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Thomas Hirschvogel_PATRIZIA Head of APAC

Germany’s Patrizia Launches $1B Japanese Multi-Family Fund, Expands In Singapore

Thomas Hirschvogel_PATRIZIA Head of APAC

2022/11/14 by Beatrice Laforga Leave a Comment

German asset manager Patrizia has launched a €1 billion ($1.03 billion) Japan-focused fund to acquire core and value-add multi-family assets across the country’s top cities, according to the company’s top executive for the region.

In an interview with Mingtiandi on… Read More>>

German asset manager Patrizia has launched a €1 billion ($1.03 billion) Japan-focused fund to acquire core and value-add … Read more>>>

sukmawati Widjaja

Widjaja Family Sells Singapore Properties to Mainland Investor for Record Price

sukmawati Widjaja

2022/11/13 by Beatrice Laforga 1 Comment

A Chinese investor has acquired three strata units in an office building along Singapore’s Scotts Road from a company controlled by Indonesia’s Widjaja family for S$10.1 million ($7.33 million), setting the highest price per unit of area ever recorded for… Read More>>

A Chinese investor has acquired three strata units in an office building along Singapore’s Scotts Road from a company … Read more>>>

link-reit-leadership-nicholas-allen-03.jpg

Link REIT Swings to $380M Profit After Years of Losses, Gets Cautious on APAC Expansion 

link-reit-leadership-nicholas-allen-03.jpg

2022/11/10 by Beatrice Laforga Leave a Comment

Hong Kong’s Link REIT rebounded to a HK$2.99 billion ($380 million) profit in the six months ending September after reporting full-year losses for the last two years, with its top officials noting that Asia’s largest REIT is acting “with heightened… Read More>>

Hong Kong’s Link REIT rebounded to a HK$2.99 billion ($380 million) profit in the six months ending September after … Read more>>>

Greg Lapham, head of Australia at Savills IM

Savills IM Buys Japan, Australia Properties for Pan-Asian Flagship Fund

Greg Lapham, head of Australia at Savills IM

2022/11/10 by Christopher Caillavet Leave a Comment

Savills Investment Management has completed its first acquisitions in Japan’s office and residential sectors under the firm’s flagship pan-Asian fund, with the vehicle also picking up a majority stake in a Perth neighbourhood mall for its third purchase in Australia.

… Read More>>

Savills Investment Management has completed its first acquisitions in Japan's office and residential sectors under the … Read more>>>

Han Khim Siew, OUE

OUE C-REIT Eyes Opportunities in Australia, UK in Drive to Boost Income

Han Khim Siew, OUE

2022/11/10 by Beatrice Laforga Leave a Comment

After reporting sustained growth in Singapore office space, OUE Commercial REIT’s chief executive is keen on growing the trust’s overseas portfolio in the year ahead as opportunistic office deals arise in its target markets of Sydney, Melbourne and London.

Han… Read More>>

After reporting sustained growth in Singapore office space, OUE Commercial REIT’s chief executive is keen on growing the … Read more>>>

Ong Jeun Jye Sun Venture

Sun Venture Buying North Sydney Office Building From Sumner Capital for $96M

Ong Jeun Jye Sun Venture

2022/11/09 by Christopher Caillavet Leave a Comment

Sun Venture has agreed to acquire a North Sydney office building for A$148 million ($95.9 million), marking the Singaporean investment firm’s first acquisition in Australia.

The 10-storey office block at 50 Miller Street is a Grade A building comprising 10,441… Read More>>

Sun Venture has agreed to acquire a North Sydney office building for A$148 million ($95.9 million), marking the … Read more>>>

Kaname Wakabayashi of Tosei Asset Advisors

Tosei, Hulic-Led Consortium Outbids Brookfield, LaSalle in $2.7B Tokyo Office Deal

Kaname Wakabayashi of Tosei Asset Advisors

2022/11/08 by Iris Hong Leave a Comment

A local consortium which won a September tender for a Tokyo office building with a JPY 400 billion ($2.7 billion) bid is said to have bested some of the world’s biggest investors in that contest.

A bid submitted by Tosei… Read More>>

A local consortium which won a September tender for a Tokyo office building with a JPY 400 billion ($2.7 billion) bid is … Read more>>>

kei hoi pang Logan

Citi Files Winding-Up Petition Against China’s Logan Group in Hong Kong

kei hoi pang Logan

2022/11/08 by Christopher Caillavet Leave a Comment

Logan Group has become the latest defaulting Chinese developer to get socked with a winding-up petition, with a unit of banking giant Citigroup taking action against the builder and a pair of subsidiaries in two separate courts.

On 4 November,… Read More>>

Logan Group has become the latest defaulting Chinese developer to get socked with a winding-up petition, with a unit of … Read more>>>

CSI Properties Sells New Territories Retail Podium for $56M

2022/11/08 by Pawara Laothamatas Leave a Comment

CSI Properties has agreed to sell the retail podium of its residential tower in the New Territories for HK$440 million ($56 million), an executive from the Hong Kong-listed developer confirmed to Mingtiandi.

The unnamed buyer – a local family office,… Read More>>

CSI Properties has agreed to sell the retail podium of its residential tower in the New Territories for HK$440 million … Read more>>>

pan sutong trophy

Fresh Lawsuit Said Filed Over Failed Sale of Goldin’s Hong Kong Tower

pan sutong trophy

2022/11/07 by Christopher Caillavet Leave a Comment

Late September’s news that the Goldin Financial Global Centre had finally sold after a two-year struggle for the Hong Kong office tower appears to have been premature, according to local media reports of a new legal case involving the property.

… Read More>>

Late September’s news that the Goldin Financial Global Centre had finally sold after a two-year struggle for the Hong … Read more>>>

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