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China Home Price Slide Accelerated in January and More Asia Real Estate Headlines

2024/02/26 by Ponrath Sopannarath Leave a Comment

Average new home prices in China fell 1.24 percent in January from a year earlier as the country’s housing crisis continues to rage, with that story leading Mingtiandi’s headline roundup today. Regional private equity player PAG also makes the list… Read More>>

Average new home prices in China fell 1.24 percent in January from a year earlier as the country’s housing crisis … Read more>>>

Cusson Leung Kai-tong, general manager of China Resources Longdation's asset management division

China Resources Buys Hong Kong Shopping Centre From Lai Sun, Empire for $68M

Cusson Leung Kai-tong, general manager of China Resources Longdation's asset management division

2024/02/25 by Kevin He Leave a Comment

State-run conglomerate China Resources continues to be one of the biggest buyers of Greater China real estate during the current downturn with a property unit of the Shenzhen giant having picked up a commercial asset in the New Territories in… Read More>>

State-run conglomerate China Resources continues to be one of the biggest buyers of Greater China real estate during the … Read more>>>

David Teo’s Apricot Capital Closes on Bukit Timah Buy, Readies Co-Living Conversion

2024/02/25 by Beatrice Laforga Leave a Comment

The family of Singapore instant coffee king David Teo has completed their S$105-million ($78.1 million) purchase of a mixed-use property in the city’s upscale Bukit Timah area and is preparing to transform the asset into a combined co-living and retail… Read More>>

The family of Singapore instant coffee king David Teo has completed their S$105-million ($78.1 million) purchase of a … Read more>>>

Jack Ma (Getty Images)

Jack Ma’s Wife Buys Shophouses in Singapore’s Tanjong Pagar at Up to $37M

Jack Ma (Getty Images)

2024/02/23 by Beatrice Laforga Leave a Comment

Despite stamp duties and investigations, wealthy mainland investors are still banking on Singapore properties, with the wife of the country’s best known tech tycoon having purchased a row of shophouses in the Tanjong Pagar area last month for a reported… Read More>>

Despite stamp duties and investigations, wealthy mainland investors are still banking on Singapore properties, with the … Read more>>>

CDPQ president and chief executive officer Charles Emond

CDPQ Set to Slash Jobs at Ivanhoe Cambridge, Otera After 6.2% Loss in 2023

CDPQ president and chief executive officer Charles Emond

2024/02/23 by Kevin He Leave a Comment

Quebec public pension manager Caisse de Dépôt et Placement du Québec (CDPQ) is preparing to reduce headcount at its real estate divisions after the fund manager recorded a 6.2 percent loss on its property investments in 2023 — the only… Read More>>

Quebec public pension manager Caisse de Dépôt et Placement du Québec (CDPQ) is preparing to reduce headcount at its real … Read more>>>

Shopee Parent Struggles to Scale Back in Singapore and More Asia Real Estate Headlines

2024/02/23 by Ponrath Sopannarath Leave a Comment

Shopee parent Sea Ltd appears to be giving up its struggle to find a replacement tenant to take over its 10-year lease in a CapitaLand business park as it scales back its office space, with that story leading Mingtiandi’s headline… Read More>>

Shopee parent Sea Ltd appears to be giving up its struggle to find a replacement tenant to take over its 10-year lease … Read more>>>

Li Ka-shing CK Asset

CK Asset’s Li Ka-shing Keeps Crown as Hong Kong’s Richest Amid Bear Market

Li Ka-shing CK Asset

2024/02/22 by Christopher Caillavet Leave a Comment

Beaten-down shares took a toll on the wealth of Hong Kong’s real estate tycoons in 2023, with Li Ka-shing successfully defending his title of richest Hongkonger despite his fortune shrinking 7.2 percent to $36.2 billion.

CK Asset boss Li and… Read More>>

Beaten-down shares took a toll on the wealth of Hong Kong’s real estate tycoons in 2023, with Li Ka-shing successfully … Read more>>>

Dan McLennan

Macquarie-Backed Local Residential Hits Final Close of $428M Maiden Fund

Dan McLennan

2024/02/22 by Christopher Caillavet Leave a Comment

Local Residential, the Australian build-to-rent platform backed by Macquarie Asset Management, has reached a final closing of its inaugural fund with investments in two Melbourne projects with an end value of A$650 million ($427.9 million).

The fully deployed fund, dubbed… Read More>>

Local Residential, the Australian build-to-rent platform backed by Macquarie Asset Management, has reached a final … Read more>>>

Keiichi Yoshii daiwa house president and ceo

Daiwa House Selling Chiba Warehouse to J-REIT for $200M

Keiichi Yoshii daiwa house president and ceo

2024/02/22 by Poonyapat Luenam Leave a Comment

Daiwa House Industry is selling a logistics facility in Greater Tokyo to a TSE-listed REIT sponsored by the Japanese home builder for JPY 30 billion ($200 million).

Daiwa House REIT Investment Corporation is acquiring DPL Urayasu III in Chiba prefecture,… Read More>>

Daiwa House Industry is selling a logistics facility in Greater Tokyo to a TSE-listed REIT sponsored by the Japanese … Read more>>>

Liam Wee Sin, Group Chief Executive of UOL

UOL Awarded Singapore Orchard Boulevard Site and More Asia Real Estate Headlines

Liam Wee Sin, Group Chief Executive of UOL

2024/02/22 by Ponrath Sopannarath Leave a Comment

A luxury residential tender in Singapore leads today’s roundup of headlines from around the region, with UOL Group winning a site on Orchard Boulevard for $319 million. Also in the news, Brookfield is said to be taking some cash out… Read More>>

A luxury residential tender in Singapore leads today’s roundup of headlines from around the region, with UOL Group … Read more>>>

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