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Beatrice Laforga

Lee Chee Koon of CapitaLand Group

CapitaLand in Exclusive Talks to Buy Gangnam Office Tower From Korea’s NPS for $320M

2024/05/19 by Beatrice Laforga Leave a Comment

Seoul continues to stand out as Asia’s hottest market for office properties with Singapore’s CapitaLand Investment now in late stage negotiations for the acquisition of a tower in the Gangnam business district owned by Korea’s NPS for a reported KRW… Read More>>

Stuart Gibson, ESR Group Co-founder and Co-CEO

ESR to Build 60MW Tokyo Project as Fourth Japan Data Centre

2024/05/16 by Beatrice Laforga Leave a Comment

ESR Group is developing a 60-megawatt facility in Tokyo for its fourth data centre location in Japan as the industrial specialist doubles down on a sector it expects will drive its continued expansion.

The HKEX-listed developer and fund manager announced… Read More>>

WEE EE LIM UOL Group

UOL, CapitaLand JV Places $597M Top Bid For Singapore Luxury Site 

2024/05/15 by Beatrice Laforga Leave a Comment

A government land sale has once again fallen short of expectations as a residential plot in one of Singapore’s most expensive residential districts drew a top bid representing a one-third discount from 2018 pricing for the location.

UOL Group, along… Read More>>

charlie ma greystar

Greystar, Frasers, Alyssa, AB Capital See Fundamentals Lifting Asia Lodging and Living

2024/05/15 by Beatrice Laforga Leave a Comment

The robust fundamentals underlying rental housing and hospitality businesses in some of Asia’s largest economies have made the region’s living and lodging sectors a top investment target post-pandemic, with that popularity unlikely to fade soon, according to executives from AB… Read More>>

LaSalle, Gaw, CPPIB and Invesco See Opportunities as Asian Real Estate Markets Reprice

2024/05/15 by Beatrice Laforga Leave a Comment

LaSalle Investment Management, Gaw Capital Partners, CPP Investments, and Invesco Real Estate see opportunities to acquire properties at attractive prices as Asian markets begin to reset, according to executives from the institutional investors who spoke at Mingtiandi’s Hong Kong Forum… Read More>>

David Fassbender PGIM

PGIM Real Estate Nears Sale of Pair of Office Floors on Singapore’s Robinson Road

2024/05/14 by Beatrice Laforga Leave a Comment

PGIM Real Estate is closing in on deals to sell a pair of office floors in downtown Singapore after completing renovations on the 12-storey building between Tanjong Pagar and Raffles Place.

“We have received firm offers and are close to… Read More>>

Charoen Sirivadhanabhakdi Frasers Property (Getty Images)

Frasers Selling Singapore Serviced Apartments to Tuan Sing for $103M

2024/05/12 by Beatrice Laforga Leave a Comment

Frasers Property is selling a serviced apartment complex along the Singapore River to SGX-listed developer Tuan Sing Holdings for nearly S$140 million ($103.47 million), as the company struggles with an 82 percent drop in earnings in the six months ending… Read More>>

NTT president and CEO Akira Shimada

Japan’s NTT Said in Talks to Buy Stake in Philippines’ PLDT Data Centres for $750M

2024/05/08 by Beatrice Laforga Leave a Comment

Philippine telco giant PLDT, is said to be in talks to sell nearly a half stake in its data centre business to Japanese telecom group NTT in a deal that would potentially value the digital infrastructure unit at $750 million,… Read More>>

Kohei Kawai, head of research for Colliers Japan

Tokyo Office Rents Inched Upward in Q1 as Tenants Seek Upgrades

2024/05/06 by Beatrice Laforga Leave a Comment

Tokyo’s office market continues to defy the global deskspace doldrums with rents expected to continue rising and vacancy to remain tight for the rest of 2024, signaling further strength for one of Asia’s hottest real estate investment destinations.

Average Grade… Read More>>

Sanjeev Dasgupta - CEO of Ascendas India Trust

CapitaLand India Trust Boosts Hyderabad Bets with Latest Business Park Acquisition

2024/05/05 by Beatrice Laforga Leave a Comment

CapitaLand India Trust (CLINT) is set to add to its collection of 12 office buildings in Hyderabad after announcing a fresh deal with long-time partner Phoenix Group this past week.

In a bourse filing Friday, the trustee-manager of the SGX-listed… Read More>>

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