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Michael Cole

Ng Beng Tiong ARA

ARA-Chelsfield JV Buys SG’s Manulife Centre From CDL and Alpha for S$555M

2019/01/05 by Michael Cole Leave a Comment

A joint venture between ARA Asset Management and Chelsfield Asia has purchased the Manulife Centre on Singapore’s Bras Basah Road for S$555.5 million ($408.8 million), according to statements released late Friday.

Singapore-based ARA and Chelsfield, the Asian arm of a… Read More>>

Luckin Coffee China

Luckin Coffee to Open 2,500 New Mainland Stores and More Asia Real Estate Headlines

2019/01/04 by Michael Cole Leave a Comment

The race for the hearts and wallets of China’s coffee addicts leads today’s real estate news as venture-backed Luckin Coffee says it will open 2,500 new stores this year. That optimistic worldview may not be shared by China Overseas Land… Read More>>

Kwok Ying-shing

Kaisa Says $150M Xi’An Project Seized by Local Developers and More Asia Real Estate Headlines

2019/01/03 by Michael Cole Leave a Comment

Infamous for its 2015 debt defaults, developer Kaisa Group is back in the news this week with a new take on trouble, as the Hong Kong-listed firm now says that one of its Xi’an projects has been illicitly taken over… Read More>>

Singapore housing construction

Singapore Private Home Prices Drop in Fourth Quarter and More Asia Real Estate Headlines

2019/01/02 by Michael Cole Leave a Comment

Just two days into 2019, the world already looks much different than it had a few months before after Hong Kong’s office market last month came to a near standstill, and in Singapore prices for private homes suffered their first… Read More>>

Victor Shih Centaline

Asia Real Estate People in the News 2019-01-01

2019/01/01 by Michael Cole Leave a Comment

It’s a whole new year and some lucky members of Asia’s real estate community are ringing in 2019 with bigger desks and, with any luck, upgraded pay packets. In Hong Kong, one of the city’s largest real estate agencies has… Read More>>

Adrian Cheng New World

Hong Kong’s New World Buys Insurer for HK$21.5B and More Asia Real Estate Headlines

2018/12/29 by Michael Cole Leave a Comment

It’s the end of the year and there have still been a few transactions to wrap up before we start 2019, with Hong Kong development titan New World inking a pair of monster deals in the dwindling days of 2018… Read More>>

ming-mei-glp

CPPIB Backs New $5.6B GLP Japan Logistics Fund

2018/12/23 by Michael Cole Leave a Comment

Warehouse developer and investment manager Global Logistic Properties (GLP) has set up the largest fund ever targetting Japan’s logistics real estate sector, according to an announcement Saturday by the Singapore-based firm.

The Canada Pension Plan Investment Board (CPPIB) will be… Read More>>

60 margaret sydney

Blackstone Buys 50% Stake in Sydney Complex From PAG and More Asia Real Estate Headlines

2018/12/22 by Michael Cole Leave a Comment

Real estate investors across Asia seemed in a hurry to finish their Christmas shopping this past week with Blackstone closing a pair of deals in Sydney and India’s national capital region to go with a Shanghai acquisition and Singaporean investors… Read More>>

Masayoshi Son softbank

Investors Said to Balk at Latest Softbank-WeWork Deal and More Asia Real Estate Headlines

2018/12/20 by Michael Cole Leave a Comment

Softbank’s investment in WeWork last month, which valued the co-working company at $42 billion, shocked many industry professionals and apparently among those still coming to grips with the deal are some of the leading investors in Softbank’s Vision Fund, according… Read More>>

Heze Shandong

Shandong City Lifts Ban on Flat Flipping and More Asia Real Estate Headlines

2018/12/19 by Michael Cole Leave a Comment

In each cycle of policy restrictions and market slowdowns mainland municipal governments squeezed by falling revenues look to test the limits of Beijing’s tolerance, with a city in Shandong province testing the strength of that leash today. Also in the… Read More>>

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