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Jonathan Burgos

MTD TV Panel: Vietnam Logistics Real Estate Gains Favour With Investors in 2020

2020/07/28 by Jonathan Burgos Leave a Comment

https://player.vimeo.com/video/441959633?h=3d6fe14b8dVideo can’t be loaded because JavaScript is disabled: Mingtiandi APAC Logistics Series: Panel Discussion on Emerging Markets (https://player.vimeo.com/video/441959633?h=3d6fe14b8d)

  Warehouse properties in Vietnam have gained fresh appeal with investors across emerging markets in Asia, benefiting from an… Read More>>

Beh Siew Kim, CEO of Ascott REIT

Ascott REIT to Sell Serviced Apartments in Guangzhou, Paris for S$191.4M

2020/07/27 by Jonathan Burgos Leave a Comment

Ascott Residence Trust said Monday it has agreed to sell the Ascott Guangzhou and the Citadines Didot Montparnasse Paris serviced apartments for S$191.4 million ($138.8 million) as the Singapore-listed real estate investment trust seeks to monetize assets despite the COVID-19… Read More>>

Alpha Investment Partners CEO Alvin Mah

Keppel Investing RMB 1.5B to Build First Mainland China Data Centre

2020/07/26 by Jonathan Burgos Leave a Comment

Keppel Corp said late Thursday that its Alpha Data Centre Fund will invest RMB 1.5 billion ($213.7 million) to develop a greenfield data centre in Guangdong province, marking the Singapore-based conglomerate’s first foray into mainland China’s booming data centre industry.

… Read More>>

st regis sg

M&C Hotels CEO Quits After Four Months as Pandemic Drags Firm Into the Red

2020/07/24 by Jonathan Burgos Leave a Comment

The sudden departure of Millennium & Copthorne Hotels CEO Clarence Tan, after helming the hospitality arm of Singapore-based real estate giant City Developments Limited for just four months, puts the spotlight on the challenging environment for hoteliers amid the COVID-19… Read More>>

Koh Wee Meng Fragrance Hotels

Fragrance Group Puts Singapore Office Tower Up for Sale at S$715M

2020/07/22 by Jonathan Burgos Leave a Comment

Singapore-based property developer Fragrance Group has put its 29-storey office tower on the edge of Singapore’s downtown core for sale at an indicative price of S$715 million ($514.8 million), adding to signs commercial property deals are picking up in the… Read More>>

pil building cecil street

Troubled Shipping Firm Puts Singapore Office Building on the Block for S$350M

2020/07/22 by Jonathan Burgos Leave a Comment

Financially troubled Pacific International Lines, Singapore’s largest container shipping company, has put its office building near the city’s Raffles Place central business district on the market for an indicative price of S$350 million ($252 million), a source familiar with the… Read More>>

Stuart Crow JLL

APAC Real Estate Deals to Rebound After Slumping 32% Jan to June: JLL

2020/07/20 by Jonathan Burgos Leave a Comment

Real estate investment volumes across Asia Pacific slumped 32 percent in the first half of 2020 compared to last year, falling to $60.4 billion as the full economic impact of the Covid-19 pandemic hit the region, property brokerage JLL said… Read More>>

Stephen Riady OUE

Lippo’s OUE Sells Los Angeles Tower for $430M – 34% Below Book Value

2020/07/19 by Jonathan Burgos Leave a Comment

OUE Limited, the Singapore-based property developer controlled by Indonesian conglomerate Lippo Group, said Friday that it has agreed to sell the iconic US Bank Tower in Los Angeles for $430 million.

The SGX-listed developer is selling the property to USBT… Read More>>

northpoint city singapore

Frasers Sells Half of S$1.1B Mall to Thai Cousin at Mark-Up Amid Retail Slump

2020/07/15 by Jonathan Burgos Leave a Comment

Despite slumping retail sales, a division of tycoon Charoen Sirivadhanabhakdi’s TCC Group has agreed to purchase a 50 percent stake in a suburban Singapore shopping centre from Frasers Property, the SGX-listed developer controlled by the Thai billionaire.

TCC Prosperity’s purchase… Read More>>

Investors Boost APAC Logistics Deals Amid E-Commerce Boom

2020/07/14 by Jonathan Burgos Leave a Comment

https://player.vimeo.com/video/438107315?h=3a769e064cVideo can’t be loaded because JavaScript is disabled: Mingtiandi APAC Logistics Series: Panel Discussion on Core Markets (https://player.vimeo.com/video/438107315?h=3a769e064c)

  Institutional investors are rapidly increasing their investments into logistics properties as the e-commerce boom bolsters demand for warehouse… Read More>>

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