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Yang Huiyan Country Garden

Country Garden Heiress Selling $650M in Property Management Shares as Price Rebounds

Yang Huiyan Country Garden

2022/12/12 by Beatrice Laforga Leave a Comment

Hailed as China’s richest woman, Yang Huiyan has agreed to sell a portion of her controlling stake in Country Garden Services Holdings for about HK$5.06 billion ($650 million) to mark the third major sale of equity in the group within… Read More>>

Hailed as China’s richest woman, Yang Huiyan has agreed to sell a portion of her controlling stake in Country Garden … Read more>>>

Rao Srinivasa

India Data Centre Market to Double Capacity by 2025

Rao Srinivasa

2022/12/12 by Pawara Laothamatas Leave a Comment

India’s data centre stock is expected to double over the next three years to reach as much as 20 million square feet (1.85 million square metres) and 1500 megawatts, driven by a regional e-commerce boom and increasing adoption of smart… Read More>>

India’s data centre stock is expected to double over the next three years to reach as much as 20 million square feet … Read more>>>

Elan Paradise

PAG to Invest Another $60M with Indian Developer and More Asia Real Estate Headlines

Elan Paradise

2022/12/12 by Michael Cole Leave a Comment

Asia’s real estate markets start out the week with Hong Kong private equity firm PAG upping its India investments and a set of unhappy Singapore homeowners blocking an en-bloc sale. Also in the news, a suit by BNY Mellon is… Read More>>

Asia’s real estate markets start out the week with Hong Kong private equity firm PAG upping its India investments and a … Read more>>>

TAkashi Ueda Mitsui Fudosan

Asia Real Estate People in the News 2022-12-12

TAkashi Ueda Mitsui Fudosan

2022/12/12 by Michael Cole Leave a Comment

One of Japan’s largest developers has chosen a new top executive and news of that changeover leads this week’s roundup of personnel moves from around the region, while the manager of a Singapore REIT of mainland assets announces that its… Read More>>

One of Japan’s largest developers has chosen a new top executive and news of that changeover leads this week’s roundup … Read more>>>

URA Chairman Peter Ho Hak Ean

Singapore Boosts Land Supply by 17% to Tame Rising Housing Prices

URA Chairman Peter Ho Hak Ean

2022/12/11 by Beatrice Laforga Leave a Comment

After seeing housing prices rise in defiance of escalating interest rates and punitive stamp duties, Singapore authorities have announced plans to sell more housing sites during the first half of 2023 than in any period over the past decade.

In… Read More>>

After seeing housing prices rise in defiance of escalating interest rates and punitive stamp duties, Singapore … Read more>>>

Sunac Sun Hongbin

Sunac Restructuring Plan Proposes Conversion of Debt Into Ordinary Shares

Sunac Sun Hongbin

2022/12/11 by Christopher Caillavet Leave a Comment

Sunac China Holdings on Friday previewed a restructuring plan under which the defaulting developer would convert between $3 billion and $4 billion worth of debt and certain shareholder loans into ordinary shares or equity-linked instruments.

Tianjin-based Sunac has been communicating… Read More>>

Sunac China Holdings on Friday previewed a restructuring plan under which the defaulting developer would convert between … Read more>>>

Ayala Flow

PAG’s Flow, PDG Announce Data Centre Milestones in Philippines, India

Ayala Flow

2022/12/11 by Christopher Caillavet Leave a Comment

Two regional players in the red-hot data centre space announced milestones this week, with Flow Digital Infrastructure breaking ground on a Philippine campus and Princeton Digital Group launching its flagship Indian facility in Mumbai.

Singapore-based Flow, a unit of Hong… Read More>>

Two regional players in the red-hot data centre space announced milestones this week, with Flow Digital Infrastructure … Read more>>>

1 Fitzhugh Street Far East Orchard

Far East Orchard Bags UK Student Housing for $17M and More Asia Real Estate Headlines

1 Fitzhugh Street Far East Orchard

2022/12/11 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Singapore’s Far East Orchard buys another British student housing accommodation, US bank Jefferies exits Li Ka-shing’s Cheung Kong Center, and China asks its top insurers to buy bonds as retail customers baulk.

Read More>>

In today’s roundup of regional news headlines, Singapore’s Far East Orchard buys another British student housing … Read more>>>

Hines Jon Tanaka

Hines Enters Japan Multi-Family With 11-Asset Buy for Flagship Asia Fund

Hines Jon Tanaka

2022/12/08 by Christopher Caillavet Leave a Comment

US developer Hines has joined the stampede into Japan’s rental residential market with the purchase of 11 multi-family properties on behalf of the firm’s flagship pan-Asian fund.

Spanning over 14,000 square metres (150,695 square feet) across more than 400 units… Read More>>

US developer Hines has joined the stampede into Japan’s rental residential market with the purchase of 11 multi-family … Read more>>>

Andrew Lim group chief operating officer at CapitaLand

CapitaLand Investment Promotes Andrew Lim to Group COO

Andrew Lim group chief operating officer at CapitaLand

2022/12/08 by Michael Cole Leave a Comment

With around $63 billion in real estate funds now under management, CapitaLand Investment is bulking up its senior management with a series of moves announced on Thursday.

The fund management division of CapitaLand Group has promoted its group chief financial… Read More>>

With around $63 billion in real estate funds now under management, CapitaLand Investment is bulking up its senior … Read more>>>

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