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Ong Beng Seng

Ong Beng Seng’s Hotel Properties Ltd JV Sells London HIlton for $53M

Ong Beng Seng

2022/04/11 by Christopher Caillavet Leave a Comment

Singapore property tycoon Ong Beng Seng is raising some cash as the hospitality investor’s primary publicly traded vehicle announced the sale of a London hotel over the weekend.

Hotel Properties Ltd, which is 55.4 percent owned by Ong, said on… Read More>>

Singapore property tycoon Ong Beng Seng is raising some cash as the hospitality investor’s primary publicly traded … Read more>>>

Caroline Hill Road

Hysan, Chinachem Add Cultural Space to Causeway Bay Commercial Project

Caroline Hill Road

2022/04/11 by Pawara Laothamatas Leave a Comment

Hysan Development and its partner Chinachem Group are turning to culture to boost the value of a HK$28 billion ($3.5 billion) commercial project they are developing in Hong Kong’s Causeway Bay area, according to a planning application submitted by the… Read More>>

Hysan Development and its partner Chinachem Group are turning to culture to boost the value of a HK$28 billion ($3.5 … Read more>>>

zhenro buliding

Chinese Developer Zhenro Defaults for First Time and More Asia Real Estate Headlines

zhenro buliding

2022/04/11 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, Chinese developer Zhenro announces its first default after missing interest payments on two offshore bonds, Vanke founder Wang Shi files for a Hong Kong-listed SPAC, and mainland banks suspend mortgage payments for borrowers… Read More>>

In today’s roundup of regional news headlines, Chinese developer Zhenro announces its first default after missing … Read more>>>

Asia Real Estate People in the News 2022-04-11

2022/04/11 by Michael Cole Leave a Comment

Departing directors lead this week’s roundup of personnel moves from around the region, with a pair of state-sector veterans leaving their board seats at China Fortune Land Development. Also losing some leadership is Singapore’s Surbang Jurong, which is saying goodbye… Read More>>

Departing directors lead this week’s roundup of personnel moves from around the region, with a pair of state-sector … Read more>>>

173 Haig Road

Singapore Project Sells for Over Asking Price as Developer Appetites Recover

173 Haig Road

2022/04/10 by Christopher Caillavet Leave a Comment

A residential complex up for collective sale in Singapore’s Katong area has sold for above the vendors’ asking price, demonstrating continued developer demand for sites even after a first-quarter slowdown in home price growth.

The local arm of Chinese developer… Read More>>

A residential complex up for collective sale in Singapore’s Katong area has sold for above the vendors’ asking price, … Read more>>>

Penny Goh

Keppel REIT Chair Penny Goh Resigns, Tan Swee Yiow to Take Over

Penny Goh

2022/04/10 by Michael Cole Leave a Comment

Disruption continues to be a theme at Keppel REIT as the manager of the Singapore-listed trust announced on Friday that its chairman, Penny Goh, will retire on 31 May.

Now 69, Goh is set to be replaced by Keppel stalwart… Read More>>

Disruption continues to be a theme at Keppel REIT as the manager of the Singapore-listed trust announced on Friday that … Read more>>>

Esther Liu S&P

Mainland Residential Sales Set to Shrink Through 2023 After 50% Contraction in Q1

Esther Liu S&P

2022/04/10 by Pawara Laothamatas Leave a Comment

Analysts at a top credit rating agency are predicting more tough times for China’s residential property market through mid-year, with little meaningful relief through 2023, after a wave of mainland developers reported dented sales for January through March.

“We expect… Read More>>

Analysts at a top credit rating agency are predicting more tough times for China’s residential property market through … Read more>>>

Central Garden Residentials, R&F

R&F Pulls Plug on 10,000-Home Brisbane Project and More Asia Real Estate Headlines

Central Garden Residentials, R&F

2022/04/09 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, China’s R&F Properties scraps a high-profile residential project in Brisbane, Hong Kong developers throw their weight behind Beijing’s preferred candidate for chief executive, and home prices in Asia’s most expensive cities ease after… Read More>>

In today’s roundup of regional news headlines, China’s R&F Properties scraps a high-profile residential project in … Read more>>>

Richard van Den Berg

M&G Jumps Into Australia Multifamily Residential Market With $337M Deal

Richard van Den Berg

2022/04/07 by Christopher Caillavet Leave a Comment

M&G Real Estate has expanded its Asia Pacific rental residential investments into Australia with a A$450 million ($336.8 million) commitment to a build-to-core partnership with local developer Novus, marking the UK-based fund manager’s first move in the country’s multifamily sector.

… Read More>>

M&G Real Estate has expanded its Asia Pacific rental residential investments into Australia with a A$450 million … Read more>>>

Actis Brian Chinappi

Actis Reaches $700M Final Closing For Second Asia Real Estate Vehicle

Actis Brian Chinappi

2022/04/07 by Beatrice Laforga Leave a Comment

Following up on a string of data centre and logistics deals, fund manager Actis has reached a $700 million final closing for its second Asia real estate fund, which targets new economy assets across emerging markets across the region.

The… Read More>>

Following up on a string of data centre and logistics deals, fund manager Actis has reached a $700 million final closing … Read more>>>

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