements and keep your chain going.
Chess Reply
Play Historic chess games.