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Christopher Caillavet

Xu Jiayin Evergrande

Evergrande Services Unit Kicks Off Downsized $2B Hong Kong IPO

2020/11/23 by Christopher Caillavet Leave a Comment

Evergrande Property Services Group Ltd has announced the details of its proposed listing on the Hong Kong stock exchange, with the public offering to take place from Monday to Thursday this week.

The company, a property management services spin-off of… Read More>>

Ding Xuedong CIC

CIC Nabs Half of Sydney’s Grosvenor Place Office Tower for $674M

2020/11/23 by Christopher Caillavet 2 Comments

Things are heating up as the Australian summer approaches, with China’s sovereign wealth fund paying A$925 million ($674 million) to purchase a 50 percent stake in Sydney’s Grosvenor Place office tower in 2020’s biggest commercial property deal Down Under.

The… Read More>>

Asia Real Estate People in the News 2020-11-23

2020/11/23 by Christopher Caillavet Leave a Comment

In this week’s edition of People in the News, a stalwart of the region-wide Guoco investment group retires after 40 years of service, while the next generation rises at mainland Chinese property management firm Kaisa Prosperity Holdings. In other moves,… Read More>>

Lee-Richards-485x600

CDL Says It Will Offload Hotels After Hospitality Business Lost $155M in 2020 1H

2020/11/19 by Christopher Caillavet Leave a Comment

Millennium & Copthorne Hotels Ltd has offered a glimpse of its recovery strategy after a 12-month period that witnessed an ill-timed privatisation, a sector-wrecking pandemic and boardroom upheaval.

After the hospitality division of Singapore-listed City Developments Ltd (CDL) reported a… Read More>>

Claire Cormier Thielke Hines

Hines Teams with Carlyle Fund Manager to Buy Guangdong Cold Chain Project

2020/11/18 by Christopher Caillavet Leave a Comment

US-based developer Hines and a Carlyle Group-backed real estate fund manager have joined forces to acquire a 33,800 square metre (363,820 square foot) cold storage facility and adjacent development site in southern China’s Guangdong province.

The property is in Dongguan’s… Read More>>

Lee Kok Sun GIC

GIC Expands European Logistics Platform With Last-Mile JV

2020/11/17 by Christopher Caillavet Leave a Comment

Singapore’s sovereign wealth fund, GIC, is set to further its reach in European warehousing through a joint venture announced this week that aims to acquire and develop last-mile distribution centres and urban logistics assets in the continent’s gateway cities.

Financial… Read More>>

The Pinnacle Gangnam - Seoul Office Tower bought by Mapletree

APAC Commercial Property Deals Dive 38% in Q3 as Singapore, HK Go Quiet

2020/11/13 by Christopher Caillavet Leave a Comment

Asia Pacific commercial property transactions fell to $26 billion in the third quarter as they tumbled 38 percent year-on-year, with the industrial segment showing resilience and South Korea standing out among key markets for its robust activity during the period.

… Read More>>

Regional executive director at C&W SG

Cuff Rejoins C&W in Singapore to Help Lead Regional Leasing

2020/11/13 by Christopher Caillavet Leave a Comment

Cushman & Wakefield has announced the appointment of Chris Cuff as regional executive director for commercial leasing, based in Singapore.

Cuff previously worked at Cushman & Wakefield for 10 years in North America as vice president for office leasing in… Read More>>

william liem tuan sing

Singapore’s Tuan Sing Selling Robinson Road Office Tower for S$500M

2020/11/10 by Christopher Caillavet Leave a Comment

Tuan Sing Holdings is making one of Singapore’s largest commercial real estate sales this year after signing a S$500 million ($371 million) sale and purchase agreement with a BVI-registered buyer for the firm’s Robinson Point office building.

In a statement… Read More>>

Moontower Ocean West Texus

Korean-backed Ocean West Adds Texas Student Housing to US Portfolio

2020/11/05 by Christopher Caillavet Leave a Comment

Ocean West Capital Partners has returned to campus with the acquisition of an 18-storey student housing tower at a flagship Texas university.

The California-based fund manager led an investment group comprising South Korean firms KIS and Tiger Alternative Investors, as… Read More>>

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