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CDL chairman Kwek Leng Beng

CDL Selling 50.1% Stake in $2.1B Singapore Complex to JV Partner IOI Properties

CDL chairman Kwek Leng Beng

2025/06/04 by Christopher Caillavet Leave a Comment

SGX-listed City Developments Ltd has agreed to sell its 50.1 percent interest in a central Singapore mixed-use complex to its joint venture partner, Malaysia’s IOI Properties Group, in a deal valuing the asset at S$2.75 billion ($2.1 billion).

CDL is… Read More>>

SGX-listed City Developments Ltd has agreed to sell its 50.1 percent interest in a central Singapore mixed-use complex … Read more>>>

Hiew Yoon Khong of Mapletree

Mapletree Swings to $176M Profit on Softer Markdowns, Strong Asset Sales

Hiew Yoon Khong of Mapletree

2025/06/04 by Christopher Caillavet Leave a Comment

Singapore’s Mapletree Investments posted a net profit of S$227.2 million ($176.4 million) for its fiscal year to the end of March, reversing a year-earlier loss of S$577.2 million, as the Temasek-owned real estate player’s revaluation losses narrowed and asset sales… Read More>>

Singapore’s Mapletree Investments posted a net profit of S$227.2 million ($176.4 million) for its fiscal year to the end … Read more>>>

Capella Sydney

Singapore’s Pontiac Land Targeting More Aussie Deals and More Asia Real Estate Headlines

Capella Sydney

2025/06/04 by Michael Cole Leave a Comment

The Singapore-based owner of a Sydney hotel is on the lookout for more projects in the area, with that story leading today’s headline roundup. Also in the news, Indonesia’s Widjaja family nears a buyout of SGX-listed Sinar Mas Land and… Read More>>

The Singapore-based owner of a Sydney hotel is on the lookout for more projects in the area, with that story leading … Read more>>>

Kwek Leng Beng

CDL Bests Five Rival Bids to Place Top Offer of $472M for Singapore Residential Site

Kwek Leng Beng

2025/06/03 by Michael Cole Leave a Comment

Singapore developers have shown that attractive residential sites can still spur competitive bidding with top builder City Developments Ltd placing the top offer for a plot in the city-state’s Jurong Lake in a tender which closed on Tuesday.

The developer… Read More>>

Singapore developers have shown that attractive residential sites can still spur competitive bidding with top builder … Read more>>>

Gale Well vice chairman and CEO Jacinto Tong

Hong Kong Tycoon Drops Price for Beachfront Complex by 25% as Fire Sale Heats Up

Gale Well vice chairman and CEO Jacinto Tong

2025/06/03 by Iris Hong Leave a Comment

Hong Kong’s Gale Well Group has slashed the price for a beach villa complex in the city’s Southern District by 25 percent over the past four months, as the financially-troubled property investment firm seeks to accelerate asset disposals.

The owner… Read More>>

Hong Kong’s Gale Well Group has slashed the price for a beach villa complex in the city’s Southern District by 25 … Read more>>>

Goodwin Gaw

Gaw Provides $38M Loan Backed by Kowloon Tower and More Asia Real Estate Headlines

Goodwin Gaw

2025/06/03 by Michael Cole Leave a Comment

Private loans, falling share prices and other signs of stress lead today’s collection of real estate headlines from around Asia as Gaw Capital provides some pricey credit to a Hong Kong strata developer and New World Development deals with the… Read More>>

Private loans, falling share prices and other signs of stress lead today’s collection of real estate headlines from … Read more>>>

Panote Sirivadhanabhakdi_BOD

Frasers Buying Theatre Complex Next to Northern Singapore Mall for $37M

Panote Sirivadhanabhakdi_BOD

2025/06/03 by Michael Cole Leave a Comment

Just days after entities under its controlling shareholders completed the sale of its remaining wing of a mall in northern Singapore to a REIT under its sponsorship, Frasers Property has acquired a cinema complex next to the shopping centre for… Read More>>

Just days after entities under its controlling shareholders completed the sale of its remaining wing of a mall in … Read more>>>

Tetsuya Kikuta Dai Ichi LIfe

Japan’s Dai-Ichi Life Buying 15% Stake in M&G to Rank as Largest Shareholder

Tetsuya Kikuta Dai Ichi LIfe

2025/06/02 by Michael Cole Leave a Comment

Japanese investors continue to expand their role on the global stage with Dai-Ichi Life Holdings set to take a 15 percent stake in M&G PLC, according to an announcement late on Friday.

Japan’s second-largest life insurer is establishing a partnership… Read More>>

Japanese investors continue to expand their role on the global stage with Dai-Ichi Life Holdings set to take a 15 … Read more>>>

Lincoln Pan Jardines

Asia Real Estate People in the News 2025-06-02

Lincoln Pan Jardines

2025/06/02 by Michael Cole Leave a Comment

Personnel moves in Hong Kong, Singapore and Tokyo lead this week’s review of job changes from across Asia’s real estate industry, with Jardine Matheson taking further turn toward a fund manager identity, Singapore’s Keppel installing a banker in a senior… Read More>>

Personnel moves in Hong Kong, Singapore and Tokyo lead this week’s review of job changes from across Asia’s real estate … Read more>>>

One Brickell City Centre Miami

Hong Kong’s Swire Sells Miami Supertall Site for $212M and More Asia Real Estate Headlines

One Brickell City Centre Miami

2025/06/02 by Michael Cole Leave a Comment

One of Hong Kong’s oldest property developers leads today’s review of real estate headlines from around the region as Swire Properties sells off the remains of a Miami plan. Also making the list today are more debt maneuvers by Hong… Read More>>

One of Hong Kong’s oldest property developers leads today’s review of real estate headlines from around the region as … Read more>>>

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