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Thomas Hirschvogel_PATRIZIA Head of APAC

Germany’s Patrizia Launches $1B Japanese Multi-Family Fund, Expands In Singapore

Thomas Hirschvogel_PATRIZIA Head of APAC

2022/11/14 by Beatrice Laforga Leave a Comment

German asset manager Patrizia has launched a €1 billion ($1.03 billion) Japan-focused fund to acquire core and value-add multi-family assets across the country’s top cities, according to the company’s top executive for the region.

In an interview with Mingtiandi on… Read More>>

German asset manager Patrizia has launched a €1 billion ($1.03 billion) Japan-focused fund to acquire core and value-add … Read more>>>

Kenneth Ho of Goldman Sachs

Goldman Says China Property Support Programme Falls Short of Blanket Bailout

Kenneth Ho of Goldman Sachs

2022/11/14 by Mingtiandi Team Leave a Comment

A rescue package proposed by Chinese authorities on Friday may not be enough to spark immediate relief for investors in the country’s troubled developer bonds according to analysts from Goldman Sachs.

After China’s central bank and top banking regulator rolled… Read More>>

A rescue package proposed by Chinese authorities on Friday may not be enough to spark immediate relief for investors in … Read more>>>

Stirling-Residences Singapore

Singapore Residential Rental Index Hits 24-Year High as Volume Rebounds

Stirling-Residences Singapore

2022/11/14 by Christopher Caillavet Leave a Comment

Residential rents rose at the highest rate ever recorded in Singapore during the third quarter, according to a new report by Savills analysing government data.

Leasing rates for landed and non-landed properties in the Little Red Dot surged 10.9 and… Read More>>

Residential rents rose at the highest rate ever recorded in Singapore during the third quarter, according to a new … Read more>>>

Golden Mile Singapore

Singapore Office Tower on Market for $473M and More Asia Real Estate Headlines

Golden Mile Singapore

2022/11/14 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, a 1970s-era commercial tower heads for collective sale in Singapore, SGX-listed First REIT reportedly targets a portfolio of Aussie healthcare assets, and China’s stimulus measures boost Hong Kong-listed property stocks.

… Read More>>

In today’s roundup of regional news headlines, a 1970s-era commercial tower heads for collective sale in Singapore, … Read more>>>

Xu Xiaoliang Fosun

Asia Real Estate People in the News 2022-11-14

Xu Xiaoliang Fosun

2022/11/14 by Michael Cole Leave a Comment

A top-level overhaul at Fosun Group’s tourism unit leads this week’s collection of personnel moves from around the region, as the struggling company works to rebuild after the pandemic punished many of its businesses and with its parent company struggling… Read More>>

A top-level overhaul at Fosun Group’s tourism unit leads this week’s collection of personnel moves from around the … Read more>>>

sukmawati Widjaja

Widjaja Family Sells Singapore Properties to Mainland Investor for Record Price

sukmawati Widjaja

2022/11/13 by Beatrice Laforga 1 Comment

A Chinese investor has acquired three strata units in an office building along Singapore’s Scotts Road from a company controlled by Indonesia’s Widjaja family for S$10.1 million ($7.33 million), setting the highest price per unit of area ever recorded for… Read More>>

A Chinese investor has acquired three strata units in an office building along Singapore’s Scotts Road from a company … Read more>>>

Zhang Lei Modern Land

Modern Land Chairman Resigns, Becoming Latest Chinese Boss to Step Back

Zhang Lei Modern Land

2022/11/13 by Iris Hong Leave a Comment

A Beijing developer’s founding chairman has resigned from all duties with the company according to an announcement Wednesday by the Hong Kong-listed developer in the latest example of a troubled entrepreneur stepping back from corporate leadership in China,

Zhang Lei… Read More>>

A Beijing developer's founding chairman has resigned from all duties with the company according to an announcement … Read more>>>

Minato Mirai Center Building

APAC Investment Hit by Interest Rate Surge in Q3 as Office Deal Volume Plunges 45%

Minato Mirai Center Building

2022/11/13 by Christopher Caillavet Leave a Comment

Fears of an economic slowdown and higher interest rates squelched sales of income-earning real estate assets in Asia Pacific during the third quarter of 2022, with trades of office properties plunging 45 percent year-on-year to $14.9 billion, according to MSCI… Read More>>

Fears of an economic slowdown and higher interest rates squelched sales of income-earning real estate assets in Asia … Read more>>>

Hong Kong stock exchange

Easing of China COVID Regime Supercharges Stocks and More Asia Real Estate Headlines

Hong Kong stock exchange

2022/11/13 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Chinese stocks get a much-needed boost from Beijing’s move to ease some COVID curbs, Fitch downgrades developer Central China Real Estate after a missed interest payment, and Hong Kong-based expats nab housing bargains.

… Read More>>

In today’s roundup of regional news headlines, Chinese stocks get a much-needed boost from Beijing’s move to ease some … Read more>>>

link-reit-leadership-nicholas-allen-03.jpg

Link REIT Swings to $380M Profit After Years of Losses, Gets Cautious on APAC Expansion 

link-reit-leadership-nicholas-allen-03.jpg

2022/11/10 by Beatrice Laforga Leave a Comment

Hong Kong’s Link REIT rebounded to a HK$2.99 billion ($380 million) profit in the six months ending September after reporting full-year losses for the last two years, with its top officials noting that Asia’s largest REIT is acting “with heightened… Read More>>

Hong Kong’s Link REIT rebounded to a HK$2.99 billion ($380 million) profit in the six months ending September after … Read more>>>

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