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Alice Hung Yin

Family Office Buys Singapore Industrial Building From CapitaLand Ascendas REIT 

Alice Hung Yin

2023/04/24 by Beatrice Laforga Leave a Comment

The manager of CapitaLand Ascendas REIT has agreed to sell an industrial building in Singapore’s Toa Payoh area to the family office of a foreign investor, in a deal that values the asset at three times its acquisition value nine… Read More>>

The manager of CapitaLand Ascendas REIT has agreed to sell an industrial building in Singapore’s Toa Payoh area to the … Read more>>>

Amelie Delaunay - ANREV

APAC Investors Defy Trend as Global Capital Raising for Private Real Estate Funds Falls 8%

Amelie Delaunay - ANREV

2023/04/24 by Christopher Caillavet Leave a Comment

At least $264 billion in new capital was raised globally for non-listed real estate investment in 2022, down 8 percent from the previous year, as high inflation and interest rate rises stirred market uncertainty, according to data compiled by a… Read More>>

At least $264 billion in new capital was raised globally for non-listed real estate investment in 2022, down 8 percent … Read more>>>

Jurong Point Mall

Singapore Investment Volume More Than Doubles in Q1 as Mall Deals Lend Weight

Jurong Point Mall

2023/04/24 by Christopher Caillavet Leave a Comment

First-quarter deal volume in Singapore’s real estate market more than doubled to S$5.63 billion (now $4.2 billion) compared with the previous three months, boosted by a trio of retail disposals by Mercatus Co-operative, according to Savills.

Mercatus, the property arm… Read More>>

First-quarter deal volume in Singapore’s real estate market more than doubled to S$5.63 billion (now $4.2 billion) … Read more>>>

Lujiazui View in Shanghai

Poly, Vanke Win Shanghai Development Sites and More Asia Real Estate Headlines

Lujiazui View in Shanghai

2023/04/24 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, some of China’s biggest developers bag plots in Shanghai’s maiden land sale of the year, and Fitch withdraws its ratings on Blackstone-backed data centre firm VNET. Also making the list is an industrial… Read More>>

In today’s roundup of regional news headlines, some of China’s biggest developers bag plots in Shanghai’s maiden land … Read more>>>

Chen Guoxiang Shinsun

Asia Real Estate People in the News 2023-04-24

Chen Guoxiang Shinsun

2023/04/24 by Michael Cole Leave a Comment

Some sad news mixes in with Mingtiandi’s usual crop of promotions and new hires this week as a mainland developer announces the passing of its founder and chairman. Also making our list of personnel moves this week, a Hong Kong… Read More>>

Some sad news mixes in with Mingtiandi’s usual crop of promotions and new hires this week as a mainland developer … Read more>>>

Christina Gaw of Gaw Capital Partners

Gaw Capital Partners Completes Acquisition of Guangzhou Outlet Mall

Christina Gaw of Gaw Capital Partners

2023/04/21 by Michael Cole Leave a Comment

Hong Kong’s Gaw Capital Partners, through a fund under its management and together with additional financial partners, has completed the acquisition of an Italian-themed outlet mall in southern China’s Guangdong province for an undisclosed amount, according to a statement on… Read More>>

Hong Kong’s Gaw Capital Partners, through a fund under its management and together with additional financial partners, … Read more>>>

Carlyle co-founders

PAG, Carlyle Scale Back Latest Buyout Funds and More Asia Real Estate Headlines

Carlyle co-founders

2023/04/21 by Michael Cole Leave a Comment

Worsening relations between China and the United States lead today’s headline roundup as geopolitics appear to be denting trans-Pacific investment fundraising with a pair of the world’s largest private equity firms scaling back their latest buyout strategies. Also in the… Read More>>

Worsening relations between China and the United States lead today’s headline roundup as geopolitics appear to be … Read more>>>

TE Capital's Solitaire on Cecil

Cecil Street Project Sets Singapore Price Record as 3 Floors Sell for $122M

TE Capital's Solitaire on Cecil

2023/04/21 by Michael Cole Leave a Comment

A local company has set a new Singapore price record with the purchase of a trio of office floors in Solitaire on Cecil, an office project being developed by TE Capital and LaSalle Investment Management near the Raffles Place commercial… Read More>>

A local company has set a new Singapore price record with the purchase of a trio of office floors in Solitaire on Cecil, … Read more>>>

Stephen Schwarzman

Blackstone Real Estate Earnings Down 58% in Q1

Stephen Schwarzman

2023/04/21 by Michael Cole Leave a Comment

The world’s biggest commercial landlord said on Thursday that earnings from its real estate business fell 58 percent in the first quarter compared to the same period a year ago as a market slowdown reduced Blackstone Group’s income from asset… Read More>>

The world’s biggest commercial landlord said on Thursday that earnings from its real estate business fell 58 percent in … Read more>>>

Zhang Li R&F

R&F-Linked US Properties Sold Off as Mainland Developer Continues Debt Struggles

Zhang Li R&F

2023/04/21 by Michael Cole Leave a Comment

Still under arrest in London while fighting extradition to the US on corruption charges, Guangzhou R&F Properties co-chairman Zhang Li is selling off some of his California properties, including a ranch in Santa Clara and a commercial building in San… Read More>>

Still under arrest in London while fighting extradition to the US on corruption charges, Guangzhou R&F Properties … Read more>>>

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