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evergrande

Evergrande Wealth Management Staff Arrested and More Asia Real Estate Headlines

evergrande

2023/09/18 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Shenzhen cops detain staff at China Evergrande’s wealth management unit, and CDL’s First Sponsor Group acquires a Netherlands office tower. Also making the list are shadow bank Zhongrong’s state-directed bailout and Country Garden’s… Read More>>

In today’s roundup of regional news headlines, Shenzhen cops detain staff at China Evergrande’s wealth management unit, … Read more>>>

Ronshine chairman and CEO Ou Zonghong

Asia Real Estate People in the News 2023-09-18

Ronshine chairman and CEO Ou Zonghong

2023/09/16 by Michael Cole Leave a Comment

Director resignations at a pair of mainland China real estate companies lead this week’s list of personnel moves from around the region, as developers continue to reel from that country’s property crisis. Also in the news is Barings naming new… Read More>>

Director resignations at a pair of mainland China real estate companies lead this week’s list of personnel moves from … Read more>>>

Smile Hotel Okinawa Naha

Mitsui-Backed REIT Buys Three Japan Hotels From First Brothers for $21M

Smile Hotel Okinawa Naha

2023/09/16 by Christopher Caillavet Leave a Comment

A Tokyo-listed REIT sponsored by property giant Mitsui Fudosan has acquired a portfolio of three hotels in Japan for JPY 3.1 billion ($21.2 million).

Nippon Accommodations Fund said in a filing that the properties are Smile-branded hotels in the cities… Read More>>

A Tokyo-listed REIT sponsored by property giant Mitsui Fudosan has acquired a portfolio of three hotels in Japan for JPY … Read more>>>

Colt DCS Niclas Sanfridsson

Colt Data Centres Enters India With 120MW Navi Mumbai Project

Colt DCS Niclas Sanfridsson

2023/09/16 by Christopher Caillavet Leave a Comment

Colt Data Centre Services on Thursday announced the launch of a 120-megawatt facility in Navi Mumbai as the British company’s first project in India.

Occupying 15 acres (6.1 hectares) of land, the data centre will be built to Tier 3… Read More>>

Colt Data Centre Services on Thursday announced the launch of a 120-megawatt facility in Navi Mumbai as the British … Read more>>>

China Housing (Getty Images)

China Home Price Slide Accelerates and More Asia Real Estate Headlines

China Housing (Getty Images)

2023/09/16 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, official stats reveal China’s deepening home price skid, and developer Sino-Ocean suspends debt payments for lack of ready cash. Also making waves are ESR’s new logistics park in India and Fantasia’s restructuring deal.

… Read More>>

In today’s roundup of regional news headlines, official stats reveal China’s deepening home price skid, and developer … Read more>>>

Rendering of Lakegarden Residences

Singapore Home Sales Retreat From July Peak as Supply Slows

Rendering of Lakegarden Residences

2023/09/16 by Beatrice Laforga Leave a Comment

Singapore new private home sales dropped by 72 percent in August from the previous month to 394 units as developers rolled out fewer projects.

Data from the Urban Redevelopment Authority (URA) on Friday showed that developer sales of new homes… Read More>>

Singapore new private home sales dropped by 72 percent in August from the previous month to 394 units as developers … Read more>>>

Robert Ng of Sino Land

Sino Land JV Wins Kai Tak Plot with Bargain $680M Bid in Depressed Hong Kong Market

Robert Ng of Sino Land

2023/09/14 by Christopher Caillavet Leave a Comment

A consortium led by local builder Sino Land has won a tender for a residential plot in Hong Kong’s Kai Tak area with a bid of HK$5.35 billion ($680 million), representing a nine-year low for a government land premium at… Read More>>

A consortium led by local builder Sino Land has won a tender for a residential plot in Hong Kong’s Kai Tak area with a … Read more>>>

ESR, CapitaLand, Nuveen, JLL See Rising Data Centre Demand in Japan, Korea: MTD TV

2023/09/14 by Beatrice Laforga Leave a Comment

https://player.vimeo.com/video/864268315?h=e6adfc1644Video can’t be loaded because JavaScript is disabled: APAC Data Centre Forum 2023: Opportunities for Data Centres in Japan and Korea (https://player.vimeo.com/video/864268315?h=e6adfc1644)

  Real estate heavyweights ESR, CapitaLand Investment, Nuveen and JLL expect data centre demand in… Read More>>

https://player.vimeo.com/video/864268315?h=e6adfc1644   Real estate heavyweights ESR, CapitaLand Investment, … Read more>>>

Masayuki Hyodo

Sumitomo Buying Central Mumbai Plot for $626M in City’s Priciest Land Deal

Masayuki Hyodo

2023/09/14 by Christopher Caillavet Leave a Comment

Japan’s Sumitomo Realty & Development has agreed to buy a 22 acre (8.9 hectare) land parcel in central Mumbai from Bombay Dyeing and Manufacturing for INR 5,200 crore ($626.3 million).

Bombay Dyeing, a unit of India’s Wadia Group conglomerate, said… Read More>>

Japan’s Sumitomo Realty & Development has agreed to buy a 22 acre (8.9 hectare) land parcel in central Mumbai from … Read more>>>

GTN Jakarta

EdgeConneX Gets Green Loans for Jakarta Builds and More Asia Real Estate Headlines

GTN Jakarta

2023/09/14 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, data centre developer EdgeConneX announces sustainability-linked financing for its Indonesian projects, and India’s Reliance Retail works to meet a fundraising goal with support from sovereign investors. Meanwhile, troubled Chinese homebuilder Country Garden faces… Read More>>

In today’s roundup of regional news headlines, data centre developer EdgeConneX announces sustainability-linked … Read more>>>

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