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David Green-Morgan RCA

APAC Industrial Property Investment Plunges 62% as Yields Fizzle

David Green-Morgan RCA

2022/08/16 by Christopher Caillavet Leave a Comment

Investment in Asia Pacific industrial property totalled $7.2 billion in the second quarter, plunging 62 percent from the record levels achieved during the same period a year earlier, as higher borrowing costs and swelling asset values compressed yield spreads in… Read More>>

Investment in Asia Pacific industrial property totalled $7.2 billion in the second quarter, plunging 62 percent from the … Read more>>>

Serena Teo Ascott

Ascott Residence Trust to Buy 9 Overseas Assets and More Asia Real Estate Headlines

Serena Teo Ascott

2022/08/16 by Proud Channara Leave a Comment

CapitaLand-managed Ascott Residence Trust is continuing to diversify beyond hospitality assets with news of its latest acquisition leading today’s collection of property headlines. Also in the news, China’s central government is taking further steps to prop up a select group… Read More>>

CapitaLand-managed Ascott Residence Trust is continuing to diversify beyond hospitality assets with news of its latest … Read more>>>

Chang Rui Hua ESR

Chinachem Takes 49% Stake in ESR Hong Kong Logistics Project

Chang Rui Hua ESR

2022/08/16 by Michael Cole Leave a Comment

ESR has found a partner for a HK$11 billion ($1.4 billion) logistics project which it purchased last month in Hong Kong, with the industrial specialist announcing a joint venture on Monday with local developer Chinachem Group.

Entering the logistics sector… Read More>>

ESR has found a partner for a HK$11 billion ($1.4 billion) logistics project which it purchased last month in Hong Kong, … Read more>>>

Ryan Ip

$701M Kowloon Residential Project Attracts 31 Potential Buyers in URA Tender

Ryan Ip

2022/08/15 by Pawara Laothamatas Leave a Comment

Developers including Sun Hung Kai Properties, CK Asset and Henderson Land are showing continued interest in a gentrifying Kowloon neighbourhood as a tender for a HK$5.5 billion ($700.9 million) residential project in the To Kwa Wan area last week attracted… Read More>>

Developers including Sun Hung Kai Properties, CK Asset and Henderson Land are showing continued interest in a … Read more>>>

2011 Beijing Spring Real Estate Trade Fair

China Real Estate Investment Fell 12% in July as Home Sales Slide Continues

2011 Beijing Spring Real Estate Trade Fair

2022/08/15 by Iris Hong Leave a Comment

China’s cash-strapped developers cut back further on real estate investment in July as new construction starts fell at the fastest pace in almost a decade and home sales worsened despite the lifting of COVID lockdowns and a slew of stimulus… Read More>>

China’s cash-strapped developers cut back further on real estate investment in July as new construction starts fell at … Read more>>>

jesline goh UOL

Jesline Goh Resigns as CIO of Singapore’s UOL as Developer Promotes Hotel Chief

jesline goh UOL

2022/08/15 by Beatrice Laforga Leave a Comment

Jesline Goh is stepping down as chief investment and asset officer of Singaporean developer UOL Group after nearly five years on the job, with her last day set for 11 September, according to an SGX announcement late Friday.

Now 49,… Read More>>

Jesline Goh is stepping down as chief investment and asset officer of Singaporean developer UOL Group after nearly five … Read more>>>

people's bank of china pboc

China’s PBOC Cuts Rates as Economy Staggers and More Asia Real Estate Headlines

people's bank of china pboc

2022/08/15 by Proud Channara Leave a Comment

Disappointing data on China’s economy prompted some of today’s biggest headlines, with the mainland’s central bank moving quickly to cut rates at same time that JP Morgan analysts are predicting more gloom for developers.

Also in the news, an SGX-listed… Read More>>

Disappointing data on China’s economy prompted some of today’s biggest headlines, with the mainland’s central bank … Read more>>>

Lee Hoon KIc

Asia Real Estate People in the News 2022-08-15

Lee Hoon KIc

2022/08/15 by Michael Cole Leave a Comment

Senior personnel changes in Korea, Hong Kong and Singapore lead Mingtiandi’s roundup of HR moves from around the region this week, starting with the selection of a new chief investment officer at South Korea’s sovereign wealth fund. Also making the… Read More>>

Senior personnel changes in Korea, Hong Kong and Singapore lead Mingtiandi’s roundup of HR moves from around the region … Read more>>>

David Harrison charter hall

GIC Buys Half-Stake in Amazon-Anchored Melbourne Project

David Harrison charter hall

2022/08/14 by Beatrice Laforga Leave a Comment

Singapore’s GIC is buying a half slice of an A$800 million ($568.3 million) Melbourne office development from Charter Hall after the Australian property giant secured Amazon and Aware Super, the third largest pension fund in the country, as anchor tenants.

… Read More>>

Singapore’s GIC is buying a half slice of an A$800 million ($568.3 million) Melbourne office development from Charter … Read more>>>

lee chee koon tb

CapitaLand Investment Sees Profit Drop 38% as China Bets Turn Sour

lee chee koon tb

2022/08/14 by Beatrice Laforga Leave a Comment

CapitaLand Investment Ltd saw its profit drop by 38.3 percent to S$433 million ($316 million) in the first half of this year as the listed fund manager took a hit from China’s stringent lockdowns while divesting assets at a slower… Read More>>

CapitaLand Investment Ltd saw its profit drop by 38.3 percent to S$433 million ($316 million) in the first half of this … Read more>>>

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