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Lt-Gen (Retd) Winston Choo Wee Leong

CDL, Alpha JV Selling Singapore Office Blocks in S$395M Deal

Lt-Gen (Retd) Winston Choo Wee Leong

2019/04/20 by Michael Cole Leave a Comment

City Developments Ltd (CDL) and Alpha Investment Partners have agreed to sell a suburban office project in Singapore at a reported S$395 million ($291.5 million) valuation, marking the second divestment from a joint venture between the listed developer and the… Read More>>

City Developments Ltd (CDL) and Alpha Investment Partners have agreed to sell a suburban office project in Singapore at … Read more>>>

Zhou Zheng

GIC, COFCO Said Piloting Mainland REIT and More Asia Real Estate Headlines

Zhou Zheng

2019/04/20 by Michael Cole Leave a Comment

The launch of India’s first REIT last month may have served as a wake up call for Chinese regulators, who have been millimetring toward listed property trusts for more than a decade, but now seem ready to launch a pilot… Read More>>

The launch of India’s first REIT last month may have served as a wake up call for Chinese regulators, who have been … Read more>>>

Ng Yat Chung SPH

Singapore’s SPH Spends £133.7M on 4th Purchase of UK Student Housing in 8 Months

Ng Yat Chung SPH

2019/04/18 by Jan Kot Leave a Comment

Singapore Press Holdings (SPH), has acquired £133.7 million ($175.3 million) worth of student housing assets in the UK, allowing the publisher turned property developer to increase its portfolio of UK university accommodation by 1,243 beds to 5,059, the company announced… Read More>>

Singapore Press Holdings (SPH), has acquired £133.7 million ($175.3 million) worth of student housing assets in the UK, … Read more>>>

Christian Lee

WeWork Said to Back Out of Five Hong Kong Lease Deals and More Asia Real Estate Headlines

Christian Lee

2019/04/18 by Michael Cole Leave a Comment

Mainland investors are back in a buying mood, according to news reports from China today, but the world’s biggest co-working provider may be feeling suddenly budget-conscious in Hong Kong a new account from Reuters says. Meanwhile in Singapore, the landlords… Read More>>

Mainland investors are back in a buying mood, according to news reports from China today, but the world’s biggest … Read more>>>

tony tang blackrock

BlackRock Names Tony Tang Head of China

tony tang blackrock

2019/04/17 by Michael Cole Leave a Comment

Asset management giant BlackRock on Wednesday named veteran finance executive Tony Tang as its new head of China, as the US-based firm continues to ramp up its presence in the world’s second-largest economy.

The 46-year-old, who since May last year… Read More>>

Asset management giant BlackRock on Wednesday named veteran finance executive Tony Tang as its new head of China, as the … Read more>>>

Chen Feng HNA

HNA’s CWT International Defaults on HK$1.4B Loan

Chen Feng HNA

2019/04/17 by Jan Kot Leave a Comment

CWT International (CWTI), a unit of Chinese conglomerate HNA Group announced on Tuesday that it had defaulted on a HK$1.4 billion ($179 million) loan it received less than seven months ago — an event which its creditors say could lead… Read More>>

CWT International (CWTI), a unit of Chinese conglomerate HNA Group announced on Tuesday that it had defaulted on a … Read more>>>

Liu Chengcheng One Hennessy

New HK Office Leases Drop 30% in March and More Asia Real Estate Headlines

Liu Chengcheng One Hennessy

2019/04/17 by Jan Kot Leave a Comment

China’s first quarter surge of liquidity is already helping to boost mainland home prices, but relief may not yet have spread beyond its borders, judging by reports from around the region this week. In Hong Kong, a paucity of mainland… Read More>>

China’s first quarter surge of liquidity is already helping to boost mainland home prices, but relief may not yet have … Read more>>>

Mark Dixon IWG

Regus Parent IWG Sells Japan Business for £320M in Shift to Franchise Model

Mark Dixon IWG

2019/04/16 by Michael Cole Leave a Comment

IWG, the parent company for Regus has agreed to sell its Japanese business for £320 million ($446 million) as the flexible office provider shifts toward a franchise model.

The London-listed firm is selling 100 percent of the equity in the… Read More>>

IWG, the parent company for Regus has agreed to sell its Japanese business for £320 million ($446 million) as the … Read more>>>

Yu Zhisheng Tahoe

Tahoe Exec Linked to Gangster Buyer of Hong Kong Tower Detained in Shenzhen

Yu Zhisheng Tahoe

2019/04/16 by Jan Kot Leave a Comment

A senior executive of Fuzhou-based property developer Tahoe Group is said to have been detained since last week for reasons suspected to be linked to the earlier arrest of the chairman of Shenzhen-based China Create Capital, according to local Chinese… Read More>>

A senior executive of Fuzhou-based property developer Tahoe Group is said to have been detained since last week for … Read more>>>

31 Queen Street Melbourne

AEW Buys Melbourne Office Tower for A$200M and More Asia Real Estate Headlines

31 Queen Street Melbourne

2019/04/16 by Michael Cole Leave a Comment

Events in Australia, India and Japan command top coverage in Asia’s real estate industry today with US fund manager AEW adding a Melbourne office tower to its portfolio down under, while warehouse giant ESR takes on another Tokyo area project… Read More>>

Events in Australia, India and Japan command top coverage in Asia’s real estate industry today with US fund manager AEW … Read more>>>

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