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Keppel DC REIT Acquisitions Boost Distributions and More Asia Real Estate Headlines

2022/07/26 by Pawara Laothamatas Leave a Comment

In today’s roundup of regional news headlines, Singapore-listed Keppel DC REIT reports 2.5 percent year-on-year growth in its distribution per unit for the first half of 2022, as Mapletree Industrial Trust posts a 4.2 percent boost and CapitaLand China Trust… Read More>>

In today’s roundup of regional news headlines, Singapore-listed Keppel DC REIT reports 2.5 percent year-on-year growth … Read more>>>

Stuart Gibson of ESR

ESR Exceeds $1B in Capital for First Closing of Inaugural Data Centre Fund

Stuart Gibson of ESR

2022/07/25 by Michael Cole Leave a Comment

Real asset manager ESR announced on Monday that it has raised more than $1 billion for its first financing vehicle dedicated to data centre projects.

Having assembled a pipeline of eight projects representing over 300 megawatts in capacity across Asia,… Read More>>

Real asset manager ESR announced on Monday that it has raised more than $1 billion for its first financing vehicle … Read more>>>

Hubert Chak, Executive Director and Chief Executive Officer, SF REIT

SF REIT, Cushman & Wakefield and Baker Mac Lead Greater China REIT Show

Hubert Chak, Executive Director and Chief Executive Officer, SF REIT

2022/07/25 by Michael Cole Leave a Comment

The evolution of Greater China’s real estate investment trusts takes centre stage on MTD TV on Tuesday, 26 July with a panel discussion which brings the chief executive of one of the region’s newest REITs together with a veteran valuer… Read More>>

The evolution of Greater China’s real estate investment trusts takes centre stage on MTD TV on Tuesday, 26 July with a … Read more>>>

Xia Haijun, CEO of Evergrande

Evergrande Fires CEO and CFO Over Alleged Illicit Loan Scheme

Xia Haijun, CEO of Evergrande

2022/07/25 by Christopher Caillavet Leave a Comment

China Evergrande forced its chief executive and chief financial officer to resign last week, citing their involvement in a scheme in which loans secured by pledge guarantees were transferred and diverted back to the debt-saddled developer via unnamed third parties… Read More>>

China Evergrande forced its chief executive and chief financial officer to resign last week, citing their involvement in … Read more>>>

Albert Yeung Emperor International

Shouson Hill Home Sells for $55M as Turbulence Challenges HK Luxury Market

Albert Yeung Emperor International

2022/07/25 by Christopher Caillavet Leave a Comment

A villa has sold for HK$435 million ($55.4 million) at No.15 Shouson in Hong Kong Island’s Deep Water Bay, showing resilience in demand for high-end homes as higher interest rates threaten to tamp down luxury market sentiment.

House 11 in… Read More>>

A villa has sold for HK$435 million ($55.4 million) at No.15 Shouson in Hong Kong Island’s Deep Water Bay, showing … Read more>>>

people's bank of china pboc

China Setting Up $44B Developer Bailout Fund and More Asia Real Estate Headlines

people's bank of china pboc

2022/07/25 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, Chinese officials reportedly prepare a rescue fund for debt-stricken mainland developers, a Singapore residential project nearly sells out on its first day of launch, and more Hong Kong homeowners are dumping properties at… Read More>>

In today’s roundup of regional news headlines, Chinese officials reportedly prepare a rescue fund for debt-stricken … Read more>>>

Jennifer Weitzel GLP

Asia Real Estate People in the News 2022-07-25

Jennifer Weitzel GLP

2022/07/25 by Michael Cole Leave a Comment

A pair of senior level hires in the data centre sector lead this week’s collection of personnel moves from around the region with both GLP and the former Colony Capital expanding their teams. Also making the list is a new… Read More>>

A pair of senior level hires in the data centre sector lead this week’s collection of personnel moves from around the … Read more>>>

Shinhan Cho Yong-byoung

KKR, IGIS Buying Shinhan Investment’s Seoul Headquarters for $487M

Shinhan Cho Yong-byoung

2022/07/24 by Christopher Caillavet Leave a Comment

Private equity giant KKR is set to enlarge its footprint in South Korea’s real estate market, teaming up with longtime local partner IGIS Asset Management to acquire Shinhan Investment Corporation’s Seoul headquarters for KRW 639.5 billion ($487 million).

Shinhan Investment… Read More>>

Private equity giant KKR is set to enlarge its footprint in South Korea’s real estate market, teaming up with longtime … Read more>>>

New World's Henry Cheng

New World Puts New Territories Mall on the Market for $764M

New World's Henry Cheng

2022/07/24 by Pawara Laothamatas Leave a Comment

New World Development is looking for a buyer for a retail podium of its Discovery Park development in the New Territories as the Hong Kong-listed developer shops a number of non-core properties in the city, according to market sources.

The… Read More>>

New World Development is looking for a buyer for a retail podium of its Discovery Park development in the New … Read more>>>

Piccadilly Grand

Singapore Private Home Prices Up 3.5% in Q2 as Housing Market Surges

Piccadilly Grand

2022/07/24 by Christopher Caillavet Leave a Comment

Prices of private homes in Singapore rose by 3.5 percent in from April through June, compared with the first three months of the year, accelerating from first-quarter growth of 0.7 percent, according to figures released Friday by the Urban Redevelopment… Read More>>

Prices of private homes in Singapore rose by 3.5 percent in from April through June, compared with the first three … Read more>>>

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