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Christopher Caillavet

Joe Gooi

SC Capital Kicks Off Data Centre Platform With $500M Seoul Project

2022/02/28 by Christopher Caillavet Leave a Comment

Singapore-based SC Capital Partners has launched an Asia data centre platform, starting with the development of a hyperscale South Korean facility at an expected cost of $500 million.

Headquartered at the investment manager’s Nassim Road office, SC Zeus Data Centers… Read More>>

Xu Jiayin Evergrande

Evergrande Sells Four Mainland Projects to State Firms to Pay Down Debt

2022/02/28 by Christopher Caillavet Leave a Comment

China Evergrande has sold off its remaining stakes in four real estate projects to state-controlled companies, allowing the world’s most indebted developer to recover RMB 1.95 billion ($310 million) of its capital contribution and settle liabilities in excess of RMB… Read More>>

ESR-REIT chief executive Adrian Chui

ESR-REIT and ARA Logos Logistics Trust Managers Set 21 March Date for Merger Vote

2022/02/27 by Christopher Caillavet Leave a Comment

The managers of ESR-REIT and ARA Logos Logistics Trust (ALOG) have set 21 March as the date for ALOG’s unitholders to vote on the Singapore-listed trusts’ proposed merger, with executives laying out the case for the deal to investors on… Read More>>

George Hongchoy, Executive Director & CEO, Link REIT

Link REIT Puts Hong Kong’s Stanley Plaza on the Market Despite Pandemic

2022/02/24 by Christopher Caillavet Leave a Comment

Link REIT has put its Stanley Plaza shopping centre up for sale, even as an unprecedented surge in COVID-19 cases clouds the retail outlook in Hong Kong.

Asia’s largest real estate investment trust received an unsolicited expression of interest from… Read More>>

Paul Chan

Hong Kong Aims for Sale of 13 Residential, 4 Commercial Sites This Year

2022/02/24 by Christopher Caillavet Leave a Comment

Hong Kong’s government on Wednesday released a fiscal 2022-23 budget promising to increase land sales for housing and commercial development and tap cash reserves to jump-start infrastructure works within the planned Northern Metropolis.

In an announcement shadowed by the city’s… Read More>>

Chua Thian Po Ho Bee Land founder

Ho Bee Land Buying London Landmark the Scalpel for $972M

2022/02/24 by Christopher Caillavet Leave a Comment

Asian acquisitions of London commercial properties are reaching the highest levels of the market, with Singapore’s Ho Bee Land announcing this morning that it has agreed to purchase the Scalpel office tower in the UK capital’s primary business district for… Read More>>

sukanto-tanoto-tf

Indonesian Tycoon Buying Singapore’s Tanglin Shopping Centre for $645M

2022/02/23 by Christopher Caillavet Leave a Comment

A company owned by the family of Indonesian lumber tycoon Sukanto Tanoto has acquired the Tanglin Shopping Centre in Singapore’s Orchard Road area at a 10 percent premium over the reserve price in the asset tender, as commercial properties in… Read More>>

Hong Kong’s Chevalier Buying London Office Building From BBC Trust for $62M

2022/02/22 by Christopher Caillavet Leave a Comment

Hong Kong-listed Chevalier International Holdings has agreed to buy a City of London office building for £45.9 million ($62.4 million), as Asian investors continue to do their high-end shopping in the UK capital’s real estate market.

The conglomerate is picking… Read More>>

Yoshiyuki Chosa GLP

GLP Acquires Sites to Kick Off $12B Japan Data Centre Platform

2022/02/21 by Christopher Caillavet Leave a Comment

GLP has secured land to begin developing its first data centres in Japan, joining a throng of global investors attracted to digital infrastructure in Asia’s second-largest economy.

The industrial specialist and fund manager aims to invest more than JPY 1.5… Read More>>

Huang Xianzhi Zhenro

Zhenro Asks Bond Creditors Not to Sue as Developer Crisis Continues

2022/02/21 by Christopher Caillavet Leave a Comment

Zhenro Properties, a top 30 Chinese developer by contracted sales, jolted investors late last week with the news that it was asking holders of a $200 million bond due in March to refrain from default claims as the company deals… Read More>>

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