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PGIM's Benett Theseira

PGIM Real Estate Achieves $447M First Close on Asia Core Fund 

PGIM's Benett Theseira

2019/09/30 by James Hatton Leave a Comment

PGIM Real Estate has reached a first close of $447 million on its Asia Core Fund, according to an announcement by the asset management unit of US financial giant Prudential.

Seeded with a $290 million portfolio of four assets in… Read More>>

PGIM Real Estate has reached a first close of $447 million on its Asia Core Fund, according to an announcement by the … Read more>>>

Ngoc Chu

Asia Real Estate People in the News 2019-09-30

Ngoc Chu

2019/09/30 by James Hatton Leave a Comment

In this week’s edition of Mingtiandi’s People in the News, Colliers’ head of international properties in Asia has stepped down to join CBRE’s residential agency team in Sydney, while a Singapore-based property-listings portal has made a pair of key hires… Read More>>

In this week’s edition of Mingtiandi’s People in the News, Colliers’ head of international properties in Asia has … Read more>>>

ben lee keppel

Keppel Buys Office Building in Shanghai’s Zhangjiang High Tech Park for RMB 493M

ben lee keppel

2019/09/30 by Jan Kot Leave a Comment

Keppel Land China, the mainland property arm of Keppel Corporation, has agreed to acquire a completed commercial property in Shanghai’s Zhangjiang High Tech Park for RMB 493 million ($69.23 million), according to an announcement by the Singapore-listed developer on Friday.

… Read More>>

Keppel Land China, the mainland property arm of Keppel Corporation, has agreed to acquire a completed commercial … Read more>>>

KPF design principal Jeffrey Kenoff,

KPF Plans to Bridge Hangzhou’s West Lake, Grand Canal with RMB 19B Hang Lung Project

KPF design principal Jeffrey Kenoff,

2019/09/30 by Jan Kot 1 Comment

Hong Kong-based developer Hang Lung Properties has teamed up with New York-based architecture firm Kohn Pedersen Fox (KPF) Associates to begin construction on Westlake 66, a 194,100 square metre commercial development in Hangzhou’s Xiacheng district.

The project, which broke ground… Read More>>

Hong Kong-based developer Hang Lung Properties has teamed up with New York-based architecture firm Kohn Pedersen Fox … Read more>>>

Sharon Lim Mapletree Commercial Trust

Mapletree REIT to Acquire Google APAC HQ in S$1.55B Singapore Biz Park Buy

Sharon Lim Mapletree Commercial Trust

2019/09/28 by James Hatton Leave a Comment

The manager of Mapletree Commercial Trust has agreed to acquire Google’s Asia Pacific headquarters in Singapore as part of a S$1.55 billion ($1.14 billion) purchase of four buildings in the city’s Pasir Panjang area.

Mapletree Commercial Trust Management, in an… Read More>>

The manager of Mapletree Commercial Trust has agreed to acquire Google’s Asia Pacific headquarters in Singapore as part … Read more>>>

adrian cheng

Henderson, New World May Hand Over Plots as HK Govt Explores Land Requisitioning

adrian cheng

2019/09/28 by James Hatton Leave a Comment

Two of Hong Kong’s largest developers have expressed their willingness to hand over part of their land banks for housing development as the government looks into requisitioning underused plots in a bid to lessen a home shortage.

On Thursday, Henderson… Read More>>

Two of Hong Kong’s largest developers have expressed their willingness to hand over part of their land banks for housing … Read more>>>

Tokyo Skyline

Straits Trading Agrees to Acquire Trio of Tokyo Buildings and More Asia Real Estate Headlines

Tokyo Skyline

2019/09/28 by Michael Cole Leave a Comment

Singapore’s hunger for overseas property leads Mingtiandi’s roundup of real estate headlines today as one of the city state’s most active private investment firms has agreed to buy a set of three buildings in Tokyo.

Hong Kong’s ongoing struggles also… Read More>>

Singapore’s hunger for overseas property leads Mingtiandi’s roundup of real estate headlines today as one of the city … Read more>>>

Ascott Buys Sydney Serviced Apartment Project for S$192M 

2019/09/27 by James Hatton Leave a Comment

The Ascott Ltd, CapitaLand’s hospitality unit, is buying a freehold serviced residence project in Sydney for S$192 million ($139 million), bringing Ascott’s assets under management to S$10 billion globally, according to an announcement by the company.

The serviced apartment owner-operator… Read More>>

The Ascott Ltd, CapitaLand’s hospitality unit, is buying a freehold serviced residence project in Sydney for S$192 … Read more>>>

Kai Tak runway

Developers Fail to Land in Kai Tak as Hong Kong Government Cancels Latest Site Sale 

Kai Tak runway

2019/09/26 by James Hatton Leave a Comment

As Hong Kong edges into its fourth month of social unrest, the city government announced yesterday that it had cancelled the latest sale of a plot on a former airport runway in Kowloon East.

The Lands Department said it had… Read More>>

As Hong Kong edges into its fourth month of social unrest, the city government announced yesterday that it had cancelled … Read more>>>

Lendlease Launches S$1B Singapore Commercial REIT and More Asia Real Estate Headlines

2019/09/26 by James Hatton Leave a Comment

A commercial real estate investment trust sponsored by an Australian developer leads the way in Mingtiandi’s roundup of real estate headlines today with the news that the REIT has officially launched on the Singapore stock exchange, in an offering aiming… Read More>>

A commercial real estate investment trust sponsored by an Australian developer leads the way in Mingtiandi’s roundup of … Read more>>>

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