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Ram Quarter

Greenland Group Sells Off Slice of London Project as Mainland Developers Trim Sails

Ram Quarter

2022/02/16 by Michael Cole Leave a Comment

Mainland Chinese developers continue to wind down their overseas holdings with the UK unit of Shanghai Greenland Group revealing to Mingtiandi that it has sold off the final two phases of a project which it purchased for £135.7 million ($184… Read More>>

Mainland Chinese developers continue to wind down their overseas holdings with the UK unit of Shanghai Greenland Group … Read more>>>

Wong Siew Ying

Singapore Notches Second-Highest January New Home Sales Since 2014 

Wong Siew Ying

2022/02/16 by Beatrice Laforga Leave a Comment

Singapore homebuyers have shrugged off the latest government attempts to cool down the housing market, with the city-state recording its second-busiest January housing market in the past eight years, according to data released this week.

“It is the highest private… Read More>>

Singapore homebuyers have shrugged off the latest government attempts to cool down the housing market, with the … Read more>>>

Evergrande Xu Jiayin

Evergrande Assets Frozen by Mainland Courts and More Asia Real Estate Headlines

Evergrande Xu Jiayin

2022/02/16 by Michael Cole Leave a Comment

Fresh trouble for flailing China Evergrande Group leads Mingtiandi’s headline roundup today as a construction firm controlled by the Shanghai government succeeds in having two sets of the developer’s assets frozen by courts.

Also in the news… Read More>>

Fresh trouble for flailing China Evergrande Group leads Mingtiandi’s headline roundup today as a construction firm … Read more>>>

SEA Holdings CEO Lambert L

Luxury Residential Site in Hong Kong’s Repulse Bay Sells for Record Price

SEA Holdings CEO Lambert L

2022/02/16 by Michael Cole Leave a Comment

A plot in Hong Kong’s Repulse Bay area has attracted a record high price for a residential site sold at government auction, with local developer SEA Holdings besting eight competing bids with a HK$1.19 billion ($152.3 million) tender.

The Hong… Read More>>

A plot in Hong Kong’s Repulse Bay area has attracted a record high price for a residential site sold at government … Read more>>>

Claire Tang Lasalle

TE Capital, LaSalle Close on $240M Buy of Singapore’s PIL Building

Claire Tang Lasalle

2022/02/15 by Beatrice Laforga Leave a Comment

Local private equity firm TE Capital Partners and LaSalle Investment Management have completed the acquisition of an office building on Cecil Street in downtown Singapore for S$323.8 million ($240.6 million), in a bid to ride an office market recovery driven… Read More>>

Local private equity firm TE Capital Partners and LaSalle Investment Management have completed the acquisition of an … Read more>>>

Kelvin Chow Lendlease

Lendlease REIT to Buy Out Jurong East Commercial Complex for $1.5B 

Kelvin Chow Lendlease

2022/02/15 by Christopher Caillavet Leave a Comment

Lendlease Global Commercial REIT (LREIT) is raising its bet on suburban retail with a S$2.08 billion ($1.54 billion) deal that gives it full ownership of a mixed-used complex in Singapore’s Jurong East area.

The SGX-listed REIT has agreed to purchase… Read More>>

Lendlease Global Commercial REIT (LREIT) is raising its bet on suburban retail with a S$2.08 billion ($1.54 billion) … Read more>>>

IFC Indonesia

Keppel Fights Lawsuit Over Jakarta IFC Site and More Asia Real Estate Headlines

IFC Indonesia

2022/02/15 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, Singapore’s Keppel Corp defends against a land ownership claim by an individual in Indonesia, Guangzhou-based developer R&F seeks an extension on construction of a South Korean casino, and China Vanke’s chairman tells employees… Read More>>

In today’s roundup of regional news headlines, Singapore’s Keppel Corp defends against a land ownership claim by an … Read more>>>

Arch Capital founder and CEO Richard Yue

Manulife to Acquire Minority Stake in Hong Kong’s Arch Capital

Arch Capital founder and CEO Richard Yue

2022/02/14 by Christopher Caillavet Leave a Comment

Canada’s Manulife Investment Management has agreed to acquire a significant minority equity position in Hong Kong-based Arch Capital Management, a private equity firm focused on real estate in Asia Pacific.

Once the deal gains regulatory approval, it will combine Arch… Read More>>

Canada’s Manulife Investment Management has agreed to acquire a significant minority equity position in Hong Kong-based … Read more>>>

desmond tang Straits Real Estate

Singapore’s Straits Real Estate Buying Aussie Office Assets For $107M

desmond tang Straits Real Estate

2022/02/14 by Beatrice Laforga Leave a Comment

Asian investors continued a string of Aussie office acquisitions late this past week with Singapore’s Straits Trading announcing on Friday that its property division is buying a pair of freehold office buildings in Melbourne for A$150 million ($106.8 million).

Straits… Read More>>

Asian investors continued a string of Aussie office acquisitions late this past week with Singapore’s Straits Trading … Read more>>>

Crown Melbourne

Blackstone Wins Australia’s Crown Resorts in $6.3B Buyout Deal

Crown Melbourne

2022/02/14 by Christopher Caillavet Leave a Comment

Blackstone has reached a deal with Australia’s Crown Resorts in which the US private equity titan would acquire all the listed shares of the casino operator for A$8.9 billion ($6.3 billion).

The all-cash consideration of A$13.10 per share represents an… Read More>>

Blackstone has reached a deal with Australia’s Crown Resorts in which the US private equity titan would acquire all the … Read more>>>

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