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Christopher Caillavet

Benett Theseira PGIM

Logistics, Multi-Family Still Sectors to Watch as China Leads APAC Rebound: PGIM

2021/06/10 by Christopher Caillavet Leave a Comment

A swift rebound in China is breathing life back into Asia Pacific’s economy this year, with logistics and residential among the property sectors benefiting the most, according to research by PGIM Real Estate.

In its recently released 2021 Global Outlook… Read More>>

Former Anbang Unit Buys Beijing Office Tower From SK Group for $1.4B

2021/06/09 by Christopher Caillavet Leave a Comment

Beijing’s investment market is showing further signs of life after a local insurer paid RMB 9.06 billion ($1.4 billion) for the SK Tower in the capital’s central business district, marking the biggest transaction for an office building in China during… Read More>>

Tan Boon Leong JLL

JLL Hires Tan Boon Leong, Ng Ee Kiat to Bolster Singapore Industrial Team

2021/06/09 by Christopher Caillavet Leave a Comment

After bringing aboard Tom Woolhouse earlier this year to lead its Singapore-based logistics and industrial team for Asia Pacific, JLL has made two more outside hires to boost its shed-shifting power.

Tan Boon Leong and Ng Ee Kiat, both jumping… Read More>>

Sheraton Tech Centre - Denver

Eagle Hospitality Trust Completes Sale of 5 US Hotels for $155M

2021/06/08 by Christopher Caillavet Leave a Comment

The liquidation of Singapore’s Eagle Hospitality Trust has started raising some hard cash as Asia’s most beleaguered REIT on Monday announced the sale of five US hotels for an aggregate consideration of $155.4 million.

The five hotels among 15 EHT… Read More>>

Savills China Appoints Louisa Luo as Head of Industrial and Logistics

2021/06/08 by Christopher Caillavet Leave a Comment

Savills China is beefing up its management team with the appointment of longtime CBRE executive Louisa Luo as country head of industrial and logistics.

Based in Shanghai, Luo will oversee strategic operations, business development and team management while continuing to… Read More>>

Kelvin Chow - Lendlease

Lendlease REIT Investing $255M to Boost Stake in Singapore Commercial Complex

2021/06/07 by Christopher Caillavet Leave a Comment

SGX-listed Lendlease Global Commercial REIT has agreed to pay S$337.3 million ($254.7 million) to boost its slice of a western Singapore mixed-use development, following a recent fundraising.

LREIT’s second major investment since its 2019 IPO will see the real estate… Read More>>

sherman kwek CDL

CDL Files for Singapore REIT IPO of London Commercial Assets

2021/06/05 by Christopher Caillavet Leave a Comment

SGX-listed City Developments Ltd on Friday said it had applied for an initial public offering of a real estate investment trust that will own commercial assets located in the UK.

The official statement confirmed rumours that had been building for… Read More>>

GIC to Acquire Minority Stake in $733M Phoenix Mills India Portfolio

2021/06/05 by Christopher Caillavet Leave a Comment

Indian mall developer Phoenix Mills has secured a second deal with a deep-pocketed global investor in less than a week, this time entering into a strategic partnership with Singapore’s GIC.

The sovereign wealth fund will acquire “a significant minority stake”… Read More>>

Bob-Tan-2

Ascott REIT Sells Shanghai Somerset for $160M, Buys 3 Japan Properties

2021/06/03 by Christopher Caillavet Leave a Comment

Singapore-listed Ascott Residence Trust (ART) has completed the divestment of a Shanghai serviced apartment building and will use some of the proceeds to acquire three higher-yielding residential properties in Japan’s fifth-largest city, Sapporo.

The REIT sponsored by property giant CapitaLand… Read More>>

Alex Barnes, head of office leasing advisory at JLL in Hong Kong

Office Vacancy in Hong Kong’s Central Hits 7.5% as Rents Dip Further

2021/06/03 by Christopher Caillavet Leave a Comment

Office vacancy in Hong Kong’s Central district edged up to 7.5 percent in April from 7.3 percent a month earlier as overall rents in the city drifted lower, according to a report released recently by JLL.

An overall net withdrawal… Read More>>

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