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WeWork Plans Bankruptcy Filing Next Week and More Asia Real Estate Headlines

2023/11/01 by Ponrath Sopannarath Leave a Comment

The ongoing financial struggles of shared office provider WeWork lead today’s collection of real estate headlines from around the region, with the company said to be planning a formal bankruptcy filing as early as next week. Also in the news,… Read More>>

The ongoing financial struggles of shared office provider WeWork lead today’s collection of real estate headlines from … Read more>>>

Han Khim Siew, CEO of OUE C-REIT

OUE Commercial REIT Sees 30% Surge in Net Property Income in Q3

Han Khim Siew, CEO of OUE C-REIT

2023/10/31 by Poonyapat Luenam Leave a Comment

OUE Commercial REIT recorded net property income of S$62.7 million ($45 million) in the third quarter, up 29.8 percent from the same period a year earlier, thanks to improved performance by its hospitality assets driven by a recovery in Singapore… Read More>>

OUE Commercial REIT recorded net property income of S$62.7 million ($45 million) in the third quarter, up 29.8 percent … Read more>>>

APAC Hotel Investment to Dip 14% in 2023 Despite Travel Rebound

2023/10/31 by Beatrice Laforga Leave a Comment

Rising interest rates and prolonged economic uncertainty have dimmed investor enthusiasm for hospitality assets in Asia Pacific with investment in the sector projected to drop by 14 percent to $10.1 billion this year, according to a recent report by JLL.

… Read More>>

Rising interest rates and prolonged economic uncertainty have dimmed investor enthusiasm for hospitality assets in Asia … Read more>>>

KKR Targeting $2.5B for New Real Estate Fund and More Asia Real Estate Headlines

2023/10/31 by Ponrath Sopannarath Leave a Comment

KKR leads today’s collection of real estate headlines from around Asia Pacific with the US private equity giant launching its second Asia real estate fund with a $2.5 billion target. Also making the list is an India student housing exit… Read More>>

KKR leads today’s collection of real estate headlines from around Asia Pacific with the US private equity giant … Read more>>>

harry Song POBA

Korea’s POBA Commits $100M to US Real Estate Credit Fund 3560 REIT

harry Song POBA

2023/10/30 by Michael Cole Leave a Comment

US commercial real estate lender and loan servicing firm 3650 REIT said late last week that it has received a $100 million commitment from Korea’s Public Officials Benefit Association for a US real estate credit fund focused on bridge and… Read More>>

US commercial real estate lender and loan servicing firm 3650 REIT said late last week that it has received a $100 … Read more>>>

CB Velayuthan

Asia Real Estate People in the News 2023-10-30

CB Velayuthan

2023/10/30 by Michael Cole Leave a Comment

India data centres lead this Halloween edition of People in the News, with a Brookfield – Digital Realty joint venture naming a new chief executive. Also making the list, Bain Capital has lured over a former Goldman exec to lead… Read More>>

India data centres lead this Halloween edition of People in the News, with a Brookfield – Digital Realty joint venture … Read more>>>

Fan Li - Warburg Pincus (600px)

Spotlight on Southeast Asia Logistics at Mingtiandi Singapore Forum

Fan Li - Warburg Pincus (600px)

2023/10/30 by Michael Cole Leave a Comment

Following the pandemic Southeast Asia has seen a boom in manufacturing as investors diversify supply chains with industrial developers in Vietnam and Indonesia having been some of the leading beneficiaries of this market shift.

During the third quarter foreign direct… Read More>>

Following the pandemic Southeast Asia has seen a boom in manufacturing as investors diversify supply chains with … Read more>>>

WeWork and its creditors are in discussions over who will take over control of the company as it enters restructuring

WeWork Creditors Battle for Post-Restructuring Control and More Asia Real Estate Headlines

WeWork and its creditors are in discussions over who will take over control of the company as it enters restructuring

2023/10/30 by Ponrath Sopannarath Leave a Comment

Creditors of defaulting shared office provider WeWork are now fighting over control of the company as it enters restructuring, with that story leading Mingtiandi’s headline roundup today. Also making the cut is a “final adjournment” of China Evergrande’s liquidation hearing… Read More>>

Creditors of defaulting shared office provider WeWork are now fighting over control of the company as it enters … Read more>>>

Andy Lim of JL Family Office

Singapore’s JL Family Office Buying Melbourne Shed for First Aussie Acquisition

Andy Lim of JL Family Office

2023/10/29 by Michael Cole Leave a Comment

The Land Managers is making its first direct purchase in Australia after the real estate investment division of Singapore’s JL Family Office teaming up with unidentified co-investors to acquire a Melbourne logistics facility for A$26.5 million ($16.8 million), the company… Read More>>

The Land Managers is making its first direct purchase in Australia after the real estate investment division of … Read more>>>

URA Chairman Peter Ho Hak Ean

Singapore Developer Sales Slump 8.5% in Q3 as Housing Market Cools

URA Chairman Peter Ho Hak Ean

2023/10/28 by Beatrice Laforga Leave a Comment

Singapore’s housing market continues to show signs of cooling with average prices for new private homes rising by just 0.8 percent in the third quarter from the preceding three months after sliding 0.2 percent in the second quarter, according to… Read More>>

Singapore’s housing market continues to show signs of cooling with average prices for new private homes rising by just … Read more>>>

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