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Du Shuanghua

Mainland Investor Du Shuanghua Backs Out of Singapore’s Biggest Property Deal of 2023 

Du Shuanghua

2024/04/14 by Beatrice Laforga Leave a Comment

Chinese-backed investor Bright Ruby Resources has walked away from the largest property deal signed in Singapore during 2023, cancelling its planned S$908 million ($668 million) purchase of a shopping mall on Orchard Road after failing to win government approval to… Read More>>

Chinese-backed investor Bright Ruby Resources has walked away from the largest property deal signed in Singapore during … Read more>>>

ESR-Logos REIT chief executive Adrian Chui

ESR-Logos REIT Selling Melbourne Shed to Australia’s Fife Capital for $43M

ESR-Logos REIT chief executive Adrian Chui

2024/04/13 by Beatrice Laforga Leave a Comment

ESR-Logos REIT is selling a logistics facility outside Melbourne, Australia to alternative asset manager Fife Capital for A$65.5 million ($42.75 million), as the Singapore-listed trust continues to sell down peripheral assets.

The trust’s manager on Wednesday announced that it has… Read More>>

ESR-Logos REIT is selling a logistics facility outside Melbourne, Australia to alternative asset manager Fife Capital … Read more>>>

Hiew Yoon Khong of Mapletree

Mapletree Buys $1.3B European Student Housing Portfolio From Cuscaden Peak

Hiew Yoon Khong of Mapletree

2024/04/12 by Michael Cole Leave a Comment

Singapore’s Mapletree Investments continues to expand its global portfolio of student housing with the unit of Temasek Holdings announcing on Friday that it has acquired 31 purpose-built student accommodation (PBSA) assets in Europe from its compatriots at Cuscaden Peak Investments.

… Read More>>

Singapore’s Mapletree Investments continues to expand its global portfolio of student housing with the unit of Temasek … Read more>>>

Tony Lombardo, global CEO of Lendlease

Lendlease Gets Fresh Backing to Avoid Restructuring and More Asia Real Estate Headlines

Tony Lombardo, global CEO of Lendlease

2024/04/12 by Ponrath Sopannarath Leave a Comment

Australia’s Lendlease leads Mingtiandi’s look at real estate headlines from around the region today as the developer gets some fresh investment amid challenges to its management plans. Also in the news, regional data centre platform NextDC plans to raise cash… Read More>>

Australia’s Lendlease leads Mingtiandi’s look at real estate headlines from around the region today as the developer … Read more>>>

Truong My Lan

Boss of Vietnam’s Van Thinh Phat Condemned to Death for $27B Embezzlement Scheme

Truong My Lan

2024/04/11 by Michael Cole Leave a Comment

The boss of a Vietnam property investment firm was found to have cheated 42,000 investors and sentenced to death in Ho Chi Minh City on Thursday with the government saying her actions led to over VND 677 trillion ($27 billion)… Read More>>

The boss of a Vietnam property investment firm was found to have cheated 42,000 investors and sentenced to death in Ho … Read more>>>

Swire Properties chairman Guy Bradley

Swire to Transform Beijing Hotel into Mall as China Retail Business Soars

Swire Properties chairman Guy Bradley

2024/04/11 by Kevin He Leave a Comment

Nearly 16 years after opening Opposite House in Beijing as its first hotel project, Swire Properties plans to replace Opposite House in Beijing with an “innovative retail landmark”, as the Hong Kong-based developer continues to reap strong profits from its… Read More>>

Nearly 16 years after opening Opposite House in Beijing as its first hotel project, Swire Properties plans to replace … Read more>>>

Hines managing director and country head for India Amit Diwan

Hines to Develop $180M Gurugram Office Project With Indian Partner Pioneer Urban

Hines managing director and country head for India Amit Diwan

2024/04/11 by Christopher Caillavet Leave a Comment

Hines has partnered with India’s Pioneer Urban to develop a Gurugram office property at a total project cost of INR 15 billion ($180 million), marking the latest addition to the US builder and fund manager’s portfolio in the northern commercial… Read More>>

Hines has partnered with India’s Pioneer Urban to develop a Gurugram office property at a total project cost of INR 15 … Read more>>>

Seletar Mall Singapore

Singapore Investment Volume Could Top S$25B in 2024: Cushman & Wakefield

Seletar Mall Singapore

2024/04/11 by Christopher Caillavet Leave a Comment

Total investment sales in Singapore’s real estate market could surpass S$25 billion ($18.5 billion) this year, up from S$19.2 billion in 2023, amid brighter economic prospects and growing confidence that interest rates have peaked, according to Cushman & Wakefield.

Investment… Read More>>

Total investment sales in Singapore’s real estate market could surpass S$25 billion ($18.5 billion) this year, up from … Read more>>>

Tokyo Office Vacancy Hits Three-Year Low and More Asia Real Estate Headlines

2024/04/11 by Ponrath Sopannarath Leave a Comment

Japan’s thriving office market leads Mingtiandi’s headline roundup today as vacancy in top buildings falls to under 5.5 percent. Also in the news, China’s Wanda agrees to sell its UK yacht unit and S&P slashes Vanke’s credit rating to junk.

… Read More>>

Japan’s thriving office market leads Mingtiandi’s headline roundup today as vacancy in top buildings falls to under 5.5 … Read more>>>

Raymond Lawler_Hines Asia-Pacific CEO

Hines Buys Central Tokyo Office Building From Mitsubishi Estate-SMFL JV

Raymond Lawler_Hines Asia-Pacific CEO

2024/04/10 by Poonyapat Luenam Leave a Comment

Hines has acquired an office building near central Tokyo’s bustling Shinjuku commercial hub as the US developer continues to expand in Japan.

“Proud to announce our Hines Japan team has acquired the newly-built, 14-story Zenith Minami Shinjuku office building in… Read More>>

Hines has acquired an office building near central Tokyo’s bustling Shinjuku commercial hub as the US developer … Read more>>>

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