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Macquarie Buys Into SG Data Centre Firm’s UK Unit and More Asia Real Estate Headlines

2022/08/03 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, Aussie giant Macquarie’s fund management arm picks up a stake in the UK unit of Singapore’s ST Telemedia Global Data Centres, Hongkongers lose their appetite for Greater Bay Area homes, and luxury brand… Read More>>

In today’s roundup of regional news headlines, Aussie giant Macquarie’s fund management arm picks up a stake in the UK … Read more>>>

Bryan Southergill

Ares Hires Bryan Southergill to Run Asia Real Estate Business

Bryan Southergill

2022/08/03 by Michael Cole Leave a Comment

After more than eight years leading real estate investments for KKR in Asia, Bryan Southergill has taken on a new role establishing a property team for Ares Management in the region.

The veteran fund manager started his new role on… Read More>>

After more than eight years leading real estate investments for KKR in Asia, Bryan Southergill has taken on a new role … Read more>>>

carol Lofter Group

Lofter Group Closing In on $242M Kowloon Commercial Project

carol Lofter Group

2022/08/03 by Pawara Laothamatas Leave a Comment

Hong Kong’s Lofter Group is moving closer to building a HK$1.9 billion ($242 million) commercial tower in Kowloon, having this week applied for a compulsory sale to acquire full ownership of an ageing building in Jordan with a pair of… Read More>>

Hong Kong’s Lofter Group is moving closer to building a HK$1.9 billion ($242 million) commercial tower in Kowloon, … Read more>>>

Suntec City Tower

Singapore Strata Office Sales Plunge, Prices Rise as Supply Dries Up

Suntec City Tower

2022/08/03 by Christopher Caillavet Leave a Comment

Singapore’s strata office sales amounted to S$365.1 million ($265 million) in the first half of 2022, marking a 15.7 percent decline from the prior six months and a 48.1 percent plunge on year-earlier levels, according to Knight Frank.

A total… Read More>>

Singapore’s strata office sales amounted to S$365.1 million ($265 million) in the first half of 2022, marking a 15.7 … Read more>>>

china housing

China Home Prices Post Rare Decline and More Asia Real Estate Headlines

china housing

2022/08/03 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, China’s new home prices post a rare decline amid a growing boycott crisis, banking giant HSBC continues to push back against break-up pressure, and Hong Kong lender Hang Seng reports a profit plunge… Read More>>

In today’s roundup of regional news headlines, China’s new home prices post a rare decline amid a growing boycott … Read more>>>

ESR-REIT chief executive Adrian Chui

ESR-Logos REIT Selling Jurong East Warehouse to ST Logistics for $32M

ESR-REIT chief executive Adrian Chui

2022/08/01 by Beatrice Laforga Leave a Comment

It was a busy week for ESR-Logos REIT after its manager announced back-to-back deals, with the S$43.5 million ($32 million) sale of a warehouse in Jurong East to local logistics firm ST Logistics coming on the heels of sponsor ESR… Read More>>

It was a busy week for ESR-Logos REIT after its manager announced back-to-back deals, with the S$43.5 million ($32 … Read more>>>

Ben Keswick Hongkong Land

Hongkong Land Swings to H1 Profit, Cautious on Full-Year Results

Ben Keswick Hongkong Land

2022/08/01 by Christopher Caillavet Leave a Comment

Hongkong Land posted a first-half profit attributable to shareholders of $292 million, reversing a year-earlier loss of $865 million, but the builder remains lukewarm on the full-year outlook as anti-COVID measures roil office leasing in its home patch and sporadic… Read More>>

Hongkong Land posted a first-half profit attributable to shareholders of $292 million, reversing a year-earlier loss of … Read more>>>

Xu Yongjun China Merchants Shekou

China Merchants Shekou Buys Five Shanghai Sites for $1.3B

Xu Yongjun China Merchants Shekou

2022/08/01 by Mingtiandi Team Leave a Comment

China Merchants Shekou Industrial Zone Holdings is doubling down on its expansion in Shanghai, spending RMB 8.74 billion ($1.3 billion) this past week to pick up stakes in five sites in China’s commercial capital.

In Shanghai’s second land auction of… Read More>>

China Merchants Shekou Industrial Zone Holdings is doubling down on its expansion in Shanghai, spending RMB 8.74 billion … Read more>>>

china housing

China Mortgage Losses Could Hit $350B and More Asia Real Estate Headlines

china housing

2022/08/01 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, China’s property crisis threatens to blow a $350 billion hole in the banking system’s mortgage portfolio, a Hong Kong political figure urges the appointment of Ping An reps to HSBC’s board, and debt-stricken… Read More>>

In today’s roundup of regional news headlines, China’s property crisis threatens to blow a $350 billion hole in the … Read more>>>

Wu Bingqi CR Land

Asia Real Estate People in the News 2022-08-01

Wu Bingqi CR Land

2022/08/01 by Michael Cole Leave a Comment

Leadership changes at mainland real estate firms lead this week’s collection of personnel moves from around the region, as China Resources Land announces a new president at the same time that Shimao Services and LVGEM China say goodbye to non-executive… Read More>>

Leadership changes at mainland real estate firms lead this week’s collection of personnel moves from around the region, … Read more>>>

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