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Paul Chan, Hong Kong's Financial Secretary (Getty Images)

Stanley Land Sale Fails as Four Bidders Fall Short of HK Government’s Target

Paul Chan, Hong Kong's Financial Secretary (Getty Images)

2023/01/15 by Mingtiandi Team Leave a Comment

The tender for Hong Kong’s first residential plot of 2023 was withdrawn on Tuesday, as offers from four bidders for a luxury site in the Stanley area failed to reach the government’s expectations after analysts had predicted it might sell… Read More>>

The tender for Hong Kong’s first residential plot of 2023 was withdrawn on Tuesday, as offers from four bidders for a … Read more>>>

sph-keppel-Loh-Chin-Hua

Singapore’s Keppel Land Builds Up India Pipeline With $29M Pune Office Buy

sph-keppel-Loh-Chin-Hua

2023/01/15 by Beatrice Laforga Leave a Comment

The property arm of Singaporean conglomerate Keppel Corp is adding 1.1 million square feet (92,900 square metres) to its India office portfolio with the INR 2.37 billion ($29 million) purchase of a project in the western city of Pune, according… Read More>>

The property arm of Singaporean conglomerate Keppel Corp is adding 1.1 million square feet (92,900 square metres) to its … Read more>>>

Bruno Lopez st telemedia

Temasek-Backed STT GDC Eyes $1B IPO and More Asia Real Estate Headlines

Bruno Lopez st telemedia

2023/01/15 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Singapore’s ST Telemedia Global Data Centres reportedly contemplates an initial public offering, Dalian Wanda’s services unit scores a big offshore loan, and Kaisa Group is taken to court in New York over missed… Read More>>

In today’s roundup of regional news headlines, Singapore’s ST Telemedia Global Data Centres reportedly contemplates an … Read more>>>

Shan Weijian PAG

PAG Raises Additional $270M for Third Pan-Asian Real Estate Fund

Shan Weijian PAG

2023/01/12 by Christopher Caillavet Leave a Comment

PAG has raised a further $270 million for its third pan-Asian core-plus/value-add real estate fund, according to a filing with the US Securities and Exchange Commission.

The Hong Kong-based private equity firm received its latest commitment to PAG Real Estate… Read More>>

PAG has raised a further $270 million for its third pan-Asian core-plus/value-add real estate fund, according to a … Read more>>>

Arch Capital Launches Digital Halo Data Centre Venture, Plans 70MW Manila Facility 

2023/01/12 by Beatrice Laforga Leave a Comment

Arch Capital Management has joined the data centre rush with its announcement on Wednesday of Digital Halo, a venture aimed at building a regional digital infrastructure portfolio starting with a $500 million investment in the Philippines.

The Manulife-backed fund manager… Read More>>

Arch Capital Management has joined the data centre rush with its announcement on Wednesday of Digital Halo, a venture … Read more>>>

Stuart Gibson of ESR

ESR Invests $208M in Vietnam’s BW Industrial as SE Asia Expansion Continues

Stuart Gibson of ESR

2023/01/12 by Michael Cole Leave a Comment

Fund manager ESR is buying into the Vietnam growth story by taking an equity stake in its local partner BW Industrial as part of a funding round which could raise up to $450 million for the Ho Chi Minh City-based… Read More>>

Fund manager ESR is buying into the Vietnam growth story by taking an equity stake in its local partner BW Industrial as … Read more>>>

Goldin Financial Global Centre 2

PAG, Mapletree Confirm $713M Buy of Hong Kong’s Goldin Financial Global Centre

Goldin Financial Global Centre 2

2023/01/12 by Christopher Caillavet Leave a Comment

PAG and Mapletree Investments said Thursday that they have agreed to form a joint venture to acquire Hong Kong’s Goldin Financial Global Centre from the property’s receivers for HK$5.6 billion ($713 million), confirming a Mingtiandi report from last month.

The… Read More>>

PAG and Mapletree Investments said Thursday that they have agreed to form a joint venture to acquire Hong Kong’s Goldin … Read more>>>

Martin Lee Ka-shing Henderson Land Development

Henderson-Managed Sunlight REIT Picks Up Kowloon Mall for $96M

Martin Lee Ka-shing Henderson Land Development

2023/01/12 by Greg Isaacson Leave a Comment

Henderson Land Development’s Sunlight REIT is boosting its retail portfolio by picking up a three-storey shopping podium in Hong Kong’s West Kowloon area for HK$748 million ($95.8 million), with the listed trust picking up the asset at a nearly 12… Read More>>

Henderson Land Development’s Sunlight REIT is boosting its retail portfolio by picking up a three-storey shopping podium … Read more>>>

The Philips APAC Centre

CapitaLand Ascendas REIT Closes Philips HQ Buy and More Asia Real Estate Headlines 

The Philips APAC Centre

2023/01/12 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, electronics giant Philips concludes the previously announced sale of its APAC headquarters, Singaporeans rankle at rising housing costs, and Twitter walks away from its Asia HQ.

Philips Completes $76M Sale… Read More>>

In today’s roundup of regional news headlines, electronics giant Philips concludes the previously announced sale of its … Read more>>>

Mark Shi, NTUC Income

Singapore’s Income Insurance Hires CBRE IM to Manage $3B Real Estate Portfolio

Mark Shi, NTUC Income

2023/01/11 by Beatrice Laforga Leave a Comment

Singapore’s Income Insurance has tapped CBRE Investment Management to manage its $3 billion real estate portfolio, according to a statement on Wednesday, with the news coming just two weeks after its sister company, Mercatus Co-operative, sold a pair of malls… Read More>>

Singapore’s Income Insurance has tapped CBRE Investment Management to manage its $3 billion real estate portfolio, … Read more>>>

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