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Sofitel Brisbane Central - Facade

Singapore’s CDL Buys Brisbane Hotel From Brookfield for $119M

Sofitel Brisbane Central - Facade

2023/03/22 by Beatrice Laforga Leave a Comment

City Developments Ltd has agreed to buy a five-star hotel in central Brisbane from Canada’s Brookfield Asset Management for A$177.7 million ($119 million), as Australia continues to attract Singaporean investors.

CDL, through a joint venture equally owned by its Millennium… Read More>>

City Developments Ltd has agreed to buy a five-star hotel in central Brisbane from Canada’s Brookfield Asset Management … Read more>>>

Parry Ave URA site Singapore

Singapore Assisted Living Tender Draws Four Bids and More Asia Real Estate Headlines

Parry Ave URA site Singapore

2023/03/22 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, the tender for a private assisted living project in Singapore’s Kovan neighbourhood attracts meagre interest, and China’s Agile Group warns of an eye-popping 2022 loss.

URA Tender Draws Four Bids… Read More>>

In today’s roundup of regional news headlines, the tender for a private assisted living project in Singapore’s Kovan … Read more>>>

Japan BTR panel

AEW, Varsity Group, JLL, Greenberg Traurig Cite Resilience of Japan Apartments: MTD TV

Japan BTR panel

2023/03/21 by Beatrice Laforga Leave a Comment

https://player.vimeo.com/video/810020383?h=3bfc7ae8f9Video can’t be loaded because JavaScript is disabled: Mingtiandi APAC Residential Forum 2023: Multi-Family Investment in Japan (https://player.vimeo.com/video/810020383?h=3bfc7ae8f9)

Japan’s multi-family market is set to continue to be a top investment target for institutional investors despite a decline… Read More>>

https://player.vimeo.com/video/810020383?h=3bfc7ae8f9 Japan’s multi-family market is set to continue to be a top … Read more>>>

Wendell Cox Demographia

Hong Kong Still World’s Least Affordable Housing Market Despite Property Slump

Wendell Cox Demographia

2023/03/21 by Christopher Caillavet Leave a Comment

Hong Kong has defied an ongoing property slump to maintain its distinction as the world’s least affordable housing market, according to the results of a Demographia survey.

The median home price in the Asian financial hub stood at 18.8 times… Read More>>

Hong Kong has defied an ongoing property slump to maintain its distinction as the world’s least affordable housing … Read more>>>

Boustead Singapore chairman Wong Fong Fui

Boustead Projects Set for Delisting After Offer Acceptance Crosses 90%

Boustead Singapore chairman Wong Fong Fui

2023/03/21 by Christopher Caillavet Leave a Comment

SGX-listed Boustead Singapore has received acceptances from shareholders representing more than 90 percent of the issued shares in Boustead Projects, setting the stage for the investment firm to delist the property and construction division and take it private.

Valid acceptances… Read More>>

SGX-listed Boustead Singapore has received acceptances from shareholders representing more than 90 percent of the issued … Read more>>>

The Star casino Sydney

Hong Kong-Backed Star Admits Aussie Casino Guilt and More Asia Real Estate Headlines

The Star casino Sydney

2023/03/21 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Aussie casino operator Star Entertainment owns up to illegally allowing chip purchases using credit cards, and Japan’s Star Asia REIT secures first dibs on a Tokyo student housing property.

FEC,… Read More>>

In today’s roundup of regional news headlines, Aussie casino operator Star Entertainment owns up to illegally allowing … Read more>>>

Vinhomes chairman Pham Thieu Hoa

CapitaLand Said Investing $1.5B to Acquire Projects From Vietnam’s VinGroup

Vinhomes chairman Pham Thieu Hoa

2023/03/20 by Beatrice Laforga Leave a Comment

Singaporean heavyweight CapitaLand Group is in talks to purchase Vietnamese real estate projects worth $1.5 billion from the country’s largest listed developer, Vinhomes JSC, according to an account by Reuters on Monday.

CapitaLand is in talks with the Hanoi-based firm… Read More>>

Singaporean heavyweight CapitaLand Group is in talks to purchase Vietnamese real estate projects worth $1.5 billion from … Read more>>>

masa son softbank

SoftBank Throws WeWork $1.5B Lifeline After Stock Slides 90% Since Listing

masa son softbank

2023/03/20 by Christopher Caillavet Leave a Comment

WeWork has struck a deal with bondholders and key backer SoftBank on a restructuring plan to cancel or convert to equity about $1.5 billion in debt and extend the maturity date of $1.9 billion in other debt, as the loss-making… Read More>>

WeWork has struck a deal with bondholders and key backer SoftBank on a restructuring plan to cancel or convert to equity … Read more>>>

greg goodman ceo

Goodman Enters Air Cargo Logistics JV at Japan’s Narita Airport

greg goodman ceo

2023/03/20 by Christopher Caillavet Leave a Comment

Goodman Group will join with local partners in developing air cargo logistics infrastructure on a 70 hectare (172 acre) site at Narita International Airport, as the Aussie industrial specialist carries out a plan to expand its development workbook in Japan… Read More>>

Goodman Group will join with local partners in developing air cargo logistics infrastructure on a 70 hectare (172 acre) … Read more>>>

Evergrande Real Estate Group Chairman of the Board Hui Ka-yan attends Evergrande Real Estate result announcement at the JW Marriott in Admiralty. 29MAR16 SCMP/ Nora Tam

Evergrande Restructuring Details to Land This Week and More Asia Real Estate Headlines

Evergrande Real Estate Group Chairman of the Board Hui Ka-yan attends Evergrande Real Estate result announcement at the JW Marriott in Admiralty. 29MAR16 SCMP/ Nora Tam

2023/03/20 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, defaulted developer Evergrande readies the terms of its long-awaited debt restructuring plan for a mid-week release, and China suspends the operations of Big Four accounting firm Deloitte.

Evergrande Preps Restructuring… Read More>>

In today’s roundup of regional news headlines, defaulted developer Evergrande readies the terms of its long-awaited debt … Read more>>>

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