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Hwee Long Loh Keppel DC

Keppel DC REIT Reports Flat H1 DPU as Guangdong Data Centres Offset Higher Costs

Hwee Long Loh Keppel DC

2023/07/25 by Christopher Caillavet Leave a Comment

Keppel DC REIT’s first-half distribution per unit was nearly flat compared with year-earlier levels, as the Singapore-listed data centre trust reported higher income but steeper finance and electricity costs.

DPU stood at S$0.05051 for the first six months of the… Read More>>

Keppel DC REIT’s first-half distribution per unit was nearly flat compared with year-earlier levels, as the … Read more>>>

Invincible REIT Buying Six Japan Hotels From Sponsor Fortress for $400M

2023/07/25 by Christopher Caillavet Leave a Comment

Invincible Investment Corporation, a Tokyo-listed hospitality and residential REIT, has agreed to acquire six hotels in Japan from affiliates of the trust’s sponsor, US asset manager Fortress Investment Group, for a total of JPY 57.2 billion ($400 million).

The largest… Read More>>

Invincible Investment Corporation, a Tokyo-listed hospitality and residential REIT, has agreed to acquire six hotels in … Read more>>>

42 Nassim Road SIngapore

Singapore Posts World’s Second Fastest Growth in Luxury Residential Rents

42 Nassim Road SIngapore

2023/07/25 by Beatrice Laforga Leave a Comment

Singapore’s luxury housing market continued to record some of the world’s steepest increases in rental rates during the first half of this year, as wealthy foreigners flow into the Southeast Asia financial haven, according to a recent report by Savills.

… Read More>>

Singapore’s luxury housing market continued to record some of the world's steepest increases in rental rates during the … Read more>>>

Evergrande Real Estate Group Chairman of the Board Hui Ka-yan (Getty Images)

September Hearings Set for Evergrande Debt Plan and More Asia Real Estate Headlines

Evergrande Real Estate Group Chairman of the Board Hui Ka-yan (Getty Images)

2023/07/25 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, a Hong Kong court schedules September hearings to determine the fate of China Evergrande’s debt restructuring plan, and Singapore’s GIC gathers funds for a South Korean data centre project. Also making the cut… Read More>>

In today’s roundup of regional news headlines, a Hong Kong court schedules September hearings to determine the fate of … Read more>>>

Adani Group Gautam Adani

Bain Buying 90% Stake in India’s Adani Capital, Adani Housing, Buying Out Family

Adani Group Gautam Adani

2023/07/24 by Christopher Caillavet Leave a Comment

Private equity major Bain Capital on Sunday announced an agreement to acquire 90 percent of two companies controlled by Indian billionaire Gautam Adani.

The transaction will buy out 100 percent of the Adani family’s private investments in Adani Capital, which… Read More>>

Private equity major Bain Capital on Sunday announced an agreement to acquire 90 percent of two companies controlled by … Read more>>>

Dalian Wanda chairman Wang Jianlin

Wanda Sells $320M Stake in Investment Unit to Ex-Evergrande Venture as Bond Comes Due

Dalian Wanda chairman Wang Jianlin

2023/07/24 by Christopher Caillavet Leave a Comment

Dalian Wanda Group has agreed to sell a 49 percent stake in an investment division which holds a stake in its Wanda Film unit for RMB 2.27 billion ($320 million), with reports indicating that the cash raised will go towards… Read More>>

Dalian Wanda Group has agreed to sell a 49 percent stake in an investment division which holds a stake in its Wanda Film … Read more>>>

Singapore Real Estate Investment Fell 50% to $2.9B in Q2

2023/07/24 by Beatrice Laforga Leave a Comment

Investment in Singapore real estate plunged to a two-year low in the second quarter, falling S$3.8 billion ($2.86 billion) after dropping 50 percent from the S$7.6 billion recorded a year ago as big ticket deals dried up.

Last quarter’s total… Read More>>

Investment in Singapore real estate plunged to a two-year low in the second quarter, falling S$3.8 billion ($2.86 … Read more>>>

Neil Shen

GIC, Warburg, Temasek Meet With China Regulators and More Asia Real Estate Headlines

Neil Shen

2023/07/24 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Chinese regulators host global fund managers in a bid to boost market confidence amid a sputtering economy, and Singapore’s GIC agrees to buy a logistics facility in Japan’s Nagoya area. Also making the… Read More>>

In today’s roundup of regional news headlines, Chinese regulators host global fund managers in a bid to boost market … Read more>>>

Ng Hsueh Ling Lendlease

Asia Real Estate People in the News 2023-07-24

Ng Hsueh Ling Lendlease

2023/07/24 by Michael Cole Leave a Comment

In this week’s look at human resources happenings in Asia’s real estate industry, the manager of a Singapore-liste REIT is looking for a new CEO, a senior member of Hong Kong’s billionaire Chiu family gets a title upgrade, and Lai… Read More>>

In this week’s look at human resources happenings in Asia’s real estate industry, the manager of a Singapore-liste REIT … Read more>>>

Stephen Schwarzman Blackstone

Blackstone Q2 Earnings Tumble 39% as Assets Reach $1T Milestone

Stephen Schwarzman Blackstone

2023/07/21 by Christopher Caillavet Leave a Comment

Blackstone on Thursday announced a 39 percent year-on-year drop in distributable earnings to $1.2 billion in the second quarter, but the profit skid was tempered by a 6 percent rise in the private equity giant’s assets under management to an… Read More>>

Blackstone on Thursday announced a 39 percent year-on-year drop in distributable earnings to $1.2 billion in the second … Read more>>>

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