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Henry Bott Swire

Asia Real Estate People in the News 2023-01-30

Henry Bott Swire

2023/01/30 by Michael Cole Leave a Comment

One of Hong Kong’s best known conglomerates leads this week’s set of personnel updates on Mingtiandi as Hong Kong’s John Swire and Sons announces new leadership for its US property business. Also making the list are senior level appointments at… Read More>>

One of Hong Kong’s best known conglomerates leads this week’s set of personnel updates on Mingtiandi as Hong Kong’s John … Read more>>>

NEX Mercatus

Frasers Group JV Buys Half-Stake in Mercatus Singapore Mall for $497M

NEX Mercatus

2023/01/27 by Beatrice Laforga Leave a Comment

The manager of Frasers Centrepoint Trust and its sponsor, Singapore-listed property developer Frasers Property, have teamed up to acquire a 50 percent stake in the largest mall in northeast Singapore from Mercatus Co-operative Ltd for S$652.5 million ($497 million).

FCT’s… Read More>>

The manager of Frasers Centrepoint Trust and its sponsor, Singapore-listed property developer Frasers Property, have … Read more>>>

Bernard Arnault LVMH

LVMH-Backed L Catterton Invests in Hulic Redevelopment Project in Osaka

Bernard Arnault LVMH

2023/01/27 by Christopher Caillavet Leave a Comment

Global fund manager L Catterton has taken a stake in an Osaka redevelopment project led by Japanese property group Hulic as an upswing in international investment in Japanese real estate spreads to the country’s third-largest city.

The 28-storey building in… Read More>>

Global fund manager L Catterton has taken a stake in an Osaka redevelopment project led by Japanese property group Hulic … Read more>>>

Ismail Gafoor of PropNex Realty

Singapore Home Price Growth Eases to More Than Two-Year Low as Sales Slide

Ismail Gafoor of PropNex Realty

2023/01/27 by Christopher Caillavet Leave a Comment

Singapore’s private home prices inched up 0.4 percent in the fourth quarter of 2022 compared with levels in the prior three months to record the slowest growth pace in more than two years, according to data from the Urban Redevelopment… Read More>>

Singapore’s private home prices inched up 0.4 percent in the fourth quarter of 2022 compared with levels in the prior … Read more>>>

Shanghai Pudong Lujiazui (Getty Images)

Shanghai Commercial Property Investment Fell 23% in 2022

Shanghai Pudong Lujiazui (Getty Images)

2023/01/27 by Greg Isaacson Leave a Comment

Major trades of investment properties in Shanghai fell by more than one-fifth in terms of value from 2021 to 2022, according to reports by property brokerages, as COVID-19 restrictions and economic weakness derailed deals during the second and third quarters… Read More>>

Major trades of investment properties in Shanghai fell by more than one-fifth in terms of value from 2021 to 2022, … Read more>>>

Gautam Adani (Getty Images)

Stock Meltdown Casts Doubt on Adani Share Sale and More Asia Real Estate Headlines

Gautam Adani (Getty Images)

2023/01/27 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, the fallout from a short-seller report jeopardises Adani’s secondary share offering, and retail rents fall in Singapore’s central region as islandwide vacancy improves.

Adani Slammed by $48B Stock Rout, Clouding… Read More>>

In today’s roundup of regional news headlines, the fallout from a short-seller report jeopardises Adani’s secondary … Read more>>>

Sonny Kalsi BentallGreenOak

BentallGreenOak Buying Landmark Osaka Hotel for Reported $385M

Sonny Kalsi BentallGreenOak

2023/01/26 by Greg Isaacson Leave a Comment

North American fund manager BentallGreenOak is acquiring a landmark hotel in Osaka for an undisclosed price believed to be at least JPY 50 billion ($385 million), as a rebound in cross-border travel strengthens interest in Japan’s hospitality sector.

The $80… Read More>>

North American fund manager BentallGreenOak is acquiring a landmark hotel in Osaka for an undisclosed price believed to … Read more>>>

Singapore Trade Union Buys Six Shophouses on Serangoon Road For $48M

2023/01/26 by Beatrice Laforga Leave a Comment

A union affiliated with Singapore’s National Trades Union Congress (NTUC) has purchased a block of six shophouses along Serangoon Road for S$62.5 million ($47.65 million), according to public records seen by Mingtiandi.

The row of two-storey freehold properties at 322-332… Read More>>

A union affiliated with Singapore’s National Trades Union Congress (NTUC) has purchased a block of six shophouses along … Read more>>>

Ronshine chairman and CEO Ou Zonghong

Ronshine China Holdings Defaults on $420M Offshore Bond

Ronshine chairman and CEO Ou Zonghong

2023/01/26 by Christopher Caillavet Leave a Comment

Mainland developer Ronshine China Holdings has defaulted on a $420 million offshore bond, offering a fresh sign that the debt crisis in Asia’s biggest real estate market is far from over.

The Singapore-listed notes, issued in July 2019, carry a… Read More>>

Mainland developer Ronshine China Holdings has defaulted on a $420 million offshore bond, offering a fresh sign that the … Read more>>>

Amelie Delaunay - ANREV

APAC Investors Boost Allocations to Real Estate: ANREV

Amelie Delaunay - ANREV

2023/01/26 by Christopher Caillavet Leave a Comment

Institutional investors worldwide look set to maintain their allocations to real estate this year, with the Asia Pacific cohort even planning to raise its percentage, according to data compiled by a group of non-profits serving the property investor community.

Investors… Read More>>

Institutional investors worldwide look set to maintain their allocations to real estate this year, with the Asia Pacific … Read more>>>

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MTD TV

Aaron Lee, Dash Living
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