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Teresa Zhuge GLP

GLP Closes on $1.75B for Third China Logistics Development Fund

Teresa Zhuge GLP

2021/09/22 by Christopher Caillavet Leave a Comment

GLP, Asia Pacific’s biggest warehouse builder and fund manager, on Wednesday announced a first closing of its China Logistics Fund III at $1.75 billion, representing the lion’s share of the development vehicle’s $2 billion target.

The freshly committed capital will… Read More>>

GLP, Asia Pacific’s biggest warehouse builder and fund manager, on Wednesday announced a first closing of its China … Read more>>>

evergrande directors

Evergrande Signs Deal to Avoid Bond Default and More Asia Real Estate Headlines

evergrande directors

2021/09/22 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, China Evergrande reaches an agreement with onshore bondholders to avoid default, while the beleaguered developer’s electric car unit tries to boost morale by dishing out stock options to staff.

In non-Evergrande news,… Read More>>

In today’s roundup of regional news headlines, China Evergrande reaches an agreement with onshore bondholders to avoid … Read more>>>

bod-Datuk-Tan-Kim-Leong

IOI Properties Makes Sole Bid of $1.1B for Marina View Site in Singapore

bod-Datuk-Tan-Kim-Leong

2021/09/22 by Christopher Caillavet Leave a Comment

Malaysian developer IOI Properties Group emerged as the sole bidder for a development site near Singapore’s Marina Bay at a government land sale tender that closed Tuesday.

For the Marina View “white site”, which can serve a range of uses… Read More>>

Malaysian developer IOI Properties Group emerged as the sole bidder for a development site near Singapore’s Marina Bay … Read more>>>

Yang Guoqiang Country Garden

R&F Owners Sell Property Management Unit to Country Garden in $1.3B Deal

Yang Guoqiang Country Garden

2021/09/21 by Michael Cole Leave a Comment

Under pressure from the slow-motion collapse of competitor China Evergrande and needing to pay off RMB 12 billion ($1.86 billion) in capital market debt in the next 12 months, the controlling shareholders of Guangzhou R&F Properties worked out a pair… Read More>>

Under pressure from the slow-motion collapse of competitor China Evergrande and needing to pay off RMB 12 billion ($1.86 … Read more>>>

carrie lam

Carrie Lam Mum on Reports Beijing Pushing HK Builders and More Asia Real Estate Headlines

carrie lam

2021/09/21 by Pimfha Chandhapradit Leave a Comment

Today’s roundup of regional news headlines kicks off with Hong Kong developers in the hot seat, as a report surfaces that they’ve been pressured to toe the Beijing party line, sending shares tumbling. The city’s top leader had no comment… Read More>>

Today’s roundup of regional news headlines kicks off with Hong Kong developers in the hot seat, as a report surfaces … Read more>>>

Robert Kuok

Kuok Family of Kerry Group Buys London West End Office Building for $199M 

Robert Kuok

2021/09/21 by Christopher Caillavet Leave a Comment

The Kuok family behind Hong Kong developer Kerry Properties has purchased an office building in the swanky St James’s district of London’s West End for £145.5 million ($198.8 million), becoming the latest members of Asia’s elite to pick up property… Read More>>

The Kuok family behind Hong Kong developer Kerry Properties has purchased an office building in the swanky St James’s … Read more>>>

teo hong lim roxy

Roxy-Pacific Chairman Bids to Privatise Singapore Developer at 20% Premium

teo hong lim roxy

2021/09/20 by Christopher Caillavet Leave a Comment

Roxy-Pacific Holdings on Monday announced a takeover bid led by the Singapore-listed developer’s controlling family.

TKL & Family Pte Ltd, a holding company owned chiefly by Roxy-Pacific chairman and CEO Teo Hong Lim and his relatives, has made a… Read More>>

Roxy-Pacific Holdings on Monday announced a takeover bid led by the Singapore-listed developer’s controlling … Read more>>>

Evergrande Shenzhen

Evergrande Spiral Dents Mainland Developers and More Asia Real Estate Headlines

Evergrande Shenzhen

2021/09/20 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, contagion fears abound as China Evergrande’s liquidity crisis puts pressure on bonds issued by other mainland and the cash-strapped developer reveals that executives made early redemptions of some of the group’s investment… Read More>>

In today’s roundup of regional news headlines, contagion fears abound as China Evergrande’s liquidity crisis puts … Read more>>>

Lui-Kon-Wai-Ricky

Asia Real Estate People in the News 2021-09-20

Lui-Kon-Wai-Ricky

2021/09/20 by Michael Cole Leave a Comment

Hong Kong’s Hysan Development has decided to invite its long-time COO to join the company’s board, and that move at one of the city’s largest commercial developers leads our roundup of personnel moves from around Asia this week.

Also in… Read More>>

Hong Kong’s Hysan Development has decided to invite its long-time COO to join the company’s board, and that move at one … Read more>>>

irene lee hysan

CK Asset Selling Commercial Tower in Shanghai’s Jing An District to Hysan for $540M

irene lee hysan

2021/09/19 by Christopher Caillavet Leave a Comment

Hysan Development will make its second foray into mainland China after agreeing to acquire a 24-storey commercial building in Shanghai’s Jing An district from CK Asset Holdings for RMB 3.5 billion ($540 million).

HKEX-listed Hysan plans to buy the recently… Read More>>

Hysan Development will make its second foray into mainland China after agreeing to acquire a 24-storey commercial … Read more>>>

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