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Sanjeev Dasgupta, chief executive of CapitaLand India Trust Management

CapitaLand India Trust Posts 8% DPU Rise on Surging Property Income

Sanjeev Dasgupta, chief executive of CapitaLand India Trust Management

2024/07/30 by Christopher Caillavet Leave a Comment

CapitaLand India Trust reported a first-half distribution per unit of 3.64 Singapore cents, up 8 percent from a year earlier and 18 percent compared with the preceding six-month period, as net property income jumped.

SGX-listed CLINT’s NPI shot up 21… Read More>>

CapitaLand India Trust reported a first-half distribution per unit of 3.64 Singapore cents, up 8 percent from a year … Read more>>>

Peter Woo Wheelock

Wharf Holdings Set to Swing to Six-Month Loss of Up to $360M on Revaluations

Peter Woo Wheelock

2024/07/30 by Christopher Caillavet Leave a Comment

Asset markdowns plagued Wharf Holdings during the first six months of the year, with the Hong Kong developer warning of an attributable loss for the period in the range of HK$2.5 billion to HK$2.8 billion ($320 million to $360 million).

… Read More>>

Asset markdowns plagued Wharf Holdings during the first six months of the year, with the Hong Kong developer warning of … Read more>>>

Trent-Iliffe2

Trent Iliffe to Launch New Asia Industrial Venture as ESR Buys Out Logos Founders

Trent-Iliffe2

2024/07/29 by Christopher Caillavet Leave a Comment

Warehouse giant ESR has acquired the remaining interest in Logos Property held by the Australian developer’s founders, having completed the buyout six months ahead of a scheduled target date.

ESR has concluded deals to acquire the 13.6 percent equity stake… Read More>>

Warehouse giant ESR has acquired the remaining interest in Logos Property held by the Australian developer’s founders, … Read more>>>

Lui Chong Chee

CapitaLand Ascott Trust 1H Gross Profit Up 12% as RevPAU Exceeds Pre-Pandemic Levels

Lui Chong Chee

2024/07/27 by Kevin He Leave a Comment

CapitaLand Ascott Trust (CLAS) achieved a 12 percent year-on-year increase in gross profit during the first six months of the year, with the hospitality trust’s managers attributing the Singapore-listed REIT’s improved performance to sustained demand for accommodation and rising room… Read More>>

CapitaLand Ascott Trust (CLAS) achieved a 12 percent year-on-year increase in gross profit during the first six months … Read more>>>

Francis Choi Chee-ming

Hong Kong’s ‘King of Toys’ Francis Choi Marketing ASX Building in Sydney

Francis Choi Chee-ming

2024/07/26 by Kevin He Leave a Comment

Hong Kong toy tycoon Francis Choi Chee-ming has put up for sale the central Sydney home of the Australian Securities Exchange (ASX), as the bourse operator prepares to relocate to a newer building ahead of its lease expiry.

Choi, who… Read More>>

Hong Kong toy tycoon Francis Choi Chee-ming has put up for sale the central Sydney home of the Australian Securities … Read more>>>

Emperor Group chairman Albert Yeung Sau-shing (Getty Images)

Hong Kong’s Emperor International Offloads Properties to Founder Yeung for $148M

Emperor Group chairman Albert Yeung Sau-shing (Getty Images)

2024/07/25 by Kevin He Leave a Comment

Emperor International, the property development and investment arm of Hong Kong-based conglomerate Emperor Group, has agreed to sell a portfolio of retail, residential and industrial properties across Hong Kong to a vehicle controlled by Emperor Group founder and chairman Albert… Read More>>

Emperor International, the property development and investment arm of Hong Kong-based conglomerate Emperor Group, has … Read more>>>

teo hong lim roxy

Singapore’s Roxy Square Up for Collective Sale at $930M

teo hong lim roxy

2024/07/25 by Christopher Caillavet Leave a Comment

The owners of Roxy Square in Singapore’s Katong area have launched a collective sale of the mixed-use complex at a minimum price of S$1.25 billion ($930 million), seeing an opportunity to fill a gap in the market for combined residential… Read More>>

The owners of Roxy Square in Singapore’s Katong area have launched a collective sale of the mixed-use complex at a … Read more>>>

GIC chief executive Lim Chow Kiat

GIC Returns Fall to 10-Year Low as Real Estate Allocation Holds Steady

GIC chief executive Lim Chow Kiat

2024/07/25 by Christopher Caillavet Leave a Comment

Singapore’s GIC saw its investment performance fall to a more than 10-year low during the year ending 31 March, with a report released by the sovereign wealth fund showing its annualised rate of return over the past two decades dropping… Read More>>

Singapore's GIC saw its investment performance fall to a more than 10-year low during the year ending 31 March, with a … Read more>>>

Florian Winkle

Macquarie Spinning Off $12B Core, Core-Plus Strategy Into Manova Partners

Florian Winkle

2024/07/24 by Christopher Caillavet Leave a Comment

Macquarie Asset Management is spinning off its core and core-plus real estate activities into an independent investment manager with €11.4 billion ($12.4 billion) in assets under management.

The new business, called Manova Partners, will largely consist of the real estate… Read More>>

Macquarie Asset Management is spinning off its core and core-plus real estate activities into an independent investment … Read more>>>

David Lau Ka-wau

Centaline Boss Buys Tsim Sha Tsui Hotel at 53% Discount

David Lau Ka-wau

2024/07/24 by Kevin He Leave a Comment

Hong Kong hotelier David Lau Ka-wai has sold a 63-key boutique hotel in Tsim Sha Tsui for less than half of his original asking price, as investors continue to acquire hospitality assets in the Asian financial centre for conversion to… Read More>>

Hong Kong hotelier David Lau Ka-wai has sold a 63-key boutique hotel in Tsim Sha Tsui for less than half of his original … Read more>>>

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