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pan shiyi Zhang Xin Soho

Soho China Touts 30% Discounts on Slices of Beijing, Shanghai Projects

pan shiyi Zhang Xin Soho

2022/03/13 by Christopher Caillavet Leave a Comment

Soho China is selling 32,000 square metres (344,445 square feet) of what it calls “high-quality properties” in Beijing and Shanghai at a 30 percent discount, as the developer looks to shore up its financial position after a planned takeover by… Read More>>

Soho China is selling 32,000 square metres (344,445 square feet) of what it calls “high-quality properties” in Beijing … Read more>>>

Wang Jianlin - Wanda

Wanda’s Mall Unit Said to Delay $3B IPO and More Asia Real Estate Headlines

Wang Jianlin - Wanda

2022/03/13 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, a report throws doubt on the planned Hong Kong IPO of Dalian Wanda’s mall unit, Chinese developer Logan makes an interest payment on an ailing bond, and private equity major KKR backs an… Read More>>

In today’s roundup of regional news headlines, a report throws doubt on the planned Hong Kong IPO of Dalian Wanda’s mall … Read more>>>

Guy Bradley Swire

Swire Properties Maps Out $12.8B Asia Pipeline After 25% Drop in Profit

Guy Bradley Swire

2022/03/10 by Christopher Caillavet Leave a Comment

Swire Properties today reported a nearly 25 percent drop in underlying profit attributable to shareholders for 2021, as the company struggles with weak commercial leasing and hospitality environments in its core markets of Hong Kong and mainland China.

In the… Read More>>

Swire Properties today reported a nearly 25 percent drop in underlying profit attributable to shareholders for 2021, as … Read more>>>

Local Builder Sim Lian Tops Tender for Singapore Residential Site with $255M Bid

2022/03/10 by Beatrice Laforga Leave a Comment

Sim Lian Group placed the highest bid for a residential plot near Singapore’s Upper Bukit Timah area, topping a competitive field in a government tender for the suburban site on Tuesday.

Privately-held Sim Lian Land and Sim Lian Development offered… Read More>>

Sim Lian Group placed the highest bid for a residential plot near Singapore’s Upper Bukit Timah area, topping a … Read more>>>

Peter Woo thumbnail

Wharf Reports 7% Rise in Underlying Profit Yet Warns of Fragile Recovery

Peter Woo thumbnail

2022/03/10 by Christopher Caillavet Leave a Comment

Wharf Holdings on Wednesday reported a 7 percent rise in its 2021 underlying net profit to HK$3.65 billion (now $470 million), but the Hong Kong developer cited lingering COVID-19 troubles and the war in Ukraine as it gave a downbeat… Read More>>

Wharf Holdings on Wednesday reported a 7 percent rise in its 2021 underlying net profit to HK$3.65 billion (now $470 … Read more>>>

Carrie Lam 2019

Carrie Lam Questions Hong Kong Rent Relief Plan and More Asia Real Estate Headlines

Carrie Lam 2019

2022/03/10 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, Hong Kong leader Carrie Lam has second thoughts about a rental deferment plan for the city’s business tenants, debt fundraising slumps to a four-year low among China’s developers, and Singapore hikes the charges… Read More>>

In today’s roundup of regional news headlines, Hong Kong leader Carrie Lam has second thoughts about a rental deferment … Read more>>>

Beh Siew Kim of Ascott

Ascott REIT Adding Five Properties to Japan Portfolio for $90M

Beh Siew Kim of Ascott

2022/03/09 by Christopher Caillavet Leave a Comment

After amassing a portfolio of US student housing assets throughout 2021, Ascott Residence Trust has turned its attention to Japan with the acquisition of five freehold properties for a combined JPY 10.4 billion ($90 million).

The Singapore-listed REIT has agreed… Read More>>

After amassing a portfolio of US student housing assets throughout 2021, Ascott Residence Trust has turned its attention … Read more>>>

Janil Puthucheary Singapore

Singapore Confirms Data Centre Permit Process Will Kick Off in Q2

Janil Puthucheary Singapore

2022/03/09 by Beatrice Laforga Leave a Comment

A Singaporean official has confirmed that regulators will start accepting applications for development of new data centre next quarter as part of a pilot program to reopen the city to development of new server facilities after a hiatus of more… Read More>>

A Singaporean official has confirmed that regulators will start accepting applications for development of new data … Read more>>>

Darren Hawkins

Gaw-Centrin JV Teams Up With SpaceDC to Support China Data Centres

Darren Hawkins

2022/03/09 by Christopher Caillavet Leave a Comment

Gaw Capital Partners and Centrin Data have engaged Singapore-based SpaceDC to sell rack space and services at their joint venture’s data centres in China.

Hong Kong family-run firm Gaw and Beijing-headquartered Centrin set up the JV in 2019 as the… Read More>>

Gaw Capital Partners and Centrin Data have engaged Singapore-based SpaceDC to sell rack space and services at their … Read more>>>

Scott Choi Actis

Actis Adds Partners in Seoul, Mumbai in Global Leadership Upgrade

Scott Choi Actis

2022/03/09 by Pawara Laothamatas Leave a Comment

Actis this week announced a series of global partner promotions, including upgrading senior executives in South Korea and India active in data centres and renewable energy, as the London-based fund manager continues to emphasise infrastructure and real estate investments.

The… Read More>>

Actis this week announced a series of global partner promotions, including upgrading senior executives in South Korea … Read more>>>

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