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Christopher Caillavet

The Philips APAC Centre

CapitaLand Ascendas REIT Closes Philips HQ Buy and More Asia Real Estate Headlines 

2023/01/12 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, electronics giant Philips concludes the previously announced sale of its APAC headquarters, Singaporeans rankle at rising housing costs, and Twitter walks away from its Asia HQ.

Philips Completes $76M Sale… Read More>>

Tan Hong Boon JLL

Singapore Condo Complex Sells for $86M in First Collective Sale of the Year

2023/01/11 by Christopher Caillavet Leave a Comment

A condo complex on Singapore’s Upper East Coast Road has sold for S$115.3 million ($86.6 million) in the city-state’s first collective sale of 2023, with a consortium of unidentified buyers braving a slowing housing market to pick up the 43-unit… Read More>>

Eileen Yong_PGIM Real Estate

PGIM Real Estate Hires LaSalle’s Eileen Yong to Guide Asia Core Strategy

2023/01/11 by Christopher Caillavet Leave a Comment

PGIM Real Estate on Wednesday announced the hiring of Eileen Yong as deputy portfolio manager for the firm’s Asia core strategy.

Carrying the title of executive director, Yong most recently was a senior fund manager at LaSalle Investment Management and… Read More>>

Golden Mile Tower Singapore

Bids for Singapore’s Golden Mile Tower Continue and More Asia Real Estate Headlines

2023/01/11 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, the collective sale of Singapore’s Golden Mile Tower enters the negotiation phase after its tender closes, and a Korean activist fund agrees to acquire Seoul-based Meritz Asset Management.

Golden Mile… Read More>>

Bruno Lopez st telemedia

ST Telemedia Global Data Centres Completes Sale of 40% Stake in UK Unit to Macquarie

2023/01/10 by Christopher Caillavet Leave a Comment

Temasek Holdings-backed ST Telemedia Global Data Centres has completed the sale of a 40 percent stake in its UK-based Virtus subsidiary to Macquarie Asset Management.

The investment by the Australian fund manager will enable the digital infrastructure arm of Singapore’s… Read More>>

Bastiaan van Beijsterveldt

Colliers Promotes Bastiaan van Beijsterveldt to Managing Director for Singapore

2023/01/10 by Christopher Caillavet Leave a Comment

Colliers on Tuesday announced the promotion of Bastiaan van Beijsterveldt to the role of managing director for Singapore, as the property services firm continues to refresh its Asia-based leadership.

Van Beijsterveldt moves from his previous position of executive director and… Read More>>

Sogo Tsim Sha Tsui

Sogo’s Tsim Sha Tsui Branch Closing Down in March and More Asia Real Estate Headlines

2023/01/10 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Hong Kong’s retail slump claims another victim as Sogo prepares to close its Tsim Sha Tsui store after 18 years in business, and top mainland developer Country Garden reportedly secures funds to avert… Read More>>

Hironori Nishikawa Tokyu Land

Tokyu Land’s Comforia Residential REIT Buying Seven Properties for $86M

2023/01/09 by Christopher Caillavet Leave a Comment

Tokyo-listed Comforia Residential REIT has agreed to acquire seven assets across Japan, including multifamily, student housing and senior living properties, for a total of JPY 11.4 billion ($86 million).

The buildings in Tokyo, Osaka, Kyoto and Saitama prefecture comprise nearly… Read More>>

Josh Stone Colliers

Colliers Hires Joshua Stone as Senior Director of Office Services in Hong Kong

2023/01/09 by Christopher Caillavet Leave a Comment

Colliers has announced three high-level appointments in Hong Kong, led by the hiring of Joshua Stone to serve as a senior director in the office services department.

Most recently a director in the office leasing advisory at JLL Hong Kong,… Read More>>

China Housing Market

Funding for China Property Firms Jumps 33% and More Asia Real Estate Headlines

2023/01/09 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, government support delivers a boost to Chinese property firms’ fundraising efforts as Asia’s biggest economy tries to jump-start its ailing real estate sector.

Financing for Chinese Real Estate Firms Jumped… Read More>>

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