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Asia Square Tower

Ontario Teachers to Double Singapore Staff and More Asia Real Estate Headlines

Asia Square Tower

2022/10/04 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, a Canadian pension fund giant eyes a major staffing increase in Singapore, where yet another condo has been relaunched for collective sale, this time at an expansive site in Serangoon Gardens.

Read More>>

In today’s roundup of regional news headlines, a Canadian pension fund giant eyes a major staffing increase in … Read more>>>

Stephane Delatte Pierfront

Keppel-Backed Pierfront Capital Achieves $700M Final Closing for 2nd Private Credit Fund

Stephane Delatte Pierfront

2022/10/03 by Christopher Caillavet Leave a Comment

Pierfront Capital Fund Management has announced the final closing of its second private credit fund, with the vehicle’s total investable capital (including co-investment commitments) having reached $700 million.

According to the Singapore-based firm, which is owned on a 50:50 basis… Read More>>

Pierfront Capital Fund Management has announced the final closing of its second private credit fund, with the vehicle’s … Read more>>>

Ismail Gafoor PropNex

Singapore Home Prices Rise For 10th Quarter Despite Tougher Conditions

Ismail Gafoor PropNex

2022/10/03 by Beatrice Laforga Leave a Comment

Singapore’s hunger for more high-end housing drove up prices for private residences by 3.4 percent from July through September as the market posted its tenth consecutive quarter of growth with demand persisting in the face of soaring interest rates.

A… Read More>>

Singapore’s hunger for more high-end housing drove up prices for private residences by 3.4 percent from July through … Read more>>>

William Tay, CEO of Ascendas REIT

CapitaLand Ascendas REIT ‘Pharms Out’ San Diego Office Complex

William Tay, CEO of Ascendas REIT

2022/10/03 by Christopher Caillavet Leave a Comment

Singapore-listed CapitaLand Ascendas REIT plans to convert one of its California office buildings into a life science property after fully leasing the asset to a US pharmaceutical company.

The trust formerly known as Ascendas REIT will equip the San Diego… Read More>>

Singapore-listed CapitaLand Ascendas REIT plans to convert one of its California office buildings into a life science … Read more>>>

beigang logistics EC World REIT

EC World REIT Selling Assets to Pay Debts and More Asia Real Estate Headlines

beigang logistics EC World REIT

2022/10/03 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, SGX-listed EC World REIT looks to sell some Hangzhou industrial assets to raise cash for debt repayment, China’s new home prices continue to fall amid a mortgage boycott, and global fund managers place… Read More>>

In today’s roundup of regional news headlines, SGX-listed EC World REIT looks to sell some Hangzhou industrial assets to … Read more>>>

Andrea Rossi M&G

Asia Real Estate People in the News 2022-10-03

Andrea Rossi M&G

2022/10/03 by Michael Cole Leave a Comment

Top-level changes at fund managers and developers lead Mingtiandi’s roundup of personnel moves this week as M&G appoints a new global chief executive and a pair of mainland property developers unveil new leaders for their boards. Also in the news,… Read More>>

Top-level changes at fund managers and developers lead Mingtiandi’s roundup of personnel moves this week as M&G … Read more>>>

Edwin Wong SSG

Ares Buys $392M Stake in New World Project as First Hong Kong Real Estate Deal

Edwin Wong SSG

2022/10/02 by Pawara Laothamatas, Michael Cole Leave a Comment

US private equity firm Ares Management has made its first direct investment in Hong Kong real estate, picking up a 51 percent stake in a Kowloon office project from New World Development for approximately HK$3.07 billion ($392 million).

New World… Read More>>

US private equity firm Ares Management has made its first direct investment in Hong Kong real estate, picking up a 51 … Read more>>>

Lam Chern Woon Edmund Tie

Singapore Broadens Clamp-Down on Housing Market as Buying Frenzy Continues

Lam Chern Woon Edmund Tie

2022/10/01 by Christopher Caillavet Leave a Comment

Less than a week after Hong Kong relaxed mortgage lending rules, Singapore has moved in the opposite direction by imposing further cooling measures to tame buyer demand in the city-state’s red-hot housing market.

The Monetary Authority of Singapore will raise… Read More>>

Less than a week after Hong Kong relaxed mortgage lending rules, Singapore has moved in the opposite direction by … Read more>>>

Peter Kim

QuadReal Teams With IGIS Asia on $1B Korean Logistics Development JV

Peter Kim

2022/10/01 by Christopher Caillavet Leave a Comment

Canada’s QuadReal Property Group and Singapore-based IGIS Asia Investment Management have formed a $1 billion joint venture to develop logistics assets in South Korea, home to IGIS AIM’s parent group.

QuadReal will provide the majority of the JV’s capital, with… Read More>>

Canada’s QuadReal Property Group and Singapore-based IGIS Asia Investment Management have formed a $1 billion joint … Read more>>>

Jeffrey-Perlman ESR

ESR Buys Out Mitsui Stake in ESR-Logos REIT as Trust Sells SG Property for $25M

Jeffrey-Perlman ESR

2022/10/01 by Beatrice Laforga Leave a Comment

ESR Group is acquiring a minority stake in the manager of ESR-Logos REIT from Japan’s Mitsui & Co as the Hong Kong-listed logistics giant takes virtually full control of the entity just four months after the enlarged trust was formed… Read More>>

ESR Group is acquiring a minority stake in the manager of ESR-Logos REIT from Japan’s Mitsui & Co as the Hong … Read more>>>

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