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Johnson Cha

Hong Kong’s Hanison Marketing Sheung Wan Serviced Apartments After Value Fell by a Third

Johnson Cha

2024/07/15 by Kevin He Leave a Comment

Hong Kong-based builder Hanison Construction Holdings has put up for sale a 55-unit serviced apartment building in the city’s Sheung Wan district, as the firm controlled by the Cha family behind local developer HKR International seeks to boost its liquidity.

… Read More>>

Hong Kong-based builder Hanison Construction Holdings has put up for sale a 55-unit serviced apartment building in the … Read more>>>

Ong Beng Seng

Cuscaden Peak, Kajima Seeking $596M for Singapore’s Woodleigh Mall

Ong Beng Seng

2024/07/13 by Christopher Caillavet Leave a Comment

Cuscaden Peak is marketing its Woodleigh Mall in north-central Singapore for S$800 million ($596 million), sources confirmed to Mingtiandi on Friday.

The retail project next to Woodleigh MRT station was completed last year and is held in a 50:50 joint… Read More>>

Cuscaden Peak is marketing its Woodleigh Mall in north-central Singapore for S$800 million ($596 million), sources … Read more>>>

Biel Crystal founder Yeung Kin-man

Mansions on Hong Kong’s Peak Sold to Touchscreen Tycoon for $141M to Repay Gaw Loan

Biel Crystal founder Yeung Kin-man

2024/07/11 by Kevin He Leave a Comment

A set of four mansions in Hong Kong’s prestigious Peak area have sold for HK$1.1 billion ($141 million), marking a 50 percent decline from the height of the market in 2021, as even the city’s elite show signs of financial… Read More>>

A set of four mansions in Hong Kong’s prestigious Peak area have sold for HK$1.1 billion ($141 million), marking a 50 … Read more>>>

Temasek Holdings chairman Lim Boon Heng

Singapore’s Temasek Boosts Portfolio Value by 1.8% to $288B on US, India Strength

Temasek Holdings chairman Lim Boon Heng

2024/07/10 by Christopher Caillavet Leave a Comment

Singapore state holding firm Temasek reported a net portfolio value of S$389 billion ($288 billion) for its financial year to the end of March, up S$7 billion from a year ago, as investment returns from the US and India offset… Read More>>

Singapore state holding firm Temasek reported a net portfolio value of S$389 billion ($288 billion) for its financial … Read more>>>

Gordon Tang Singhaiyi

Tang Family Completes Manager Buyout, Becomes Sponsor of ARA US Hospitality Trust

Gordon Tang Singhaiyi

2024/07/10 by Christopher Caillavet Leave a Comment

Mysterious mainland investor Gordon Tang and wife Celine have completed their takeover of ARA US Hospitality Trust’s managers, with the family upping its stake to become the largest unit-holder and sponsor of the Singapore-listed hotel REIT.

Acrophyte Pte, which was… Read More>>

Mysterious mainland investor Gordon Tang and wife Celine have completed their takeover of ARA US Hospitality Trust’s … Read more>>>

Li Sze Lim of R&F Properties (Getty Images)

Guangzhou R&F Hit With Wind-Up Petition by Temasek-Linked Fund

Li Sze Lim of R&F Properties (Getty Images)

2024/07/09 by Christopher Caillavet Leave a Comment

Guangzhou R&F Properties on Monday was served with a winding-up petition in Hong Kong’s High Court by a creditor linked to Singapore’s Temasek Holdings, with the legal motion coming despite a recent series of restructuring deals agreed with the Chinese… Read More>>

Guangzhou R&F Properties on Monday was served with a winding-up petition in Hong Kong’s High Court by a creditor … Read more>>>

Scott Callon Ichigo

Japan’s Ichigo to Acquire Private Tosho Tokai REIT and Manager

Scott Callon Ichigo

2024/07/09 by Christopher Caillavet Leave a Comment

Japanese property and infrastructure company Ichigo has agreed to acquire all shares of Tosho Tokai REIT and the unlisted trust’s asset management firm for an undisclosed price.

Tosho Tokai REIT owns 24 high-quality residential assets in Aichi prefecture, Ichigo said… Read More>>

Japanese property and infrastructure company Ichigo has agreed to acquire all shares of Tosho Tokai REIT and the … Read more>>>

Ms Christina Tan (1) (1)

Mapletree Selling Singapore Office Park to Keppel Education Fund for $119M

Ms Christina Tan (1) (1)

2024/07/08 by Michael Cole Leave a Comment

Singapore’s commercial real estate market continues to show signs of revival with Mapletree Investments having agreed to sell a suburban office asset to a Keppel-managed fund for S$160 million ($118.5 million), according to sources familiar with the transaction who spoke… Read More>>

Singapore’s commercial real estate market continues to show signs of revival with Mapletree Investments having agreed to … Read more>>>

Centurion chief executive Kong Chee Min

Centurion JV Secures Master Lease for Hong Kong Worker Housing Project

Centurion chief executive Kong Chee Min

2024/07/07 by Christopher Caillavet Leave a Comment

Singapore-based rental housing specialist Centurion Corp and its Hong Kong local partner have struck a deal to lease all 50 residential units in a New Territories building with the intent of renovating the property into a 550-bed worker accommodation.

The… Read More>>

Singapore-based rental housing specialist Centurion Corp and its Hong Kong local partner have struck a deal to lease all … Read more>>>

Masatomo Okamoto,head of Japan at AM Alpha

Germany’s AM Alpha Sells Tokyo Multi-Family Asset to Mitsui Private Fund

Masatomo Okamoto,head of Japan at AM Alpha

2024/07/04 by Christopher Caillavet Leave a Comment

German family office AM Alpha has sold a newly completed rental apartment building in eastern Tokyo to a private fund managed by Mitsui & Co.

The 10-storey multi-family asset in Koto ward, known as Alpha Prime Toyocho, was developed by… Read More>>

German family office AM Alpha has sold a newly completed rental apartment building in eastern Tokyo to a private fund … Read more>>>

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