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Choo Chong Ngen

Singapore Hotel Group Acquires Oakwood Serviced Apartments in Bangkok for $30M

Choo Chong Ngen

2022/12/01 by Pawara Laothamatas Leave a Comment

Worldwide Hotels Group has acquired a newly completed serviced apartment complex along Bangkok’s Sukhumvit Road for THB 1.1 billion ($30.6 million), adding to a string of Thai hospitality acquisitions by the Singaporean budget hotel investor and operator.

Worldwide Hotels, which… Read More>>

Worldwide Hotels Group has acquired a newly completed serviced apartment complex along Bangkok’s Sukhumvit Road for THB … Read more>>>

sherman kwek CDL

Low Inventory Slowed CDL’s Q3 Home Sales in Singapore

sherman kwek CDL

2022/12/01 by Christopher Caillavet Leave a Comment

City Developments Ltd maintained what it dubbed a “resilient performance” across business segments in the third quarter of 2022, as the Singaporean property giant’s sales slowed in the absence of new project launches.

CDL and its joint venture associates sold… Read More>>

City Developments Ltd maintained what it dubbed a “resilient performance” across business segments in the third quarter … Read more>>>

520 Wickham Street Brisbane

M&G Sells Brisbane Office Block at a Loss and More Asia Real Estate Headlines

520 Wickham Street Brisbane

2022/12/01 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, a Brisbane office building changes hands between two global investment managers, Canada’s Brookfield acquires a Sydney industrial site, and China’s new home prices continue their slide.

M&G Sells Brisbane Office… Read More>>

In today’s roundup of regional news headlines, a Brisbane office building changes hands between two global investment … Read more>>>

Sunac China Chairman Sun Hongbin

Sunac China Warns of 207% Plunge in 2021 Profit as Impairments Emerge

Sunac China Chairman Sun Hongbin

2022/11/30 by Christopher Caillavet Leave a Comment

Sunac China Holdings issued an updated profit warning on Tuesday, pointing to an evaporation in earning power as the troubled developer grapples with billions of dollars in debt and an ongoing winding-up petition.

For the full year of 2021, Sunac… Read More>>

Sunac China Holdings issued an updated profit warning on Tuesday, pointing to an evaporation in earning power as the … Read more>>>

Equinix Jeremy Deutsch

Equinix Enters Malaysia With $40M Investment in Johor Data Centre

Equinix Jeremy Deutsch

2022/11/30 by Christopher Caillavet Leave a Comment

Equinix on Wednesday announced its entry into Malaysia with a plan to build a hyperscale data centre in Johor state at an initial investment of $40 million, as rising demand continues to propel the digital infrastructure race in Southeast Asian… Read More>>

Equinix on Wednesday announced its entry into Malaysia with a plan to build a hyperscale data centre in Johor state at … Read more>>>

hong kong housing

Hong Kong Faces 25% Slump From Home Price Peak and More Asia Real Estate Headlines

hong kong housing

2022/11/30 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, analysts offer a sobering take on Hong Kong’s deepening housing slump, and the billionaire power couple behind Soho China put on a masterclass in wealth preservation.

Hong Kong Home Prices… Read More>>

In today’s roundup of regional news headlines, analysts offer a sobering take on Hong Kong’s deepening housing slump, … Read more>>>

Jeff Aronson Centerbridge (Centerbridge)

GIC, Centerbridge Seek Buyout of US Industrial REIT in $660M Deal

Jeff Aronson Centerbridge (Centerbridge)

2022/11/29 by Christopher Caillavet Leave a Comment

GIC has joined forces with US private equity firm Centerbridge Partners on a proposed takeover of Indus Realty Trust, chalking up the Singapore sovereign wealth fund’s third pitch to buy out a North American REIT since September.

Under the terms… Read More>>

GIC has joined forces with US private equity firm Centerbridge Partners on a proposed takeover of Indus Realty Trust, … Read more>>>

AMK Hub meratus 1, CapitaLand, Link REIT Circling Singapore Mall Portfolio

Link REIT Tipped to Win Singapore Mall Deal and More Asia Real Estate Headlines

AMK Hub meratus 1, CapitaLand, Link REIT Circling Singapore Mall Portfolio

2022/11/29 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Asian property giant Link REIT reportedly closes in on the acquisition of a Singapore mall portfolio, and China regulators pull out the stops to help the nation’s ailing developers.

Link… Read More>>

In today’s roundup of regional news headlines, Asian property giant Link REIT reportedly closes in on the acquisition of … Read more>>>

Martin Lee

Henderson Land Unveils Plan for Central’s Site 3 in Hong Kong

Martin Lee

2022/11/29 by Pawara Laothamatas Leave a Comment

Henderson Land Development has submitted a design plan for its Site 3 harbourfront development in Hong Kong’s Central district, according to an application by the builder to the Town Planning Board, with the project expected to be worth as much… Read More>>

Henderson Land Development has submitted a design plan for its Site 3 harbourfront development in Hong Kong’s Central … Read more>>>

Chris Edwards Flexigroup

Trio of APAC Co-Working Operators Merged as Industry Consolidates

Chris Edwards Flexigroup

2022/11/29 by Christopher Caillavet Leave a Comment

An APAC player is having a go at building a WeWork-style empire, with newcomer Flexi Group announcing its consolidation of three regional operators to create what it bills as Asia Pacific’s largest operator of flexible workspaces.

The startup led by… Read More>>

An APAC player is having a go at building a WeWork-style empire, with newcomer Flexi Group announcing its consolidation … Read more>>>

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