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desmond tang Straits Real Estate

Straits Trading to Buy UK Business Park Assets From Brookfield for $157M

desmond tang Straits Real Estate

2022/06/30 by Christopher Caillavet Leave a Comment

Singapore’s Straits Trading is adding to its UK real estate holdings with the acquisition of properties at a business park in the southwestern English city of Gloucester for £130 million ($157.7 million).

The real estate arm of the SGX-listed conglomerate… Read More>>

Singapore’s Straits Trading is adding to its UK real estate holdings with the acquisition of properties at a business … Read more>>>

Tan Boon Leong JLL

Singapore Ramps Up Industrial Land Supply

Tan Boon Leong JLL

2022/06/30 by Beatrice Laforga Leave a Comment

Singapore has made seven industrial sites spanning 6.36 hectares (15.7 acres) eligible to be put on the auction block in the second half of 2022, in what would be the largest half-year government land sale programme for the sector in… Read More>>

Singapore has made seven industrial sites spanning 6.36 hectares (15.7 acres) eligible to be put on the auction block in … Read more>>>

Xu Jiayin Evergrande

Evergrande Gets Extension on $1.2B in Domestic Bonds and More Asia Real Estate Headlines

Xu Jiayin Evergrande

2022/06/30 by Michael Cole Leave a Comment

China Evergrande leads the news again today after the mainland’s most indebted developer won some extra time to repay its onshore debt. Also making the list, famous US investor Jim Chanos says that cloud providers like Amazon could spell trouble… Read More>>

China Evergrande leads the news again today after the mainland's most indebted developer won some extra time to repay … Read more>>>

wilson leung Angelo Gordon

Angelo Gordon JV Closes in on $570M Sale in Singapore’s Bugis Area 

wilson leung Angelo Gordon

2022/06/29 by Beatrice Laforga Leave a Comment

Singapore’s office market continues to heat up with two towers in the city-state’s downtown area nearing sales at a combined S$790 million ($570 million), including a property in the Bugis area which Sun Venture is close to buying from an… Read More>>

Singapore’s office market continues to heat up with two towers in the city-state’s downtown area nearing sales at a … Read more>>>

Catherine Melvin ERS

KKR Gets $50M From Texas ERS for Asia Pacific Infrastructure Fund

Catherine Melvin ERS

2022/06/29 by Christopher Caillavet Leave a Comment

Private equity giant KKR has received a $50 million capital commitment to its new Asia Pacific infrastructure strategy from the Employees Retirement System of Texas, as real estate fund managers continue to rake in cash from state institutions in the… Read More>>

Private equity giant KKR has received a $50 million capital commitment to its new Asia Pacific infrastructure strategy … Read more>>>

Singapore CBD Office Rents Neared Pre-COVID Peak in Q2 Says JLL

2022/06/29 by Christopher Caillavet Leave a Comment

Grade A office rents in Singapore’s central business district have recovered to within striking distance of their pre-pandemic peak and could exceed that level soon, according to research by JLL.

Gross effective rents for Grade A office space in the… Read More>>

Grade A office rents in Singapore's central business district have recovered to within striking distance of their … Read more>>>

Hong Kong Named Priciest City for Expats and More Asia Real Estate Headlines

2022/06/29 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, Hong Kong reclaims its crown as the costliest city in which to live and work overseas, even as an expat exodus drags down luxury residential rents. Mainland developer Vanke, meanwhile, is calling the… Read More>>

In today’s roundup of regional news headlines, Hong Kong reclaims its crown as the costliest city in which to live and … Read more>>>

Lin Ho Man

Evergrande to ‘Vigorously’ Fight Winding-Up Petition Filed by Disgruntled Investor

Lin Ho Man

2022/06/28 by Beatrice Laforga Leave a Comment

Heavily indebted China Evergrande is fighting a winding-up petition filed by an investor in the developer’s Fangchebao online platform as the firm readies its restructuring plan, according to a Hong Kong stock filing on Tuesday.

“The company will oppose the… Read More>>

Heavily indebted China Evergrande is fighting a winding-up petition filed by an investor in the developer’s Fangchebao … Read more>>>

Sunac Sun Hongbin

Sunac Meets Investors to Seek Second Extension on $600M in Domestic Bonds

Sunac Sun Hongbin

2022/06/28 by Beatrice Laforga Leave a Comment

Sunac China Holdings is asking holders of RMB 4 billion ($600 million) of its domestic notes to accept a second rescheduling of payments as the mainland developer struggles to raise cash due to weak sales.

Representatives of Sunac Real Estate,… Read More>>

Sunac China Holdings is asking holders of RMB 4 billion ($600 million) of its domestic notes to accept a second … Read more>>>

Actis to Invest $700M in India Life Science Assets and More Asia Real Estate Headlines

2022/06/28 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, UK investor Actis prepares to make a large bet on India’s life sciences sector, Hong Kong home prices resume their decline after a brief rebound, and expats recoil from Singapore’s skyrocketing rents.

Read More>>

In today’s roundup of regional news headlines, UK investor Actis prepares to make a large bet on India’s life sciences … Read more>>>

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