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Alex Yeung of Emperor International Group

Villa on Hong Kong’s Shouson Hill Sells for $63.7M

Alex Yeung of Emperor International Group

2024/02/12 by Christopher Caillavet Leave a Comment

A luxury villa at the 15 Shouson development in Hong Kong Island’s Deep Water Bay has sold for HK$498.1 million ($63.7 million), breathing life into the ailing local housing market as the Year of the Dragon gets underway.

House 5… Read More>>

A luxury villa at the 15 Shouson development in Hong Kong Island’s Deep Water Bay has sold for HK$498.1 million ($63.7 … Read more>>>

Irene Lee Hysan

Hysan Previews $115M Loss as Investment Markdowns Continue

Irene Lee Hysan

2024/02/12 by Christopher Caillavet Leave a Comment

Hong Kong’s Hysan Development warned of a 2023 attributable loss on the order of HK$900 million ($115 million) in an update issued without fanfare on Chinese New Year’s Eve.

The expected loss marks a narrowing of the HK$1.16 billion shortfall… Read More>>

Hong Kong’s Hysan Development warned of a 2023 attributable loss on the order of HK$900 million ($115 million) in an … Read more>>>

ChingChiatKwong oxley holding

Singapore’s Oxley Swings to Six-Month Loss as Revenue Drops 63%

ChingChiatKwong oxley holding

2024/02/11 by Christopher Caillavet Leave a Comment

Singaporean developer Oxley Holdings posted a fiscal first-half loss attributable to shareholders of S$1.1 million, reversing a year-earlier profit of S$300,000, as revenue plunged 63 percent year-on-year to S$164.4 million ($122 million).

The reduced revenue haul in the six months… Read More>>

Singaporean developer Oxley Holdings posted a fiscal first-half loss attributable to shareholders of S$1.1 million, … Read more>>>

KKR Japan CEO Hiro Hirano

KKR Japan REIT Acquiring Tokyo Apartments in 12th Multi-Family Buy in One Year

KKR Japan CEO Hiro Hirano

2024/02/08 by Poonyapat Luenam Leave a Comment

KKR’s TSE-listed REIT is making its 12th apartment purchase in less than one year as its manager announced on Wednesday the acquisition of four Tokyo rental residential assets for JPY 9.5 billion ($64 million) from a subsidiary of Daiwa House.

… Read More>>

KKR’s TSE-listed REIT is making its 12th apartment purchase in less than one year as its manager announced on Wednesday … Read more>>>

Cheng Kar-Shun, NWD

New World’s Cheng Family Seeks to Push Out Giordano Boss Peter Lau

Cheng Kar-Shun, NWD

2024/02/07 by Christopher Caillavet Leave a Comment

The Cheng family behind New World Development has called for the dismissal of Peter Lau from his role as CEO of Giordano International, the Hong Kong-listed fashion retailer in which a Cheng-controlled vehicle is the largest shareholder.

The clan led… Read More>>

The Cheng family behind New World Development has called for the dismissal of Peter Lau from his role as CEO of Giordano … Read more>>>

Cheung Chung Kiu

Guangzhou R&F Selling $1.3B London Project to CC Land Chairman for 13 Cents

Cheung Chung Kiu

2024/02/07 by Kevin He Leave a Comment

Cheung Chung-kiu has once again come to the rescue of his Chinese billionaire builder brethren, with the chairman of mainland developer CC Land inking a preliminary agreement to buy a $1.3 billion London project from Guangzhou R&F Properties for HK$1… Read More>>

Cheung Chung-kiu has once again come to the rescue of his Chinese billionaire builder brethren, with the chairman of … Read more>>>

Patricia Goh Capitaland

CapitaLand Investment Buys Thailand Shed Site, Closes Japan Core Logistics Fund

Patricia Goh Capitaland

2024/02/07 by Christopher Caillavet Leave a Comment

Singapore’s CapitaLand Investment announced this week the acquisition of four properties, led by a greenfield warehouse project in Thailand, and the closing of a core logistics private fund in Japan.

The investment manager in December acquired Omega 1 Bang Na,… Read More>>

Singapore’s CapitaLand Investment announced this week the acquisition of four properties, led by a greenfield warehouse … Read more>>>

Kenny Lam Link REIT

Manulife, INA Reveal Indonesia Real Assets Tie-Up

Kenny Lam Link REIT

2024/02/06 by Christopher Caillavet Leave a Comment

Manulife Investment Management has joined forces with Indonesia’s sovereign wealth fund on a strategic partnership targeting infrastructure development and real estate plays in Southeast Asia’s largest country.

The tie-up between Canada’s Manulife IM and the Indonesia Investment Authority aims to… Read More>>

Manulife Investment Management has joined forces with Indonesia’s sovereign wealth fund on a strategic partnership … Read more>>>

Teo Swee Lian, chairman of CICT's manager

CICT Distributable Income Rises 1.9% as Conservative Approach Yields Results

Teo Swee Lian, chairman of CICT's manager

2024/02/06 by Christopher Caillavet Leave a Comment

CapitaLand Integrated Commercial Trust posted second-half distributable income of S$362.5 million, up 2.1 percent year-on-year, bringing the REIT’s full-year payout to S$715.7 million ($532 million), up 1.9 percent.

Singapore-listed CICT’s distribution per unit for 2023 was 10.75 Singapore cents, up… Read More>>

CapitaLand Integrated Commercial Trust posted second-half distributable income of S$362.5 million, up 2.1 percent … Read more>>>

Sanjeev Dasgupta - CEO of Ascendas India Trust

CapitaLand India Trust Buys Three Industrial Projects in Chennai, India

Sanjeev Dasgupta - CEO of Ascendas India Trust

2024/02/06 by Beatrice Laforga Leave a Comment

CapitaLand India Trust (CLINT) is acquiring three industrial development projects in Greater Chennai from a local builder as part of the Singapore property heavyweight’s pledge to ramp up investments in the city.

The REIT’s trustee-manager announced on Monday that it… Read More>>

CapitaLand India Trust (CLINT) is acquiring three industrial development projects in Greater Chennai from a local … Read more>>>

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