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Keppel REIT Said Choosing Buyer for Seoul Tower and More Asia Real Estate Headlines

2024/04/17 by Ponrath Sopannarath Leave a Comment

Keppel REIT leads Mingtiandi’s headline roundup today with the SGX-listed trust said choosing a preferred buyer for a Seoul office property. Also making the list, China home prices slid for a 10th straight month, despite policy support and PGIM is… Read More>>

Keppel REIT leads Mingtiandi’s headline roundup today with the SGX-listed trust said choosing a preferred buyer for a … Read more>>>

su baolin Singapore

OCBC Marketing Sentosa Site to Recover Losses From $2.2B Money Laundering Case

su baolin Singapore

2024/04/16 by Beatrice Laforga Leave a Comment

Oversea-Chinese Banking Corp (OCBC) is putting up for sale a residential plot on Singapore’s Sentosa island, after repossessing the property from a suspect arrested in the city-state’s S$3 billion ($2.2 billion) money-laundering case.

OCBC has appointed Edmund Tie to manage… Read More>>

Oversea-Chinese Banking Corp (OCBC) is putting up for sale a residential plot on Singapore’s Sentosa island, after … Read more>>>

Keppel DC REIT CEO Hwee Long Loh

Keppel DC REIT Selling Aussie Data Centres to Sovereign-Minded Macquarie for $112M

Keppel DC REIT CEO Hwee Long Loh

2024/04/16 by Michael Cole Leave a Comment

Data centres can be seen as the most complex asset class in the real estate market, with an announcement on Tuesday by the manager of Keppel DC REIT that it is selling a pair of Sydney data centre buildings and… Read More>>

Data centres can be seen as the most complex asset class in the real estate market, with an announcement on Tuesday by … Read more>>>

Sherman Kwek of CDL

Singapore’s URA Awards Pair of Projects, Launches Two More, Despite Low Bids, Slow Sales

Sherman Kwek of CDL

2024/04/16 by Michael Cole Leave a Comment

Singapore’s Urban Redevelopment Authority made a pair of announcements on Tuesday set to further expand home supply in the city-state, despite its own figures showing sales of private housing falling 6 percent in the first quarter, compared to the same… Read More>>

Singapore's Urban Redevelopment Authority made a pair of announcements on Tuesday set to further expand home supply in … Read more>>>

China Housing (Getty Images)

Goldman Says China Property Sector Needs $2.1T in Aid and More Asia Real Estate Headlines 

China Housing (Getty Images)

2024/04/16 by Michael Cole Leave a Comment

More gloom for China’s property market leads Mingtiandi’s roundup of real estate news from around the region again today as a top US investment bank estimates the sector may need $2.1 trillion in government support. Also in the headlines, HSBC’s… Read More>>

More gloom for China’s property market leads Mingtiandi's roundup of real estate news from around the region again today … Read more>>>

Seung Youn Kim, Chairman

Korea Deal Streak Continues as Hanwha Sells Gangnam Office Building for $242M

Seung Youn Kim, Chairman

2024/04/15 by Michael Cole Leave a Comment

Korea’s Hanwha Asset Management has sold an office tower in Seoul’s Gangnam business district for $242 million as the Korean capital continues to rank among Asia’s regional hotspots for commercial property transactions.

The Seoul-based investment manager agreed last month to… Read More>>

Korea’s Hanwha Asset Management has sold an office tower in Seoul’s Gangnam business district for $242 million as the … Read more>>>

John Pattar of KKR

KKR Sells Coupang Warehouse Near Seoul to Korea’s IGIS for Over $366M

John Pattar of KKR

2024/04/15 by Poonyapat Luenam Leave a Comment

KKR has sold a recently completed Seoul-area warehouse leased to Korea’s largest e-commerce player for a reported KRW 500 billion ($366.4 million), as online shopping continues to gain traction in the northern Asian country.

The US private equity giant sold… Read More>>

KKR has sold a recently completed Seoul-area warehouse leased to Korea’s largest e-commerce player for a reported KRW … Read more>>>

GuocoLand-Hong Leong Lentor JV Leads Singapore Home Sales Rebound in March

2024/04/15 by Beatrice Laforga Leave a Comment

New private home sales in Singapore climbed 46 percent year-on-year to 718 units in March, snapping two months of decline as a new project by GuocoLand and Hong Leong Holdings accounted for nearly 57 percent of the monthly total.

Lentor… Read More>>

New private home sales in Singapore climbed 46 percent year-on-year to 718 units in March, snapping two months of … Read more>>>

Temasek Expands European Presence with Paris Office and More Asia Real Estate Headlines

2024/04/15 by Ponrath Sopannarath Leave a Comment

Singapore’s growing interest in continental Europe leads today’s real estate headlines from around Asia as Temasek Holdings opens in Paris. Also in the news, the Lion City’s Elite Commercial REIT is rebranding and expanding its investment focus and India’s K… Read More>>

Singapore’s growing interest in continental Europe leads today’s real estate headlines from around Asia as Temasek … Read more>>>

Choi Jae-joon goldman

Asia Real Estate People in the News 2024-04-15

Choi Jae-joon goldman

2024/04/15 by Michael Cole Leave a Comment

New leadership for a top investment bank’s Korea business leads this week’s collection of real estate headlines from around Asia Pacific, with DWS also making the list with an Aussie upgrade. Back in the US, Lone Star names a new… Read More>>

New leadership for a top investment bank’s Korea business leads this week’s collection of real estate headlines from … Read more>>>

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