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Henderson Land director Augustine Wong

Henderson-Swire JV Completes Acquisition of $806M Quarry Bay Project

Henderson Land director Augustine Wong

2023/09/19 by Christopher Caillavet Leave a Comment

Henderson Land and Swire Properties have completed their acquisition of a set of ageing buildings in Hong Kong’s Quarry Bay at a valuation of HK$6.3 billion ($806 million) after securing the remaining spaces at a public auction Tuesday.

The compulsory… Read More>>

Henderson Land and Swire Properties have completed their acquisition of a set of ageing buildings in Hong Kong’s Quarry … Read more>>>

Hong Kong Commercial Tower on the Market After Being Seized by Receivers

2023/09/19 by Beatrice Laforga Leave a Comment

A Hong Kong retail tower seized from distressed mainland developer Golden Wheel Tiandi Holdings has been put up for tender in the latest case of a sale by receivers in the Asian financial capital.

Colliers was appointed by the property’s… Read More>>

A Hong Kong retail tower seized from distressed mainland developer Golden Wheel Tiandi Holdings has been put up for … Read more>>>

China Taiping Buying Beijing Retirement Home From Century Golden Resources for $290M

2023/09/19 by Christopher Caillavet Leave a Comment

China Taiping Insurance has agreed to acquire a Beijing retirement home project from developer Century Golden Resources for RMB 2.09 billion ($290 million), chalking up a rare big-ticket deal in the mainland’s senior living sector.

The project in Shunyi district’s… Read More>>

China Taiping Insurance has agreed to acquire a Beijing retirement home project from developer Century Golden Resources … Read more>>>

blackrock building 2

BlackRock Turns Bearish on China Equities and More Asia Real Estate Headlines

blackrock building 2

2023/09/19 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, the world’s biggest asset manager sours on China equities, and troubled developer Sunac files for Chapter 15 protection in New York. Also making the cut are GuocoLand’s latest tender win in Singapore and… Read More>>

In today’s roundup of regional news headlines, the world’s biggest asset manager sours on China equities, and troubled … Read more>>>

James Chern - Seraya Partners

Empyrion DC, Seraya Partners on Building a Greener Data Centre Future

James Chern - Seraya Partners

2023/09/19 by Michael Cole Leave a Comment

Data centre demand is growing rapidly in Asia Pacific with North American players rushing to expand in the region and local operators struggling to bring existing facilities in line with the needs of AI deployments and hyperscale users.

With the… Read More>>

Data centre demand is growing rapidly in Asia Pacific with North American players rushing to expand in the region and … Read more>>>

PGIM Real Estate Asia head Benett Theseira

PGIM Expands APAC Rental Housing Portfolio With China, Australia Deals

PGIM Real Estate Asia head Benett Theseira

2023/09/18 by Christopher Caillavet Leave a Comment

PGIM Real Estate has added to its Asia Pacific rental housing portfolio, with the US investment manager securing deals with local partners to acquire properties in Shanghai, Sydney and Brisbane.

In China’s commercial capital, PGIM led a joint venture to… Read More>>

PGIM Real Estate has added to its Asia Pacific rental housing portfolio, with the US investment manager securing deals … Read more>>>

David Luboff, head of Asia Pacific infrastructure at KKR

KKR Buying 20% Stake in Singtel’s $4B Regional Data Centre Business

David Luboff, head of Asia Pacific infrastructure at KKR

2023/09/18 by Christopher Caillavet Leave a Comment

A fund managed by KKR has agreed to commit up to S$1.1 billion to acquire a 20 percent stake in Singtel’s regional data centre business, with the US buyout giant’s investment valuing the platform at S$5.5 billion ($4 billion).

KKR… Read More>>

A fund managed by KKR has agreed to commit up to S$1.1 billion to acquire a 20 percent stake in Singtel’s regional data … Read more>>>

CapitaLand Investment Expands Core-Plus Fund into Korea with $83M Logistics Buy

2023/09/18 by Beatrice Laforga Leave a Comment

Singapore-listed CapitaLand Investment (CLI) has acquired a newly built logistics facility near Seoul, South Korea for S$112 million ($82.5 million), making its first buy in Korea and the initial industrial deal on behalf of its flagship regional core-plus fund.

CLI’s… Read More>>

Singapore-listed CapitaLand Investment (CLI) has acquired a newly built logistics facility near Seoul, South Korea for … Read more>>>

evergrande

Evergrande Wealth Management Staff Arrested and More Asia Real Estate Headlines

evergrande

2023/09/18 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Shenzhen cops detain staff at China Evergrande’s wealth management unit, and CDL’s First Sponsor Group acquires a Netherlands office tower. Also making the list are shadow bank Zhongrong’s state-directed bailout and Country Garden’s… Read More>>

In today’s roundup of regional news headlines, Shenzhen cops detain staff at China Evergrande’s wealth management unit, … Read more>>>

Ronshine chairman and CEO Ou Zonghong

Asia Real Estate People in the News 2023-09-18

Ronshine chairman and CEO Ou Zonghong

2023/09/16 by Michael Cole Leave a Comment

Director resignations at a pair of mainland China real estate companies lead this week’s list of personnel moves from around the region, as developers continue to reel from that country’s property crisis. Also in the news is Barings naming new… Read More>>

Director resignations at a pair of mainland China real estate companies lead this week’s list of personnel moves from … Read more>>>

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