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Robert Kuok

Kerry-Allgreen JV Pays S$700M for Rights to SG Resi-Retail Project

Robert Kuok

2019/03/26 by James Hatton Leave a Comment

A pair of developers owned by Malaysian tycoon Robert Kuok have secured a prime mixed-use site in Singapore for S$700 million ($518 million), according to Singapore’s Housing and Development Board.

In the final round of a two phase tender, the… Read More>>

A pair of developers owned by Malaysian tycoon Robert Kuok have secured a prime mixed-use site in Singapore for S$700 … Read more>>>

Huang Qishen Tahoe

Tahoe Sells Jiangxi Stake to Shimao to Beat Bond Deadline and More Asia Real Estate Headlines

Huang Qishen Tahoe

2019/03/26 by Michael Cole Leave a Comment

Financial drama leads the real estate news from China today as Tahoe Group announces the sale of another project stake to Shimao in its race to meet a Thursday deadline for repaying investors in a RMB 3 billion bond.

In… Read More>>

Financial drama leads the real estate news from China today as Tahoe Group announces the sale of another project stake … Read more>>>

Huang Qisen Tahoe Group

Tahoe Sells Stake in Hangzhou Project in Scramble to Repay RMB 3B Bond This Week

Huang Qisen Tahoe Group

2019/03/25 by Michael Cole Leave a Comment

Facing a 28 March deadline to repay principal and interest on a RMB 3 billion ($450 million) bond, Tahoe Group issued a statement to the Shenzhen stock exchange today reassuring investors that the financially troubled mainland developer would be able… Read More>>

Facing a 28 March deadline to repay principal and interest on a RMB 3 billion ($450 million) bond, Tahoe Group issued a … Read more>>>

Kwok Ying Lan Yuzhou

Yuzhou Properties Buys HK Office Floor From Chairman’s Wife for HK$898M

Kwok Ying Lan Yuzhou

2019/03/25 by Jan Kot Leave a Comment

Members of the consortium that paid nearly $5.2 billion to purchase the Center on Hong Kong’s Queen’s Road in 2017 have been struggling in the city’s current market slowdown, but an announcement this week indicates that one of the wealthy… Read More>>

Members of the consortium that paid nearly $5.2 billion to purchase the Center on Hong Kong's Queen's Road in 2017 have … Read more>>>

Bernadette Linn Director of Lands

Kai Tak Residential Site Gets Six Bids From 10 Hong Kong Developers

Bernadette Linn Director of Lands

2019/03/24 by Jan Kot Leave a Comment

Hong Kong’s Lands Department announced on March 22 that it had received six bids from a total of 10 developers for a 103,150 square foot (9,583 square meter) residential plot on the site of the city’s former Kai Tak Airport.

… Read More>>

Hong Kong’s Lands Department announced on March 22 that it had received six bids from a total of 10 developers for a … Read more>>>

Mercure Stevens Road Singapore

Oxley Reboots Sale of S$950M Singapore Hotels After Buyer Balks

Mercure Stevens Road Singapore

2019/03/24 by Jan Kot Leave a Comment

Oxley Holdings has appointed new consultants to find a fresh buyer for its Novotel and Mercure hotels on Stevens Road after a previous suitor was found to have breached the terms of a letter of intent for purchase of the… Read More>>

Oxley Holdings has appointed new consultants to find a fresh buyer for its Novotel and Mercure hotels on Stevens Road … Read more>>>

yan jianguo CSCEC

Asia Real Estate People in the News 2019-03-25

yan jianguo CSCEC

2019/03/24 by Michael Cole Leave a Comment

Companies from the construction, investment and development branches of Asia’s real estate industry are all seeing top level changes in their teams this week, including a new chairman at the Hong Kong division of China’s largest construction company and a… Read More>>

Companies from the construction, investment and development branches of Asia’s real estate industry are all seeing top … Read more>>>

Warburg Pincus Said Selling Down VN Retail Stake and More Asia Real Estate Headlines

2019/03/23 by Nina Suebsukcharoen Leave a Comment

Vietnam, Los Angeles, and Shanghai all make a showing in today’s top real estate news from Asia with an account of a top US private equity firm looking to cash in on a Vietnam retail property leading the list.

In… Read More>>

Vietnam, Los Angeles, and Shanghai all make a showing in today's top real estate news from Asia with an account of a top … Read more>>>

Charoen Sirivadhanabhakdi Frasers Property (Getty Images)

Frasers Group Paying S$635M to Boost Stake in PGIM SE Asia Retail Fund to 67%

Charoen Sirivadhanabhakdi Frasers Property (Getty Images)

2019/03/22 by Michael Cole Leave a Comment

Frasers Property Ltd and Frasers Centrepoint Trust, a REIT managed by a unit of the Singapore-listed developer, are together acquiring an additional 31.66 percent stake in a PGIM retail real estate fund that owns a set of suburban Singaporean malls,… Read More>>

Frasers Property Ltd and Frasers Centrepoint Trust, a REIT managed by a unit of the Singapore-listed developer, are … Read more>>>

John Pattar KKR

PE Giant KKR Said Raising $1.5B for Maiden Asia Real Estate Fund

John Pattar KKR

2019/03/21 by Michael Cole Leave a Comment

US private equity pioneer KKR expects to reach a first close on its maiden Asia real estate fund within the next three months, according to a report today by Reuters.

The funding vehicle, which would be in addition to the… Read More>>

US private equity pioneer KKR expects to reach a first close on its maiden Asia real estate fund within the next three … Read more>>>

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