Singapore’s high-profile money-laundering case leads today’s headline roundup as OCBC seeks to recoup losses from foreign nationals who bought homes in the city-state. Also on the list, Indonesia’s Sinar Mar enlists Korean investors in a Jakarta data centre project and… Read More>>
Hong Kong’s ITC Selling Half-Stake in Vancouver Hotel and More Asia Real Estate Headlines
A waterfront hotel in Canada takes centre stage in today’s headline roundup, as Hong Kong developer ITC plans to sell its half-stake in Vancouver’s Westin Bayshore. Also in the news, HKEX-listed Hysan posts a marginal profit dip and crowdfunders target… Read More>>
BlackRock Leases Mumbai Office From K Raheja and More Asia Real Estate Headlines
The world’s biggest asset manager leads today’s headline roundup, with US-based BlackRock leasing new office space in India’s commercial capital. Also making the list, Singapore boosts second-hand home sales and a Chinese developer seeks US recognition of its debt workout.
Asia Real Estate People in the News 2024-08-26
Investment managers and pension funds lead this week’s review of personnel moves from around Asia’s real estate industry, featuring a pair of senior Korean executives. Blackstone also makes the list with a new chief for its private REIT.
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Singapore Family Office Buys London Office Block and More Asia Real Estate Headlines
A Singapore-based investor teams with the UK’s Quadrant on an office acquisition in the City of London, with that deal leading today’s headline roundup. Also making the list, South Korea’s Mirae Asset Securities prepares to exit a Vietnam skyscraper investment… Read More>>
Hong Kong’s Henderson Land Sees Earnings Fall by Half and More Asia Real Estate Headlines
Henderson Land leads Mingtiandi’s headline roundup today, with the blue-chip developer reporting a profit plunge aggravated by Hong Kong’s weak office market. Also making the list, Champion REIT sues an upscale Hong Kong gym chain over unpaid rent and Chinese… Read More>>
BlackRock Set to Buy Citadines Raffles Place From CapitaLand JV for Circa $222M
The world’s largest asset manager is set to pick up its second Singapore residential property this year as a deal for Citadines Raffles Place enters the final stages, according to sources familiar with the discussions who spoke with Mingtiandi.
BlackRock… Read More>>
Singapore Fund Manager Buys London Asset From Hong Kong’s Lai Wing-to for $46M
A recently established Singapore fund manager has made its maiden acquisition, picking up a commercial building in London’s Soho area from Hong Kong investor Lai Wing-To for around £35 million ($45.7 million), according to a statement on 21 August.
HECapital,… Read More>>
Mitsubishi, Lendlease Confirm $337M Sydney JV and More Asia Real Estate Headlines
Mitsubishi Estate and Lendlease confirm plans for a residential-led project in suburban Sydney, with that story leading today’s headline roundup. Also in the news, Australia’s Dexus REIT reels from office property write-downs and Chinese builder Sunac posts a $2.1 billion… Read More>>
China’s Kaisa Rolls Out Restructuring Deal and More Asia Real Estate Headlines
Defaulted developer Kaisa Group leads today’s headline roundup as the Shenzhen-based firm hammers out a deal with a group of bondholders. Also making the cut, Hong Kong homebuyers are increasingly forfeiting their deposits and Bank of China is switching auditors.
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