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Hillhaven in Hillview Rise

Singapore Reports Lowest January Home Sales Since 2009 as Buyers Await Clarity

Hillhaven in Hillview Rise

2024/02/15 by Christopher Caillavet Leave a Comment

New private home sales in Singapore fell 29 percent year-on-year last month to 281 units, the lowest January reading in 15 years, according to data released by the Urban Redevelopment Authority on Thursday.

The latest figure, which excludes executive condominium… Read More>>

New private home sales in Singapore fell 29 percent year-on-year last month to 281 units, the lowest January reading in … Read more>>>

Terence Chan Ho-wah

Buyer Linked to Hong Kong’s Terence Chan Bags Luxury Manhattan Condo for $62M

Terence Chan Ho-wah

2024/02/15 by Kevin He Leave a Comment

A limited liability company represented by a Hong Kong private equity executive has purchased a 6,300 square foot luxury condo in the heart of Manhattan for $61.6 million, as US luxury residential assets continue to attract wealthy Asian buyers on… Read More>>

A limited liability company represented by a Hong Kong private equity executive has purchased a 6,300 square foot luxury … Read more>>>

Blackstone Sale of London Asset to Asian Investor Stalls and More Asia Real Estate Headlines

2024/02/15 by Ponrath Sopannarath Leave a Comment

London’s collapsing office market may have cost Blackstone an opportunity to sell a Canary Wharf tower to an Asian investor, with that story leading Mingtiandi’s headline roundup today. Also making the list, units in a Singapore listed REIT of US… Read More>>

London’s collapsing office market may have cost Blackstone an opportunity to sell a Canary Wharf tower to an Asian … Read more>>>

Mitsui Fudosan president and CEO , Masanobu Komoda (Getty Images)

Mitsui Fudosan Posts Record-High Nine-Month Profit of $1.1B

Mitsui Fudosan president and CEO , Masanobu Komoda (Getty Images)

2024/02/14 by Christopher Caillavet Leave a Comment

Mitsui Fudosan achieved a record-high attributable profit of JPY 166.4 billion ($1.1 billion), up 13.1 percent year-on-year, in the fiscal nine months to December, according to an update from Japan’s largest developer.

Operating revenue, operating income and ordinary income also… Read More>>

Mitsui Fudosan achieved a record-high attributable profit of JPY 166.4 billion ($1.1 billion), up 13.1 percent … Read more>>>

Ascott chief executive officer Kevin Goh

Singapore’s CapitaLand Sets Up $600M APAC Co-Living Fund

Ascott chief executive officer Kevin Goh

2024/02/14 by Beatrice Laforga Leave a Comment

CapitaLand Investment (CLI) aims to raise as much as $600 million for a newly established Asia Pacific fund targetting serviced residence and co-living opportunities which it is seeding with a pair of assets from its Ascott lodging division, the Singapore… Read More>>

CapitaLand Investment (CLI) aims to raise as much as $600 million for a newly established Asia Pacific fund targetting … Read more>>>

Tim Wang - GLP

GLP Capital Partners Launches $350M China Industrial Park Fund

Tim Wang - GLP

2024/02/14 by Christopher Caillavet Leave a Comment

GLP Capital Partners has set up a fund targeting industrial parks in China with an initial investment capacity of more than $350 million.

The new vehicle will focus on properties catering to advanced research manufacturing (ARM), the asset management arm… Read More>>

GLP Capital Partners has set up a fund targeting industrial parks in China with an initial investment capacity of more … Read more>>>

Jon Winkelried TPG Getty Images

TPG Raises $398M for Japan Value-Add Fund and More Asia Real Estate Headlines

Jon Winkelried TPG Getty Images

2024/02/14 by Ponrath Sopannarath Leave a Comment

TPG leads Mingtiandi’s roundup of real estate headlines from around the region today with the fund manager announcing this week that it has raised nearly $400 million for a Japan-focused investment vehicle. Also in the news, SGX-listed Far East Hospitality… Read More>>

TPG leads Mingtiandi’s roundup of real estate headlines from around the region today with the fund manager announcing … Read more>>>

Wee Lih Koh

Singapore’s Keppel REIT in Talks to Buy Half-Stake in Sydney Tower From Mirvac

Wee Lih Koh

2024/02/13 by Beatrice Laforga Leave a Comment

Keppel REIT continues to ramp up its presence Down Under with the Singapore-listed trust now in talks to buy into an office tower near Sydney’s Circular Quay owned by a Mirvac fund, according to market sources.

Keppel REIT is in… Read More>>

Keppel REIT continues to ramp up its presence Down Under with the Singapore-listed trust now in talks to buy into an … Read more>>>

Alok-Aggarwal Brookfield

Brookfield India REIT Net Property Income Surges 89% in Q4 on Record Leasing

Alok-Aggarwal Brookfield

2024/02/13 by Beatrice Laforga Leave a Comment

Brookfield India Real Estate Trust (BIRET) saw its net operating income for the fourth quarter jump by 89 percent from the same period a year earlier to reach INR 45.3 billion ($550 million) on record levels of new leasing.

BIRET… Read More>>

Brookfield India Real Estate Trust (BIRET) saw its net operating income for the fourth quarter jump by 89 percent from … Read more>>>

Hiroaki Hoshino Tokyu Group

Japan’s Tokyu Land to Sell Office Space in Shibuya Tower for $673M

Hiroaki Hoshino Tokyu Group

2024/02/13 by Poonyapat Luenam Leave a Comment

Developer Tokyu Land Corporation is selling a stake in a set of central Tokyo office floors for over JPY 100 billion ($673 million), as office rents in the Japanese capital continue to rise despite worries over an influx of new… Read More>>

Developer Tokyu Land Corporation is selling a stake in a set of central Tokyo office floors for over JPY 100 billion … Read more>>>

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