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Jason Lee, Managing Director, CIO and Senior Portfolio Manager, APAC, AEW

AEW Snaps Up Singapore Office Tower From Sun Venture for $489M 

Jason Lee, Managing Director, CIO and Senior Portfolio Manager, APAC, AEW

2022/06/15 by Beatrice Laforga Leave a Comment

AEW has agreed to buy an office tower in Singapore’s Jurong East from local investment firm Sun Venture for S$680 million ($488.54 million) in the latest vote of global investor confidence in the city’s rebounding office market, Mingtiandi has learned.

… Read More>>

AEW has agreed to buy an office tower in Singapore’s Jurong East from local investment firm Sun Venture for S$680 … Read more>>>

Alan Tang Far East Orchard

Far East Orchard Forms $32M JV to Develop 690-Bed Bristol Student Housing Project

Alan Tang Far East Orchard

2022/06/15 by Christopher Caillavet Leave a Comment

Far East Orchard has hooked up with two fellow Singapore-based investors on a £26.6 million ($32 million) joint venture to build a student accommodation project in Bristol, marking the developer’s fourth property in the southwestern English city.

FEO, controlled by… Read More>>

Far East Orchard has hooked up with two fellow Singapore-based investors on a £26.6 million ($32 million) joint venture … Read more>>>

CK Asset's Li Ka-Shing

CK Asset Sells Flat in Hong Kong’s Mid-Levels for $34M

CK Asset's Li Ka-Shing

2022/06/15 by Pawara Laothamatas Leave a Comment

A high-level unit at CK Asset’s 21 Borrett Road project in Hong Kong’s Mid-Levels was sold for HK$91,895 per square foot last week, setting a new record for a non-penthouse unit at the luxury residential property, despite sales at the… Read More>>

A high-level unit at CK Asset’s 21 Borrett Road project in Hong Kong’s Mid-Levels was sold for HK$91,895 per square foot … Read more>>>

Wong Siew Ying

Singapore Heats Up as May Home Sales More Than Double Previous Month’s Tally

Wong Siew Ying

2022/06/15 by Christopher Caillavet Leave a Comment

Developers sold 1,356 new private homes in Singapore during May, a 106 percent rise from April’s 660 units and the highest monthly figure since last November’s 1,547, according to government data released Wednesday.

The May tally of new home sales… Read More>>

Developers sold 1,356 new private homes in Singapore during May, a 106 percent rise from April’s 660 units and the … Read more>>>

GIC, KKR Linked to $5.5B Aussie Hospital Buyout and More Asia Real Estate Headlines

2022/06/15 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, Singapore’s GIC emerges as a potential financier for KKR’s buyout of an Australian hospital operator, a court approves Blackstone’s acquisition of the Crown Resorts casino group, and analysts expect rising interest rates to… Read More>>

In today’s roundup of regional news headlines, Singapore’s GIC emerges as a potential financier for KKR’s buyout of an … Read more>>>

Vo Sy Nhan Gaw NP

Gaw Capital Acquires Saigon Site for 20MW Data Centre Project

Vo Sy Nhan Gaw NP

2022/06/14 by Michael Cole Leave a Comment

Gaw Capital Partners has added a fifth country to its Asia data centre network with the announcement on Tuesday of a site acquisition in Ho Chi Minh City, Vietnam.

Through a fund under its management the Hong Kong private equity… Read More>>

Gaw Capital Partners has added a fifth country to its Asia data centre network with the announcement on Tuesday of a … Read more>>>

Ang Jun Hung ABR

Set of Heritage Shophouses on Singapore’s Club Street Sell for $18.6M

Ang Jun Hung ABR

2022/06/14 by Beatrice Laforga Leave a Comment

ABR Holdings is buying a row of heritage commercial buildings on Singapore’s Club Street from entities linked to Citystate Group for a total of S$25.88 million ($18.61 million), according to a joint announcement on Tuesday.

A subsidiary of the SGX-listed… Read More>>

ABR Holdings is buying a row of heritage commercial buildings on Singapore’s Club Street from entities linked to … Read more>>>

Equinix SY9X 1

Equinix, PGIM Open Sydney Data Centre and More Asia Real Estate Headlines

Equinix SY9X 1

2022/06/14 by Proud Channara Leave a Comment

A new data centre in Sydney leads today’s list of real estate headlines from around the region, as Equinix and PGIM Real Estate open their first hyperscale facility in the capital of New South Wales. Also in the news, China’s… Read More>>

A new data centre in Sydney leads today’s list of real estate headlines from around the region, as Equinix and PGIM Real … Read more>>>

Charoen Sirivadhanabhakdi of Frasers Property

Singapore’s Frasers Property Makes $970M Buyout Offer for Hospitality Trust

Charoen Sirivadhanabhakdi of Frasers Property

2022/06/13 by Beatrice Laforga Leave a Comment

Frasers Property is proposing to take SGX-listed Frasers Hospitality Trust private in an all-cash deal that values the REIT at S$1.35 billion ($970 million), according to a joint announcement on Monday, as the hospitality sector continues to face headwinds.

Also… Read More>>

Frasers Property is proposing to take SGX-listed Frasers Hospitality Trust private in an all-cash deal that values the … Read more>>>

Yan hao Jingrui

PwC Walks Away From Jingrui Audit Role Citing Murky Bank Deposits 

Yan hao Jingrui

2022/06/13 by Christopher Caillavet Leave a Comment

Jingrui Holdings has joined the growing list of Chinese developers cutting ties with their auditors, with the company announcing that Big Four accounting firm PwC exited the role late last month.

At the request of Jingrui’s board, PricewaterhouseCoopers resigned as… Read More>>

Jingrui Holdings has joined the growing list of Chinese developers cutting ties with their auditors, with the company … Read more>>>

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