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Scott Callon Ichigo

Japan’s Ichigo Selling Fukuoka Hotels for $59M and More Asia Real Estate Headlines

Scott Callon Ichigo

2024/11/19 by Michael Cole Leave a Comment

Japan’s Ichigo plans to sell two properties to the firm’s sponsored hotel REIT, with that divestment leading today’s headline roundup. Also in the news, co-working giant WeWork is closing two Singapore locations and global fund managers are upping Korea housing… Read More>>

Japan’s Ichigo plans to sell two properties to the firm’s sponsored hotel REIT, with that divestment leading today’s … Read more>>>

Soon Su Lin of Frasers

Frasers Teams With Sekisui House to Add 348 Luxury Homes on Singapore Riverfront

Soon Su Lin of Frasers

2024/11/18 by Christopher Caillavet Leave a Comment

Six months after confirming its sale of a riverfront apartment complex near Singapore’s Robertson Quay, Frasers Property on Monday announced a retail-residential project to add 348 luxury homes in the area.

Frasers Property and Japanese builder Sekisui House will jointly… Read More>>

Six months after confirming its sale of a riverfront apartment complex near Singapore’s Robertson Quay, Frasers Property … Read more>>>

KKR Japan CEO Hiro Hirano

KKR Tops Bain Bid by Narrowest of Margins in Second Tender Offer for Fuji Soft

KKR Japan CEO Hiro Hirano

2024/11/18 by Christopher Caillavet Leave a Comment

US private equity giant KKR on Friday announced an increase in its tender offer price for Japan’s Fuji Soft, narrowly eclipsing Bain Capital’s competing bid for the Tokyo-listed systems developer.

KKR expects to begin the second stage of its two-stage… Read More>>

US private equity giant KKR on Friday announced an increase in its tender offer price for Japan’s Fuji Soft, narrowly … Read more>>>

Chen Hongtian of Cheung Kei

Sale of Kowloon Office Block Faces Hurdles as $385M China Mobile Offer Reported

Chen Hongtian of Cheung Kei

2024/11/18 by Kevin He Leave a Comment

China Mobile is reportedly in talks to acquire the former Hong Kong headquarters building of defaulted mainland property firm Cheung Kei Group, after the grade A office asset lost nearly two thirds of its value over the past two years.

… Read More>>

China Mobile is reportedly in talks to acquire the former Hong Kong headquarters building of defaulted mainland property … Read more>>>

Daiwa House, Toll Brothers Announce US Project and More Asia Real Estate Headlines

2024/11/18 by Michael Cole Leave a Comment

Japan’s Daiwa House hooks up with US-based Toll Brothers on a luxury residential project near New York City, with that joint venture leading today’s headline roundup. Also making the list, China’s Country Garden submits a revised restructuring plan to creditors… Read More>>

Japan’s Daiwa House hooks up with US-based Toll Brothers on a luxury residential project near New York City, with that … Read more>>>

Qi Bin CIC

Asia Real Estate People in the News 2024-11-18

Qi Bin CIC

2024/11/18 by Michael Cole Leave a Comment

A Beijing-based investment cadre is heading to Hong Kong to join the city’s government, with that update leading this week’s roundup of personnel moves from Asia’s real estate industry. Also making the list is a retiring vice-chairman at LaSalle and… Read More>>

A Beijing-based investment cadre is heading to Hong Kong to join the city’s government, with that update leading this … Read more>>>

Hongkong Land CEO Michael Smith

Hongkong Land Reports Q3 Profit Jump on China Project Completions

Hongkong Land CEO Michael Smith

2024/11/17 by Kevin He Leave a Comment

Getting homes into the hands of mainland buyers helped boost Hongkong Land’s bottom line in the third quarter, with the blue chip developer reporting improved underlying profit for the period thanks to handing over housing completed at its residential and… Read More>>

Getting homes into the hands of mainland buyers helped boost Hongkong Land’s bottom line in the third quarter, with the … Read more>>>

Tuan Sing CEO William Liem

Singapore’s Tuan Sing Plans Redevelopment of Grand Hyatt Melbourne Podium

Tuan Sing CEO William Liem

2024/11/16 by Christopher Caillavet Leave a Comment

Tuan Sing Holdings has submitted a planning application to redevelop the retail podium of the Grand Hyatt Melbourne, which the Singapore-based firm owns.

Tuan Sing seeks to revitalise 121-131 Collins Street and 23-25 George Parade, currently comprising the 550-room Grand… Read More>>

Tuan Sing Holdings has submitted a planning application to redevelop the retail podium of the Grand Hyatt Melbourne, … Read more>>>

William Tay, CEO of CapitaLand Ascendas REIT

CapitaLand Ascendas REIT Developing $70M South Carolina Logistics Project

William Tay, CEO of CapitaLand Ascendas REIT

2024/11/16 by Christopher Caillavet Leave a Comment

CapitaLand Ascendas REIT on Friday announced its acquisition of a US logistics project at a total investment cost of S$94.8 million ($70.5 million).

CLAR purchased a land parcel in Summerville, South Carolina, near the southern state’s largest city of Charleston,… Read More>>

CapitaLand Ascendas REIT on Friday announced its acquisition of a US logistics project at a total investment cost of … Read more>>>

Brian Oravec RealTerm

Realterm Names Brian Oravec Chief Investment Officer for Asia Pacific

Brian Oravec RealTerm

2024/11/16 by Kevin He Leave a Comment

US logistics developer and fund manager Realterm has appointed Brian Oravec as chief investment officer for Asia Pacific, with the executive rejoining the firm after co-founding and heading Indian industrial developer and owner IndoSpace.

Based in Singapore, Oravec will help… Read More>>

US logistics developer and fund manager Realterm has appointed Brian Oravec as chief investment officer for Asia … Read more>>>

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