In today’s roundup of regional news headlines, BAM Digital Realty gets to work on its first data centre in India, a project site on Hong Kong’s Lantau Island attracts bids from local heavyweights, and global banks seek to jump-start Chinese… Read More>>
CBRE IM Appoints Danny Queenan as CEO, Hires APAC Logistics Head
CBRE Investment Management has appointed Danny Queenan as chief executive to succeed the retiring Chuck Leitner.
Queenan is taking the top job at CBRE IM as he continues to serve as CEO of the parent group’s overarching real estate investments… Read More>>
GLP Launches Separate GCP Fund Management Entity After Reorganisation
Asian industrial giant GLP on Tuesday unveiled GLP Capital Partners, a newly minted fund management business investing in sectors including logistics, data centres, renewable energy and related technologies.
GCP is the fruit of a reorganisation exercise that saw Singapore-headquartered developer… Read More>>
Brookfield’s India REIT Sees 60% Income Surge and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, the India-focused trusts sponsored by Canadian giant Brookfield and Singapore’s CapitaLand report healthy financial results.
Brookfield India Real Estate Trust’s Q4 Net Operating Income Up 60%
Brookfield India Real Estate… Read More>>
Hines to Build $1B Mixed-Use Complex in South Korea’s Busan
US developer Hines on Tuesday announced plans to build and operate a 74-storey mixed-use complex in South Korea’s second-largest city of Busan.
Dubbed the Global Quantum Complex, the $1 billion project will house the nation’s first quantum computing R&D hub,… Read More>>
CapitaLand to Redevelop Singapore’s JCube Mall Into 40-Storey Residential Project
Singapore’s CapitaLand Development has obtained provisional permission from authorities to redevelop its JCube mall into a 40-storey residential project after acquiring the property from an affiliated REIT one year ago.
Targeted for completion in 2027, the development will feature commercial… Read More>>
Investors Snap Up $300M in Dalian Wanda Bonds and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, China’s Dalian Wanda finds ready buyers for another $300 million in offshore bonds, Poly Property of Beijing is preparing to sell off stakes in 12 joint ventures with Country Garden for around $340… Read More>>
Sunway RE Capital Buys UK Student Housing Asset to Bring Portfolio to $90M
Fund manager Sunway RE Capital has acquired a student housing property in southern England, adding to a burst of recent acquisitions in the asset class by Singapore-based investors in the UK.
The real estate platform controlled by Malaysia’s Sunway Group… Read More>>
CapitaLand’s CICT Posts 4.8% Rise in 2nd-Half Distributable Income, Boosted by Acquisitions
CapitaLand Integrated Commercial Trust’s distributable income rose 4.8 percent year-on-year to S$355.1 million (now $268.2 million) in the second half of 2022, as the Singapore-listed REIT profited from contributions by newly acquired properties and higher rental income from most city-state… Read More>>
China Aoyuan Unloads Zhuhai Project Stake and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, developer China Aoyuan sells its controlling stake in a Zhuhai project as mainland-listed builders report their worst earnings in at least seven years.
Aoyuan Completes Disposal of 60% Stake in… Read More>>
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