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Casino Mooted for Country Garden Malaysia Project and More Asia Real Estate Headlines

2024/04/25 by Ponrath Sopannarath Leave a Comment

Malaysia’s prime minister is hoping to persuade some patriotic tycoons to open a casino in Johor to revive an ill-fated Country Garden project, with that story leading Mingtiandi’s headline roundup today. India’s Embassy Group also makes the list as it… Read More>>

Malaysia’s prime minister is hoping to persuade some patriotic tycoons to open a casino in Johor to revive an ill-fated … Read more>>>

Lui Chong Chee

CapitaLand Ascott Trust Q1 Gross Profit Up 15% on More Demand, Bigger Portfolio

Lui Chong Chee

2024/04/24 by Christopher Caillavet Leave a Comment

CapitaLand Ascott Trust achieved a 15 percent increase in gross profit during the first quarter of this year, compared with the same period in 2023, with the trust’s managers citing sustained lodging demand and expansion of its portfolio as boosting… Read More>>

CapitaLand Ascott Trust achieved a 15 percent increase in gross profit during the first quarter of this year, compared … Read more>>>

Sharon Lim of Mapletree

Mapletree Pan Asia Commercial Trust DPU Falls 7.3%, Income Jumps Post-Merger

Sharon Lim of Mapletree

2024/04/24 by Christopher Caillavet Leave a Comment

Mapletree Pan Asia Commercial Trust said its distribution per unit fell 7.3 percent in the fiscal year to the end of March, squeezed by higher interest rates, but net property income jumped 15.2 percent on the post-merger expansion of the… Read More>>

Mapletree Pan Asia Commercial Trust said its distribution per unit fell 7.3 percent in the fiscal year to the end of … Read more>>>

Global Real Estate Capital Raising Fell 51% in 2023, Lowest Since 2016: ANREV

2024/04/24 by Kevin He Leave a Comment

Global investment managers raised some $129 billion of new capital for non-listed real estate in 2023, representing a 51 percent decline from the previous year and the lowest level since 2016, according to the results of a survey published on… Read More>>

Global investment managers raised some $129 billion of new capital for non-listed real estate in 2023, representing a 51 … Read more>>>

CapitaLand China Trust Posts 7.7% Income Drop in Q1 and More Asia Real Estate Headlines

2024/04/24 by Ponrath Sopannarath Leave a Comment

China’s ongoing property woes are hurting returns for a CapitaLand-sponsored REIT, with that story leading Mingtiandi’s real estate headlines today. Country Garden also makes news with the troubled developer avoiding its first onshore bond default and a metals magnate’s daughter… Read More>>

China’s ongoing property woes are hurting returns for a CapitaLand-sponsored REIT, with that story leading Mingtiandi’s … Read more>>>

Mitsui Fudosan JV Approved for $5.8B Stadium-Led Project on Tokyo Fish Market Site

2024/04/23 by Poonyapat Luenam Leave a Comment

A joint venture led by Japan’s largest developer, Mitsui Fudosan, has won approval to develop a central Tokyo mega-project anchored by a 57,000-seat stadium, with the project on the former site of the Tsukiji market expected to cost around JPY… Read More>>

A joint venture led by Japan’s largest developer, Mitsui Fudosan, has won approval to develop a central Tokyo … Read more>>>

ChingChiatKwong oxley holding

Singapore’s LHN Inks Second Co-Living JV This Month with Oxley Boss Ching Chiat Kwong

ChingChiatKwong oxley holding

2024/04/23 by Beatrice Laforga Leave a Comment

LHN Group has signed its second deal this month with the family behind listed builder Oxley Holdings, with the partners now working on two rental residential projects in Singapore’s District 6.

The developer announced to the SGX on Monday that… Read More>>

LHN Group has signed its second deal this month with the family behind listed builder Oxley Holdings, with the partners … Read more>>>

StorHub Group CEO Raju Ruparelia

Warburg-Backed StorHub Names Raju Ruparelia CEO in Growth Drive

StorHub Group CEO Raju Ruparelia

2024/04/23 by Christopher Caillavet Leave a Comment

Just over one month after expanding into its seventh major market, StorHub Group on Tuesday announced the hiring of Raju Ruparelia as CEO, succeeding Mike Hagbeck at the helm of the Asia Pacific self-storage operator.

Hagbeck, co-founder and CEO for… Read More>>

Just over one month after expanding into its seventh major market, StorHub Group on Tuesday announced the hiring of Raju … Read more>>>

elizabeth di cioccio Gaw

Gaw Adds Senior Hires to Grow in Korea and EMEA, Ramp Up Infrastructure Strategy

elizabeth di cioccio Gaw

2024/04/23 by Kevin He Leave a Comment

Gaw Capital Partners is expanding its operations in South Korea at the same time that it grows its fund raising capabilities in the Middle East, as the Hong Kong private equity shop announced a pair of senior hires on Tuesday.

… Read More>>

Gaw Capital Partners is expanding its operations in South Korea at the same time that it grows its fund raising … Read more>>>

Wee Lih Koh

Keppel REIT Q1 Net Property Income Jumps 7.2% on Singapore Office Strength

Wee Lih Koh

2024/04/23 by Christopher Caillavet Leave a Comment

SGX-listed Keppel REIT reported first-quarter net property income of S$48.2 million ($35.4 million), up 7.2 percent from a year earlier, underpinned by higher Singapore rentals and the contribution from a completed office project in Sydney.

The NPI increase was supported… Read More>>

SGX-listed Keppel REIT reported first-quarter net property income of S$48.2 million ($35.4 million), up 7.2 percent from … Read more>>>

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