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GIC chief executive Lim Chow Kiat

GIC, Charter Hall, Scape Vying for Brookfield’s Aveo and More Asia Real Estate Headlines

GIC chief executive Lim Chow Kiat

2025/03/05 by Michael Cole Leave a Comment

Singapore sovereign giant GIC joins the race to acquire one of Australia’s largest retirement living operators, with that report leading today’s headline roundup. Also in the news, BlackRock leads an investor group buying CK Hutchison’s Panama Canal port operations and… Read More>>

Singapore sovereign giant GIC joins the race to acquire one of Australia’s largest retirement living operators, with … Read more>>>

Calvin Choi-AMTD Group

Hong Kong’s Far East Consortium Sells UK Hotel Project to AMTD IDEA Group for $57M

Calvin Choi-AMTD Group

2025/03/04 by Iris Hong Leave a Comment

Far East Consortium International has agreed to sell a partially completed London project to controversial Hong Kong finance firm AMTD IDEA Group for £47.2 million ($57.2 million), as the developer continues to shed UK properties.

FEC International is selling its… Read More>>

Far East Consortium International has agreed to sell a partially completed London project to controversial Hong Kong … Read more>>>

URA chief executive officer Lim Eng Hwee

China’s Qingjian, CCCC Make $234M Top Bid for Singapore Residential Site

URA chief executive officer Lim Eng Hwee

2025/03/04 by Christopher Caillavet Leave a Comment

A joint venture comprising China’s Qingjian Group and a unit of Chinese state-run construction giant CCCC placed the highest bid of S$315 million ($234.4 million) for a residential site in Singapore’s One-North R&D hub, according to public tender results out… Read More>>

A joint venture comprising China’s Qingjian Group and a unit of Chinese state-run construction giant CCCC placed the … Read more>>>

APAC Co-Location Data Centre Pipeline Needs $116B in Funding: C&W

2025/03/04 by Christopher Caillavet Leave a Comment

Asia Pacific’s co-location data centre pipeline will require more than $116 billion in funding for construction over the next five to seven years as demand for the sector grows, according to Cushman & Wakefield.

The pipeline, which excludes hyperscale projects,… Read More>>

Asia Pacific’s co-location data centre pipeline will require more than $116 billion in funding for construction over the … Read more>>>

Ryuichi Isaka

CEO of Japan’s Seven & I to Step Down and More Asia Real Estate Headlines

Ryuichi Isaka

2025/03/04 by Michael Cole Leave a Comment

The CEO of Japanese retail giant Seven & I Holdings prepares to make way for the group’s first foreign boss, with that report leading today’s headline roundup. Also making the list, GLP’s Japan REIT announces its new home at Ares… Read More>>

The CEO of Japanese retail giant Seven & I Holdings prepares to make way for the group’s first foreign boss, with … Read more>>>

Michael Arougheti, Chief Executive Officer and President of Ares

GLP Completes Sale of Non-China Fund Business to Ares Management for $3.7B

Michael Arougheti, Chief Executive Officer and President of Ares

2025/03/03 by Christopher Caillavet Leave a Comment

Industrial giant GLP announced Monday that it has completed the sale of the firm’s ex-China fund management business to Ares Management for $3.7 billion.

The transaction for GCP International, first announced last October, comprises an upfront purchase price of $3.7… Read More>>

Industrial giant GLP announced Monday that it has completed the sale of the firm’s ex-China fund management business to … Read more>>>

Suchad Chiaranussati, SC Capital Partners

SC Capital Sells Sydney Student Housing Complex to University of New South Wales

Suchad Chiaranussati, SC Capital Partners

2025/03/03 by Christopher Caillavet Leave a Comment

Singapore’s SC Capital Partners has sold a Sydney student housing complex for a significant premium to the acquisition price and a 19 percent mark-up to book value, according to a statement on Monday.

The facility in Kensington, east of downtown… Read More>>

Singapore’s SC Capital Partners has sold a Sydney student housing complex for a significant premium to the acquisition … Read more>>>

New World Development chief executive Echo Huang

Hong Kong’s New World Declares $852M Interim Loss and More Asia Real Estate Headlines

New World Development chief executive Echo Huang

2025/03/03 by Michael Cole Leave a Comment

Hong Kong heavyweight New World Development reports a six-month loss of $852 million and sets out a recovery plan involving asset sales, with that story leading today’s headline roundup. Also in the news, the founding family of Japan’s Seven &… Read More>>

Hong Kong heavyweight New World Development reports a six-month loss of $852 million and sets out a recovery plan … Read more>>>

Annie Koh Prime US REIT

Asia Real Estate People in the News 2025-03-03

Annie Koh Prime US REIT

2025/03/03 by Michael Cole Leave a Comment

A set of Singapore moves lead this week’s review of personnel changes from around Asia, with a Keppel-sponsored REIT bidding farewell to its chair and an SGX-listed developer naming a new boss for its UK business.

… Read More>>

A set of Singapore moves lead this week’s review of personnel changes from around Asia, with a Keppel-sponsored REIT … Read more>>>

Dan McLennan

Macquarie-Backed Local Residential Unveils $168M Melbourne Project

Dan McLennan

2025/03/02 by Christopher Caillavet Leave a Comment

Local Residential, the Australian build-to-rent platform backed by Macquarie Asset Management, has announced an apartment project in central Melbourne with a completed value of A$270 million ($167.8 million).

The development in the inner suburb of Southbank, just south of the… Read More>>

Local Residential, the Australian build-to-rent platform backed by Macquarie Asset Management, has announced an … Read more>>>

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