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Christopher Caillavet

Keith Fujii LaSalle

LaSalle Logiport REIT Buying Stake in 3 Japanese Warehouse Projects

2023/03/16 by Christopher Caillavet Leave a Comment

LaSalle Logiport REIT has agreed to buy a stake in three Japanese warehouse assets for a total of JPY 570 million ($4.3 million).

LaSalle Investment Management’s Tokyo-listed trust will acquire an 11 percent equity interest in a silent partnership that… Read More>>

Chairman Peter Ma Mingzhe of Ping An Insurance

Insurer Ping An Changes Property Strategy and More Asia Real Estate Headlines

2023/03/16 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, insurance giant Ping An increases its investment in real estate while reducing exposure to developers, and Australia’s Star Entertainment Group markets one of its Gold Coast hotels.

Ping An Adds… Read More>>

Wing Tai executive director Tan Hwee Bin

Wing Tai Wins Residential Site in Singapore’s Holland Village for $57M

2023/03/15 by Christopher Caillavet Leave a Comment

Wing Tai Holdings has won a tender for the collective purchase of a residential building in Singapore’s posh Holland Village area for S$76.3 million ($56.8 million), with the developer planning to remake the site into luxury housing as the city-state’s… Read More>>

Terra Hill Singapore

Singapore New Home Sales Up 9.9% in February, Driven by Terra Hill Launch

2023/03/15 by Christopher Caillavet Leave a Comment

Developers sold 432 new private homes in Singapore last month, up from 393 units transacted in January but down from 542 that changed hands a year earlier, according to data from the Urban Redevelopment Authority.

February’s 9.9 percent monthly rise,… Read More>>

China Housing Market

China Home Sales Show Turnaround Potential and More Asia Real Estate Headlines

2023/03/15 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, China flashes hopeful signs that its long slump in home sales is nearing an end, Mirae Asset Management may soon add a Singapore REIT to its business and India’s Welspun One Logistics Parks… Read More>>

Jalan Tembusu Singapore

Singapore Releases New Residential Sites as Housing Market Stays Hot

2023/03/14 by Christopher Caillavet Leave a Comment

The Singapore government on Tuesday released two residential development sites capable of delivering a total of 1,540 private homes, as officials look to boost housing supply in a city-state reeling from runaway housing prices.

In a set of coordinated moves,… Read More>>

Selena Shi, LaSalle

Brookfield, LaSalle, Vlinker Lead Greater China Multi-Family Panel on Thursday

2023/03/14 by Christopher Caillavet Leave a Comment

Greater China’s multi-family sector enjoyed its biggest year ever in 2022 in terms of trading in investment properties, and the momentum is set to continue with help from three industry players who will take part in Thursday’s session of the… Read More>>

Sunway Pyramid Mall

Malaysia’s Sunway REIT Mulls Buy of EPF Malls and More Asia Real Estate Headlines

2023/03/14 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Sunway REIT confirms reports that it’s nearing a deal to buy retail assets from Malaysia’s Employees Provident Fund, and the Silicon Valley Bank failure is seen giving an indirect lift to Hong Kong’s… Read More>>

Lin Zhong, chairman of CIFI Holdings (Group); portrait photo taken in his office at One Pacific Place, Admiralty.

CIFI Looks to Sell Shanghai Headquarters, Warns of $2B Full-Year Loss

2023/03/13 by Christopher Caillavet Leave a Comment

CIFI Holdings is shopping some of its most high-profile real estate assets in its Shanghai hometown, including its headquarters building held with joint venture partner Henderson Land, as the cash-strapped builder warns of a multibillion-dollar loss in its full-year financial… Read More>>

Jingrui co-chairman Yan Hao

Jingrui Selling Shanghai Commercial Building to China Construction Bank for $19M

2023/03/13 by Christopher Caillavet Leave a Comment

Jingrui Holdings has agreed to sell a commercial building in Shanghai’s Xuhui district to state-owned China Construction Bank for RMB 132.4 million ($19.2 million), as the mainland developer continues to unload assets after a recent default on offshore debt.

Jingrui… Read More>>

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