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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>>>

Jiayuan International chairman and controlling shareholder Shum Tin-ching

China Developer Liquidations in Doubt as Hong Kong-Listed Jiayuan Says Asset Seized

Jiayuan International chairman and controlling shareholder Shum Tin-ching

2024/02/01 by Kevin He Leave a Comment

Jiayuan International, one of the first mainland developers to commence liquidation amid China’s ongoing property crisis, has seen one of its projects taken over by a mainland company potentially linked to domestic creditors or the local government, in a move… Read More>>

Jiayuan International, one of the first mainland developers to commence liquidation amid China’s ongoing property … Read more>>>

Duncan Owen Link REIT

Link REIT Taps Duncan Owen as Next Chairman

Duncan Owen Link REIT

2024/02/01 by Christopher Caillavet Leave a Comment

Link REIT has appointed Duncan Gareth Owen as independent non-executive director and chair-elect, setting up a transition to culminate in the Londoner’s ascension to the chairmanship in 2025.

Owen, 56, is chairman of Workspace Group, an LSE-listed REIT of British… Read More>>

Link REIT has appointed Duncan Gareth Owen as independent non-executive director and chair-elect, setting up a … Read more>>>

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