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URA chief executive officer Lim Eng Hwee

Singapore Home Sales Nearly Triple in November as Buyers Snap Up Surge in Supply 

URA chief executive officer Lim Eng Hwee

2023/12/15 by Beatrice Laforga Leave a Comment

Singapore private home sales nearly tripled to 784 units in November as a trio of condo launches helped snap three straight months of declining housing deals.

Developers’ home sales, excluding subsidised executive condos, jumped 286 percent last month from the… Read More>>

Singapore private home sales nearly tripled to 784 units in November as a trio of condo launches helped snap three … Read more>>>

Glenn-Willis_Elanor

Japan’s Kajima Backs $168M Elanor Shed Venture in Australia

Glenn-Willis_Elanor

2023/12/15 by Christopher Caillavet Leave a Comment

Elanor Investors Group has set up a joint venture with Japan’s Kajima Corporation to develop an Australian logistics portfolio with a target value of A$250 million ($167.8 million).

The tie-up with Kajima’s Icon Developments unit is set to kick-start the… Read More>>

Elanor Investors Group has set up a joint venture with Japan’s Kajima Corporation to develop an Australian logistics … Read more>>>

Hui Ka Yan or Xu Jiayin, a Chairperson of Evergrande Group

Evergrande Selling Stake in Shanghai Project and More Asia Real Estate Headlines

Hui Ka Yan or Xu Jiayin, a Chairperson of Evergrande Group

2023/12/15 by Ponrath Sopannarath Leave a Comment

China Evergrande again leads our roundup of real estate headlines from around Asia, with the troubled developer selling off its stake in a Shanghai project at a loss. Also in the news, Chinese authorities are rolling back restrictions on home… Read More>>

China Evergrande again leads our roundup of real estate headlines from around Asia, with the troubled developer selling … Read more>>>

Hamish MacDonald BlackRock

BlackRock Promotes Hamish MacDonald to Head of APAC Real Estate as Saunders Exits

Hamish MacDonald BlackRock

2023/12/14 by Christopher Caillavet Leave a Comment

BlackRock has promoted Hamish MacDonald to head of Asia Pacific real estate equity, succeeding 16-year veteran John Saunders, who is leaving the world’s largest asset manager.

While retaining his role as chief investment officer of APAC real estate equity, MacDonald will… Read More>>

BlackRock has promoted Hamish MacDonald to head of Asia Pacific real estate equity, succeeding 16-year veteran John … Read more>>>

Campfire co-founder Wang Tse

Ex-Campfire Boss, Mom Jailed for Scamming Partner in Hong Kong Mall Deal

Campfire co-founder Wang Tse

2023/12/14 by Christopher Caillavet Leave a Comment

A co-founder of defunct Hong Kong co-working operator Campfire and his mother have each been sentenced to 30 months in prison for duping a business partner into paying a bogus commission fee on the acquisition of a Tsuen Wan community… Read More>>

A co-founder of defunct Hong Kong co-working operator Campfire and his mother have each been sentenced to 30 months in … Read more>>>

Yang Huiyan Country Garden

Country Garden, Yonghui Offload Wanda Stakes as PAG-Led Investors Take Control

Yang Huiyan Country Garden

2023/12/14 by Kevin He Leave a Comment

Chinese developer Country Garden has agreed to sell its minority stake in the mall business of embattled peer Dalian Wanda Group for RMB 3.07 billion ($428 million), as the heavily indebted builder continues to liquidate assets amid a protracted funding… Read More>>

Chinese developer Country Garden has agreed to sell its minority stake in the mall business of embattled peer Dalian … Read more>>>

Shuhei Yoshida Nomura

Nomura Japanese REIT Acquires Tokyo Hotel Amid Tourism Rebound

Shuhei Yoshida Nomura

2023/12/14 by Poonyapat Luenam Leave a Comment

TSE-listed Nomura Real Estate Master Fund on Tuesday announced its acquisition of a hotel in Tokyo’s Taito ward, betting on demand for accommodation from international visitors to Japan’s capital.

The REIT sponsored by property heavyweight Nomura Real Estate Development revealed… Read More>>

TSE-listed Nomura Real Estate Master Fund on Tuesday announced its acquisition of a hotel in Tokyo’s Taito ward, betting … Read more>>>

Tripp Gantt

Manulife Wins Approval for Recapitalisation Plan and More Asia Real Estate Headlines

Tripp Gantt

2023/12/14 by Ponrath Sopannarath Leave a Comment

One of Singapore’s most troubled REITs leads today’s collection of real estate headlines from around Asia as investors swallow terms for a bailout of Manulife US REIT. Also in the news, Country Garden avoids its first domestic bond default and… Read More>>

One of Singapore’s most troubled REITs leads today’s collection of real estate headlines from around Asia as investors … Read more>>>

Adar Poonawalla SII

Indian Vaccine Heir Said Buying London’s Priciest Home of 2023 in $173M Deal

Adar Poonawalla SII

2023/12/13 by Beatrice Laforga Leave a Comment

Indian vaccine tycoon Adar Poonawalla is reportedly spending about £138 million ($173 million) to purchase a mansion in London’s West End in what ranks as the UK capital’s most expensive home purchase this year.

Poonawalla, chief executive of Serum Institute… Read More>>

Indian vaccine tycoon Adar Poonawalla is reportedly spending about £138 million ($173 million) to purchase a mansion in … Read more>>>

Yoshiyuki Chosa of GLP

GLP Breaks Ground on Greater Tokyo Warehouse in Japanese Manufacturing Hub

Yoshiyuki Chosa of GLP

2023/12/13 by Poonyapat Luenam Leave a Comment

Industrial developer GLP Japan announced on Monday that it has begun construction of a warehouse in western Ibaraki prefecture, aiming to capitalise on logistics demand through the site’s connectivity with Tokyo and the Kanto region.

Located around an hour’s drive… Read More>>

Industrial developer GLP Japan announced on Monday that it has begun construction of a warehouse in western Ibaraki … Read more>>>

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MTD TV

Greystar Nears First Closing of $1B APAC Multi-family Venture: MTD TV
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APAC Real Estate People in the News 2026-02-16
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