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jeffrey perlman ESR

ESR Exploring Sale of Stake in Cromwell Property Group

jeffrey perlman ESR

2023/03/25 by Christopher Caillavet, Beatrice Laforga Leave a Comment

Hong Kong-listed ESR aims to divest at least $1 billion in assets this year as it continues to focus on its fund management business, and those disposals could include its stake in Cromwell Property Group.

In an earnings webcast on… Read More>>

Hong Kong-listed ESR aims to divest at least $1 billion in assets this year as it continues to focus on its fund … Read more>>>

Repulse Bay 1

Wheelock Boss Splashes $7.6M for HK Condo and More Asia Real Estate Headlines

Repulse Bay 1

2023/03/24 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Douglas Woo of Wheelock & Co bags a luxe apartment in Hong Kong’s Repulse Bay, and mainland developer Sunac warns of a 2022 loss on the order of $4 billion.

… Read More>>

In today’s roundup of regional news headlines, Douglas Woo of Wheelock & Co bags a luxe apartment in Hong Kong’s … Read more>>>

Jonathan Yap CapitaLand

Jonathan Yap Named CapitaLand Development CEO as Leow Retires Early

Jonathan Yap CapitaLand

2023/03/23 by Christopher Caillavet Leave a Comment

Singapore property giant CapitaLand on Thursday announced the upcoming retirement of CapitaLand Development CEO Jason Leow, to be succeeded by Jonathan Yap, the current CEO of listed funds at CapitaLand Investment.

Yap will take the reins from Leow on 5… Read More>>

Singapore property giant CapitaLand on Thursday announced the upcoming retirement of CapitaLand Development CEO Jason … Read more>>>

Australian Housing Crisis Creates Opportunity for Institutional Investors: MTD TV

2023/03/23 by Beatrice Laforga Leave a Comment

https://player.vimeo.com/video/810787847?h=535d556263Video can’t be loaded because JavaScript is disabled: Mingtiandi APAC Residential Forum 2023: Residential Investment in Australia (https://player.vimeo.com/video/810787847?h=535d556263)

  Australian housing prices have fallen by nearly a tenth in the past 12 months, but rising construction costs… Read More>>

https://player.vimeo.com/video/810787847?h=535d556263   Australian housing prices have fallen by nearly a tenth … Read more>>>

Evergrande Real Estate Group Chairman of the Board Hui Ka-yan (Getty Images)

Evergrande Clinches Deal to Restructure $19.1B in Offshore Debt

Evergrande Real Estate Group Chairman of the Board Hui Ka-yan (Getty Images)

2023/03/23 by Christopher Caillavet Leave a Comment

The wait is over for details of China Evergrande’s debt restructuring plan, with the world’s most leveraged developer saying Wednesday that it had secured binding agreements with holders of $19.1 billion of the company’s offshore debt.

The term sheets published… Read More>>

The wait is over for details of China Evergrande’s debt restructuring plan, with the world’s most leveraged developer … Read more>>>

Sutas Kongdumrongkiat NTT

NTT to Develop $90M Data Centre in Thailand’s Eastern Economic Corridor

Sutas Kongdumrongkiat NTT

2023/03/23 by Christopher Caillavet Leave a Comment

The IT infrastructure division of Japanese telecom group NTT is investing THB 3 billion ($90 million) to develop a 12-megawatt data centre as the company’s largest facility in Thailand.

Located 57 kilometres (35.4 miles) from central Bangkok at Amata City… Read More>>

The IT infrastructure division of Japanese telecom group NTT is investing THB 3 billion ($90 million) to develop a … Read more>>>

45 Barker Road Hong Kong

Mansion on Hong Kong’s Peak Eyes Asia Price Record and More Asia Real Estate Headlines

45 Barker Road Hong Kong

2023/03/23 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, a mainland buyer circles a Hong Kong mansion for a potential record-breaking deal, and Evergrande’s restructuring plan receives lukewarm reviews.

Barker Road Mansion Set to Sell for Record Price Per… Read More>>

In today’s roundup of regional news headlines, a mainland buyer circles a Hong Kong mansion for a potential … Read more>>>

jeffrey perlman ESR

ESR Grew Earnings 10% to $1.2B in 2022, AUM Hit Record High

jeffrey perlman ESR

2023/03/22 by Beatrice Laforga Leave a Comment

Growth in fee income and disposals of non-core assets helped propel developer and fund manager ESR Group to a 10 percent increase in profit last year, despite challenging market conditions, according to financial results released by the company on Wednesday.

… Read More>>

Growth in fee income and disposals of non-core assets helped propel developer and fund manager ESR Group to a 10 percent … Read more>>>

Ben Taylor Nuveen

Nuveen, Phoenix, GreenFort and Scape Explore Australia to Close Out Residential Forum

Ben Taylor Nuveen

2023/03/22 by Christopher Caillavet Leave a Comment

The fourth and final session of Mingtiandi’s APAC Residential Forum journeys to Australia on Thursday for a panel discussion examining the country’s investment market for living spaces.

Mingtiandi founder Michael Cole will host four experts on residential investment Down Under:… Read More>>

The fourth and final session of Mingtiandi’s APAC Residential Forum journeys to Australia on Thursday for a panel … Read more>>>

Sofitel Brisbane Central - Facade

Singapore’s CDL Buys Brisbane Hotel From Brookfield for $119M

Sofitel Brisbane Central - Facade

2023/03/22 by Beatrice Laforga Leave a Comment

City Developments Ltd has agreed to buy a five-star hotel in central Brisbane from Canada’s Brookfield Asset Management for A$177.7 million ($119 million), as Australia continues to attract Singaporean investors.

CDL, through a joint venture equally owned by its Millennium… Read More>>

City Developments Ltd has agreed to buy a five-star hotel in central Brisbane from Canada’s Brookfield Asset Management … Read more>>>

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