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Yanlord chairman Zhong Sheng Jian

Pair of Sites in Singapore’s Lentor Hills Sold for $543M as Bidding Underwhelms

Yanlord chairman Zhong Sheng Jian

2022/09/13 by Christopher Caillavet Leave a Comment

Two land parcels within the new Lentor Hills estate were auctioned off by Singapore’s Urban Redevelopment Authority on Tuesday, with a consortium led by Chinese-owned United Engineers winning the larger of the two residential development sites with a bid of… Read More>>

Two land parcels within the new Lentor Hills estate were auctioned off by Singapore’s Urban Redevelopment Authority on … Read more>>>

PDG Says Ready for Competition in Asia Hyperscale Market: MTD TV

2022/09/13 by Beatrice Laforga Leave a Comment

https://player.vimeo.com/video/749036147?h=7f0161cfa7Video can’t be loaded because JavaScript is disabled: Mingtiandi APAC Data Centre Forum 2022: Spotlight Interview with Princeton Digital Group (https://player.vimeo.com/video/749036147?h=7f0161cfa7)

  After raising $505 million in fresh funding this year, Princeton Digital Group sees room for… Read More>>

https://player.vimeo.com/video/749036147?h=7f0161cfa7   After raising $505 million in fresh funding this year, … Read more>>>

Eu Chin Fen FHT Frasers

Frasers Hospitality Trust Privatisation Fails as Vote Falls Just Short

Eu Chin Fen FHT Frasers

2022/09/13 by Christopher Caillavet Leave a Comment

Frasers Property’s take-private scheme for Singapore-listed Frasers Hospitality Trust came up short by the barest of margins at a Monday vote, as unitholders representing 74.88 percent of the trust’s stapled securities approved the proposal, narrowly missing the 75 percent threshold… Read More>>

Frasers Property’s take-private scheme for Singapore-listed Frasers Hospitality Trust came up short by the barest of … Read more>>>

China Evergrande Centre Wanchai

Seizure of Evergrande Hong Kong HQ Confirmed and More Asia Real Estate Headlines

China Evergrande Centre Wanchai

2022/09/13 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, the seizure of China Evergrande’s Hong Kong headquarters is confirmed by public records as the debt-saddled developer pledges to restart dozens of stalled projects. Meanwhile, New York-based SL Green announces its acquisition of… Read More>>

In today’s roundup of regional news headlines, the seizure of China Evergrande’s Hong Kong headquarters is confirmed by … Read more>>>

Soong Hee Sang

Singapore’s Mercatus Said Marketing Stake In $790M Sydney Office Tower

Soong Hee Sang

2022/09/12 by Beatrice Laforga Leave a Comment

Singapore’s Mercatus Co-operative is continuing to sell down its real estate portfolio, with sources familiar with the company’s plans saying that it is preparing to sell off a one-third interest in a Sydney office tower which it acquired just over… Read More>>

Singapore’s Mercatus Co-operative is continuing to sell down its real estate portfolio, with sources familiar with the … Read more>>>

Hannah Jeong Colliers

$1B West Kowloon Commercial Project Up for Tender in Hong Kong

Hannah Jeong Colliers

2022/09/12 by Pawara Laothamatas Leave a Comment

Hong Kong developers have once again been invited to submit bids for a commercial project in the city’s West Kowloon area which could be worth as much as HK$10.7 billion ($1.36 billion) upon completion.

The West Kowloon Cultural District Authority,… Read More>>

Hong Kong developers have once again been invited to submit bids for a commercial project in the city’s West Kowloon … Read more>>>

Hong Kong ICC

Hong Kong Office Vacancy Climbed to 9.6% in July

Hong Kong ICC

2022/09/12 by Mingtiandi Team Leave a Comment

Vacancy in Hong Kong’s Grade A office market rose in July, as low-season supply expanded and headwinds from rising coronavirus cases dragged on the market and thwarted any easing of tight border restrictions.

The overall vacancy rate rose to 9.6… Read More>>

Vacancy in Hong Kong's Grade A office market rose in July, as low-season supply expanded and headwinds from rising … Read more>>>

Singapore Condo Complex on the Market for $358M and More Asia Real Estate Headlines

2022/09/12 by Michael Cole Leave a Comment

Singapore developer appetites for more redevelopment projects will be tested in the coming weeks as another set of condo owners band together to market their homes, despite a number of failed tenders in recent weeks. Also in the news today,… Read More>>

Singapore developer appetites for more redevelopment projects will be tested in the coming weeks as another set of condo … Read more>>>

Zheng Wei Kaisa

Asia Real Estate People in the News 2022-09-12

Zheng Wei Kaisa

2022/09/12 by Michael Cole Leave a Comment

China’s defaulting developers lead this week’s list of personnel moves from around the region as a pair of Hong Kong-listed players announce changes to their senior management. Also making the list is a former ARA Asset Management deputy CEO who… Read More>>

China’s defaulting developers lead this week’s list of personnel moves from around the region as a pair of Hong … Read more>>>

Xu Jiayin Evergrande

Lenders Move to Seize Evergrande’s Hong Kong Headquarters 

Xu Jiayin Evergrande

2022/09/11 by Christopher Caillavet Leave a Comment

China Evergrande’s struggle to pay its debts produced more drama this past week as lenders to the world’s most indebted developer took steps to seize its Hong Kong headquarters.

The unidentified lenders to Shenzhen-based Evergrande have appointed a receiver to… Read More>>

China Evergrande’s struggle to pay its debts produced more drama this past week as lenders to the world’s most indebted … Read more>>>

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