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Beatrice Laforga

wilson leung Angelo Gordon

Angelo Gordon JV Closes in on $570M Sale in Singapore’s Bugis Area 

2022/06/29 by Beatrice Laforga Leave a Comment

Singapore’s office market continues to heat up with two towers in the city-state’s downtown area nearing sales at a combined S$790 million ($570 million), including a property in the Bugis area which Sun Venture is close to buying from an… Read More>>

Lin Ho Man

Evergrande to ‘Vigorously’ Fight Winding-Up Petition Filed by Disgruntled Investor

2022/06/28 by Beatrice Laforga Leave a Comment

Heavily indebted China Evergrande is fighting a winding-up petition filed by an investor in the developer’s Fangchebao online platform as the firm readies its restructuring plan, according to a Hong Kong stock filing on Tuesday.

“The company will oppose the… Read More>>

Sunac Sun Hongbin

Sunac Meets Investors to Seek Second Extension on $600M in Domestic Bonds

2022/06/28 by Beatrice Laforga Leave a Comment

Sunac China Holdings is asking holders of RMB 4 billion ($600 million) of its domestic notes to accept a second rescheduling of payments as the mainland developer struggles to raise cash due to weak sales.

Representatives of Sunac Real Estate,… Read More>>

Hugo Lin Tsz Fung

China Resources Buying Mall in Hong Kong’s New Territories for $170M

2022/06/23 by Beatrice Laforga Leave a Comment

A unit of China Resources Group has picked up the group’s fifth major Hong Kong property over the past year with its purchase of a shopping complex in the New Territories from mainland investor Hugo Lam Chi-fung for a record… Read More>>

New World chairman Henry Cheng

New World Boss’ London Project Launches $171M Token Offering

2022/06/22 by Beatrice Laforga Leave a Comment

Knight Dragon, a UK-based developer owned by New World Development’s chairman, is offering the investing public a chance to get a slice of the earnings from a London residential project through blockchain technology in a deal valued at £140 million… Read More>>

Anthea Lee Keppel

Keppel DC REIT Buying Pair of Guangdong Data Centres for $210M

2022/06/21 by Beatrice Laforga Leave a Comment

Keppel DC REIT is buying a pair of data centres in Guangdong province for RMB 1.38 billion ($210 million) from Hong Kong-listed data centre operator Neo Telemedia, expanding its footprint in one of China’s major technology hubs.

The manager of… Read More>>

Justin Gabbani Lendlease

Lendlease, PGGM Form $780M APAC Innovation, Life Science Real Estate JV

2022/06/20 by Beatrice Laforga Leave a Comment

Australian developer Lendlease has teamed up with Dutch pension fund and asset manager PGGM in a S$1 billion ($720 million) strategy that will invest in innovation and life science properties across Australia, Japan and Singapore, according to a joint announcement… Read More>>

Nex mercatus

Singapore’s NTUC Nears Sale of $3.7B in Retail, Office Assets

2022/06/19 by Beatrice Laforga Leave a Comment

Singapore’s NTUC Enterprise Co-operative Ltd is close to selling off the majority of its Singapore real estate portfolio with its property arm marketing S$4.15 billion ($3 billion) in suburban malls at the same time that its insurance division is mulling… Read More>>

Ben Keswick Hongkong Land

Hongkong Land JV to Build 526 Shanghai Homes After Buying $700M Residential Site

2022/06/16 by Beatrice Laforga Leave a Comment

Hongkong Land has teamed up with a state-backed Shenzhen developer and a local government body to take on a new Shanghai residential development after purchasing a Xuhui district site for RMB 4.73 billion ($700 million), despite the headwinds faced by… Read More>>

Jason Lee, Managing Director, CIO and Senior Portfolio Manager, APAC, AEW

AEW Snaps Up Singapore Office Tower From Sun Venture for $489M 

2022/06/15 by Beatrice Laforga Leave a Comment

AEW has agreed to buy an office tower in Singapore’s Jurong East from local investment firm Sun Venture for S$680 million ($488.54 million) in the latest vote of global investor confidence in the city’s rebounding office market, Mingtiandi has learned.

… Read More>>

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