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Shum Tin Ching Jiayuan

Jiayuan to Sell Property Management Arm to Jinke Unit, Makes Bond Payment

Shum Tin Ching Jiayuan

2022/05/27 by Christopher Caillavet Leave a Comment

Jiayuan International on Thursday announced a tentative plan to sell its stake in subsidiary Jiayuan Services to rival Jinke Smart Services, as China’s debt-saddled developers seek to unlock value from their relatively healthy property management units.

Under the non-binding framework… Read More>>

Jiayuan International on Thursday announced a tentative plan to sell its stake in subsidiary Jiayuan Services to rival … Read more>>>

TikTok CEO Shou Zi Chew

TikTok Takes Four Floors in Sydney’s Salesforce Tower as Tech Tenants Expand

TikTok CEO Shou Zi Chew

2022/05/26 by McDowell Ramintas Leave a Comment

Chinese video-sharing service TikTok agreed to lease 4,800 square metres (51,667 square feet) in the tallest office tower in Sydney during the first quarter of 2022, as tenants across Australia upgrade to premium spaces amid a struggle to attract staff… Read More>>

Chinese video-sharing service TikTok agreed to lease 4,800 square metres (51,667 square feet) in the tallest office … Read more>>>

laurent-jacquemin axa

AXA IM Buys Pair of Tokyo Rental Residential Assets for $54M

laurent-jacquemin axa

2022/05/25 by Alden Monzon Leave a Comment

AXA IM Alts announced on Tuesday that it has acquired a pair of rental residential properties in Tokyo for JPY 6.9 billion ($54 million), unveiling its first multifamily asset purchase this year in Japan’s increasingly competitive build-to-rent sector after a… Read More>>

AXA IM Alts announced on Tuesday that it has acquired a pair of rental residential properties in Tokyo for JPY 6.9 … Read more>>>

sherman kwek CDL

CDL Sees Q1 Sales Fall 41% as Singapore Housing Curbs Bite

sherman kwek CDL

2022/05/25 by McDowell Ramintas Leave a Comment

City Developments Ltd is optimistic that Singapore’s property market will remain resilient even as government cooling measures and an absence of new launches dragged down the developer’s domestic sales in the first quarter of 2022 to S$477.9 million ($348.2 million),… Read More>>

City Developments Ltd is optimistic that Singapore’s property market will remain resilient even as government cooling … Read more>>>

Sharon Lim MCT

Mapletree Wins Approval for $3.1B Commercial REIT Merger

Sharon Lim MCT

2022/05/24 by McDowell Ramintas Leave a Comment

Shareholders of Mapletree Commercial Trust (MCT) and Mapletree North Asia Commercial Trust (MNACT) have approved a S$4.22 billion ($3.07 billion) merger, which creates the Singapore exchange’s third largest REIT, after sponsor Mapletree Investments sweetened the deal with an all-cash payout… Read More>>

Shareholders of Mapletree Commercial Trust (MCT) and Mapletree North Asia Commercial Trust (MNACT) have approved a … Read more>>>

Henry Low Amazon

Amazon Said Taking 350K Sq Ft at IOI Central Boulevard in Singapore

Henry Low Amazon

2022/05/22 by Christopher Caillavet Leave a Comment

Amazon is reportedly nearing a deal to lease as much as 350,000 square feet (32,516 square metres) of office space at the under-construction IOI Central Boulevard Towers in downtown Singapore.

The e-commerce giant is said to be in advanced talks… Read More>>

Amazon is reportedly nearing a deal to lease as much as 350,000 square feet (32,516 square metres) of office space at … Read more>>>

Ben Keswick Hongkong Land

Hongkong Land Q1 Underlying Profit Ticks Up Despite Pandemic Pain on Home Turf

Ben Keswick Hongkong Land

2022/05/22 by Christopher Caillavet Leave a Comment

Hongkong Land reported higher underlying profit in the first quarter of 2022 compared with year-earlier levels, as a rise in completions from its development pipeline in mainland China offset COVID-led weakness in the group’s office and retail portfolios at home.

… Read More>>

Hongkong Land reported higher underlying profit in the first quarter of 2022 compared with year-earlier levels, as a … Read more>>>

Matthew Zann Big Screen 3

EQT Exeter Eyeing Logistics-Focused APAC Fund, Regional Boss Tells MTD TV

Matthew Zann Big Screen 3

2022/05/19 by Christopher Caillavet Leave a Comment

Sweden’s EQT Exeter plans to launch an Asia Pacific logistics fund to pursue investment opportunities in the region’s top markets, a key executive told MTD TV on Thursday.

Matthew Zann, who leads APAC for EQT Exeter, revealed the upcoming strategy… Read More>>

Sweden’s EQT Exeter plans to launch an Asia Pacific logistics fund to pursue investment opportunities in the region’s … Read more>>>

Li Sze-lim

Guangzhou R&F Delays 2021 Results for 3rd Time, Sets August General Meeting

Li Sze-lim

2022/05/19 by McDowell Ramintas Leave a Comment

Guangzhou R&F Properties, a former top 10 commercial developer in China and one of the country’s biggest homebuilders, has announced a delay in the release of its 2021 audited results for a third time this year.

The Hong Kong stock… Read More>>

Guangzhou R&F Properties, a former top 10 commercial developer in China and one of the country’s biggest … Read more>>>

Pan Sutong

Suit Filed as Receivers Relaunch Sale of Hong Kong’s Goldin Financial Global Centre

Pan Sutong

2022/05/18 by Pawara Laothamatas, Michael Cole 2 Comments

A mysterious businessman who has been said to be in the process of buying the Goldin Financial Global Centre (GFGC) since late 2020 filed suit this week in an attempt to block the sale of the Kowloon East trophy tower… Read More>>

A mysterious businessman who has been said to be in the process of buying the Goldin Financial Global Centre (GFGC) … Read more>>>

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MTD TV

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