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mark gleeson thumb

Japan’s Mitsui Fudosan Backs Frasers’ Sydney Condo Project in Aussie Debut

mark gleeson thumb

2022/01/20 by Pimfha Chandhapradit Leave a Comment

Japan’s largest property developer Mitsui Fudosan has made its first foray into Australia by investing in Frasers Property’s A$2.1 billion ($1.5 billion) urban renewal project in Sydney’s North Shore area, according to a release.

As a capital partner, the Tokyo-listed… Read More>>

Japan’s largest property developer Mitsui Fudosan has made its first foray into Australia by investing in Frasers … Read more>>>

Guo Zi Wen aoyuan

China Aoyuan to Default on $1.1B in Offshore Debt Ahead of Restructuring

Guo Zi Wen aoyuan

2022/01/20 by Christopher Caillavet Leave a Comment

China Aoyuan Group has become the latest mainland developer to default on its financial obligations, announcing Wednesday that it would not make payments on $1.09 billion in offshore notes scheduled to mature in the next three years, including two sets… Read More>>

China Aoyuan Group has become the latest mainland developer to default on its financial obligations, announcing … Read more>>>

Victor Cha

HKRI, CITIC Pacific JV to Invest Nearly $2B in Discovery Bay Expansion

Victor Cha

2022/01/20 by Pawara Laothamatas Leave a Comment

A joint venture between developer HKR International (HKRI) and CITIC Pacific is planning to add a nineteenth phase to their master-planned Discovery Bay project on Lantau Island by investing HK$15 billion ($1.9 billion) to build 1,400 new homes.

The plans… Read More>>

A joint venture between developer HKR International (HKRI) and CITIC Pacific is planning to add a nineteenth phase to … Read more>>>

Xu Jiayin Evergrande

Evergrande Bondholders Get Restless and More Asia Real Estate Headlines

Xu Jiayin Evergrande

2022/01/20 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, conflict brews between China Evergrande and its bondholders over the terms of the group’s debt restructuring, Chinese developers’ shares jump on prospects of eased funding restrictions, and scandal-plagued Luckin Coffee plots a return… Read More>>

In today’s roundup of regional news headlines, conflict brews between China Evergrande and its bondholders over the … Read more>>>

Nick Tang Wang On

Wang On Reportedly Acquires Yau Tong Industrial Building for $74M

Nick Tang Wang On

2022/01/19 by Pawara Laothamatas Leave a Comment

Wang On Properties looks set to add another suburban residential project to its pipeline as the Hong Kong-listed developer has been identified as the buyer behind the recent HK$580 million ($74.5 million) purchase of a more than 80 percent piece… Read More>>

Wang On Properties looks set to add another suburban residential project to its pipeline as the Hong Kong-listed … Read more>>>

sherman kwek CDL

CDL, GuocoLand JV Place Top Bids in Singapore’s First Land Sale of 2022

sherman kwek CDL

2022/01/19 by Beatrice Laforga Leave a Comment

Sites for luxury housing development continued to find favour with developers in Singapore’s first land sale of the year, despite new market restrictions put in place just one month ago, with local development giant CDL besting seven other bidders for… Read More>>

Sites for luxury housing development continued to find favour with developers in Singapore’s first land sale of the … Read more>>>

managing director for fund management at GLP SG

GLP Reaches $3.7B Final Closing of Japan Development Fund, Targets $9.1B in AUM

managing director for fund management at GLP SG

2022/01/19 by Christopher Caillavet Leave a Comment

GLP on Wednesday announced the final closing of its flagship Japan logistics development strategy with JPY 412 billion ($3.7 billion) in total commitments, putting an exclamation point on what was already the largest-ever private fund targeting real estate in the… Read More>>

GLP on Wednesday announced the final closing of its flagship Japan logistics development strategy with JPY 412 billion … Read more>>>

Singapore Tycoon Wins Vancouver Battle and More Asia Real Estate Headlines

2022/01/19 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, a Singapore billionaire scores a victory in a running legal spat over a Canadian development site, while back in the city-state a condo block changes hands in the first collective sale since the… Read More>>

In today’s roundup of regional news headlines, a Singapore billionaire scores a victory in a running legal spat over a … Read more>>>

Kiyomasa Matsuda AEW

AEW Picks Up Set of Four Greater Tokyo Multi-Family Buildings

Kiyomasa Matsuda AEW

2022/01/18 by Christopher Caillavet Leave a Comment

AEW Capital Management has acquired a portfolio of four newly completed residential buildings with a combined 177 units in Greater Tokyo, signalling conviction in multi-family as one of the firm’s key investment themes in Asia.

The assets are located in… Read More>>

AEW Capital Management has acquired a portfolio of four newly completed residential buildings with a combined 177 units … Read more>>>

ceo koh wee meng fragrance group thumbnail

Singapore’s Fragrance Group Adds Central London Hotel to Growing UK Portfolio

ceo koh wee meng fragrance group thumbnail

2022/01/18 by Beatrice Laforga 1 Comment

Singapore’s Fragrance Group has purchased a Holiday Inn hotel in west London from British real estate fund manager Queensgate Investments for an undisclosed sum, as the privately held builder continues to expand its hotel portfolio.

The property developer controlled by… Read More>>

Singapore’s Fragrance Group has purchased a Holiday Inn hotel in west London from British real estate fund manager … Read more>>>

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