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China Home Sales Slump Continued in July and More Asia Real Estate Headlines

2024/08/01 by Ponrath Sopannarath Leave a Comment

China’s residential slump deepened in July, with that story leading Mingtiandi’s headline roundup today. Also making the list, a Hong Kong mansion sells for 60 percent of the asking price and China’s Gemdale unloads a Seattle apartment tower for $174… Read More>>

China’s residential slump deepened in July, with that story leading Mingtiandi’s headline roundup today. Also making the … Read more>>>

Yoshiyuki Chosa, GLP Capital Partners

Speaker Bio: Yoshiyuki Chosa of GLP Capital Partners MTD TV Productions

Yoshiyuki Chosa, GLP Capital Partners

2024/08/01 by Mingtiandi Team Leave a Comment

Yoshiyuki (Yoshi) Chosa is President, Japan at GLP Capital Partners (“GCP”). Yoshi was formerly Senior Vice President of Investment Management at Prologis Japan where he launched and expanded its acquisition business. Prior to joining Prologis Japan, Yoshi held several key… Read More>>

Yoshiyuki (Yoshi) Chosa is President, Japan at GLP Capital Partners (“GCP”). Yoshi was formerly Senior Vice President of … Read more>>>

Parkway Life REIT CEO Yong Yean Chau

Singapore’s Parkway Life REIT Adding Osaka Nursing Home to Japan Portfolio

Parkway Life REIT CEO Yong Yean Chau

2024/08/01 by Christopher Caillavet Leave a Comment

Healthcare-focused Parkway Life REIT is adding to its Japan portfolio with the acquisition of an Osaka nursing home from developer FDS for JPY 2.4 billion ($16 million).

The purchase of the 138-bed Hibisu Higashi Sumiyoshi marks Singapore-listed PLife REIT’s second… Read More>>

Healthcare-focused Parkway Life REIT is adding to its Japan portfolio with the acquisition of an Osaka nursing home from … Read more>>>

Jon Tanaka Hines

Jon Tanaka to Lead Hines APAC Business, Ray Lawler Shifts to Americas Role

Jon Tanaka Hines

2024/07/31 by Christopher Caillavet Leave a Comment

Hines is shaking up its regional leadership team, with Japan head Jon Tanaka to oversee the US developer and fund manager’s Asia Pacific business as current APAC boss Ray Lawler returns home to lead activity in the Americas.

Saiko Ishii,… Read More>>

Hines is shaking up its regional leadership team, with Japan head Jon Tanaka to oversee the US developer and fund … Read more>>>

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>>>

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