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JP Morgan Tower

Blackstone Pulls Sale of JP Morgan Sydney HQ and More Asia Real Estate Headlines

JP Morgan Tower

2023/04/20 by Michael Cole Leave a Comment

The world’s biggest landlord leads Mingtiandi’s headline roundup today as Blackstone is reported to have shelved its attempt to sell JP Morgan’s Australian headquarters in Sydney’s central business district. Also making the news, investors are selling down Dalian Wanda Group’s… Read More>>

The world’s biggest landlord leads Mingtiandi’s headline roundup today as Blackstone is reported to have shelved its … Read more>>>

42 Nassim Road SIngapore

Indonesian Family Buys Bungalows on Singapore’s Nassim Road for $155M

42 Nassim Road SIngapore

2023/04/19 by Beatrice Laforga Leave a Comment

Temasek Holdings-backed Cuscaden Peak Investments has sold three mansions on Singapore’s Nassim Road for S$206.7 million ($155 million), according to a company representative, with a market source identifying the buyer to Mingtiandi as a wealthy Indonesian family.

The two-storey good… Read More>>

Temasek Holdings-backed Cuscaden Peak Investments has sold three mansions on Singapore’s Nassim Road for S$206.7 million … Read more>>>

Alvin Mah Alpha

Keppel’s Alpha Investment Partners Names New CEO as Flagship Fund Goes Quiet

Alvin Mah Alpha

2023/04/19 by Michael Cole Leave a Comment

Singapore’s Alpha Investment Partners saw its first change in top management in half a decade this month as chief executive Alvin Mah left the private fund management unit of Keppel Corporation after holding the senior level position since February 2018.

… Read More>>

Singapore’s Alpha Investment Partners saw its first change in top management in half a decade this month as chief … Read more>>>

bruce flatt brookfield

Brookfield Funds Default on $161M US Office Debt and More Asia Real Estate Headlines

bruce flatt brookfield

2023/04/19 by Michael Cole Leave a Comment

US defaults and Korean delays lead today’s collection of real estate headlines from around the region, as Brookfield fails to make payment on debt linked to a Washington DC area office portfolio and sources in Seoul says a KKR joint… Read More>>

US defaults and Korean delays lead today’s collection of real estate headlines from around the region, as Brookfield … Read more>>>

Mount Nicholson Hong Kong

House at Hong Kong’s Mount Nicholson Sells for $73M

Mount Nicholson Hong Kong

2023/04/18 by Christopher Caillavet Leave a Comment

A luxury home at the Mount Nicholson project on Hong Kong’s Peak has sold for HK$577.4 million ($73.5 million), showing that prices have barely budged at the exclusive development since the last time units transacted there almost four years ago.

… Read More>>

A luxury home at the Mount Nicholson project on Hong Kong’s Peak has sold for HK$577.4 million ($73.5 million), showing … Read more>>>

UOB chief executive Wee Ee Cheong

UOB to Invest $375M in Singapore Tech Centre

UOB chief executive Wee Ee Cheong

2023/04/18 by Beatrice Laforga Leave a Comment

United Overseas Bank Ltd (UOB) expects to invest at least S$500 million ($375.3 million) to build a new global technology and innovation centre in an upcoming smart district in northeastern Singapore’s Punggol area as part of the local banking giant’s… Read More>>

United Overseas Bank Ltd (UOB) expects to invest at least S$500 million ($375.3 million) to build a new global … Read more>>>

99 Queen Street, Melbourne

Mainland Chinese Buyer Scoops Up Melbourne Office Building for $20M

99 Queen Street, Melbourne

2023/04/18 by Christopher Caillavet Leave a Comment

An unidentified mainland Chinese investor has acquired an ageing building in Melbourne’s central business district, marking the first major office deal of 2023 in Australia’s second-largest city.

The 12-storey office block at 99 Queen Street changed hands after a competitive… Read More>>

An unidentified mainland Chinese investor has acquired an ageing building in Melbourne’s central business district, … Read more>>>

Keppel O&M

Keppel Shareholder Return Leaps 49% and More Asia Real Estate Headlines

Keppel O&M

2023/04/18 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Keppel Corp’s 2022 shareholder return handily outperforms the broader Singapore index, and agency OrangeTee & Tie is hit with a financial penalty over a 2021 data breach. Also in the news, Australia’s Lendlease… Read More>>

In today’s roundup of regional news headlines, Keppel Corp’s 2022 shareholder return handily outperforms the broader … Read more>>>

Peter Wittendorp is now APAC real estate head at HSBC AM (Image: SilkRoad)

SilkRoad Enters Japan With Purchase of Six Greater Tokyo Assets for $150M

Peter Wittendorp is now APAC real estate head at HSBC AM (Image: SilkRoad)

2023/04/17 by Christopher Caillavet Leave a Comment

SilkRoad Property Partners on Monday announced the acquisition of six Greater Tokyo assets for JPY 19.5 billion ($150 million), marking the Singapore-based firm’s first investment in Japan.

The properties consist of an office building in central Tokyo and five multi-family… Read More>>

SilkRoad Property Partners on Monday announced the acquisition of six Greater Tokyo assets for JPY 19.5 billion ($150 … Read more>>>

Singapore New Home Sales Rise 14% in March as More Condos Hit The Market

2023/04/17 by Beatrice Laforga Leave a Comment

Singapore new private home sales rose 13.6 percent to 492 units in March, reaching their highest level in six months as homebuyers bought up available units as quickly as they entered the market, according to data released by the Urban… Read More>>

Singapore new private home sales rose 13.6 percent to 492 units in March, reaching their highest level in six months as … Read more>>>

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