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Sorrento Tower San Diego

Prime US REIT Buys San Diego Offices for $146M and More Asia Real Estate Headlines

Sorrento Tower San Diego

2021/07/27 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, Keppel-managed Prime US REIT acquires an office complex in sunny San Diego, debt-stricken developer China Evergrande scraps a planned special dividend, and CDL Hospitality Trusts broadens its mandate to include student housing and… Read More>>

In today’s roundup of regional news headlines, Keppel-managed Prime US REIT acquires an office complex in sunny San … Read more>>>

richard li

Richard Li’s PCCW Selling Data Centres to Colony Capital Successor for $750M

richard li

2021/07/26 by Michael Cole Leave a Comment

Hong Kong-based telecom operator PCCW is selling its data centre business to DigitalBridge, a New York Stock Exchange-listed real estate investment trust that was known as Colony Capital until one month ago, for $750 million, according to a notice to… Read More>>

Hong Kong-based telecom operator PCCW is selling its data centre business to DigitalBridge, a New York Stock … Read more>>>

Claire Cormier Thielke, Managin Director, Asia Pacific, Hines

Asia Real Estate People in the News 2021-07-26

Claire Cormier Thielke, Managin Director, Asia Pacific, Hines

2021/07/26 by Michael Cole Leave a Comment

A senior-level promotion at developer Hines’s Greater China operation leads Mingtiandi’s roundup of personnel moves this week, with Shenzhen-based Kaisa Group adding more than the usual level of drama by appointing a 22-year-old daughter of group chairman Kwok Ying Shing… Read More>>

A senior-level promotion at developer Hines's Greater China operation leads Mingtiandi’s roundup of personnel moves this … Read more>>>

Rahul Ghai Partners Group

GIC Teams with Partners Group to Acquire Aussie Hotel Portfolio for $457M

Rahul Ghai Partners Group

2021/07/26 by Christopher Caillavet Leave a Comment

Singapore sovereign wealth fund GIC has teamed up with Swiss private equity firm Partners Group and Melbourne-based hospitality operator Salter Brothers to acquire a portfolio of 11 Travelodge hotels in Australia with a gross asset value of A$620 million ($457.3… Read More>>

Singapore sovereign wealth fund GIC has teamed up with Swiss private equity firm Partners Group and Melbourne-based … Read more>>>

Asia Proptech Survey

Asia Proptech Survey Enters Final Days

Asia Proptech Survey

2021/07/25 by Michael Cole Leave a Comment

With climate change and industrial innovation threatening to shorten the lifespans of real estate assets, many property developers and fund managers globally are looking for technologies which will help to protect properties against premature obsolescence.

Measuring the extent to which… Read More>>

With climate change and industrial innovation threatening to shorten the lifespans of real estate assets, many property … Read more>>>

Wong Ka Vin_Portrait

Gaw Launches SE Asia Data Centre JV With Indonesia Project

Wong Ka Vin_Portrait

2021/07/25 by Christopher Caillavet Leave a Comment

Hong Kong’s Gaw Capital Partners on Friday announced the launch of a Singapore-based joint venture company, Data Center First, with a project in the nearby Indonesian city of Batam.

Industry veteran Wong Ka Vin leads Data Center First as co-founder… Read More>>

Hong Kong’s Gaw Capital Partners on Friday announced the launch of a Singapore-based joint venture company, Data Center … Read more>>>

GIC to Invest $700M in Starbucks Korea and More Asia Real Estate Headlines

2021/07/25 by Michael Cole Leave a Comment

Singapore’s ever-active sovereign wealth fund is back in the news again today as GIC is said to be signing up for a 30 percent slice of Starbucks’ Korea operation, as the American coffee firm exits a joint venture with Shinsegae… Read More>>

Singapore’s ever-active sovereign wealth fund is back in the news again today as GIC is said to be signing up for a 30 … Read more>>>

Quek Leng Chan

GuocoLand Bids $576M for Singapore Site as Housing Market Rises

Quek Leng Chan

2021/07/25 by Michael Cole Leave a Comment

A pair of Singapore residential sites attracted competitive bidding from developers late last week as the city-state’s housing market continues to benefit from investor confidence, as shown by rising home prices and recovering sales volumes in Southeast Asia’s most expensive… Read More>>

A pair of Singapore residential sites attracted competitive bidding from developers late last week as the city-state’s … Read more>>>

Jonathan-Gray-Blackstone

Blackstone Aims for Third Asia Real Estate Fund and More Asia Real Estate Headlines

Jonathan-Gray-Blackstone

2021/07/25 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, private equity titan Blackstone announces plans for a third Asia real estate fund, China Evergrande’s once-highflying founder sees his net worth crumble, and Singapore sovereign fund GIC posts its highest 20-year return since… Read More>>

In today’s roundup of regional news headlines, private equity titan Blackstone announces plans for a third Asia real … Read more>>>

hui ka yan

Embattled Evergrande Comes to Terms With Creditor Over Asset Freeze

hui ka yan

2021/07/22 by Christopher Caillavet Leave a Comment

The day after several banks were reported to have stopped offering mortgages for unfinished units at China Evergrande’s Hong Kong residential projects, the mainland’s most-indebted developer scored a rare win by resolving a dispute with one of its creditors.

China… Read More>>

The day after several banks were reported to have stopped offering mortgages for unfinished units at China Evergrande’s … Read more>>>

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MTD TV

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