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GIC chief executive Lim Chow Kiat

GIC Warns of $500B in Climate Change Damage and More Asia Real Estate Headlines

GIC chief executive Lim Chow Kiat

2024/09/26 by Michael Cole Leave a Comment

Singapore sovereign investor GIC sounds the alarm on dangers posed by climate change to the real estate industry, with that red alert leading today’s headline roundup. Also in the news, Perennial opens its transit-oriented complex in the Chinese city of… Read More>>

Singapore sovereign investor GIC sounds the alarm on dangers posed by climate change to the real estate industry, with … Read more>>>

Christian Sinding

EQT Selling Minority Stake in Data Centre Firm EdgeConneX to Sixth Street

Christian Sinding

2024/09/25 by Christopher Caillavet Leave a Comment

Swedish private equity firm EQT has agreed to sell a minority stake in global data centre platform EdgeConneX to US-based fund manager Sixth Street Partners, the parties announced Tuesday.

After first investing in EdgeConneX in 2020, EQT will remain the… Read More>>

Swedish private equity firm EQT has agreed to sell a minority stake in global data centre platform EdgeConneX to … Read more>>>

"King of Cassettes" David Chan Ping-chi

Hong Kong’s Cassette King Marketing North Point Commercial Block After 44% Drop in Value

"King of Cassettes" David Chan Ping-chi

2024/09/25 by Kevin He Leave a Comment

Hong Kong’s “King of Cassettes” David Chan Ping-chi has put up for tender a commercial block in Hong Kong Island’s North Point area at a price reckoned to be as much as 44 percent below what he was asking for… Read More>>

Hong Kong’s “King of Cassettes” David Chan Ping-chi has put up for tender a commercial block in Hong Kong Island’s North … Read more>>>

Yang Huiyan Country Garden

Country Garden Services to Unload Stake in Wanda Mall Business for $450M

Yang Huiyan Country Garden

2024/09/25 by Christopher Caillavet Leave a Comment

The property services arm of troubled Chinese developer Country Garden has agreed to sell a 1.49 percent stake in Wanda Group’s mall management unit for RMB 3.14 billion ($450 million).

The disposal by CGS HK, a wholly owned Hong Kong… Read More>>

The property services arm of troubled Chinese developer Country Garden has agreed to sell a 1.49 percent stake in Wanda … Read more>>>

Temasek Expands Private Credit Commitments With US REIT Investment

2024/09/25 by Christine Low Leave a Comment

Singapore’s Temasek Holdings continues to up its bets on private credit strategies with the state investment firm making a major capital commitment to US commercial real estate lender 3650 REIT, according to a statement on Tuesday.

3650 REIT, a US… Read More>>

Singapore’s Temasek Holdings continues to up its bets on private credit strategies with the state investment firm making … Read more>>>

Ong Beng Seng

Singapore to Make Ong Beng Seng Decision Soon and More Asia Real Estate Headlines

Ong Beng Seng

2024/09/25 by Michael Cole Leave a Comment

Singapore law enforcement officials are nearing a decision on the fate of property tycoon Ong Beng Seng, with that story leading Mingtiandi’s headline roundup. Also making the list, BlackRock says it will refrain for the time being from further real… Read More>>

Singapore law enforcement officials are nearing a decision on the fate of property tycoon Ong Beng Seng, with that story … Read more>>>

Biel Crystal founder Yeung Kin-man

Touchscreen Tycoon Acquires Kowloon Commercial Block at 62% Off 2014 Price

Biel Crystal founder Yeung Kin-man

2024/09/24 by Kevin He Leave a Comment

Hong Kong billionaire Yeung Kin-man has acquired a Kowloon East commercial building formerly owned by the family of the late “Shop King” Tang Shing-bor, as the smartphone touchscreen tycoon continues to pick up discounted property assets amid the city’s property… Read More>>

Hong Kong billionaire Yeung Kin-man has acquired a Kowloon East commercial building formerly owned by the family of the … Read more>>>

Serene Nah - Digital Realty (featured)

Digital Realty, Equinix, PDG to Speak at Mingtiandi Data Centre Forum in October

Serene Nah - Digital Realty (featured)

2024/09/24 by Michael Cole Leave a Comment

Some of the world’s largest data centre investors and operators will be appearing at Mingtiandi’s Asia Pacific Data Centre Forum next month, as investors in the sector ramp up capacity to meet growing demand from artificial intelligence applications.

The fifth… Read More>>

Some of the world’s largest data centre investors and operators will be appearing at Mingtiandi’s Asia Pacific Data … Read more>>>

Apollo’s Atlas SP Launches $5B Credit Strategy With BNP Paribas

2024/09/24 by Christopher Caillavet Leave a Comment

Atlas SP Partners, a warehouse finance and structured credit business backed by Apollo Global Management, has joined forces with BNP Paribas on a new credit strategy to which the French banking giant will commit $5 billion in funding.

The financing… Read More>>

Atlas SP Partners, a warehouse finance and structured credit business backed by Apollo Global Management, has joined … Read more>>>

Scott Callon Ichigo

Japan’s Ichigo to Offer Token Backed by $79M in Tokyo Residential Assets

Scott Callon Ichigo

2024/09/24 by Christopher Caillavet Leave a Comment

Japanese property and infrastructure firm Ichigo will launch its fifth residence token next month, with the digital security to be backed by seven Tokyo assets collectively valued at JPY 11.4 billion ($79 million).

Issued through the Osaka Digital Exchange, the… Read More>>

Japanese property and infrastructure firm Ichigo will launch its fifth residence token next month, with the digital … Read more>>>

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