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UOL Group chairman Wee Cho Yaw

CapitaLand JV With UOL, SingLand Wins Tampines Mixed-Use Site for $900M

UOL Group chairman Wee Cho Yaw

2023/07/13 by Christopher Caillavet Leave a Comment

CapitaLand has teamed up with UOL and its Singapore Land unit to win a mixed-use plot in northeastern Singapore’s Tampines area with a winning bid of S$1.2 billion ($900 million), the Housing and Development Board announced Tuesday.

The 50:50 JV… Read More>>

CapitaLand has teamed up with UOL and its Singapore Land unit to win a mixed-use plot in northeastern Singapore’s … Read more>>>

Josh Daitch ESR

ESR Elevates Josh Daitch to Investment Boss, Matthew Lawson to Chief Operating Officer

Josh Daitch ESR

2023/07/13 by Christopher Caillavet Leave a Comment

ESR has promoted longtime fund manager Josh Daitch to chief investment officer and tapped ESR Australia finance chief Matthew Lawson as the Asia-focused industrial giant’s chief operating officer.

In his new role, Daitch will oversee fund management, capital raising, research… Read More>>

ESR has promoted longtime fund manager Josh Daitch to chief investment officer and tapped ESR Australia finance chief … Read more>>>

MLT Chee Wah

Mapletree Logistics Trust Unloads Malaysia Shed and More Asia Real Estate Headlines

MLT Chee Wah

2023/07/13 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Singapore-listed Mapletree Logistics Trust completes the sale of a warehouse in Malaysia and a sea-facing land parcel changes hands in Mumbai. Also on the list, Dalian Wanda’s property management arm repays an onshore… Read More>>

In today’s roundup of regional news headlines, Singapore-listed Mapletree Logistics Trust completes the sale of a … Read more>>>

VisionCrest Commercial 1

German Asset Manager Marketing Singapore Office Building for $350M

VisionCrest Commercial 1

2023/07/12 by Beatrice Laforga Leave a Comment

German asset manager Union Investment is set to test investor appetite for Singapore commercial real estate as agents begin marketing an office block near the Orchard Road shopping strip at an asking price of S$470 million ($350 million).

JLL and… Read More>>

German asset manager Union Investment is set to test investor appetite for Singapore commercial real estate as agents … Read more>>>

Alan Kam AB Capital

Hong Kong’s AB Capital Adds to Japan Portfolio With Tokyo Hotel Buy

Alan Kam AB Capital

2023/07/12 by Christopher Caillavet Leave a Comment

Hong Kong-based AB Capital Investment has acquired a 220-room hotel in Tokyo for an undisclosed amount, marking the hospitality-focused private equity firm’s fourth hotel acquisition in Japan since the COVID-19 pandemic.

The firm led by co-founder and CEO Alan Kam… Read More>>

Hong Kong-based AB Capital Investment has acquired a 220-room hotel in Tokyo for an undisclosed amount, marking the … Read more>>>

Wang Jianlin Wanda Commercial

Wanda Shares Released by Mainland Courts and More Asia Real Estate Headlines

Wang Jianlin Wanda Commercial

2023/07/12 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Dalian Wanda thaws out some frozen shares, and China’s central bank says it’s keeping measures in place to support the real estate market through the end of next year. Also in the news,… Read More>>

In today’s roundup of regional news headlines, Dalian Wanda thaws out some frozen shares, and China’s central bank says … Read more>>>

Sun Dongping New Ease D&J

China’s DNE Group Sets Up $485M Life Science Fund to Invest in Pudong Project 

Sun Dongping New Ease D&J

2023/07/11 by Christopher Caillavet Leave a Comment

China’s DNE Group on Tuesday announced the establishment of a more than RMB 3.5 billion ($485 million) life science park fund to invest in an R&D project in Shanghai’s Pudong district.

Among the backers for the fund is a local… Read More>>

China’s DNE Group on Tuesday announced the establishment of a more than RMB 3.5 billion ($485 million) life science park … Read more>>>

chindata data centre ChinaNorth W01

Chindata Draws $3.4B Rival Bid From China Merchants After Bain Offer

chindata data centre ChinaNorth W01

2023/07/10 by Christopher Caillavet Leave a Comment

A little over a month after hearing a takeover offer from Bain Capital, Chindata Group Holdings has received a rival proposal from state-backed China Merchants Capital representing a 15 percent premium to Bain’s privatisation bid.

CMC is making a non-binding… Read More>>

A little over a month after hearing a takeover offer from Bain Capital, Chindata Group Holdings has received a rival … Read more>>>

Quek Leng Chan

Singapore’s First Housing Launches of Second-Half Meet Cooler Buyer Reception

Quek Leng Chan

2023/07/10 by Beatrice Laforga Leave a Comment

After Singapore home prices dropped for the first time in over three years during the second quarter, the first major project launches of 2023’s second half met with cooler responses from homebuyers facing new prospects for housing choice in what… Read More>>

After Singapore home prices dropped for the first time in over three years during the second quarter, the first major … Read more>>>

Paul-Chan-Budget-Speech

Hong Kong Eases Down-Payment Rules to Rouse Sleepy Housing Market

Paul-Chan-Budget-Speech

2023/07/10 by Christopher Caillavet Leave a Comment

Hong Kong’s central bank late Friday eased down-payment requirements for some home purchases, aiming to reboot the weak housing market after a prior relaxation of stress-testing rules failed to foster a sustained turnaround.

For residential properties for self-occupation, the new… Read More>>

Hong Kong’s central bank late Friday eased down-payment requirements for some home purchases, aiming to reboot the weak … Read more>>>

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