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Diarmid Massey, CEO, Data Centre, ESR

ESR, Stack Team Up Again for 72MW Osaka Data Centre Campus

Diarmid Massey, CEO, Data Centre, ESR

2022/12/05 by Beatrice Laforga Leave a Comment

Just three months after announcing an initial joint venture in Korea, ESR Group has teamed up with US-based operator Stack Infrastructure once again to develop a 72-megawatt Japan data centre campus targeting hyperscale customers.

ESR and Stack will jointly build… Read More>>

Just three months after announcing an initial joint venture in Korea, ESR Group has teamed up with US-based operator … Read more>>>

Alan Cheong, Alan Cheong, executive director for research at Savills

Singapore Shops Sees Vacancy Fall to Pre-Pandemic Levels

Alan Cheong, Alan Cheong, executive director for research at Savills

2022/12/05 by Beatrice Laforga Leave a Comment

Singapore’s retail property market has ended a three-year freefall as vacancy in the third quarter reached its lowest level since 2019 and prime rents began heading northward, according to a recent report.

The average vacancy level for retail space in… Read More>>

Singapore’s retail property market has ended a three-year freefall as vacancy in the third quarter reached its lowest … Read more>>>

Gardens by the Bay, Singapore, Singapore. Architect: Wilkinson Eyre Architects, 2011.

Tender Launched for Central Singapore Site and More Asia Real Estate Headlines

Gardens by the Bay, Singapore, Singapore. Architect: Wilkinson Eyre Architects, 2011.

2022/12/05 by Michael Cole Leave a Comment

A government move to sell a mixed-use site in Singapore’s urban core leads today’s real estate headlines from around the region, with Brookfield also making the list as the Canadian giant says it is scouting for more assets in China…. Read More>>

A government move to sell a mixed-use site in Singapore’s urban core leads today’s real estate headlines from around the … Read more>>>

Frank Khoo CDL

Asia Real Estate People in the News 2022-12-05

Frank Khoo CDL

2022/12/05 by Michael Cole Leave a Comment

A director change at a Singapore-listed REIT leads this week’s collection of personnel moves from around the region, as Singapore’s CDL sees the departure of its chief investment officer. There’s also a new finance boss at Hong Kong-listed Kerry Properties,… Read More>>

A director change at a Singapore-listed REIT leads this week’s collection of personnel moves from around the region, as … Read more>>>

Sunac Sun Hongbin

Sunac Sells 90% Stake In Shanghai Project For $1.7B 

Sunac Sun Hongbin

2022/12/04 by Beatrice Laforga Leave a Comment

Sunac China has sold nearly 90 percent of its interest in a development project in Shanghai’s Huangpu district to a pair of state-owned investment firms for an estimated RMB 12 billion ($1.7 billion), as the troubled mainland builder continues to… Read More>>

Sunac China has sold nearly 90 percent of its interest in a development project in Shanghai’s Huangpu district to a pair … Read more>>>

Vincent Lo Shui on land

Shui On JV Wins Shanghai Residential Plot With $340M Bid

Vincent Lo Shui on land

2022/12/04 by Christopher Caillavet Leave a Comment

A joint venture led by Shui On Land has won the land-use rights to develop a residential project on a plot in Shanghai’s Yangpu district with a bid of RMB 2.38 billion ($340 million).

A wholly owned subsidiary of Shui… Read More>>

A joint venture led by Shui On Land has won the land-use rights to develop a residential project on a plot in Shanghai’s … Read more>>>

Scalpel office building London

Weaker Pound Lets APAC Investors Dominate London Office Market in 2022

Scalpel office building London

2022/12/04 by Christopher Caillavet Leave a Comment

Asia Pacific-based capital has led inbound office investment in central London this year as overseas buyers take advantage of a weakening pound, according to an analysis by BNP Paribas Real Estate.

Based on third-quarter data, APAC-based investment stood at £4.8… Read More>>

Asia Pacific-based capital has led inbound office investment in central London this year as overseas buyers take … Read more>>>

Country Garden Property

China Backs Offshore Loans for Builders and More Asia Real Estate Headlines

Country Garden Property

2022/12/04 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Chinese regulators order key banks to issue offshore loans to help “good quality” developers retire debt, while Evergrande’s chairman vows that the company will meet its home delivery target for 2022 and Country… Read More>>

In today’s roundup of regional news headlines, Chinese regulators order key banks to issue offshore loans to help “good … Read more>>>

Keith Fujii Lasalle

LaSalle Buying Home of Tokyo WeWork Location From Blackstone For $98M

Keith Fujii Lasalle

2022/12/01 by Beatrice Laforga Leave a Comment

LaSalle Investment Management has agreed to buy a mixed-use tower in an upscale Tokyo neighbourhood from Blackstone for close to JPY 13.5 billion ($98 million), Mingtiandi has learned, adding to its Japan core property fund as leasing improves in the… Read More>>

LaSalle Investment Management has agreed to buy a mixed-use tower in an upscale Tokyo neighbourhood from Blackstone for … Read more>>>

Isabella Lo, Managing Director and Head of Japan at Gaw Capital

Gaw Capital Completes Purchase of 7 Greater Tokyo Sheds From Blackstone

Isabella Lo, Managing Director and Head of Japan at Gaw Capital

2022/12/01 by Christopher Caillavet Leave a Comment

Hong Kong’s Gaw Capital Partners has completed its acquisition of seven Japanese logistics assets from Blackstone, with the family-controlled firm planning to unlock the “hidden value” of the portfolio through a series of value-add strategies.

The warehouse set spans 253,200… Read More>>

Hong Kong’s Gaw Capital Partners has completed its acquisition of seven Japanese logistics assets from Blackstone, with … Read more>>>

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