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pine grove

Condo Craze Boosts SG Land Sale Prospects and More Asia Real Estate Headlines

pine grove

2022/02/24 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, observers predict keen interest in a land sale at Singapore’s Pine Grove, developer Shimao’s bonds sag further amid talks with creditors, and Hong Kong reveals plans to hike property taxes for the city’s… Read More>>

In today’s roundup of regional news headlines, observers predict keen interest in a land sale at Singapore’s Pine Grove, … Read more>>>

Chua Thian Po Ho Bee Land founder

Ho Bee Land Buying London Landmark the Scalpel for $972M

Chua Thian Po Ho Bee Land founder

2022/02/24 by Christopher Caillavet Leave a Comment

Asian acquisitions of London commercial properties are reaching the highest levels of the market, with Singapore’s Ho Bee Land announcing this morning that it has agreed to purchase the Scalpel office tower in the UK capital’s primary business district for… Read More>>

Asian acquisitions of London commercial properties are reaching the highest levels of the market, with Singapore’s Ho … Read more>>>

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

AEW Selling Office Tower in Singapore’s Raffles Place To Kajima For $213M

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

2022/02/23 by Beatrice Laforga Leave a Comment

Global fund manager AEW is selling a 16-storey office block in Singapore’s Raffles Place to a unit of Japanese construction and real estate firm Kajima Corp for S$286.9 million ($213.4 million), as global investors continue to target Singapore office assets.

… Read More>>

Global fund manager AEW is selling a 16-storey office block in Singapore’s Raffles Place to a unit of Japanese … Read more>>>

sukanto-tanoto-tf

Indonesian Tycoon Buying Singapore’s Tanglin Shopping Centre for $645M

sukanto-tanoto-tf

2022/02/23 by Christopher Caillavet Leave a Comment

A company owned by the family of Indonesian lumber tycoon Sukanto Tanoto has acquired the Tanglin Shopping Centre in Singapore’s Orchard Road area at a 10 percent premium over the reserve price in the asset tender, as commercial properties in… Read More>>

A company owned by the family of Indonesian lumber tycoon Sukanto Tanoto has acquired the Tanglin Shopping Centre in … Read more>>>

hui wing mau shi mao

Shimao Misses Payments as $948M Debt Talks Drag On and More Asia Real Estate Headlines

hui wing mau shi mao

2022/02/23 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, cash-strapped developer Shimao misses trust payments on high-yield products, Singapore’s GIC forms a New Zealand joint venture, and banking giant HSBC takes a $450 million charge related to Chinese property exposure.

Read More>>

In today’s roundup of regional news headlines, cash-strapped developer Shimao misses trust payments on high-yield … Read more>>>

Hong Kong’s Chevalier Buying London Office Building From BBC Trust for $62M

2022/02/22 by Christopher Caillavet Leave a Comment

Hong Kong-listed Chevalier International Holdings has agreed to buy a City of London office building for £45.9 million ($62.4 million), as Asian investors continue to do their high-end shopping in the UK capital’s real estate market.

The conglomerate is picking… Read More>>

Hong Kong-listed Chevalier International Holdings has agreed to buy a City of London office building for £45.9 million … Read more>>>

Singapore finance minister Lawrence Wong

Analysts See Little Impact as Singapore Raises Property Taxes to as High as 36%

Singapore finance minister Lawrence Wong

2022/02/22 by Beatrice Laforga Leave a Comment

Less than three months after targeting buyers of multiple homes with higher transaction taxes and tightened lending conditions, Singapore is introducing increases in property taxes which could raise rates charged to owners of residential investment properties by one-third or more.

… Read More>>

Less than three months after targeting buyers of multiple homes with higher transaction taxes and tightened lending … Read more>>>

Stan Tang

Family of Late ‘Shop King’ Selling Kowloon Industrial Building for $94M

Stan Tang

2022/02/22 by Pawara Laothamatas Leave a Comment

The family of Hong Kong’s late “Shop King” Tang Shing-bor is taking advantage of the city’s booming industrial market to raise cash, adding a 15th major asset to the clan’s series of disposals in the last seven months with the… Read More>>

The family of Hong Kong’s late “Shop King” Tang Shing-bor is taking advantage of the city’s booming industrial market to … Read more>>>

hotel brooklyn manchester

CDL Hospitality Trust Buys UK Hotel for $32M and More Asia Real Estate Headlines

hotel brooklyn manchester

2022/02/22 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, SGX-listed CDL Hospitality Trusts acquires a hotel in England, Singapore’s Q Investment Partners offloads student housing assets in Scotland, and Chinese authorities broaden property lending support to bigger cities.

… Read More>>

In today’s roundup of regional news headlines, SGX-listed CDL Hospitality Trusts acquires a hotel in England, … Read more>>>

Rangu Salgame, Chairman & CEO, Princeton Digital Group

Princeton Digital Raises $505M in Mubadala-Led Equity Round for Asia Data Centre Platform

Rangu Salgame, Chairman & CEO, Princeton Digital Group

2022/02/22 by Michael Cole Leave a Comment

Asian hyperscale specialist Princeton Digital Group has landed $505 million in fresh cash to expand its regional data centre platform, with the Warburg Pincus-backed firm announcing today that it has closed on a new financing round led by Abu Dhabi’s… Read More>>

Asian hyperscale specialist Princeton Digital Group has landed $505 million in fresh cash to expand its regional data … Read more>>>

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