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Frasers Logistics & Commercial Trust Buying 6 European Properties for $412M

2021/05/24 by Christopher Caillavet Leave a Comment

Frasers Logistics & Commercial Trust is acquiring its first warehouse property in the UK as part of a S$548.7 million ($412.2 million) purchase of six European assets announced to the Singapore exchange on Monday.

FLCT’s new UK prize is being… Read More>>

Frasers Logistics & Commercial Trust is acquiring its first warehouse property in the UK as part of a S$548.7 … Read more>>>

Wanda AMC

Dalian Wanda Dumps Remaining AMC Shares for $426M and More Asia Real Estate Headlines

Wanda AMC

2021/05/24 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, Dalian Wanda cashes out of nearly its entire stake in cinema operator AMC Entertainment, Hong Kong developer Sino Land’s parent group offers 1,000 jobs across its business units, and a bungalow property near… Read More>>

In today’s roundup of regional news headlines, Dalian Wanda cashes out of nearly its entire stake in cinema operator AMC … Read more>>>

New Buyers Step Up to Boost Bids for 5 Eagle Hospitality Trust Hotels by $24.8M

2021/05/24 by Christopher Caillavet Leave a Comment

Singapore-listed Eagle Hospitality Trust says five of its 15 US hotels in Chapter 11 bankruptcy received qualified bids in a second bidding round, resulting in a $24.8 million net increase in the aggregate consideration for the auctioned properties.

In early… Read More>>

Singapore-listed Eagle Hospitality Trust says five of its 15 US hotels in Chapter 11 bankruptcy received qualified bids … Read more>>>

cecilia Tan sasseur

Asia Real Estate People in the News 2021-05-24

cecilia Tan sasseur

2021/05/24 by Michael Cole Leave a Comment

This week’s collection of personnel moves around Asia’s real estate world includes a new CEO for the only listed trust of mainland outlet malls, a new global real estate investment boss at one of Canada’s largest insurers and veteran broker… Read More>>

This week’s collection of personnel moves around Asia’s real estate world includes a new CEO for the only listed trust … Read more>>>

jd shed

China’s JD Logistics Set to Raise $3.2B In Hong Kong IPO and More Asia Real Estate Headlines

jd shed

2021/05/22 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, JD Logistics is reportedly set to price its Hong Kong IPO near the bottom of the target range, South Korean investors are readying a lawsuit over a Las Vegas construction loan turned sour,… Read More>>

In today’s roundup of regional news headlines, JD Logistics is reportedly set to price its Hong Kong IPO near the bottom … Read more>>>

merlin swire

Merlin Swire Steps Down as Chair of Swire Properties, Swire Pacific

merlin swire

2021/05/22 by Michael Cole 1 Comment

After steering his family’s 200-year-old empire through some of Hong Kong’s most turbulent times in recent memory, Merlin Swire is stepping down as chairman of Swire Properties and Swire Pacific, according to an announcement to the Hong Kong stock exchange… Read More>>

After steering his family’s 200-year-old empire through some of Hong Kong’s most turbulent times in recent memory, … Read more>>>

Zuo hui of Beike

Zuo Hui, Billionaire Founder of Mainland Real Estate Listings Giant Beike, Dies at 50

Zuo hui of Beike

2021/05/21 by Christopher Caillavet Leave a Comment

China’s largest property listings website, Beike, announced that its founder and chairman, Zuo Hui, died Thursday after an unexpected worsening of illness. He was 50 years old.

Zuo, who started Beijing-based property agency Homelink (Lianjia in Chinese) in 2001 and… Read More>>

China’s largest property listings website, Beike, announced that its founder and chairman, Zuo Hui, died Thursday after … Read more>>>

sila atlanta dc

Mapletree Industrial Trust Buying 29 US Data Centres From Sila Realty for $1.3B

sila atlanta dc

2021/05/20 by Christopher Caillavet Leave a Comment

Singapore’s Mapletree Industrial Trust is set to add to its collection of US data centres after entering an agreement to acquire 29 facilities across 18 states for $1.3 billion.

The assets represent the entirety of the data centre portfolio of… Read More>>

Singapore’s Mapletree Industrial Trust is set to add to its collection of US data centres after entering an agreement to … Read more>>>

Jyoti Ramchandani, Managing Director, SCORE+ Fund Manager, SC Capital

SC Capital, Nuveen, Scape to Lead Rental Residential Panel on Tuesday

Jyoti Ramchandani, Managing Director, SCORE+ Fund Manager, SC Capital

2021/05/20 by Michael Cole Leave a Comment

Asia Pacific’s rental residential sector is rapidly growing up with acquisitions of multi-family assets in Japan alone reaching $8.5 billion last year, according to Real Capital Analytics. However, that increase in demand is also raising asset prices and squeezing yields… Read More>>

Asia Pacific’s rental residential sector is rapidly growing up with acquisitions of multi-family assets in Japan alone … Read more>>>

Simon Dixon, Hongk,ong Land

Craig Beattie to Succeed Simon Dixon as Hongkong Land Finance Chief

Simon Dixon, Hongk,ong Land

2021/05/20 by Christopher Caillavet Leave a Comment

Blue-chip developer Hongkong Land announced Thursday that chief financial officer Simon Dixon is stepping down from his role at the end of August to return to Australia.

Dixon will be succeeded by Craig Beattie, currently chief financial officer of hotel… Read More>>

Blue-chip developer Hongkong Land announced Thursday that chief financial officer Simon Dixon is stepping down from his … Read more>>>

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