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Korean Investors Face $270M Loss on Vegas Hotel and More Asia Real Estate Headlines

2021/02/17 by Pimfha Chandhapradit Leave a Comment

In this edition of our regional news roundup, South Korean investors move a step closer to losing their shirt on a Las Vegas bet, Singapore’s finance minister sounds the alarm on ultra-low interest rates, and Hong Kong-listed Chinese tech firms… Read More>>

In this edition of our regional news roundup, South Korean investors move a step closer to losing their shirt on a Las … Read more>>>

Sanjeev Dasgupta - CEO of Ascendas India Trust

Ascendas India Trust Buying Amazon-Leased Hyderabad Offices for $70M

Sanjeev Dasgupta - CEO of Ascendas India Trust

2021/02/16 by Christopher Caillavet Leave a Comment

Ascendas India Trust on Tuesday announced that it has agreed to purchase an office building in Hyderabad, India leased almost entirely to online giant Amazon as the CapitaLand-managed REIT continues to build its tech space portfolio on the subcontinent.

The… Read More>>

Ascendas India Trust on Tuesday announced that it has agreed to purchase an office building in Hyderabad, India leased … Read more>>>

Savills IM, Alistair Ennever

Savills IM Paying $79M to Add Polish Warehouse to Vestas Logistics Fund

Savills IM, Alistair Ennever

2021/02/16 by Christopher Caillavet Leave a Comment

Savills Investment Management on Monday said it had exchanged contracts to acquire a logistics property in Poland for a Korean-backed fund at a price of €65.5 million ($79.6 million).

The transaction is Savills IM’s second on behalf of Vestas European… Read More>>

Savills Investment Management on Monday said it had exchanged contracts to acquire a logistics property in Poland for a … Read more>>>

CK Asset Sells Asia’s Priciest Apartment at $59M and More Asia Real Estate Headlines

2021/02/16 by Pimfha Chandhapradit Leave a Comment

In Mingtiandi’s latest roundup of regional news headlines, a luxury Hong Kong apartment changes hands for a record-breaking price, a Chinese provincial court gives the go-ahead to HNA Group’s restructuring, and Singapore notches its strongest January home sales in eight… Read More>>

In Mingtiandi’s latest roundup of regional news headlines, a luxury Hong Kong apartment changes hands for a … Read more>>>

Stuart Crow JLL

Japan Deals Jumped 37% as North Asia Led Q4 2020 Investment Rebound

Stuart Crow JLL

2021/02/15 by Christopher Caillavet Leave a Comment

North Asia proved to be the most resilient slice of the Asia Pacific region in the fourth quarter of 2020 as Japan, China and South Korea recorded a jump in real estate transactions, according to research by JLL.

Drawing on… Read More>>

North Asia proved to be the most resilient slice of the Asia Pacific region in the fourth quarter of 2020 as Japan, … Read more>>>

Japan’s Unizo Teeters on Edge of Bankruptcy and More Asia Real Estate Headlines

2021/02/15 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, a creditor calls into question the solvency of Japanese hotel operator Unizo, Singapore home sales reach their highest level in more than two years, and the retreat of foreign banks from pricey Hong… Read More>>

In today’s roundup of regional news headlines, a creditor calls into question the solvency of Japanese hotel operator … Read more>>>

todd-olson-2018-

Sydney and Singapore Join World’s Top 10 Data Centre Markets

todd-olson-2018-

2021/02/15 by Christopher Caillavet Leave a Comment

Sydney and Singapore rank among the world’s premier data centre markets, claiming the third and fifth spots in a top 10 dominated by US cities, according to research by Cushman & Wakefield.

For its study, the property consultancy evaluated 1,189… Read More>>

Sydney and Singapore rank among the world’s premier data centre markets, claiming the third and fifth spots in a top 10 … Read more>>>

Chelsie Chan

Asia Real Estate People in the News 2021-02-15

Chelsie Chan

2021/02/15 by Michael Cole Leave a Comment

One of Asia’s biggest investors leads Mingtiandi’s collection of people moves during the first days of the Ox Year, as Malaysia’s Employees Provident Fund names a new chief executive. Also picking out new leadership is Hong Kong’s RedBox Storage, and… Read More>>

One of Asia’s biggest investors leads Mingtiandi’s collection of people moves during the first days of the Ox Year, as … Read more>>>

Anthea Lee Keppel

Keppel DC REIT Installs New CEO After Distributions Grew 20% in 2020

Anthea Lee Keppel

2021/02/15 by Christopher Caillavet Leave a Comment

The board of Singapore’s top-performing REIT on Monday announced the formal appointment of Anthea Lee as chief executive, effective immediately, after receiving the required regulatory approval.

Lee assumes the top job at Keppel DC REIT after serving as deputy CEO… Read More>>

The board of Singapore’s top-performing REIT on Monday announced the formal appointment of Anthea Lee as chief … Read more>>>

Lendlease's new CEO

Lendlease Taps Asia Head Tony Lombardo to Succeed Group CEO Steve McCann

Lendlease's new CEO

2021/02/13 by Christopher Caillavet Leave a Comment

Australian real estate group Lendlease is looking to Asia for its future, as the ASX-listed firm on Thursday announced that Tony Lombardo would become its new group chief executive from 31 May.

Lombardo, who is currently based in Singapore as… Read More>>

Australian real estate group Lendlease is looking to Asia for its future, as the ASX-listed firm on Thursday announced … Read more>>>

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