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Michael Cole

Lim Ming Yan Changi

Former CapitaLand Boss Lim Ming Yan to Lead Singapore’s Changi Airport

2024/12/29 by Michael Cole Leave a Comment

With Singapore set to expand its international airport by more than half, the country’s Ministry of Finance has named a former chief executive of CapitaLand Ltd to lead Changi Airport Group, according to an announcement on Friday.

Lim Ming Yan,… Read More>>

7-Eleven Shibuya

KKR, Bain Each Bid Over $5B for Seven & I Assets and More Asia Real Estate Headlines

2024/12/27 by Michael Cole Leave a Comment

The ongoing rivalry between KKR and Bain Capital leads today’s headline roundup, with the private equity majors reportedly vying for the non-core assets of Japan’s Seven & I Holdings. Also making the list, Indian conglomerate Welspun explores the sale of… Read More>>

Jubilant Plaza Cheung Sha Wan Hong Kong

China Resources Buys 5 Hong Kong Shopping Centres and More Asia Real Estate Headlines

2024/12/26 by Michael Cole Leave a Comment

State-owned China Resources Land continues to scoop up Hong Kong properties in a down market, with that story leading today’s headline roundup. Japan’s listed trusts also make the news, with One REIT planning to sell three Tokyo office buildings and… Read More>>

GDS Chengdu Data Centre

GDS Data Centres Said Considering China REIT IPO and More Asia Real Estate Headlines

2024/12/25 by Michael Cole Leave a Comment

A pair of Chinese data centres leads today’s Christmas review of real estate headlines from around Asia as GDS gears up for a mainland IPO while one of its rivals looks for a listing on a US exchange. Defaulting developer… Read More>>

Yoshitaka Kitao, president and CEO of SBI Group

Nippon REIT Completes Sale of Ginza Office Block and More Asia Real Estate Headlines

2024/12/24 by Michael Cole Leave a Comment

Tokyo-listed Nippon REIT completes the sale of an office building in the Ginza area, with that divestment leading today’s headline roundup. Also making news, Samsung’s construction unit wins a contract to build a sports complex near Seoul and Chinese developer… Read More>>

Han Khim Siew, CEO of OUE C-REIT

OUE REIT Selling Shanghai’s Lippo Plaza for $263M to Exit China Market

2024/12/23 by Michael Cole 1 Comment

Singapore’s OUE REIT is selling a Shanghai office tower for 35 percent below its 2018 valuation as it exits mainland China’s declining property market, according to a statement on Friday.

The manager of the SGX-listed trust informed the stock exchange… Read More>>

Nan Fung Group chairman and CEO Antony Leung

Nan Fung Wins Tung Chung Site Tender in Hong Kong and More Asia Real Estate Headlines

2024/12/23 by Michael Cole Leave a Comment

Privately held Nan Fung Group wins a residential development site near Hong Kong’s Tung Chung East Station, with that successful tender leading today’s headline roundup. Also in the news, a Daiwa Securities REIT sells apartments in Japan’s Miyagi prefecture and… Read More>>

Sunyoung Kim Tikehau

Asia Real Estate People in the News 2024-12-23

2024/12/23 by Michael Cole Leave a Comment

A Korean appointment leads this week’s review of personnel moves from around Asia’s real estate industry, with a French investment manager adding to its team in Seoul. Also making the lists are board moves at a Singapore-listed REIT and at… Read More>>

Daisuke Kitta Blackstone

Blackstone Announces Osaka Hotel Buy in Second Japan Hospitality Deal This Month

2024/12/22 by Michael Cole Leave a Comment

US fund management giant Blackstone has agreed to acquire a budget hostelry in Osaka, adding to its cache of Japanese hospitality properties.

The Manhattan-based firm late last week revealed that it has agreed to buy a Nest Hotel… Read More>>

GIC chief executive Lim Chow Kiat

GIC Abandons Seoul Office Sale Amid Korean Crisis and More Asia Real Estate Headlines

2024/12/20 by Michael Cole Leave a Comment

Singapore’s GIC drops the sale of its landmark Seoul Financial Center after bids failed to satisfy the sovereign giant, with that story leading today’s headline roundup. Also in the news, SGX-listed Cromwell E-REIT agrees to sell a pair of office… Read More>>

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