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Aseana sells last unit in US$324M Malaysian project; Star Asia closes ¥2.8B deal

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Aseana sells last unit in US$324M Malaysian project; Star Asia closes ¥2.8B deal

This feature rounds up recent property news from S&P Global Market Intelligence's covered companies and highlights larger deal coverage already published.

Malaysia

* London-listed Aseana Properties Ltd. closed the divestment of the final unit of its SENI Mont' Kiara condominium development in Kuala Lumpur, which has a gross development value of US$324 million. The upmarket project comprises 605 residential units across two 12-story blocks and two 40-story blocks.

In a press release, the property company also noted that the handover of the hotel suites and residences at its completed RuMa Hotel and Residences project in the Malaysian capital is ongoing.

Japan

* Star Asia Investment Corp. completed, as expected, the nearly ¥2.78 billion transfer of its beneficiary interest in the Urban Park Shin-Yokohama residential property in Kanagawa to Kyushu Railway Co. on Oct. 11.

India

* Indian Hotels Co. Ltd.'s Oriental Hotels Ltd. subsidiary sold the Taj Gateway Hotel on the Beach Road to Varun Group for approximately 1.20 billion rupees, The Hindu reported.

Additional coverage

Hopson Development unit to pay up to HK$1.2B for Hong Kong office property

Elanor Investors fund closes A$104M purchase of 6 Australian hotels

Report: Blackstone in talks to buy over HK$10B Hong Kong malls from Link REIT

Centuria Metropolitan to buy office portfolio from Hines Global for A$500.9M

CapitaLand completes US$1.1B exit from 20 Chinese malls

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