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kris kumar

PAG’s Flow Buying Out Australian Data Centre Operator DXN for $18M 

kris kumar

2022/08/10 by Beatrice Laforga Leave a Comment

PAG-backed data centre platform Flow Digital Infrastructure is entering the Australian market through an A$26 million ($17.97 million) takeover of ASX-listed colocation provider DXN, according to an announcement this week.

Flow’s local subsidiary Flow2Edge Australia has agreed to acquire Perth-based… Read More>>

PAG-backed data centre platform Flow Digital Infrastructure is entering the Australian market through an A$26 million … Read more>>>

The Philips APAC Centre

Philips Selling APAC HQ in Singapore to Ascendas REIT for $76M

The Philips APAC Centre

2022/08/10 by Beatrice Laforga Leave a Comment

Philips has agreed to sell its Asia Pacific headquarters in Singapore’s Toa Payoh area to Ascendas REIT for S$104.8 million ($76.2 million), as the Amsterdam-based conglomerate continues to restructure its global operations.

After selling off its domestic appliance and lighting… Read More>>

Philips has agreed to sell its Asia Pacific headquarters in Singapore’s Toa Payoh area to Ascendas REIT for S$104.8 … Read more>>>

Tim Blackburn Swire

Swire Developing Shenzhen Hotel in Expansion of House Collective Brand

Tim Blackburn Swire

2022/08/10 by Christopher Caillavet Leave a Comment

Swire Properties has revealed plans to open an ultra-luxury hotel in Shenzhen under The House Collective brand, marking the blue-chip developer’s second announcement of a new hotel in less than a month.

As the first entry in Shenzhen for the… Read More>>

Swire Properties has revealed plans to open an ultra-luxury hotel in Shenzhen under The House Collective brand, marking … Read more>>>

Henderson executive director Augustine Wong Ho Ming

Henderson Land Lines Up $1B Project in Hong Kong’s To Kwa Wan

Henderson executive director Augustine Wong Ho Ming

2022/08/09 by Pawara Laothamatas Leave a Comment

Henderson Land Development is set to take full ownership of a 42,506 square foot (3,948 square metre) site in Kowloon, with the developer having won approval for the compulsory sale of the remaining space in an ageing building in Hong… Read More>>

Henderson Land Development is set to take full ownership of a 42,506 square foot (3,948 square metre) site in Kowloon, … Read more>>>

APG May Double Aussie Finance Mandate and More Asia Real Estate Headlines

2022/08/09 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, Dutch pension fund manager APG completes its $419 million mandate with Australia’s MaxCap, the CEO of private equity giant Carlyle Group resigns out of the blue, and China springs an audit on its… Read More>>

In today’s roundup of regional news headlines, Dutch pension fund manager APG completes its $419 million mandate with … Read more>>>

Li Sze-lim R&F

Guangzhou R&F 2021 Net Loss Doubles to $2.4B After Write-Down

Li Sze-lim R&F

2022/08/09 by Mingtiandi Team Leave a Comment

Distressed Chinese property developer Guangzhou R&F Properties announced its long-delayed 2021 audited financial results on Sunday, reporting a net loss of RMB 16.4 billion ($2.4 billion). That figure was nearly double the loss of RMB 8.7 billion which R&F had… Read More>>

Distressed Chinese property developer Guangzhou R&F Properties announced its long-delayed 2021 audited financial … Read more>>>

kei hoi pang Logan

Logan Halts Payments on Offshore Bonds, Appoints Advisors for ‘Holistic’ Restructuring

kei hoi pang Logan

2022/08/08 by Christopher Caillavet Leave a Comment

Chinese developer Logan Group has provided new details of the “holistic” approach it will take to work through its $6.6 billion debt load, including the suspension of interest payments on five sets of offshore bonds maturing over the next six… Read More>>

Chinese developer Logan Group has provided new details of the “holistic” approach it will take to work through its $6.6 … Read more>>>

stars of kovan - fortune reit, ck asset

Fortune REIT to Buy CK Asset Singapore Project and More Asia Real Estate Headlines

stars of kovan - fortune reit, ck asset

2022/08/08 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, Hong Kong’s Fortune REIT moves to acquire a CK Asset-built project in northeastern Singapore, two Chinese developers garner support from state-backed firms, and America’s Chapter 15 bankruptcy process hints at a way forward… Read More>>

In today’s roundup of regional news headlines, Hong Kong’s Fortune REIT moves to acquire a CK Asset-built project in … Read more>>>

daigo Hirai BlackRock

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

daigo Hirai BlackRock

2022/08/08 by Michael Cole Leave a Comment

BlackRock’s appointment of a new head of Japan real estate leads this week’s roundup of personnel moves from around the region, with Hines selection of a top executive for its Korean business also getting some virtual ink. There are also… Read More>>

BlackRock’s appointment of a new head of Japan real estate leads this week’s roundup of personnel moves from around the … Read more>>>

Guangzhou Evergrande Wins Chinese Super League Title

Evergrande Gets $818M Refund for Surrender of Football Stadium Project

Guangzhou Evergrande Wins Chinese Super League Title

2022/08/08 by Mingtiandi Team Leave a Comment

China Evergrande Group, the world’s most indebted developer, said late last week it will receive a RMB 5.52 billion ($818 million) refund from the city of Guangzhou for giving up the land use rights for an unfinished football stadium in… Read More>>

China Evergrande Group, the world’s most indebted developer, said late last week it will receive a RMB 5.52 billion … Read more>>>

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