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George Agethen, Ivanhoé Cambridge

Ivanhoe Cambridge Commits $649M to Scape Aussie Student Housing Strategy

George Agethen, Ivanhoé Cambridge

2022/10/27 by Michael Cole Leave a Comment

With student visa applications in Australia having hit their highest level ever in June, according to government statistics, the country’s largest provider of university housing is welcoming the arrival of some fresh cash thanks to Canada’s Ivanhoe Cambridge.

The real… Read More>>

With student visa applications in Australia having hit their highest level ever in June, according to government … Read more>>>

8 Shenton Way

SOM Unveils Design for Alibaba-Backed Tower Set to Be Singapore’s Tallest Building

8 Shenton Way

2022/10/27 by Christopher Caillavet Leave a Comment

American architecture giant Skidmore, Owings & Merrill has revealed its design for an Alibaba-backed tower soaring 350 metres (1,148 feet) in height to become Singapore’s tallest skyscraper upon completion.

The 63-storey mixed-use development at 8 Shenton Way in the Tanjong… Read More>>

American architecture giant Skidmore, Owings & Merrill has revealed its design for an Alibaba-backed tower soaring … Read more>>>

Stephen Schwarzman

Blackstone Brings Fundraising for Asia Real Estate Strategy to Over $8B

Stephen Schwarzman

2022/10/27 by Pawara Laothamatas Leave a Comment

Despite facing what chairman and chief executive Stephen Schwarzman calls “one of the most difficult periods for markets in decades” Blackstone has now raised $8.06 billion in committed capital for its Asia Pacific opportunistic real estate fund, according to a… Read More>>

Despite facing what chairman and chief executive Stephen Schwarzman calls “one of the most difficult periods for markets … Read more>>>

Hong Kong Mid-Levels

Hong Kong Lived-In Home Prices Continue Skid and More Asia Real Estate Headlines

Hong Kong Mid-Levels

2022/10/27 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, lived-in home prices in Hong Kong fall to their lowest since early 2019, while city-based lender Bank of East Asia sustains record-high bond losses driven by China’s housing crisis.

Hong… Read More>>

In today’s roundup of regional news headlines, lived-in home prices in Hong Kong fall to their lowest since early 2019, … Read more>>>

Soong Hee Sang

Link REIT, Frasers Vie for $2B Singapore Mall Portfolio as Headwinds Build

Soong Hee Sang

2022/10/26 by Beatrice Laforga Leave a Comment

A tender for a set of Singapore malls is down to two contenders, with SGX-listed Frasers Property and Hong Kong’s Link REIT battling it out for the assets belonging to Mercatus Co-operative, in what would be the city’s biggest property… Read More>>

A tender for a set of Singapore malls is down to two contenders, with SGX-listed Frasers Property and Hong Kong’s Link … Read more>>>

Han Zhi Swire

Swire Properties JV to Develop Hainan Duty-Free Retail Complex

Han Zhi Swire

2022/10/26 by Iris Hong Leave a Comment

Swire Properties has taken another step toward fulfilling a HK$50 billion ($6.4 billion) mainland China investment plan by partnering with state-owned China Tourism Group Duty Free Corporation Limited (CTG Duty Free) to develop a resort-style retail complex in Hainan province.

… Read More>>

Swire Properties has taken another step toward fulfilling a HK$50 billion ($6.4 billion) mainland China investment plan … Read more>>>

Guo Guangchang of Fosun (Getty Images)

Moody’s Downgrades Fosun as Conglomerate Cuts Ties With Rating Service

Guo Guangchang of Fosun (Getty Images)

2022/10/26 by Christopher Caillavet Leave a Comment

Moody’s Investors Service on Tuesday downgraded Fosun International and gave the mainland conglomerate a negative outlook, citing a prohibitive short-term debt load, but not before the Chinese conglomerate announced that it was terminating its relationship with the rating agency.

Moody’s… Read More>>

Moody’s Investors Service on Tuesday downgraded Fosun International and gave the mainland conglomerate a negative … Read more>>>

Zonghong Ou Ronshine

Ronshine China Holdings Defaults on $700M Offshore Bond

Zonghong Ou Ronshine

2022/10/26 by Christopher Caillavet Leave a Comment

Mainland developer Ronshine China Holdings has defaulted on its third set of offshore bonds in a little over three months after failing to pay off a $700 million note that matured this week.

The Singapore-listed bonds carry a coupon rate… Read More>>

Mainland developer Ronshine China Holdings has defaulted on its third set of offshore bonds in a little over three … Read more>>>

Tripp Gantt, Manulife US REIT

Lendlease REIT, Manulife US REIT, JLL See Rising Competition for S-REITs

Tripp Gantt, Manulife US REIT

2022/10/26 by Pawara Laothamatas Leave a Comment

https://player.vimeo.com/video/762672225?h=ef8d2874fdVideo can’t be loaded because JavaScript is disabled: Singapore REIT Panel (https://player.vimeo.com/video/762672225?h=ef8d2874fd)

  The managers of Singapore’s real estate investment trusts are bracing for headwinds amid volatile global markets, according to top executives from Manulife US REIT,… Read More>>

https://player.vimeo.com/video/762672225?h=ef8d2874fd   The managers of Singapore’s real estate investment trusts … Read more>>>

Singapore condo project

Singapore Mortgages Chip Away at Monthly Income and More Asia Real Estate Headlines

Singapore condo project

2022/10/26 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Moody’s reports that Singapore homeowners are using more of their income to service mortgages, Hong Kong’s URA invites dozens of developers to a Sai Ying Pun project tender, and SGX-listed Keppel REIT posts… Read More>>

In today’s roundup of regional news headlines, Moody’s reports that Singapore homeowners are using more of their income … Read more>>>

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