Miami office tower goes up for sale for more than US$500 million
NUVEEN Real Estate is seeking to sell a Miami office building located in the heart of the Brickell neighbourhood with tenants including...
WeWork cuts new restructuring deal that spurns Adam Neumann
WEWORK and its major financial backers including SoftBank Group have struck a new restructuring deal to get the ailing workspace provider out...
Abu Dhabi builder plans US$6.8 billion luxury housing project
ABU Dhabi’s biggest property developer plans to ramp up work on a beachfront community, where it aims to build luxury homes for...
JTC to sell hospitality project being built in Punggol Digital District
A NEW 200-room hospitality project expected to be completed in 2024 in the upcoming Punggol Digital District (PDD) is being offered for...
Mapletree Logistics Trust posts 2.5% drop in Q4 DPU; manager warns of further headwinds
HIGH interest costs and weak regional currencies weighed on Mapletree Logistics Trust’s performance for Q4 ended Mar 31, with distributions per unit...
Abu Dhabi developer Aldar posts 88% in Q1 leap
ABU Dhabi’s biggest developer, Aldar Properties, posted an 88 per cent leap in first-quarter net profit on Monday, supported by strong revenue...
Without a game changer, Sentosa Cove condos will continue underperforming
SINGAPORE’S island resort of Sentosa, located off its southern coast, is a major tourist destination. Visitors flock to Resorts World Sentosa (RWS)...
Church to tackle US housing crisis
WALKING past empty pews and stained-glass windows, the Rev Victor Cyrus-Franklin, pastor of Inglewood First United Methodist Church in Inglewood, California, talked...
Chinese property developer Kaisa’s liquidation hearing adjourned to May 27
A HONG Kong court adjourned a hearing to liquidate Kaisa Group to May 27, as the embattled Chinese property developer said it...
China developer Cifi gets bondholder go-ahead on restructuring plan
EMBATTLED Chinese property developer Cifi Holdings said on Monday (Apr 29) it has reached agreement with a key group of bondholders on...