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Christopher Caillavet

Parkway Life REIT CEO Yong Yean Chau

Singapore’s Parkway Life REIT Adding Osaka Nursing Home to Japan Portfolio

2024/08/01 by Christopher Caillavet Leave a Comment

Healthcare-focused Parkway Life REIT is adding to its Japan portfolio with the acquisition of an Osaka nursing home from developer FDS for JPY 2.4 billion ($16 million).

The purchase of the 138-bed Hibisu Higashi Sumiyoshi marks Singapore-listed PLife REIT’s second… Read More>>

Jon Tanaka Hines

Jon Tanaka to Lead Hines APAC Business, Ray Lawler Shifts to Americas Role

2024/07/31 by Christopher Caillavet Leave a Comment

Hines is shaking up its regional leadership team, with Japan head Jon Tanaka to oversee the US developer and fund manager’s Asia Pacific business as current APAC boss Ray Lawler returns home to lead activity in the Americas.

Saiko Ishii,… Read More>>

Sanjeev Dasgupta, chief executive of CapitaLand India Trust Management

CapitaLand India Trust Posts 8% DPU Rise on Surging Property Income

2024/07/30 by Christopher Caillavet Leave a Comment

CapitaLand India Trust reported a first-half distribution per unit of 3.64 Singapore cents, up 8 percent from a year earlier and 18 percent compared with the preceding six-month period, as net property income jumped.

SGX-listed CLINT’s NPI shot up 21… Read More>>

Peter Woo Wheelock

Wharf Holdings Set to Swing to Six-Month Loss of Up to $360M on Revaluations

2024/07/30 by Christopher Caillavet Leave a Comment

Asset markdowns plagued Wharf Holdings during the first six months of the year, with the Hong Kong developer warning of an attributable loss for the period in the range of HK$2.5 billion to HK$2.8 billion ($320 million to $360 million).

… Read More>>

Trent-Iliffe2

Trent Iliffe to Launch New Asia Industrial Venture as ESR Buys Out Logos Founders

2024/07/29 by Christopher Caillavet Leave a Comment

Warehouse giant ESR has acquired the remaining interest in Logos Property held by the Australian developer’s founders, having completed the buyout six months ahead of a scheduled target date.

ESR has concluded deals to acquire the 13.6 percent equity stake… Read More>>

URA chief executive officer Lim Eng Hwee

Singapore New Home Price Growth Slows as Half-Year Sales Hit All-Time Low

2024/07/27 by Christopher Caillavet Leave a Comment

Average prices for new private homes in Singapore rose 0.9 percent during the second quarter of 2024, slowing from the 1.4 percent growth of the previous quarter, according to data released by the Urban Redevelopment Authority on Friday.

Developers sold… Read More>>

Clement Lau Knight Frank

Hongkong Land’s Clement Lau to Lead Professional Services at Knight Frank

2024/07/26 by Christopher Caillavet Leave a Comment

Knight Frank has appointed Clement Lau as managing director of professional services for Greater China to succeed 27-year company veteran Alnwick Chan, who is retiring from the role.

Lau has spent close to 24 years in a second spell at… Read More>>

Equinix Asia Pacific president Jeremy Deutsch

Equinix Buying Three Philippine Data Centres to Enter Fourth SE Asia Market

2024/07/26 by Christopher Caillavet Leave a Comment

Equinix has agreed to acquire three data centres in the Philippines, marking the digital infrastructure giant’s entry into a fourth Southeast Asian country.

The US-based operator is buying the trio of carrier-neutral assets from Manila-based tech firm Total Information Management… Read More>>

teo hong lim roxy

Singapore’s Roxy Square Up for Collective Sale at $930M

2024/07/25 by Christopher Caillavet Leave a Comment

The owners of Roxy Square in Singapore’s Katong area have launched a collective sale of the mixed-use complex at a minimum price of S$1.25 billion ($930 million), seeing an opportunity to fill a gap in the market for combined residential… Read More>>

GIC chief executive Lim Chow Kiat

GIC Returns Fall to 10-Year Low as Real Estate Allocation Holds Steady

2024/07/25 by Christopher Caillavet Leave a Comment

Singapore’s GIC saw its investment performance fall to a more than 10-year low during the year ending 31 March, with a report released by the sovereign wealth fund showing its annualised rate of return over the past two decades dropping… Read More>>

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MTD TV

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