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Michael Cole

John Graham CPPIB

CPPIB Declares $10.5B in Earnings for Q1 and More Asia Real Estate Headlines

2024/08/15 by Michael Cole Leave a Comment

Canada’s biggest pension fund leads today’s roundup of regional headlines, with Toronto-based CPPIB reporting quarterly gains. Also in the news, China’s home-price downturn slows and a Singapore property tycoon bets on luxury condos in Australia.

Canada’s CPPIB… Read More>>

Agile Group chairman Chen Zhuolin (Source: Getty Images)

Chairman of China’s Agile Sells HK Flat at 54% Loss and More Asia Real Estate Headlines

2024/08/14 by Michael Cole Leave a Comment

The latest stumble by a mainland real estate tycoon leads today’s collection of real estate headlines from around the region, as the chairman of China’s Agile Group sells a Hong Kong home at more than half off. Also in the… Read More>>

Ashish Mancharam

PGIM JV Buying Stamford Court From Singapore Land for $99.9M

2024/08/13 by Michael Cole Leave a Comment

Singapore’s real estate investment market started off the week with a pair of major transactions as SGX-listed Singapore Land late Monday announced the sale of a commercial building near City Hall at an agreed property value of S$132 million ($99.9… Read More>>

Fintech City Chennai

Tishman Speyer India JV Picks Up Chennai Site and More Asia Real Estate Headlines

2024/08/13 by Michael Cole Leave a Comment

Manhattan-based Tishman Speyer sets up an Indian joint venture to acquire land for an office project in Chennai, with that story leading Mingtiandi’s headline roundup today. Also in the news, SGX-listed developer OUE swings to a first-half loss and Singaporean… Read More>>

Ho Bee Land chief executive Nicholas Chua

Brunei Sovereign Fund Buys Stake in Ho Bee Singapore Life Sciences Complex for $205M

2024/08/12 by Michael Cole Leave a Comment

Singapore’s commercial real estate is showing signs of a pulse this month with developer Ho Bee Land announcing early Monday that it has agreed to sell a 49 percent stake in a life science complex in the city-state’s One North… Read More>>

Li Sze Lim of R&F Properties 1 (Getty Images)

China’s Guangzhou R&F Defaults on $4.53B in Offshore Bonds

2024/08/12 by Michael Cole Leave a Comment

A builder once ranked among China’s largest developers has fallen still further into distress with Guangzhou R&F Properties announcing on Sunday that it has failed to make interest payments on offshore bonds worth a total of $4.53 billion.

The developer… Read More>>

Stan Tang Stan Group

Stan Group Hotel Up for Sale as Student Housing Conversion in Kowloon

2024/08/12 by Michael Cole Leave a Comment

A hotel in Hong Kong’s Mong Kok area is being marketed as a student housing investment for private buyers as the city’s hospitality market flounders and higher-end rental housing players stay on the sidelines.

Hotel Ease – Mong Kok is… Read More>>

nexus shantiniketan in bangalore

Blackstone Cashes in India REIT Shares for $542M and More Asia Real Estate Headlines

2024/08/12 by Michael Cole Leave a Comment

Some profit-taking in India leads today’s collection of real estate headlines from around Asia, as Blackstone more halves its stake in Nexus Select Trust. Also making the list is set of good news for mainland developers as a pair of… Read More>>

Zhao Xuejun Harvest

Asia Real Estate People in the News 2024-08-10

2024/08/12 by Michael Cole Leave a Comment

A disappearing mainland executive leads this week’s roundup of personnel moves around Asia’s real estate industry, as Harvest Fund Management says its chairman has been caught up in an investigation. Also making the list is a retirement at a Hong… Read More>>

A Wanda Mall in Nanchang

China’s Wanda Finalising Deal to Pay Investors and More Asia Real Estate Headlines

2024/08/09 by Michael Cole Leave a Comment

Dalian Wanda is nearing an agreement that could help the troubled developer pay some of its pre-IPO investors, with that story leading Mingtiandi’s headline roundup today. Also making the list, a local executive is named as the buyer of three… Read More>>

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