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magnus ekborn lazada

ARA-Chelsfield Singapore Project Rechristened Lazada One as Alibaba Unit Relocates

magnus ekborn lazada

2021/06/12 by Christopher Caillavet Leave a Comment

Lazada, the Southeast Asia online marketplace owned by Chinese e-commerce giant Alibaba, has slapped its name on its new Singapore home as it prepares to move into the building owned by ARA Asset Management and UK-based Chelsfield.

Earlier this year,… Read More>>

Lazada, the Southeast Asia online marketplace owned by Chinese e-commerce giant Alibaba, has slapped its name on its new … Read more>>>

KITEC THUMBNAIL

Gordon Wu’s Hopewell Reportedly Selling Kowloon East Complex for $1.3B

KITEC THUMBNAIL

2021/06/10 by Christopher Caillavet Leave a Comment

Hong Kong’s commercial property market got a jolt Thursday after a report broke that Hopewell Holdings, controlled by billionaire Gordon Wu, had agreed to sell the Kowloonbay International Trade and Exhibition Centre for HK$10 billion ($1.3 billion).

No official announcement… Read More>>

Hong Kong’s commercial property market got a jolt Thursday after a report broke that Hopewell Holdings, controlled by … Read more>>>

Former Anbang Unit Buys Beijing Office Tower From SK Group for $1.4B

2021/06/09 by Christopher Caillavet Leave a Comment

Beijing’s investment market is showing further signs of life after a local insurer paid RMB 9.06 billion ($1.4 billion) for the SK Tower in the capital’s central business district, marking the biggest transaction for an office building in China during… Read More>>

Beijing’s investment market is showing further signs of life after a local insurer paid RMB 9.06 billion ($1.4 billion) … Read more>>>

Sheraton Tech Centre - Denver

Eagle Hospitality Trust Completes Sale of 5 US Hotels for $155M

Sheraton Tech Centre - Denver

2021/06/08 by Christopher Caillavet Leave a Comment

The liquidation of Singapore’s Eagle Hospitality Trust has started raising some hard cash as Asia’s most beleaguered REIT on Monday announced the sale of five US hotels for an aggregate consideration of $155.4 million.

The five hotels among 15 EHT… Read More>>

The liquidation of Singapore’s Eagle Hospitality Trust has started raising some hard cash as Asia’s most beleaguered … Read more>>>

Kelvin Chow - Lendlease

Lendlease REIT Investing $255M to Boost Stake in Singapore Commercial Complex

Kelvin Chow - Lendlease

2021/06/07 by Christopher Caillavet Leave a Comment

SGX-listed Lendlease Global Commercial REIT has agreed to pay S$337.3 million ($254.7 million) to boost its slice of a western Singapore mixed-use development, following a recent fundraising.

LREIT’s second major investment since its 2019 IPO will see the real estate… Read More>>

SGX-listed Lendlease Global Commercial REIT has agreed to pay S$337.3 million ($254.7 million) to boost its slice of a … Read more>>>

sherman kwek CDL

CDL Files for Singapore REIT IPO of London Commercial Assets

sherman kwek CDL

2021/06/05 by Christopher Caillavet Leave a Comment

SGX-listed City Developments Ltd on Friday said it had applied for an initial public offering of a real estate investment trust that will own commercial assets located in the UK.

The official statement confirmed rumours that had been building for… Read More>>

SGX-listed City Developments Ltd on Friday said it had applied for an initial public offering of a real estate … Read more>>>

Bob-Tan-2

Ascott REIT Sells Shanghai Somerset for $160M, Buys 3 Japan Properties

Bob-Tan-2

2021/06/03 by Christopher Caillavet Leave a Comment

Singapore-listed Ascott Residence Trust (ART) has completed the divestment of a Shanghai serviced apartment building and will use some of the proceeds to acquire three higher-yielding residential properties in Japan’s fifth-largest city, Sapporo.

The REIT sponsored by property giant CapitaLand… Read More>>

Singapore-listed Ascott Residence Trust (ART) has completed the divestment of a Shanghai serviced apartment building and … Read more>>>

Avi Naidu (left) and Jonathan Hannam of Taronga Ventures

Mitsubishi, Nomura to Invest in Taronga Property Technology Fund

Avi Naidu (left) and Jonathan Hannam of Taronga Ventures

2021/06/01 by Christopher Caillavet Leave a Comment

Taronga Ventures continues to sign up marquee investors for its flagship proptech fund, winning commitments from two of the best-known names in Japan’s business world.

Taronga announced last week that Mitsubishi Corporation and Nomura Real Estate Development had agreed to… Read More>>

Taronga Ventures continues to sign up marquee investors for its flagship proptech fund, winning commitments from two of … Read more>>>

alex jeffrey Savills IM

Samsung Life to Acquire 25% Stake in Savills Investment Management for $90M

alex jeffrey Savills IM

2021/05/29 by Christopher Caillavet Leave a Comment

Savills Investment Management is taking its penchant for Korean partners to another level after its parent company agreed to sell a 25 percent stake in the fund manager to Seoul-based insurance giant Samsung Life for £63.75 million ($90.4 million).

The… Read More>>

Savills Investment Management is taking its penchant for Korean partners to another level after its parent company … Read more>>>

Christina Gaw, Managing Principal, Co-Chair of Alternative Investments at Gaw Capital Partners (1) (1)

Gaw Completes $430M Final Closing of Asia-Focused Proptech Fund

Christina Gaw, Managing Principal, Co-Chair of Alternative Investments at Gaw Capital Partners (1) (1)

2021/05/29 by Christopher Caillavet Leave a Comment

Hong Kong-based Gaw Capital Partners on Friday announced the final closing of its proptech-oriented Gaw Growth Equity Fund I, bringing total equity raised for the fund (including co-investments) to $430 million.

Launched in late 2020, the investment vehicle backs high-growth,… Read More>>

Hong Kong-based Gaw Capital Partners on Friday announced the final closing of its proptech-oriented Gaw Growth Equity … Read more>>>

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