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Eric Choo Raffles

Asia Real Estate People in the News 2022-01-10

Eric Choo Raffles

2022/01/10 by Michael Cole Leave a Comment

A new year’s wave of job changes continues to roll across the region, with Raffles Infrastructure losing its head in Singapore, Jerde’s APAC boss taking over the architecture firm’s top spot globally and Shui On Land continuing to reshape its… Read More>>

A new year’s wave of job changes continues to roll across the region, with Raffles Infrastructure losing its head in … Read more>>>

Stan Tang

Family of Late ‘Shop King’ Sells 13th Major Hong Kong Asset in Six Months

Stan Tang

2022/01/09 by Pawara Laothamatas Leave a Comment

In their 13th major asset disposal in six months, the family of Hong Kong’s late “Shop King” Tang Shing-Bor have started the new year on a familiar note, taking in a reported HK$650 million ($83.3 million) with the disposal of… Read More>>

In their 13th major asset disposal in six months, the family of Hong Kong’s late “Shop King” Tang Shing-Bor have started … Read more>>>

Mount Nicholson Hong Kong

Home on Hong Kong’s Peak Sells for $74.8M as City’s Luxury Market Rages

Mount Nicholson Hong Kong

2022/01/09 by Christopher Caillavet Leave a Comment

An apartment on Hong Kong’s posh Victoria Peak sold last week for HK$583.2 million ($74.8 million), as bullish sentiment continues to sustain luxury home prices in the world’s most expensive housing market despite the COVID-19 pandemic entering its third year.

… Read More>>

An apartment on Hong Kong’s posh Victoria Peak sold last week for HK$583.2 million ($74.8 million), as bullish sentiment … Read more>>>

Tikehau Founder Mathieu Chabran

Temasek-Backed Tikehau Capital Files for Pegasus Asia SPAC in Singapore

Tikehau Founder Mathieu Chabran

2022/01/08 by Christopher Caillavet Leave a Comment

The boom in blank-cheque companies may look like a bust in New York, but the pre-packaged investment arrangements look set for a second act in Southeast Asia as two Temasek Holdings-backed firms prepare to launch Singapore-listed SPACs, including one with… Read More>>

The boom in blank-cheque companies may look like a bust in New York, but the pre-packaged investment arrangements look … Read more>>>

Leonard Tay Knight Frank

Singapore Real Estate Investment Could Drop by One-Fifth in 2022

Leonard Tay Knight Frank

2022/01/08 by Beatrice Laforga Leave a Comment

Investment in Singapore’s real estate market is projected to drop by up to 22 percent this year after the city-state notched S$25.8 billion ($19 billion) in total deals in 2021, as the impact of residential cooling measures kicks in and… Read More>>

Investment in Singapore’s real estate market is projected to drop by up to 22 percent this year after the city-state … Read more>>>

Shimao's Hui Wing Mau

Shimao Shanghai Unit Defaults on $101M Loan and More Asia Real Estate Headlines

Shimao's Hui Wing Mau

2022/01/08 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, a unit of developer Shimao defaults on a $101 million project loan, Japan’s Mitsui Fudosan enters a deal to buy a London development site, and Kaisa bondholders seek advice on a potential financing… Read More>>

In today’s roundup of regional news headlines, a unit of developer Shimao defaults on a $101 million project loan, … Read more>>>

Yang Guoqiang

Country Garden China’s Top Developer for 2021 After Evergrande Sales Fall 39%

Yang Guoqiang

2022/01/06 by Christopher Caillavet Leave a Comment

A second-half plunge knocked China Evergrande from its perch as China’s top developer by contracted sales in 2021, enabling rival Country Garden Holdings to seize the No.1 spot despite a lacklustre performance.

Shenzhen-based Evergrande, the world’s most indebted developer, had… Read More>>

A second-half plunge knocked China Evergrande from its perch as China’s top developer by contracted sales in 2021, … Read more>>>

Sharon Lim MCT

Mapletree REIT Merger Plan Prompts Moody’s Credit Review

Sharon Lim MCT

2022/01/06 by Beatrice Laforga Leave a Comment

Less than a week after Mapletree Investments proposed to merge two of its commercial REITs, Moody’s Investors Service has placed Mapletree Commercial Trust under review for a potential credit rating downgrade as MCT’s Temasek Holdings-backed sponsor works to sell the… Read More>>

Less than a week after Mapletree Investments proposed to merge two of its commercial REITs, Moody’s Investors Service … Read more>>>

li zhang

R&F Short of Funds for $300M Buyback and More Asia Real Estate Headlines

li zhang

2022/01/06 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, China’s R&F Properties comes up short of funds for a planned bond buyback, fellow mainland developer Shimao reportedly defaults on a trust product of its own, and Amazon’s arbitration process against Future Retail… Read More>>

In today’s roundup of regional news headlines, China’s R&F Properties comes up short of funds for a planned bond … Read more>>>

serene nah kerry

Kerry Buys Piece of Central Shanghai Megaproject Site for $2.1B

serene nah kerry

2022/01/05 by Christopher Caillavet Leave a Comment

Hong Kong-listed developer Kerry Properties on Tuesday revealed details of a supersized mixed-use project in Shanghai’s central Huangpu district after acquiring the land use rights to a set of four development plots for RMB 13.3 billion ($2.1 billion).

Kerry, which… Read More>>

Hong Kong-listed developer Kerry Properties on Tuesday revealed details of a supersized mixed-use project in Shanghai’s … Read more>>>

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