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Christopher Caillavet

International Tech Park Bangalore

CapitaLand India Trust to Buy Bengaluru IT Park and More Asia Real Estate Headlines

2023/01/19 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Singapore-listed CapitaLand India Trust agrees to acquire a Bengaluru IT park at a future date, and data centre giant Global Switch reaches an impasse with its potential buyers.

CapitaLand India… Read More>>

Dalian Wanda chairman Wang Jianlin

Wanda’s Wang Jianlin Pledges 65% Stake in Hotel Unit to Secure Temasek Loan

2023/01/18 by Christopher Caillavet Leave a Comment

Dalian Wanda Group’s billionaire chairman, Wang Jianlin, has pledged his entire 65 percent stake in the Chinese conglomerate’s hotel division as collateral to secure a loan for another Wanda subsidiary from Singaporean state holding firm Temasek.

Companies controlled by Temasek… Read More>>

Southpoint Tanjong Pagar

Office Units in Singapore’s Tanjong Pagar Sell for $25M in Record-Breaking Deal

2023/01/18 by Christopher Caillavet Leave a Comment

A mere month after an Orchard Road commercial building set a new city-wide mark, an office tower in downtown Singapore has recorded its highest-ever price paid per square foot after a set of strata units in the building sold for… Read More>>

Jason Hui Shimao

Shimao Services Unit Replaces Auditor Again and More Asia Real Estate Headlines

2023/01/18 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, a tiff over fees prompts the exit of Shimao Services’ auditing firm, and analysts say sales of new homes in Hong Kong could soar this year as rate hikes ease and cross-border traffic… Read More>>

Xu Jiayin Evergrande

PwC Resigns as Evergrande Auditor Over Gaps in Financials

2023/01/17 by Christopher Caillavet Leave a Comment

PricewaterhouseCoopers has stepped down as auditor of China Evergrande’s books, citing the failure of the troubled developer to provide information related to its still-unreleased 2021 annual results.

The Big Four accounting firm said it was left in the dark when… Read More>>

Craig Pearce Nikota Capital

Japan’s Nikota Capital Launches Real Estate Brokerage Arm

2023/01/17 by Christopher Caillavet Leave a Comment

Tokyo-based Nikota Capital has established Nikota Realty as a real estate brokerage division to help individual investors buy and sell apartments, houses and land in Japan.

Focused on the areas of central Tokyo, Niseko and Nagano, Nikota Realty is led… Read More>>

China Housing (Getty Images)

China Property Investment Tumbled 10% Last Year and More Asia Real Estate Headlines

2023/01/17 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, China reports an exceedingly rare decline in property investment for the whole of 2022, and Singapore’s residential rents are seen continuing their surge this year.

China Property Investment Falls for… Read More>>

Leedon Green Singapore

Singapore Private Home Sales Hit Nearly 14-Year Low Amid Launch Lull

2023/01/16 by Christopher Caillavet Leave a Comment

Developers sold a mere 170 new private homes in Singapore last month, the lowest monthly tally since 108 units were transacted in January 2009, according to government data released Monday.

The anaemic sales figures, which were updated by the Urban… Read More>>

Eric Gan FHT

Frasers Promotes Eric Gan to FHT CEO as Eu Chin Fen Takes Over Hospitality Division

2023/01/16 by Christopher Caillavet Leave a Comment

Following the failed privatisation of Frasers Hospitality Trust last September, sponsor Frasers Property has made a change at the top with the appointment of Eric Gan as CEO of the Singapore-listed REIT’s managers, succeeding Eu Chin Fen.

Eu in turn… Read More>>

Mapletree Logistics Trust Subang 1 Malaysia

Mapletree Logistics Trust Selling Malaysia Sheds and More Asia Real Estate Headlines

2023/01/16 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Mapletree Logistics Trust plans to raise some quick cash from the disposal of two warehouses in Malaysia, where the state’s largest pension fund is also eyeing asset sales.

Mapletree Logistics… Read More>>

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