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Puah Tze Shyang CapitaLand

CapitaLand Launches China Opportunistic Strategy With $820M in Commitments

Puah Tze Shyang CapitaLand

2023/02/23 by Christopher Caillavet Leave a Comment

One day after revealing a new China-focused data centre fund, Singapore’s CapitaLand Investment has announced the launch of a special situations strategy for China with a total of S$1.1 billion ($820 million) in committed equity.

The CapitaLand China Opportunistic Partners… Read More>>

One day after revealing a new China-focused data centre fund, Singapore’s CapitaLand Investment has announced the launch … Read more>>>

GIC chief executive Lim Chow Kiat (Getty Images)

GIC, Centerbridge Clinch $868M Buyout of US Industrial REIT After Sweetening Deal

GIC chief executive Lim Chow Kiat (Getty Images)

2023/02/23 by Beatrice Laforga Leave a Comment

Singapore’s GIC and US private equity firm Centerbridge Partners have agreed to take NASDAQ-listed INDUS Realty Trust private in a sweetened deal that values the American industrial REIT at $868 million.

Indus has entered into a definitive merger agreement under… Read More>>

Singapore’s GIC and US private equity firm Centerbridge Partners have agreed to take NASDAQ-listed INDUS Realty Trust … Read more>>>

Hines Opens New Zealand Office as 11th in Asia Pacific

2023/02/23 by Christopher Caillavet Leave a Comment

US developer and fund manager Hines has opened an office in New Zealand, marking the company’s 11th Asia Pacific office location and seventh country since establishing a presence in the region in 1996.

To represent Hines in New Zealand, the… Read More>>

US developer and fund manager Hines has opened an office in New Zealand, marking the company’s 11th Asia Pacific office … Read more>>>

CDL chairman Kwek Leng Beng

City Developments Delivers Earnings Surge and More Asia Real Estate Headlines

CDL chairman Kwek Leng Beng

2023/02/23 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Singapore giant City Developments Ltd rides the hospitality recovery to an upbeat earnings report, and Chinese data centre operator GDS contemplates a stake sale after a reported data breach.

CDL’s… Read More>>

In today’s roundup of regional news headlines, Singapore giant City Developments Ltd rides the hospitality recovery to … Read more>>>

truong-my-lan-dspl

Vietnam-Linked Eric Chu Sells Quarry Bay Site at 36% Off Following Wife’s Arrest

truong-my-lan-dspl

2023/02/22 by Beatrice Laforga Leave a Comment

A few months after the fraud arrest of his wife in Ho Chi Minh City, local businessman Eric Chu Nap-Kee has sold a commercial and residential site on Hong Kong island at the heavily discounted price of HK$435 million ($55.46… Read More>>

A few months after the fraud arrest of his wife in Ho Chi Minh City, local businessman Eric Chu Nap-Kee has sold a … Read more>>>

Patrick Boocock

CapitaLand Sets Up China Data Centre Development Fund With $750M Beijing Plan

Patrick Boocock

2023/02/22 by Christopher Caillavet Leave a Comment

Singapore’s CapitaLand Investment has established a China data centre development fund with plans to invest in two Greater Beijing hyperscale projects that are seen adding S$1 billion ($750 million) to the firm’s funds under management upon completion.

The equity committed… Read More>>

Singapore’s CapitaLand Investment has established a China data centre development fund with plans to invest in two … Read more>>>

Paul-Chan-Budget-Speech

Hong Kong Cuts Tax for First-Time Buyers of Smaller Homes in Bid to Boost Market

Paul-Chan-Budget-Speech

2023/02/22 by Christopher Caillavet Leave a Comment

Hong Kong’s finance chief delivered the city’s budget in a speech on Wednesday, with the planning document introducing tax cuts for first-time buyers of small homes as the government tries to jump-start sales in the world’s least affordable housing market.

… Read More>>

Hong Kong’s finance chief delivered the city's budget in a speech on Wednesday, with the planning document introducing … Read more>>>

CSRC Chairman Yi Huiman

China Unveils Pilot Scheme for Real Estate Private Equity Funds

CSRC Chairman Yi Huiman

2023/02/22 by Greg Isaacson Leave a Comment

Chinese regulators said they will allow the creation of real estate private equity funds under a pilot programme to boost developer financing, as the government continues to roll out measures to stabilize the country’s flagging property sector.

The new scheme,… Read More>>

Chinese regulators said they will allow the creation of real estate private equity funds under a pilot programme to … Read more>>>

AirTrunk's TOK2

AirTrunk Starts Next Phase of 2nd Tokyo Facility and More Asia Real Estate Headlines

AirTrunk's TOK2

2023/02/22 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Australia’s AirTrunk begins construction on the second phase of its second Tokyo data centre, and Singapore’s Hong Heng Mansions launches a collective sale.

AirTrunk Breaks Ground on Second Phase of… Read More>>

In today’s roundup of regional news headlines, Australia’s AirTrunk begins construction on the second phase of its … Read more>>>

Stan Tang

Tang Shing-Bor Family Sells Two More Discounted Kowloon Assets

Stan Tang

2023/02/21 by Mingtiandi Team Leave a Comment

The family of Hong Kong’s late “Shop King” Tang Shing-bor has sold a serviced apartment building in Kowloon for HK$88 million ($11.22 million), according to market sources, as the group continues to liquidate assets at steep discounts in the face… Read More>>

The family of Hong Kong’s late “Shop King” Tang Shing-bor has sold a serviced apartment building in Kowloon for HK$88 … Read more>>>

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