Hong Kong heavyweight New World Development reports a six-month loss of $852 million and sets out a recovery plan involving asset sales, with that story leading today’s headline roundup. Also in the news, the founding family of Japan’s Seven &… Read More>>
Asia Real Estate People in the News 2025-03-03
A set of Singapore moves lead this week’s review of personnel changes from around Asia, with a Keppel-sponsored REIT bidding farewell to its chair and an SGX-listed developer naming a new boss for its UK business.
Chairman’s Advisor Blamed in CDL Succession Feud and More Asia Real Estate Headlines
The CEO of City Developments Ltd hits back at his dad’s allegations of a boardroom coup at the Singaporean giant, with that family feud leading today’s headline roundup. Also making news, Hong Kong’s Sun Hung Kai Properties reports rising earnings… Read More>>
Frasers, Gemdale JV Buys Site in Shanghai’s Songjiang and More Asia Real Estate Headlines
Frasers Property announces a Shanghai residential project in collaboration with mainland builder Gemdale, with that joint venture leading today’s headline roundup. Also making the list, Singaporean giant CDL posts a steep profit drop and Hong Kong’s Sino Land reports its… Read More>>
CDL Chairman Accuses Son of ‘Attempted Coup’ as Sherman Kwek Remains CEO
Investors eager for Singapore’s largest non–government controlled developer to announce its 2024 financials on Wednesday received more excitement than expected when the executive chairman and chief executive officer of City Developments Ltd issued separate statements regarding an alleged struggle for… Read More>>
Blackstone JV Said Planning 500MW India Data Centre and More Asia Real Estate Headlines
Private equity titan Blackstone is reportedly involved in what’s being billed as India’s largest data centre project, with that story leading today’s headline roundup. Also in the news, Hong Kong’s Kitec convention centre adjusts its redevelopment plans and investment giant… Read More>>
Digital Edge CEO Samuel Lee Stepping Down, Former Legal Officer to Lead Data Centre Platform
Just over one month after closing on $1.6 billion in financing to expand its Asia footprint, regional data centre operator and investor Digital Edge has named John Freeman as its next chief executive officer, as its current CEO, Samuel Lee,… Read More>>
Mirae, NPS Field Bids for $70M Greater Seoul Hotel and More Asia Real Estate Headlines
Korean investment giants Mirae and NPS are taking offers from four potential buyers for a hotel south of Seoul, with that story leading today’s headline roundup. Also making the list, Bain Capital leads the race to buy assets from Japan’s… Read More>>
Macquarie Said Selling Seoul Hotel to KB AMC for $119M and More Asia Real Estate Headlines
Australian investment giant Macquarie is close to selling a Seoul hotel to KB Asset Management, with that report leading today’s headline roundup. Also in the news, a KKR-managed REIT acquires a western Tokyo logistics site and Singapore’s UOL teams with… Read More>>
Asia Real Estate People in the News 2025-02-24
A change of leadership at a Tokyo-listed real estate investment trust leads this week’s review of personnel moves from around Asia’s property investment world, with updates from Canada’s Oxford Properties and Microsoft also making the list.
Japan… Read More>>
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