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Hong Kong Investor Ho Shung-Pun Sells Third Peak Home for $129M Amid Cash Crunch

2024/10/11 by Kevin He Leave a Comment

A mansion in Hong Kong’s prestigious Peak area once owned by local investor Ho Shung-Pun has been sold by creditors, marking the third piece of Ho’s property portfolio to be offloaded in three months as the indebted investor continues to… Read More>>

A mansion in Hong Kong’s prestigious Peak area once owned by local investor Ho Shung-Pun has been sold by creditors, … Read more>>>

Star Bay City

Paramount, Shinsegae Plan $3.4B Korea Theme Park and More Asia Real Estate Headlines

Star Bay City

2024/10/11 by Michael Cole Leave a Comment

US entertainment giant Paramount is teaming with South Korea’s Shinsegae Group on a new theme park, with that story leading today’s headline roundup. In other news, developers Hoi Hup and Sunway win the tender for an eastern Singapore project and… Read More>>

US entertainment giant Paramount is teaming with South Korea’s Shinsegae Group on a new theme park, with that story … Read more>>>

Francis Choi Chee-ming

Singapore’s Metro, Sim Lian Buy Sydney Tower From Hong Kong Toy King for $132M

Francis Choi Chee-ming

2024/10/10 by Christopher Caillavet Leave a Comment

The Australia joint venture of Singapore builders Metro Holdings and Sim Lian Group has acquired a downtown Sydney office tower from Early Light International, the Hong Kong firm controlled by toy tycoon Francis Choi, for A$196.4 million ($132 million).

Metro… Read More>>

The Australia joint venture of Singapore builders Metro Holdings and Sim Lian Group has acquired a downtown Sydney … Read more>>>

Woon Teng Koh of Equinix

Favourable Demographics, Policies Fuel SE Asia Data Centre Growth: MTD TV

Woon Teng Koh of Equinix

2024/10/10 by Kevin He Leave a Comment

Southeast Asia is emerging as a primary market for data centre investment as the region benefits from a confluence of favourable demographics, abundant resources, lower costs, and supportive government policies, according to senior executives from Equinix, law firm Wong… Read More>>

Southeast Asia is emerging as a primary market for data centre investment as the region benefits from a confluence of … Read more>>>

David Askham

M&G Real Estate Raises $250M for Asia Residential, Buys Osaka Portfolio for $68M

David Askham

2024/10/10 by Christopher Caillavet Leave a Comment

M&G Real Estate is ramping up in Asia Pacific residential after winning a $250 million commitment to the sector from its parent group’s life business.

The property division of British insurer and asset manager M&G has furthered its exposure with… Read More>>

M&G Real Estate is ramping up in Asia Pacific residential after winning a $250 million commitment to the sector from … Read more>>>

Nassim Road

Singapore Bungalow on the Market for $236M and More Asia Real Estate Headlines

Nassim Road

2024/10/10 by Michael Cole Leave a Comment

A Singapore mansion owned by a local businessman leads today’s headline roundup, with the Nassim Road bungalow going back on the market at a sharply higher price after failing to sell five years ago. Also making the list, Li Ka-shing’s… Read More>>

A Singapore mansion owned by a local businessman leads today’s headline roundup, with the Nassim Road bungalow going … Read more>>>

Ronald Bausch, PGGM

Abrdn Launches Japan Real Estate Expansion With Dutch Fund Manager PGGM

Ronald Bausch, PGGM

2024/10/09 by Christopher Caillavet Leave a Comment

Scottish asset manager Abrdn is expanding its real estate business in Japan with a residential investment mandate to be managed on behalf of Dutch pension investor PGGM.

To lead the expansion, Abrdn has appointed former Idera Capital Management executive Harumi… Read More>>

Scottish asset manager Abrdn is expanding its real estate business in Japan with a residential investment mandate to be … Read more>>>

Rangu Salgame, Princeton Digital Group

Scale, Capital Key to APAC Data Centre Success, Says PDG: MTD TV

Rangu Salgame, Princeton Digital Group

2024/10/09 by Kevin He Leave a Comment

With Asia Pacific requiring an estimated $200 billion in data centre investment over the next three to five years to meet demand from AI and cloud adoption, providers with scale and operational strength will be best positioned to secure… Read More>>

With Asia Pacific requiring an estimated $200 billion in data centre investment over the next three to five years to … Read more>>>

Serena Teo, CEO of CapitaLand Ascott Trust Management (Image: CapitaLand)

CapitaLand Ascott Trust Sells Citadines Kyoto Asset to Hilton for $42M

Serena Teo, CEO of CapitaLand Ascott Trust Management (Image: CapitaLand)

2024/10/09 by Christopher Caillavet Leave a Comment

CapitaLand Ascott Trust has sold a serviced apartment block in Japan’s ancient capital of Kyoto to Hilton’s vacation-home brand for JPY 6.2 billion ($42 million).

The 124-unit Citadines Karasuma-Gojo Kyoto was divested at 40.1 percent above its book value and… Read More>>

CapitaLand Ascott Trust has sold a serviced apartment block in Japan’s ancient capital of Kyoto to Hilton’s … Read more>>>

CapitaSpring

BlackRock, YTL Set to Buy Citadines Raffles Place and More Asia Real Estate Headlines

CapitaSpring

2024/10/09 by Michael Cole Leave a Comment

The world’s biggest asset manager is said to be circling a set of serviced apartments at a Singapore skyscraper, with that potential deal leading today’s headline roundup. Also making the list, Japan’s Nippon Steel backs a Melbourne apartment project and… Read More>>

The world’s biggest asset manager is said to be circling a set of serviced apartments at a Singapore skyscraper, with … Read more>>>

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