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Daiwa House Logistics Trust chairman Tan Jeh Wuan

Daiwa House Logistics Trust Expands Beyond Japan With Buy of Vietnam Cold Chain Asset

Daiwa House Logistics Trust chairman Tan Jeh Wuan

2024/01/02 by Poonyapat Luenam Leave a Comment

Daiwa House Logistics Trust is expanding beyond its home market of Japan with the SGX-listed REIT having agreed to acquire a newly built warehouse near Ho Chi Minh City from its sponsor for VND 483 billion ($20 million).

The trust… Read More>>

Daiwa House Logistics Trust is expanding beyond its home market of Japan with the SGX-listed REIT having agreed to … Read more>>>

CICC, New China Life Set Up $1.4B Property Fund and More Asia Real Estate Headlines

2024/01/02 by Ponrath Sopannarath Leave a Comment

State-owned New China Life and CICC have set up a $1.4 billion fund to invest in companies with real estate projects, with that story leading Mingtiandi’s roundup of headlines. Also in the news, mainland home sales continue their slide despite… Read More>>

State-owned New China Life and CICC have set up a $1.4 billion fund to invest in companies with real estate projects, … Read more>>>

Jessica Tan Ping An3

Asia Real Estate People in the News 2024-01-01

Jessica Tan Ping An3

2024/01/01 by Michael Cole Leave a Comment

A top management change at Ping An Insurance leads Mingtiandi’s first review of personnel moves around Asia for 2024, with the mainland financial giant naming its now former co-CEO to a non-executive director role. Also making the list is a… Read More>>

A top management change at Ping An Insurance leads Mingtiandi’s first review of personnel moves around Asia for 2024, … Read more>>>

Nguyen Van Thanh Vietnam

Vietnam Tracking Down Van Thinh Phat Assets at Home and Abroad

Nguyen Van Thanh Vietnam

2023/12/31 by Michael Cole Leave a Comment

Having earlier this month charged former Van Thinh Phat boss Truong My Lan and 85 co-defendants with embezzling VND 304 trillion ($12 billion), Vietnamese authorities now say they are tracking the company’s laundering of its ill-gotten cash through real estate… Read More>>

Having earlier this month charged former Van Thinh Phat boss Truong My Lan and 85 co-defendants with embezzling VND 304 … Read more>>>

Gan Kim Yong MITI Singapore

Singapore Rolls Out Biggest Industrial Land Sale Plan in a Decade, Despite Dim Demand

Gan Kim Yong MITI Singapore

2023/12/31 by Beatrice Laforga Leave a Comment

Singapore is set to auction off 29 percent more industrial land in the first half of 2024 in its biggest offering of shed sites in a decade, although experts anticipate tepid bidding amid a slowing market.

In releasing its sale… Read More>>

Singapore is set to auction off 29 percent more industrial land in the first half of 2024 in its biggest offering of … Read more>>>

Taeyoung Selling Stake in KKR JV in Restructuring and More Asia Real Estate Headlines

2023/12/31 by Ponrath Sopannarath Leave a Comment

Distress in Korea’s property market leads Mingtiandi’s first headline roundup of 2024, with the parent of one of the country’s largest construction firms filing a debt workout plan. Also in the news, the Guangzhou city government is getting… Read More>>

Distress in Korea’s property market leads Mingtiandi’s first headline roundup of 2024, with the parent of one of the … Read more>>>

OCT Chairman Zhang Dafan

Overseas Chinese Town Sells Shanghai Bulgari Hotel for $344M

OCT Chairman Zhang Dafan

2023/12/28 by Kevin He Leave a Comment

State-owned mainland developer Overseas Chinese Town (OCT) has agreed to sell the Bulgari Hotel in Shanghai, as the indebted builder offloads an unprofitable project amidst plummeting revenues and a slow recovery in China’s tourism market.

Building materials maker Jiangsu Jinfeng… Read More>>

State-owned mainland developer Overseas Chinese Town (OCT) has agreed to sell the Bulgari Hotel in Shanghai, as the … Read more>>>

Suchad Chiaranussati, SC Capital Partners

Japan Hotel REIT Buys 170-Room Yokohama Asset for $28M as Demand Recovers

Suchad Chiaranussati, SC Capital Partners

2023/12/28 by Christopher Caillavet Leave a Comment

Japan Hotel REIT has completed its acquisition of a 170-room property in central Yokohama for JPY 4 billion ($28 million), the trust’s manager announced late last week.

Hotel JAL City Kannai Yokohama is a limited-service hotel aimed at business and… Read More>>

Japan Hotel REIT has completed its acquisition of a 170-room property in central Yokohama for JPY 4 billion ($28 … Read more>>>

James Yukio Abe of JLL

Kasumigaseki Capital Sells Kyoto Hotel as Tourism Boosts Hospitality Deals

James Yukio Abe of JLL

2023/12/28 by Christopher Caillavet Leave a Comment

Healthy tourism in Japan continues to fuel a hotel investment boom in Kyoto, with a 75-room property the latest hospitality asset to change hands in the country’s ancient capital.

Tokyo-based real estate investor Kasumigaseki Capital sold the SH by the… Read More>>

Healthy tourism in Japan continues to fuel a hotel investment boom in Kyoto, with a 75-room property the latest … Read more>>>

China's housing sector continue to slide in 2024

Goldman, MS Expect China Housing Misery to Persist and More Asia Real Estate Headlines

China's housing sector continue to slide in 2024

2023/12/28 by Ponrath Sopannarath Leave a Comment

Two of the world’s biggest investment banks expect commitments to China’s housing sector to continue to slide in 2024, with that story leading Mingtiandi’s final roundup of real estate headlines for the year. Also in the news, mainland developer KWG… Read More>>

Two of the world’s biggest investment banks expect commitments to China’s housing sector to continue to slide in 2024, … Read more>>>

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