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Benjamin Cha, CEO and Founder, Serakai

Speaker Bio: Benjamin Cha of Serakai MTD TV Productions

Benjamin Cha, CEO and Founder, Serakai

2024/02/01 by Mingtiandi Team Leave a Comment

Ben founded Serakai in 2023 following a successful 25 year career investing in the built environment in Asia during which time he served as a fiduciary on behalf of regional and global principals, institutions and joint-venture partners. For over two… Read More>>

Ben founded Serakai in 2023 following a successful 25 year career investing in the built environment in Asia during … Read more>>>

Puah Tze Shyang CapitaLand

CapitaLand Investment Sells $340M Beijing Office Project to AIA After 2022 Auction Buy

Puah Tze Shyang CapitaLand

2024/01/31 by Beatrice Laforga Leave a Comment

Singapore’s CapitaLand Investment (CLI) has sold its majority shareholding in a RMB 2.4 billion ($340 million) Beijing office building to AIA Life Insurance as the life insurer continues to snatch up properties amid mainland China’s real estate downturn.

CLI divested… Read More>>

Singapore’s CapitaLand Investment (CLI) has sold its majority shareholding in a RMB 2.4 billion ($340 million) Beijing … Read more>>>

Francis Law Sau-fai

China Resources Acquires Hong Kong Retail Podium from Francis Law for $40M

Francis Law Sau-fai

2024/01/31 by Kevin He Leave a Comment

A real estate arm of state-owned China Resources Group has acquired a retail podium in Hong Kong’s Kwai Fong area from local investor Francis Law Sau-fai for HK$310 million ($39.7 million), with property owners in the Asian financial centre showing… Read More>>

A real estate arm of state-owned China Resources Group has acquired a retail podium in Hong Kong’s Kwai Fong area from … Read more>>>

CHENG HSING YAO

GuocoLand Six-Month Profit Jumps 12% as Revenue Soars 61%

CHENG HSING YAO

2024/01/31 by Christopher Caillavet Leave a Comment

GuocoLand posted a 12 percent year-on-year rise in profit to S$66.2 million ($49.4 million) for its fiscal first half as revenue shot up 61 percent to more than S$1 billion.

The SGX-listed property arm of Malaysia’s Hong Leong Group recorded… Read More>>

GuocoLand posted a 12 percent year-on-year rise in profit to S$66.2 million ($49.4 million) for its fiscal first half as … Read more>>>

managing director for fund management at GLP SG

GCP Sells 12 Logistics Assets in Brazil to Brookfield, BTG Pactual for $300M

managing director for fund management at GLP SG

2024/01/31 by Christopher Caillavet Leave a Comment

GLP Capital Partners on Wednesday announced the sale of 12 logistics assets in Brazil via two separate transactions totalling $300 million, with a source identifying the buyers as Brookfield Asset Management and BTG Pactual.

The properties span 642,000 square metres… Read More>>

GLP Capital Partners on Wednesday announced the sale of 12 logistics assets in Brazil via two separate transactions … Read more>>>

Orix Corp CEO Makoto Inoue

Orix REIT Buying Tokyo Apartment Trio for $85M, Offloading Office Tower for $60M

Orix Corp CEO Makoto Inoue

2024/01/31 by Poonyapat Luenam Leave a Comment

Orix REIT will buy three Tokyo residential projects for a combined JPY 12.6 billion ($85 million) and sell an office building in the city for JPY 8.8 billion, the TSE-listed trust announced late last week.

The most expensive purchase in… Read More>>

Orix REIT will buy three Tokyo residential projects for a combined JPY 12.6 billion ($85 million) and sell an office … Read more>>>

Shanghai Eases Property Restrictions to Boost Market and More Asia Real Estate Headlines

2024/01/31 by Ponrath Sopannarath Leave a Comment

China’s commercial capital leads today’s collection of real estate headlines with officials in the mainland’s most valuable real estate market rolling back policy restrictions on home sales to boost the market. Also making the list are updates from a pair… Read More>>

China’s commercial capital leads today’s collection of real estate headlines with officials in the mainland’s most … Read more>>>

Ariel Chan Hang Lung

Hang Lung’s Ronnie Chan Retiring, Son Adriel Taking Over Chairman Spot at Hong Kong Builder

Ariel Chan Hang Lung

2024/01/30 by Christopher Caillavet Leave a Comment

The third generation is taking the helm at one of Hong Kong’s oldest and largest property developers, with Hang Lung Properties on Tuesday announcing the appointment of Adriel Chan as chairman to succeed his father, Ronnie Chan, who is retiring.

… Read More>>

The third generation is taking the helm at one of Hong Kong’s oldest and largest property developers, with Hang Lung … Read more>>>

Tan Swee Yiow Keppel

Keppel REIT Posts 2% DPU Drop as Borrowing Costs Rise, Interest Income Slumps

Tan Swee Yiow Keppel

2024/01/30 by Christopher Caillavet Leave a Comment

Singapore-listed Keppel REIT posted a 2 percent drop in distribution per unit for 2023 as borrowing costs jumped 16 percent and interest income plunged 70.9 percent.

Full-year net property income rose 3.7 percent to S$182.4 million ($136.2 million), boosted by… Read More>>

Singapore-listed Keppel REIT posted a 2 percent drop in distribution per unit for 2023 as borrowing costs jumped 16 … Read more>>>

Stuart Crow JLL

China Q4 Deal Volume Leads Region as State-Backed Buyers Drive 50% Spike

Stuart Crow JLL

2024/01/30 by Christopher Caillavet Leave a Comment

China outpaced all Asia Pacific countries in fourth-quarter commercial real estate deals, with asset purchases by state-owned groups propelling a 50 percent year-on-year rise in mainland investment volume to $11.1 billion, according to JLL.

While Asia’s biggest economy led the… Read More>>

China outpaced all Asia Pacific countries in fourth-quarter commercial real estate deals, with asset purchases by … Read more>>>

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