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GIC chief executive Lim Chow Kiat (Getty Images)

GIC Makes $122M Exit From Mumbai Mall Venture and More Asia Real Estate Headlines

GIC chief executive Lim Chow Kiat (Getty Images)

2023/05/11 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Singapore’s GIC sells its half-stake in a Mumbai mall, and Fitch puts industrial giant GLP on a negative ratings watch. Also happening in India, Blackstone’s Nexus Select Trust IPO was oversubscribed on the… Read More>>

In today’s roundup of regional news headlines, Singapore’s GIC sells its half-stake in a Mumbai mall, and Fitch puts … Read more>>>

rob speyer (Image: Tishman Speyer)

Tishman Speyer, Raffles Family Office Launch APAC Real Estate Fund

rob speyer (Image: Tishman Speyer)

2023/05/10 by Beatrice Laforga Leave a Comment

Tishman Speyer has teamed up with Hong Kong-based Raffles Family Office to launch an opportunistic Asia Pacific fund for ultra high net worth individuals (UHNWIs) focusing on investments in “new economy” real estate.

Dubbed the Tishman Speyer/Raffles Family Office APAC… Read More>>

Tishman Speyer has teamed up with Hong Kong-based Raffles Family Office to launch an opportunistic Asia Pacific fund for … Read more>>>

Jai Mirpuri, Head, Singapore Development & Thailand, ESR Group

ESR Enters Thailand With $235M Investment in Two Industrial Park Projects

Jai Mirpuri, Head, Singapore Development & Thailand, ESR Group

2023/05/10 by Christopher Caillavet Leave a Comment

ESR on Wednesday announced its expansion into Thailand with the development of two industrial and logistics parks representing a capital investment of THB 8 billion ($235 million).

The Hong Kong-listed group’s first project, expected to be completed by the end… Read More>>

ESR on Wednesday announced its expansion into Thailand with the development of two industrial and logistics parks … Read more>>>

victor li ck asset

CK Asset Offers to Buy UK’s Civitas Social Housing for $612M in Cash

victor li ck asset

2023/05/10 by Christopher Caillavet Leave a Comment

Li Ka-shing’s CK Asset Holdings has made an all-cash offer to acquire British care home provider Civitas Social Housing for £485 million ($612 million) as the Hong Kong developer expands its UK holdings.

The group controlled by Hong Kong’s richest… Read More>>

Li Ka-shing’s CK Asset Holdings has made an all-cash offer to acquire British care home provider Civitas Social Housing … Read more>>>

Dalian Wanda chairman Wang Jianlin

Wanda Talks Loan Relief With ICBC, Other Creditors and More Asia Real Estate Headlines

Dalian Wanda chairman Wang Jianlin

2023/05/10 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Chinese conglomerate Dalian Wanda reportedly discusses loan repayment extensions as IPO hopes fade, and Chengdu-based Sichuan Languang Development receives a delisting notice. Also in the news are declining losses at WeWork and a… Read More>>

In today’s roundup of regional news headlines, Chinese conglomerate Dalian Wanda reportedly discusses loan repayment … Read more>>>

Chen Hongtian of Cheung Kei

Cheung Kei Tycoon’s Seized Mid-Levels Apartment Up for Tender Sale

Chen Hongtian of Cheung Kei

2023/05/09 by Christopher Caillavet Leave a Comment

A luxury apartment in Hong Kong’s Mid-Levels area is up for sale after it was seized from Shenzhen tycoon Chen Hongtian in March.

The fifth-floor luxury unit at Opus Hong Kong on Stubbs Road is being sold by receivers via… Read More>>

A luxury apartment in Hong Kong’s Mid-Levels area is up for sale after it was seized from Shenzhen tycoon Chen Hongtian … Read more>>>

Han Khim Siew, OUE

Resilient Singapore Office Sector Lifts OUE C-REIT’s Net Property Income by 18% in Q1

Han Khim Siew, OUE

2023/05/09 by Beatrice Laforga Leave a Comment

OUE Commercial REIT saw its net property income surge by 18 percent year on year to reach S$56.6 million ($42.62 million) in the first quarter on the back of resilient Singapore office rents and the relaunch of its flagship hotel… Read More>>

OUE Commercial REIT saw its net property income surge by 18 percent year on year to reach S$56.6 million ($42.62 … Read more>>>

Creditors Marketing Mainland Developer’s $890M Hong Kong HQ After Default

2023/05/09 by Christopher Caillavet Leave a Comment

A Hong Kong commercial building seized from China’s Cheung Kei Group in March has been put up for sale by the company’s creditors, adding to the list of distressed trophy assets being marketed in the city.

Savills is the sole… Read More>>

A Hong Kong commercial building seized from China’s Cheung Kei Group in March has been put up for sale by the company’s … Read more>>>

Cainiao

Alibaba’s Cainiao Weighs $2B Hong Kong IPO and More Asia Real Estate Headlines

Cainiao

2023/05/09 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Alibaba’s Cainiao logistics arm reportedly plans a public listing in 2024, and strong occupancy continues in Lendlease Global REIT’s portfolio. Also in the news is a new special situations fund for Bain Capital… Read More>>

In today’s roundup of regional news headlines, Alibaba’s Cainiao logistics arm reportedly plans a public listing in … Read more>>>

Phil Pearce of ESR

ESR and Toll Group to Invest $285M in Sydney Distribution Centre

Phil Pearce of ESR

2023/05/08 by Christopher Caillavet Leave a Comment

ESR and Australian logistics provider Toll Group have signed a deal to invest A$420 million ($284.6 million) to develop a new distribution centre at the industrial giant’s Westlink Industry Park in Sydney that will be Toll’s largest in the country… Read More>>

ESR and Australian logistics provider Toll Group have signed a deal to invest A$420 million ($284.6 million) to develop … Read more>>>

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