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Yang Huiyan Country Garden

Country Garden Makes 11th-Hour Coupon Payments and More Asia Real Estate Headlines

Yang Huiyan Country Garden

2023/09/05 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Country Garden narrowly avoids default on a pair of offshore bonds, and asset managers flog their Hong Kong buildings as mortgage payments threaten to overtake rental income. Also making the cut are “overinvested”… Read More>>

In today’s roundup of regional news headlines, Country Garden narrowly avoids default on a pair of offshore bonds, and … Read more>>>

Tim Blackburn of Swire Properties

Swire in $1.3B Deal to Buy 40% Stakes in Pair of Lujiazui Group Projects in Pudong

Tim Blackburn of Swire Properties

2023/09/04 by Christopher Caillavet Leave a Comment

Swire Properties is picking up a 40 percent stake in two mixed-use projects in Shanghai’s Pudong district at a combined value of $1.33 billion through separate joint ventures with government-backed Lujiazui Group, including a previously announced joint development in the… Read More>>

Swire Properties is picking up a 40 percent stake in two mixed-use projects in Shanghai’s Pudong district at a combined … Read more>>>

Ng Kiat Mapletree (1)

Singapore-Listed Mapletree Logistics Trust Selling Japan Warehouse For $69M 

Ng Kiat Mapletree (1)

2023/09/04 by Beatrice Laforga Leave a Comment

Mapletree Logistics Trust (MLT) is divesting a warehouse in Japan’s Ibaraki prefecture for JPY 10.03 billion ($69 million) as the Singapore-listed REIT continues to let go of non-core properties following its S$914 million acquisition of a regional logistics portfolio from… Read More>>

Mapletree Logistics Trust (MLT) is divesting a warehouse in Japan’s Ibaraki prefecture for JPY 10.03 billion ($69 … Read more>>>

Kusumine Enami

AB Capital Hires EQT Exeter’s Kusumine Enami to Lead Japan Office

Kusumine Enami

2023/09/04 by Christopher Caillavet Leave a Comment

Hong Kong-based AB Capital Investment has strengthened its team in the firm’s target market of Japan with the hiring of Kusumine Enami as country head and managing partner.

Enami joins the hospitality-focused private equity firm from EQT Exeter, where he… Read More>>

Hong Kong-based AB Capital Investment has strengthened its team in the firm’s target market of Japan with the hiring of … Read more>>>

Lujiazui View in Shanghai

Property Measures Deliver Jolt to China Stocks and More Asia Real Estate Headlines

Lujiazui View in Shanghai

2023/09/04 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, China’s newly announced support measures boost property stocks, and embattled builder Country Garden reportedly makes a payment on a ringgit-denominated bond. Also on the list, mainland megacities react to the latest stimulus and… Read More>>

In today’s roundup of regional news headlines, China’s newly announced support measures boost property stocks, and … Read more>>>

Stuart Gibson, ESR Group Co-founder and Co-CEO

Asia Real Estate People in the News 2023-09-04

Stuart Gibson, ESR Group Co-founder and Co-CEO

2023/09/04 by Michael Cole Leave a Comment

A board change at Singapore’s ESR-Logos REIT leads this week’s set of personnel moves from Asia’s property industry, with a major Indian commercial developer also naming new leadership. Other additions to the list come from defaulting developer Ronshine China and… Read More>>

A board change at Singapore’s ESR-Logos REIT leads this week’s set of personnel moves from Asia’s property industry, … Read more>>>

Michael Mai ICD

Singapore’s Well Smart Picks Up $323M Sydney Hotel Project

Michael Mai ICD

2023/09/03 by Beatrice Laforga Leave a Comment

Singapore-based Well Smart Investment Holdings is acquiring a Sydney hotel project from Chinese-owned developer ICD Property and local firm Belingbak with plans to repurpose the planned A$500 million ($323 million) hotel and residential tower as a hospitality-only development.

Controlled by… Read More>>

Singapore-based Well Smart Investment Holdings is acquiring a Sydney hotel project from Chinese-owned developer ICD … Read more>>>

Rangu Salgame, Chairman & CEO, Princeton Digital Group

Mingtiandi Forum to Explore Impact of AI on APAC Data Centres

Rangu Salgame, Chairman & CEO, Princeton Digital Group

2023/09/03 by Michael Cole Leave a Comment

It has been just over eight months since ChatGPT was released to the public and the generative AI tool has already set records for adoption while the resource requirements that it creates have been accelerating demand for data centre capacity… Read More>>

It has been just over eight months since ChatGPT was released to the public and the generative AI tool has already set … Read more>>>

Chen Hongtian of Cheung Kei

Cheung Kei Tycoon’s Seized Mid-Levels Apartment Said to Sell for $53.5M

Chen Hongtian of Cheung Kei

2023/09/03 by Christopher Caillavet Leave a Comment

A Hong Kong luxury apartment seized from Shenzhen tycoon Chen Hongtian in March has sold for HK$420 million ($53.5 million), according to local media accounts, with the price paid for the Mid-Levels home reportedly representing a 38 percent discount to… Read More>>

A Hong Kong luxury apartment seized from Shenzhen tycoon Chen Hongtian in March has sold for HK$420 million ($53.5 … Read more>>>

China Real Estate Market

China Reportedly Preps Further Property Stimulus and More Asia Real Estate Headlines

China Real Estate Market

2023/09/01 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, China is said to be mulling further measures to jump-start its ailing property market, and cash-strapped builder Country Garden delays a deadline for onshore bondholders to vote on a payment extension. Also making… Read More>>

In today’s roundup of regional news headlines, China is said to be mulling further measures to jump-start its ailing … Read more>>>

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