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Kerry Huangpu Shanghai Mixed-Use

Kerry Acquires Henan Road Plot for $1.2B to Assemble Central Shanghai Mega-Site

Kerry Huangpu Shanghai Mixed-Use

2023/06/22 by Christopher Caillavet Leave a Comment

Kerry Properties has won a government tender for a site near Shanghai’s Yuyuan Garden for RMB 8.78 billion ($1.2 billion) to move a step closer to consolidating a supersized mixed-use project.

The bid is for the second of two sets… Read More>>

Kerry Properties has won a government tender for a site near Shanghai’s Yuyuan Garden for RMB 8.78 billion ($1.2 … Read more>>>

Phil Pearce of ESR

ESR-GIC JV Buys Sydney Industrial Plant to Develop $301M Logistics Project

Phil Pearce of ESR

2023/06/22 by Beatrice Laforga Leave a Comment

ESR has acquired a manufacturing plant in Sydney’s Botany Bay area on behalf of a joint venture with Singapore’s GIC, with the partners planning to invest at least A$443 million ($301 million) to develop a multi-storey logistics facility on the… Read More>>

ESR has acquired a manufacturing plant in Sydney’s Botany Bay area on behalf of a joint venture with Singapore’s GIC, … Read more>>>

Hong Kong Builders Cut Home Prices to 2018 Levels and More Asia Real Estate Headlines

2023/06/22 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, big-name Hong Kong developers dangle deep discounts to lure buyers to new projects, and Alibaba’s Cainiao logistics arm replaces one of the banks preparing its IPO. Also making the list is a Greystar… Read More>>

In today’s roundup of regional news headlines, big-name Hong Kong developers dangle deep discounts to lure buyers to new … Read more>>>

Orchard Boulevard Site

Singapore Ramps Up Housing Supply With Biggest Land Sale Plan in a Decade

Orchard Boulevard Site

2023/06/21 by Beatrice Laforga Leave a Comment

Singapore on Wednesday unveiled plans to put up for sale eight residential sites in the second half of the year as part of the government’s plan to boost private home supply and tame a red-hot housing market.

Under the confirmed… Read More>>

Singapore on Wednesday unveiled plans to put up for sale eight residential sites in the second half of the year as part … Read more>>>

Bonny Setiawan

NWP-Backed Indonesia Logistics Platform Breaks Ground on Pair of Projects

Bonny Setiawan

2023/06/21 by Christopher Caillavet Leave a Comment

Cella Management Logistics, an Indonesia-focused industrial platform backed by Jakarta-based developer NWP Property, has broken ground on two logistics projects with a planned 165,000 square metres (1.8 million square feet) of net leasable area.

The pair of projects — a… Read More>>

Cella Management Logistics, an Indonesia-focused industrial platform backed by Jakarta-based developer NWP Property, has … Read more>>>

Perennial CEO Pua Seck Guan

Perennial to Invest $167M After Winning Tender for Singapore’s First Assisted Living Project

Perennial CEO Pua Seck Guan

2023/06/21 by Beatrice Laforga Leave a Comment

Perennial Holdings is planning to invest S$225 million ($167 million) for its initial venture into Singapore’s healthcare real estate sector after winning a public tender for the city-state’s first private assisted living development.

The developer controlled by local billionaire Kuok… Read More>>

Perennial Holdings is planning to invest S$225 million ($167 million) for its initial venture into Singapore’s … Read more>>>

Peter Young QIP

QIP Wraps Up $50M Japan Multi-Family Fund With Tokyo Buy

Peter Young QIP

2023/06/21 by Christopher Caillavet Leave a Comment

Singapore’s Q Investment Partners has acquired a residential property in central Tokyo as the fourth and final asset of the private equity firm’s Japan multi-family housing fund, marking the closure of the $50 million vehicle.

The property consists of 42… Read More>>

Singapore's Q Investment Partners has acquired a residential property in central Tokyo as the fourth and final asset of … Read more>>>

bkc one mumbai

Blackstone Preps $1B IPO of India Office REIT and More Asia Real Estate Headlines

bkc one mumbai

2023/06/21 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Blackstone prepares to launch Asia’s largest REIT IPO in terms of square footage, and the sale of Samsung SDS’s head office shapes up to be South Korea’s biggest real estate deal of the… Read More>>

In today’s roundup of regional news headlines, Blackstone prepares to launch Asia’s largest REIT IPO in terms of square … Read more>>>

Amara CEO Albert Teo

Amara Hotels Could Be Next Real Estate Buyout Target on the SGX

Amara CEO Albert Teo

2023/06/20 by Beatrice Laforga Leave a Comment

Amara Holdings said on Monday that it is in talks with its controlling shareholders regarding a potential deal, with analysts speculating that the SGX-listed hotel owner and operator could be Singapore’s latest buyout target.

Amara, which saw its stock skyrocket… Read More>>

Amara Holdings said on Monday that it is in talks with its controlling shareholders regarding a potential deal, with … Read more>>>

Cushman & Wakefield's Tom Ko

Hong Kong Commercial Property Investment Falls 45% as Interest Rates Sour Reopening

Cushman & Wakefield's Tom Ko

2023/06/20 by Christopher Caillavet Leave a Comment

Deal volume in Hong Kong’s commercial property market fell 45 percent year-on-year to HK$18.1 billion ($2.3 billion) in the first six months of 2023 as high interest rates continued to discourage investors, according to Cushman & Wakefield.

Despite a gradual… Read More>>

Deal volume in Hong Kong’s commercial property market fell 45 percent year-on-year to HK$18.1 billion ($2.3 billion) in … Read more>>>

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