India

Embassy REIT gets a foothold in Chennai

ASIA’S largest office REIT, Embassy REIT, has completed acquisition of the Embassy Splendid TechZone a Grade-A business park in Chennai, capital of Tamil Nadu state, in southern India. The ₹1,185…

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Sino-Ocean give offshore creditors good news

OFFSHORE creditors of Chinese state-backed property developer Sino-Ocean have received positive news. In a market…

Singapore development sales remain in the doldrums

IT was another lull month for property developers in Singapore, as homebuyers remain cautious and…

JY Group goes on back to back shopping spree

AS the shopping centre market heats up, Hong Kong's JY Group is expanding its Australian…

ESR taps into credit appetite for South Korea

ASIA Pacific real asset manager ESR has successfully raised US$325 million for its inaugural real…

Lasted India

Mitsui OSK shows confidence in SE Asia and India

JAPAN’S Mitsui O.S.K. Lines has injected S$261 million into a new partnership with CapitaLand Investment Limited, to support CLI’s push…

Prestige Group expands in Bengaluru

ONE of India’s largest property developers Prestige Group continues to expand in Bengaluru, acquiring a site for ₹462 crore (approximately…

India regulator orders boss of largest REIT to step down

INDIA’S property market has been shocked by the market regulator ordering Aravind Maiya, the chief executive officer of Embassy Office…

Godrej launches into Kharghar market

INDIAN real estate developer Godrej Properties has emerged as the highest bidder for a prime land parcel in Kharghar, a…

Prime office rents stabilising

PRIME office rents across Asia Pacific are starting to stabilise but markets continue to diverge with India shouldering the region’s…

Nexus Select bags Bengaluru shopping mall

INDIA’S first listed REIT, the Nexus Select Trust, has diversified its portfolio with the acquisition of a shopping mall in…

New kid on the block developer expands in Bhandup

INDIA’S newly listed real estate company Arkade Developers will invest INR570 cr to develop seven residential towers in Mumbai’s eastern…

Brookfield Properties transition India offices to renewables

BROOKFIELD Properties has secured renewable power from Brookfield’s Bikaner Solar Power Project in the first partnership in India to power…