Singapore’s CapitaLand Investment is importing expertise from BlackRock and Brookfield to head its private real estate … Read More>>
Featured Stories
Company Controlled by Family of HK’s Teresa Cheng Buys Industrial Tower for $75M
A company controlled by the family of Hong Kong secretary for justice Teresa Cheng is jumping into the city’s industrial … Read More>>
Sponsored Features
Maturing REIT Regimes Offer Opportunities in Hong Kong and Singapore
As REITs grow in popularity across Asia, Mingtiandi spoke with REIT trustee market leaders at Deutsche Bank in Hong Kong … Read More>>
Automation and the Age of Data Centres
Can the real estate sector keep up with demand for data centres? And is it ready for the challenges and complexity … Read More>>
Breaking News
CapitaLand Hires Former Blackrock, Brookfield Execs Treacy and Boocock
Singapore’s CapitaLand Investment is importing expertise from BlackRock and Brookfield to head its private real estate fund management business as it begins its new existence as an asset manager.
The SGX-listed unit of CapitaLand Group this week welcomes Simon Treacy,… Read More>>
Company Controlled by Family of HK’s Teresa Cheng Buys Industrial Tower for $75M
A company controlled by the family of Hong Kong secretary for justice Teresa Cheng is jumping into the city’s industrial property boom with a HK$585 million ($75.2 million) purchase in the New Territories, according to an announcement this month to… Read More>>
OUE Commercial REIT CEO Tan Shu Lin Resigns From Singapore-Listed Trust
The revolving door continues to whirl at Singapore’s real estate investment trusts, with OUE Commercial REIT becoming the latest to announce the resignation of its top executive.
Tan Shu Lin, who has served as chief executive and executive director at… Read More>>
China Pushes Developers to Make Bond Payments and More Asia Real Estate Headlines
The ongoing debt drama of China’s defaulting developers and their anxious creditors entered a new stage this week as the country’s top planning body, the NDRC, has issued a statement pushing companies to pay their offshore bond obligations and better… Read More>>
Blackstone Raises $4B for Asia Real Estate Fund on Way to $9B Target
Private equity titan Blackstone reported what it dubbed “the best results in our 36 years of history”, with distributable earnings more than doubling in the third quarter to $1.6 billion, with the Manhattan-based firm also sharing some fresh milestones regarding… Read More>>
Hines, Baker Mac, Essensys, Tosei Asset Foresee More Flexible Offices: MTD TV
The future looks flexible for Asia Pacific’s office sector, with landlords and developers stretching their workspaces to provide hospitality-level services and occupiers seeking to strike a balance with employees who have settled into remote work during the prolonged pandemic.
Modern Land Fails to Repay $250M Bond in Latest China Developer Default
Beijing-based builder Modern Land China failed to repay the principal and interest due on a $250-million dollar bond due Monday, making it the latest Chinese developer to miss dollar bond payments reflecting deepening financial stress in the real estate sector.
Blackstone Said Taking Stake in $2.6B Dexus Trust and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Blackstone is reportedly set to buy a sizeable stake in Dexus Australian Logistics Trust, the iconic Tokyo Tower prepares for a new life anchoring a retail centre, and electric car maker Tesla opens… Read More>>
Real Estate Finance
Company Controlled by Family of HK’s Teresa Cheng Buys Industrial Tower for $75M
A company controlled by the family of Hong Kong secretary for justice Teresa Cheng is jumping into the city’s industrial property boom with a HK$585 … Read More>>
Blackstone Raises $4B for Asia Real Estate Fund on Way to $9B Target
Private equity titan Blackstone reported what it dubbed “the best results in our 36 years of history”, with distributable earnings more than doubling … Read More>>
Modern Land Fails to Repay $250M Bond in Latest China Developer Default
Beijing-based builder Modern Land China failed to repay the principal and interest due on a $250-million dollar bond due Monday, making it the latest … Read More>>
Shanghai
Florentia Village Expands in Shanghai, Chengdu in Retail Ramp-Up
China’s international luxury outlet mall pioneer Florentia Village has opened major expansions of its Shanghai and … Read More>>
CK Asset Selling Commercial Tower in Shanghai’s Jing An District to Hysan for $540M
Hysan Development will make its second foray into mainland China after agreeing to acquire a 24-storey commercial … Read More>>
New World Breaks Ground on Huaihai Road Project in Shanghai
New World Development recently began work on its second K11 commercial project in Shanghai, breaking ground on a 17,171 … Read More>>
Singapore
OUE Commercial REIT CEO Tan Shu Lin Resigns From Singapore-Listed Trust
The revolving door continues to whirl at Singapore’s real estate investment trusts, with OUE Commercial REIT becoming … Read More>>
Maturing REIT Regimes Offer Opportunities in Hong Kong and Singapore
As REITs grow in popularity across Asia, Mingtiandi spoke with REIT trustee market leaders at Deutsche Bank in Hong Kong … Read More>>
Keppel DC REIT Invests in $430M JV to Operate M1 Network Infrastructure in Singapore
Keppel DC REIT is expanding into the network infrastructure space under the terms of a deal announced late last week … Read More>>
Projects
Evergrande Says Work Moving Ahead at More Than 10 Stalled Projects
Shares of debt-stricken China Evergrande saw a brief surge Monday after the developer sought to ease investor anxiety by announcing that work had … Read More>>
Hong Kong’s Peterson Group Buys Happy Valley Residential Project for $159M
A residential project in a toney section of Hong Kong island’s Happy Valley has sold for HK$1.24 billion ($159.4 million) following a rise in … Read More>>
PGIM Enters APAC Data Centre Market with $575M Equinix Sydney JV
PGIM Real Estate is set to make its first Asia Pacific data centre investment after teaming up with Equinix to form a $575 million joint venture that … Read More>>
Retail
Wanda Applies for Hong Kong IPO with Backing From PAG, Tencent and Ant
Beijing-based Dalian Wanda Group filed papers Thursday to bring its commercial property business back to the Hong Kong stock market, as the developer … Read More>>
Firmus Capital Buys Central Singapore Mall to Bring Opportunity Fund AUM to $148M
A western Singapore mall has become Firmus Capital’s second acquisition in the city-state, boosting the local private equity firm’s newly-launched … Read More>>
Link REIT Buying Guangzhou Mall for $501M
Asia’s largest real estate investment trust has made its second major bet on mainland China retail this year with the RMB 3.2 billion ($501 million) … Read More>>
Asia Outbound
ARA Founder’s Family Office Teams With Straits, Savills IM for $500M UK Retail Fund
Savills Investment Management has secured backing from the family office of John Lim, the co-founder of Singapore-based ARA Asset Management, for a … Read More>>
Hines and Korea’s NPS Acquire San Francisco Complex for $2.5B Redevelopment
US developer Hines and South Korea’s National Pension Service have set a new bar for their longtime partnership by announcing a $2.5 billion … Read More>>
Kuok Family of Kerry Group Buys London West End Office Building for $199M
The Kuok family behind Hong Kong developer Kerry Properties has purchased an office building in the swanky St James’s district of London’s West End … Read More>>
Hong Kong
Company Controlled by Family of HK’s Teresa Cheng Buys Industrial Tower for $75M
A company controlled by the family of Hong Kong secretary for justice Teresa Cheng is jumping into the city’s industrial … Read More>>
Maturing REIT Regimes Offer Opportunities in Hong Kong and Singapore
As REITs grow in popularity across Asia, Mingtiandi spoke with REIT trustee market leaders at Deutsche Bank in Hong Kong … Read More>>
Tung Chee-Hwa Family Buys Pair of Floors in The Center for HK$1.3B
Sales of Hong Kong office space are on the way up, but at prices well below pre-COVID rates, as members of one of the … Read More>>
MTD TV
Hines, Baker Mac, Essensys, Tosei Asset Foresee More Flexible Offices: MTD TV
The future looks flexible for Asia Pacific’s office sector, with landlords and developers stretching their workspaces to … Read More>>
SC Capital, Perri Projects, RCA, JLL on Asian Capital in Aussie Offices: MTD TV
Australia is set to begin opening its borders on 1 November and the prospect of international travel has the potential … Read More>>
Hines, Baker Mac, Tosei Asset and Essensys Share the Future of the Office on MTD TV
Asia’s urban centres are coming back to life after more than 18 months of restrictions, lockdowns and work from home … Read More>>
Research & Policy
Hong Kong Office Leasing Grows for the First Time in Two Years, Rents Still Slide
Hong Kong’s office market showed signs of revival after a prolonged slump as more tenants leased fresh space than gave up old offices for the first … Read More>>
Recovery Sighted as Singapore Grade A Office Rents Inch Upward in Q3
A broad recovery is on the cards in Singapore’s office leasing market after a second straight quarter of growth for Grade A rents in the central … Read More>>
Carrie Lam Touts ‘Northern Metropolis’ Scheme in Last HK Policy Address
In the final Policy Address of her current term as Hong Kong’s chief executive, Carrie Lam put housing and land supply issues front and centre, … Read More>>
Design & Construction
Sun Hung Kai Asks to Redesign West Kowloon Project as Two Taller Towers
Sun Hung Kai Properties is asking to change the design for Hong Kong’s largest commercial site ever with the blue-chip developer hoping to develop two … Read More>>
Swire, CDL and New World Take Home Prizes at ULI APAC Awards
Hong Kong’s Shui On Land, New World Development and Swire Properties, along with Singapore’s City Developments Limited, all came up winners at a real … Read More>>
Korea’s NPS Links Up with SL Green, Hines and KPF on $2.3B NYC Project
Korea’s National Pension Service and US developer Hines have teamed up to buy a 49.5 percent stake in a $2.3 billion New York redevelopment that lead … Read More>>
