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Duncan Owen Link REIT

Link REIT Introduces Duncan Owen as Chair 

Duncan Owen Link REIT

2024/07/31 by Michael Cole Leave a Comment

The board of Asia’s largest real estate investment trust on Wednesday formally announced Duncan Gareth Owen as its new chairman, with effect from 2 August.

Owen, who had been made chairman-elect in February, is succeeding Nicholas Allen who is retiring… Read More>>

The board of Asia’s largest real estate investment trust on Wednesday formally announced Duncan Gareth Owen as its new … Read more>>>

William Tay, CEO of Ascendas REIT

CapitaLand Ascendas REIT 1H Net Property Income Up 3.9% on Acquisitions, Completions

William Tay, CEO of Ascendas REIT

2024/07/31 by Kevin He Leave a Comment

CapitaLand Ascendas REIT (CLAR)’s net property income increased 3.9 percent year-on-year to S$528.4 million during the first six months of the year, with the trust’s manager attributing the growth to contributions from last year’s acquisitions and newly completed properties.

SGX-listed… Read More>>

CapitaLand Ascendas REIT (CLAR)’s net property income increased 3.9 percent year-on-year to S$528.4 million during the … Read more>>>

Hong Kong’s Hang Lung Sees Profit Fall 56% and More Asia Real Estate Headlines

2024/07/31 by Ponrath Sopannarath Leave a Comment

Hong Kong’s Hang Lung Properties leads Mingtiandi’s headline roundup today as the developer reports a 56 percent slump in net profit. Also making the news, Singapore’s Keppel REIT posts a 3.4 percent drop in distribution per unit and state-owned Temasek… Read More>>

Hong Kong’s Hang Lung Properties leads Mingtiandi’s headline roundup today as the developer reports a 56 percent slump … Read more>>>

Aaron Lee, Dash Living

Dash Living and BlackRock Team Up to Acquire Tokyo Multi-Family Property

Aaron Lee, Dash Living

2024/07/30 by Kevin He Leave a Comment

Dash Living has teamed up with US investment management giant BlackRock to acquire an upscale 29-unit multi-family property in Tokyo, as the Asian rental housing provider continues to expand its residential portfolio in Japan amid growing demand for accommodation in… Read More>>

Dash Living has teamed up with US investment management giant BlackRock to acquire an upscale 29-unit multi-family … Read more>>>

Steve-Kim-LaSalle-IM-e1650441793976

LaSalle IM Completes $115M Acquisition of Gangnam Office Site at 33% Discount

Steve-Kim-LaSalle-IM-e1650441793976

2024/07/30 by Kevin He Leave a Comment

LaSalle Investment Management has completed the acquisition of an office site in Seoul’s Gangnam business district after having submitted the winning bid in a non-performing loan collateral auction for the project two months ago, as office assets in the… Read More>>

LaSalle Investment Management has completed the acquisition of an office site in Seoul’s Gangnam business district after … Read more>>>

Tech Survey Probes AI Adoption in Asian Real Estate: Responses Due 9 August

2024/07/30 by Michael Cole Leave a Comment

Asia’s only survey of technology adoption in real estate kicked off last week, giving industry executives the opportunity to share their experiences in implementing new systems and innovation at their companies and to gauge the impact of artificial intelligence on… Read More>>

Asia’s only survey of technology adoption in real estate kicked off last week, giving industry executives the … Read more>>>

Sanjeev Dasgupta, chief executive of CapitaLand India Trust Management

CapitaLand India Trust Posts 8% DPU Rise on Surging Property Income

Sanjeev Dasgupta, chief executive of CapitaLand India Trust Management

2024/07/30 by Christopher Caillavet Leave a Comment

CapitaLand India Trust reported a first-half distribution per unit of 3.64 Singapore cents, up 8 percent from a year earlier and 18 percent compared with the preceding six-month period, as net property income jumped.

SGX-listed CLINT’s NPI shot up 21… Read More>>

CapitaLand India Trust reported a first-half distribution per unit of 3.64 Singapore cents, up 8 percent from a year … Read more>>>

Peter Woo Wheelock

Wharf Holdings Set to Swing to Six-Month Loss of Up to $360M on Revaluations

Peter Woo Wheelock

2024/07/30 by Christopher Caillavet Leave a Comment

Asset markdowns plagued Wharf Holdings during the first six months of the year, with the Hong Kong developer warning of an attributable loss for the period in the range of HK$2.5 billion to HK$2.8 billion ($320 million to $360 million).

… Read More>>

Asset markdowns plagued Wharf Holdings during the first six months of the year, with the Hong Kong developer warning of … Read more>>>

Adebayo Ogunlesi GIP

GIP May Join DigitalBridge Bid in $13B Airtrunk Sale and More Asia Real Estate Headlines

Adebayo Ogunlesi GIP

2024/07/30 by Ponrath Sopannarath Leave a Comment

A US investment giant leads Mingtiandi’s headline roundup today as Global Infrastructure Partners considers joining DigitalBridge in a bid for $13 billion data centre platform AirTrunk. Also in the news, Country Garden’s liquidation hearing is postponed to January and Prada… Read More>>

A US investment giant leads Mingtiandi’s headline roundup today as Global Infrastructure Partners considers joining … Read more>>>

CK Asset's Cheung Kong Center II was reported to be only 10 percent leased in May

New Building Debuts Boost Office Vacancy in Hong Kong’s Central to 12.1%

CK Asset's Cheung Kong Center II was reported to be only 10 percent leased in May

2024/07/29 by Michael Cole Leave a Comment

The debut of new office buildings in Hong Kong’s Central district has boosted vacancy in what was once among Asia’s most sought after business locations by 29 percent from a year earlier, according to new figures from JLL.

Some 12.1… Read More>>

The debut of new office buildings in Hong Kong’s Central district has boosted vacancy in what was once among Asia’s most … Read more>>>

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