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Hoi Hup, Wong Swee Chun

Hoi Hup, Sunway Pay $600M for Paya Lebar Residential Site in SG’s Top Land Sale of 2021

Hoi Hup, Wong Swee Chun

2021/11/21 by Christopher Caillavet Leave a Comment

A residential development project in eastern Singapore’s Paya Lebar area has sold by public tender for S$815 million ($600.2 million), marking the city-state’s biggest land deal of the year and signalling confidence in the housing market after new-home sales rebounded… Read More>>

A residential development project in eastern Singapore’s Paya Lebar area has sold by public tender for S$815 million … Read more>>>

kris kumar

PAG Names Executive Team for ‘Flow’ Data Centre Platform

kris kumar

2021/11/21 by Pawara Laothamatas Leave a Comment

Hong Kong-based private equity firm PAG is getting its entry into Asia Pacific’s quickening data centre race onto the track with the announcement this month of a formal corporate identity and expanded management team for the digital infrastructure platform led… Read More>>

Hong Kong-based private equity firm PAG is getting its entry into Asia Pacific’s quickening data centre race onto the … Read more>>>

xu jiayin evergrande

Evergrande Founder Plunges to 70th Spot Among China’s Richest Billionaires

xu jiayin evergrande

2021/11/21 by Beatrice Laforga Leave a Comment

The founder of debt-laden developer China Evergrande Group, Xu Jiayin, fell to the 70th spot in this year’s list of China’s wealthiest billionaires from his perch as the richest man four years ago.

The 63-year-old real estate magnate saw his… Read More>>

The founder of debt-laden developer China Evergrande Group, Xu Jiayin, fell to the 70th spot in this year’s list of … Read more>>>

evergrande construction pic from wechat

Evergrande Says Construction Resumes on 63 Projects and More Asia Real Estate Headlines

evergrande construction pic from wechat

2021/11/21 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, a unit of debt-stricken Evergrande says work has resumed on dozens of projects in southern China, rival builder Vanke advises employees to cut their personal spending, and Country Garden Services’ Hong Kong-listed stock… Read More>>

In today’s roundup of regional news headlines, a unit of debt-stricken Evergrande says work has resumed on dozens of … Read more>>>

Wilson Chen, Tishman Speyer China CEO

Tishman Speyer JV Pays $800M for Commercial Site in Shanghai’s Changning District

Wilson Chen, Tishman Speyer China CEO

2021/11/18 by Christopher Caillavet Leave a Comment

Tishman Speyer is once again making moves in its favourite Asian megacity, with the US developer today announcing that it had successfully led a RMB 5.09 billion ($800 million) purchase of a plot in Shanghai’s Changning district for a future… Read More>>

Tishman Speyer is once again making moves in its favourite Asian megacity, with the US developer today announcing that … Read more>>>

Su Lin Wee, Executive Director, Head of Asset Management, Southeast Asia, PGIM Real Estate

PGIM, MSCI, Yardi Lead Mingtiandi Property Innovation Forum Starting on Tuesday

Su Lin Wee, Executive Director, Head of Asset Management, Southeast Asia, PGIM Real Estate

2021/11/18 by Michael Cole Leave a Comment

The pandemic has triggered major changes in the ways that real estate companies in Asia manage their businesses, and those changes are pushing adoption of new technology, according to a survey conducted by Mingtiandi and Yardi this August.

The results… Read More>>

The pandemic has triggered major changes in the ways that real estate companies in Asia manage their businesses, and … Read more>>>

Guo Zi Wen aoyuan

Aoyuan Sells Project in Hong Kong’s Mid-Levels at a Loss Amid Cash Flow Crisis

Guo Zi Wen aoyuan

2021/11/18 by Pawara Laothamatas Leave a Comment

Cash-strapped mainland developer China Aoyuan Property Group this month agreed to sell off a redevelopment project in Hong Kong’s Mid-Levels to raise cash, and is expecting to recognise an estimated loss of HK$176.6 million on the disposal, according to an… Read More>>

Cash-strapped mainland developer China Aoyuan Property Group this month agreed to sell off a redevelopment project in … Read more>>>

Jon Gray Blackstone

LaSalle, Blackstone Funds Get $300M in Capital From Illinois TRS

Jon Gray Blackstone

2021/11/18 by Beatrice Laforga Leave a Comment

Asia real estate funds managed by LaSalle Investment Management and Blackstone have obtained $300 million in fresh commitments from a major US pension fund manager as US institutions continue to turn to Asian real estate strategies to meet their commitments… Read More>>

Asia real estate funds managed by LaSalle Investment Management and Blackstone have obtained $300 million in fresh … Read more>>>

evergrande

Evergrande Raises $273M in Exit From JV with Tencent and More Asia Real Estate Headlines

evergrande

2021/11/18 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, cash-strapped China Evergrande exits its stake in internet firm HengTen Networks, rival Country Garden’s property services arm seeks to raise cash through a share sale, and Hong Kong’s government eyes a record haul… Read More>>

In today’s roundup of regional news headlines, cash-strapped China Evergrande exits its stake in internet firm HengTen … Read more>>>

Goodwin Gaw

Gaw Capital Sued by Wells Fargo, Apollo Over Manhattan Hotel Default

Goodwin Gaw

2021/11/17 by Christopher Caillavet Leave a Comment

Gaw Capital Partners’ investment in a hip New York City hotel has pulled it into a conflict with Wells Fargo bank and US private equity heavyweight Apollo Global Management, after the Hong Kong fund manager stopped making payments on a… Read More>>

Gaw Capital Partners’ investment in a hip New York City hotel has pulled it into a conflict with Wells Fargo bank and US … Read more>>>

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