Property
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CSE Global seeks to dispose US industrial property for US$29.3 million
Technology solutions provider says this would allow it to monetise asset and free up capital to help it expand in America CSE Global’s indirect wholly owned subsidiary, Volta Properties, entered…
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Shamsud-Din Jabbar: New Orleans Attacker Served in the Army for 10 Years as FBI Says He Made IED Explosives at a Nearby Rental Property
Shamsud-Din Jabbar, the suspect behind the New Orleans attack on Wednesday believed to have been inspired by ISIS, served in the Army for over ten years, according to his military…
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Digital Core Reit to lose sole tenant at North Virginia property
DIGITAL Core Reit announced on Thursday (Jan 2) that the option to renew the lease for 8217 Linton Hall in Northern Virginia by the occupying customer expired and was not…
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Goodman Group shines among Australian property firms on data-centre push
GOODMAN Group’s stock has been on a hot streak this year, shining bright among its Australian real-estate peers as the artificial intelligence (AI) boom has driven a frenzied demand for…
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OUE Reit divests entire stake in Shanghai property owned by Indonesia’s Lippo Group
OUE Real Estate Investment Trust (Reit) is set to sell its entire stake in Lippo Realty, a real estate service provider that manages and operates an office building in Shanghai,…
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OUE Reit divests entire stake in Shanghai office property for 1.9 billion yuan
OUE Real Estate Investment Trust (Reit) is set to sell its entire stake in Lippo Realty, a real estate service provider that manages and operates an office building in Shanghai,…
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Elite UK Reit divesting property in England for £1.6 million
THE manager of Elite UK Reit announced in a bourse filing on Friday (Dec 20) that Perpetual (Asia) Ltd, the trustee of the real estate investment trust (Reit), has entered…
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Clar to acquire and lease back DHL’s Indiana logistics property in S$150.3 million deal
CAPITALAND Ascendas Reit (Clar) is proposing to acquire logistics property DHL Indianapolis Logistics Center in Whiteland, Indianapolis, Indiana, for S$150.3 million from DHL USA. The completion of the deal is…
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Office property meltdown is starting to surface at US banks
SLUMPING office property values are rippling through US banks, with smaller lenders in particular ramping up the use of loan modifications in their commercial real estate books. The typical bank…
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Maybank downgrades rating on Malaysia property to ‘neutral’ on JS-SEZ delay, lack of new drivers
MAYBANK Securities lowered its call on Malaysian property developers to “neutral” from “positive” for next year, given the absence of new factors and the delay in details about the Johor-Singapore…
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Property tycoon Gordon Tang and wife make conditional cash offer to acquire all units of Suntec Reit
PROPERTY tycoon Gordon Tang and his wife Celine have made a mandatory conditional cash offer to acquire all the units of Suntec Real Estate Investment Trust (Reit) at S$1.16 per…
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Property tycoon Gordon Tang and wife make conditional offer of S$1.16 each to acquire all units of Suntec Reit
PROPERTY tycoon Gordon Tang and his wife Celine have made a mandatory conditional cash offer to acquire all the units of Suntec Real Estate Investment Trust (Reit) at S$1.16 per…
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Frasers Property alerted of scam accounts impersonating its subsidiaries
The group warns that these fraudulent accounts could attempt to solicit sensitive information from shareholders and the public under false pretenses Frasers Property was notified of the existence of unauthorised…
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Court Upholds Death Penalty for Female Property Tycoon Truong My Lan in Shocking $27 Billion Fraud Scandal
A Vietnamese court has upheld the death sentence for property tycoon Truong My Lan in connection with a massive fraud that defrauded the Saigon Commercial Bank (SCB) of $27 billion.…
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Vietnam Property Tycoon On Death Row Faces Appeal Verdict
A Vietnamese property tycoon sentenced to death for a multi-billion-dollar fraud will learn Tuesday whether her life will be spared, as an appeal court reaches its verdict on one of…
