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Wee Cho Yaw UOB

UOL Chairman Wee Cho Yaw Dies at 95

Wee Cho Yaw UOB

2024/02/03 by Michael Cole Leave a Comment

UOL Group announced on Saturday that its chairman, Wee Cho Yaw, passed away at the age of 95. Wee, who also served as chairman emeritus of Singapore financial giant UOB, had run UOL since 1973 and helmed the bank controlled… Read More>>

UOL Group announced on Saturday that its chairman, Wee Cho Yaw, passed away at the age of 95. Wee, who also served as … Read more>>>

Peter Wittendorp is now APAC real estate head at HSBC AM (Image: SilkRoad)

HSBC AM Completes SilkRoad Buyout, Peter Wittendorp to Head Asia Real Estate

Peter Wittendorp is now APAC real estate head at HSBC AM (Image: SilkRoad)

2024/02/03 by Beatrice Laforga Leave a Comment

HSBC Asset Management (HSBC AM) has completed its acquisition of SilkRoad Property Partners and appointed Peter Wittendorp, founder and former chief executive officer of the Singapore-based private equity firm, to lead its real estate business in Asia Pacific.

The transaction… Read More>>

HSBC Asset Management (HSBC AM) has completed its acquisition of SilkRoad Property Partners and appointed Peter … Read more>>>

Keppel's CEO and Executive Director, Loh Chin Hua

Keppel Earnings Jump on Sale of Offshore Unit and More Asia Real Estate Headlines

Keppel's CEO and Executive Director, Loh Chin Hua

2024/02/03 by Ponrath Sopannarath Leave a Comment

Singapore’s Keppel reported record earnings for 2023, thanks to the one-off sale of a major subsidiary, with that story leading today’s headline roundup. Also in the news, a pair of SGX-listed REITs report lower payouts and Beijing is providing more… Read More>>

Singapore’s Keppel reported record earnings for 2023, thanks to the one-off sale of a major subsidiary, with that story … Read more>>>

Sachin Doshi, Weave Living

Weave-BlackRock JV Buying Singapore Citadines From CapitaLand Ascott Trust for $111M

Sachin Doshi, Weave Living

2024/02/02 by Michael Cole Leave a Comment

Weave Living continues to expand its network of investors and its portfolio of properties, with the rental residential investor and operator announcing on Friday that it has formed a joint venture with a BlackRock fund to purchase a Singapore serviced… Read More>>

Weave Living continues to expand its network of investors and its portfolio of properties, with the rental residential … Read more>>>

Nomura Real Estate president Satoshi Arai

Nomura Real Estate Posts 5.6% Rise in Nine-Month Profit on Strong Operating Revenue

Nomura Real Estate president Satoshi Arai

2024/02/02 by Christopher Caillavet Leave a Comment

Nomura Real Estate Holdings posted a 5.6 percent year-on-year profit rise to JPY 43.2 billion ($290 million) for the nine months to December as the Japanese developer’s operating revenue jumped 22.7 percent to JPY 518.3 billion.

During the period, which… Read More>>

Nomura Real Estate Holdings posted a 5.6 percent year-on-year profit rise to JPY 43.2 billion ($290 million) for the … Read more>>>

john ho landsea 780

China’s Landsea Buying Texas Homebuilder Antares for $185M

john ho landsea 780

2024/02/02 by Christopher Caillavet Leave a Comment

A US residential developer controlled by China’s Landsea Group has agreed to buy a Texas homebuilder for a cash consideration of $185 million plus assumption of responsibility for $47.2 million in debt.

Landsea Homes is acquiring privately owned Antares Homes… Read More>>

A US residential developer controlled by China’s Landsea Group has agreed to buy a Texas homebuilder for a cash … Read more>>>

Nikhil Reddy goldman

Goldman Sachs Fund Buying Tokyo Office Floors From Mitsui Fudosan REIT for $281M

Nikhil Reddy goldman

2024/02/02 by Mingtiandi Team Leave a Comment

A fund managed by Goldman Sachs is buying a set of floors in a Tokyo office tower for JPY 41.2 billion ($281 million) as the US investment bank’s asset management division continues to ramp up its real estate business in… Read More>>

A fund managed by Goldman Sachs is buying a set of floors in a Tokyo office tower for JPY 41.2 billion ($281 million) as … Read more>>>

David Luboff, head of Asia Pacific infrastructure at KKR

KKR Closes on $6.4B Asia Infrastructure Fund

David Luboff, head of Asia Pacific infrastructure at KKR

2024/02/01 by Christopher Caillavet Leave a Comment

KKR on Wednesday announced the $6.4 billion final close of its second Asia-dedicated infrastructure fund, with the US buyout giant having already deployed more than half of the vehicle’s committed capital across 10 investments.

The fund, dubbed KKR Asia Pacific… Read More>>

KKR on Wednesday announced the $6.4 billion final close of its second Asia-dedicated infrastructure fund, with the US … Read more>>>

UOL Group chairman Wee Cho Yaw

UOL Places $319M Top Bid for Luxury Residential Site Near Singapore’s Orchard Road

UOL Group chairman Wee Cho Yaw

2024/02/01 by Beatrice Laforga Leave a Comment

A UOL Group joint venture has submitted the S$428.3 million ($319.3 million) top bid for a residential site in Singapore’s Orchard area, with the price per square foot of the future luxury project falling nearly a third short of the… Read More>>

A UOL Group joint venture has submitted the S$428.3 million ($319.3 million) top bid for a residential site in … Read more>>>

Lai Wing-To Hong Kong

Hong Kong Investor Selling Down $1.9B Property Portfolio as Commercial Slump Drags On

Lai Wing-To Hong Kong

2024/02/01 by Kevin He Leave a Comment

A Hong Kong investor who once estimated his direct property holdings at HK$15 billion (US$1.9 billion) has put his HK$460 million oceanfront mansion on the block and is marketing a pair of commercial assets in Causeway Bay and Central together… Read More>>

A Hong Kong investor who once estimated his direct property holdings at HK$15 billion (US$1.9 billion) has put his … Read more>>>

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MTD TV

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