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Lofter auction

Lofter, SC Capital Win Full Control of Ap Lei Chau Site With $20M Compulsory Sale

Lofter auction

2023/03/30 by Christopher Caillavet Leave a Comment

Hong Kong’s Lofter Group on Wednesday acquired full ownership of a redevelopment site on Ap Lei Chau Island at a compulsory auction, with the value-add specialist now poised to transform the set of ageing buildings into a residential and retail… Read More>>

Hong Kong’s Lofter Group on Wednesday acquired full ownership of a redevelopment site on Ap Lei Chau Island at a … Read more>>>

Country Garden Center In Shanghai

China’s Country Garden Posts First Loss Ever and More Asia Real Estate Headlines

Country Garden Center In Shanghai

2023/03/30 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, top China developer Country Garden posts its first-ever loss since its public listing, and a Singapore-listed US REIT announces a leadership transition.

Country Garden Reports First Loss Since 2007 Listing… Read More>>

In today’s roundup of regional news headlines, top China developer Country Garden posts its first-ever loss since its … Read more>>>

Ren Letian of Yangzijiang Shipbuilding

Viva Land Selling Singapore Office Tower at 20% Mark-Down After Vietnam Arrests

Ren Letian of Yangzijiang Shipbuilding

2023/03/30 by Michael Cole Leave a Comment

Viva Land has agreed to sell 39 Robinson Road in Singapore for S$399 million ($300 million), parting with the core office asset at a more than 20 percent mark-down just over five months after a Vietnamese tycoon linked to the… Read More>>

Viva Land has agreed to sell 39 Robinson Road in Singapore for S$399 million ($300 million), parting with the core … Read more>>>

Kathy Lee Colliers Hong Kong

Reopening Buoys Market as Hong Kong Home Prices Rise for Second Straight Month

Kathy Lee Colliers Hong Kong

2023/03/29 by Christopher Caillavet Leave a Comment

A broad gauge of Hong Kong’s private home prices rose by 2.2 percent in February, marking a second consecutive monthly increase and a four-month peak, according to statistics released by the government on Wednesday.

The index of territory-wide pre-owned homes… Read More>>

A broad gauge of Hong Kong’s private home prices rose by 2.2 percent in February, marking a second consecutive monthly … Read more>>>

Cross Street Exchange

Singapore Central Business District Office Rent Growth Slowed to 1% in Q1

Cross Street Exchange

2023/03/29 by Christopher Caillavet Leave a Comment

Grade A office rents in Singapore’s central business district rose 1 percent in the first quarter of 2023 compared with the previous three months as growth slowed for the second quarter in a row, according to JLL.

Gross effective rent… Read More>>

Grade A office rents in Singapore’s central business district rose 1 percent in the first quarter of 2023 compared with … Read more>>>

Sunac Guangzhou

Sunac China Sweetens Offshore Debt Deal and More Asia Real Estate Headlines

Sunac Guangzhou

2023/03/29 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, developer Sunac China reaches a deal with holders of 30 percent of its offshore debt, and Best Mart 360’s co-founders enter an agreement to sell a large stake in the Hong Kong store… Read More>>

In today’s roundup of regional news headlines, developer Sunac China reaches a deal with holders of 30 percent of its … Read more>>>

Hyatt Regency Tokyo

KKR and Gaw to Buy Hyatt Regency Tokyo From Odakyu Electric Railway

Hyatt Regency Tokyo

2023/03/28 by Christopher Caillavet Leave a Comment

KKR has teamed up with Hong Kong’s Gaw Capital Partners to buy the Hyatt Regency Tokyo from Odakyu Electric Railway, giving the US private equity giant its first hotel asset in Japan.

Funds managed by the two investment firms have… Read More>>

KKR has teamed up with Hong Kong’s Gaw Capital Partners to buy the Hyatt Regency Tokyo from Odakyu Electric Railway, … Read more>>>

Gamuda founder and managing director Lin Yun Ling

Malaysia’s Gamuda Leading $316M Buy of Deutsche Bank London HQ From China’s CIC

Gamuda founder and managing director Lin Yun Ling

2023/03/28 by Beatrice Laforga Leave a Comment

A Malaysian conglomerate is betting it can make a quick ringgit in a depressed London office market with Gamuda Berhad announcing on Monday that it has teamed up with UK investment manager Castleforge Partners to acquire Deutsche Bank’s UK headquarters… Read More>>

A Malaysian conglomerate is betting it can make a quick ringgit in a depressed London office market with Gamuda Berhad … Read more>>>

Sun Dongping New Ease D&J

DNE Group Launches $870M Onshore Fund to Invest in China New Economy Assets

Sun Dongping New Ease D&J

2023/03/28 by Christopher Caillavet Leave a Comment

China’s DNE Group has set up an onshore fund with a total investment of RMB 6 billion ($870 million), as the Warburg Pincus-backed industrial developer looks to pursue investment opportunities in new economy infrastructure assets in key economic hubs.

The… Read More>>

China’s DNE Group has set up an onshore fund with a total investment of RMB 6 billion ($870 million), as the Warburg … Read more>>>

Jurong Point

Link REIT’s $2.4B Rights Issue Oversubscribed and More Asia Real Estate Headlines

Jurong Point

2023/03/28 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Asia’s biggest listed property trust gets a strong response to its rights issue, and troubled mainland China developer Shimao puts a Hong Kong hotel up for sale as it struggles to pay down… Read More>>

In today’s roundup of regional news headlines, Asia’s biggest listed property trust gets a strong response to its rights … Read more>>>

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