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Centurion group CEO Kong Chee Min

Centurion H1 Profit Dips 38% on Lower Valuation Gains as Revenue Jumps 13%

Centurion group CEO Kong Chee Min

2025/08/08 by Christopher Caillavet Leave a Comment

Centurion Corp’s first-half attributable profit fell 38 percent year-on-year to S$73.9 million ($57.5 million) as the Singaporean developer of purpose-built accommodation booked lower fair-value gains on investment properties during the period.

Revenue rose 13 percent year-on-year to S$140.7 million on… Read More>>

Centurion Corp’s first-half attributable profit fell 38 percent year-on-year to S$73.9 million ($57.5 million) as the … Read more>>>

The K11 Art Mall in Tsim Sha Tsui

Blackstone, CapitaLand Said Circling New World Assets and More Asia Real Estate Headlines

The K11 Art Mall in Tsim Sha Tsui

2025/08/08 by Pinyada Sanguannuan Leave a Comment

Hong Kong’s New World Development leads the list of real estate happenings from around Asia as the defaulting developer is said to be shopping assets to Blackstone, CapitaLand and other investors in an effort to bail out its balance sheet…. Read More>>

Hong Kong's New World Development leads the list of real estate happenings from around Asia as the defaulting developer … Read more>>>

Allen Law (Image: Seveno Capital)

Park Hotel Founder Allen Law Breached Fiduciary Duty, Singapore High Court Finds

Allen Law (Image: Seveno Capital)

2025/08/08 by Christopher Caillavet Leave a Comment

Singapore’s High Court on Wednesday ruled that Park Hotel Management founder Allen Law had breached his fiduciary duty to the hospitality operator by transferring some of the firm’s assets to himself “at a gross undervalue”.

During the COVID pandemic, Park… Read More>>

Singapore’s High Court on Wednesday ruled that Park Hotel Management founder Allen Law had breached his fiduciary duty … Read more>>>

Cuscaden Peak CEO Gerald Yong

Cuscaden Peak to Seek Up to $584M for Singapore’s Clementi Mall

Cuscaden Peak CEO Gerald Yong

2025/08/08 by Christopher Caillavet Leave a Comment

Temasek-owned Cuscaden Peak plans to seek a buyer for The Clementi Mall in western Singapore, with market sources not involved in the transaction confirming a guide price in the range of S$730 million to S$750 million ($568.5 million to $584… Read More>>

Temasek-owned Cuscaden Peak plans to seek a buyer for The Clementi Mall in western Singapore, with market sources not … Read more>>>

Cheng Kar-Shun, NWD

New World Denies Financing Talks With Blackstone and More Asia Real Estate Headlines

Cheng Kar-Shun, NWD

2025/08/07 by Nollanee Sriurarawat Leave a Comment

New World Development’s shares surged by up to 16 percent and dollar bonds rallied after reports of a potential $2.5 billion financing deal, leading today’s Asia real estate headlines. Also in the news, CapitaLand Ascendas REIT completed its $390 million… Read More>>

New World Development’s shares surged by up to 16 percent and dollar bonds rallied after reports of a potential $2.5 … Read more>>>

Karim ghannam HSBC AM

HSBC AM Names Karim Ghannam Global Head of Real Assets

Karim ghannam HSBC AM

2025/08/07 by Michael Cole Leave a Comment

Nearly a half year after the departure of former boss Victoria Sharpe, HSBC Asset Management has named a new chief for its real estate investment division.

Karim Ghannam, who led the alternative investment unit at Deutsche Bank’s Asia Pacific asset… Read More>>

Nearly a half year after the departure of former boss Victoria Sharpe, HSBC Asset Management has named a new chief for … Read more>>>

Sherman Kwek, chief executive of City Developments Ltd (Image: CDL)

CDL Places Top Bids for Two Suburban Singapore Residential Sites

Sherman Kwek, chief executive of City Developments Ltd (Image: CDL)

2025/08/06 by Christopher Caillavet Leave a Comment

One of Singapore’s most aggressive suitors for Government Land Sales plots is poised to add to its project pipeline, with City Developments Ltd having entered the top bid in separate tenders for two suburban residential sites.

The builder controlled by… Read More>>

One of Singapore’s most aggressive suitors for Government Land Sales plots is poised to add to its project pipeline, … Read more>>>

Stuart Crow JLL

Korean Office Deals Lead 15% Jump in APAC Real Estate Investment

Stuart Crow JLL

2025/08/06 by Christopher Caillavet Leave a Comment

Commercial real estate investment in Asia Pacific jumped 15 percent year-on-year in the second quarter of 2025 to hit $31.2 billion, bringing the first-half total to $67.6 billion, up 17 percent, according to JLL.

The surge was led by South… Read More>>

Commercial real estate investment in Asia Pacific jumped 15 percent year-on-year in the second quarter of 2025 to hit … Read more>>>

William Huang GDS

GDS $335M China REIT to Begin Trading on Friday and More Asia Real Estate Headlines

William Huang GDS

2025/08/06 by Chananaun Phoolpipat Leave a Comment

Mainland data centre giant GDS leads today’s roundup of real estate headlines, as the company prepares to debut its $335 million REIT on the Shanghai Stock Exchange this Friday. Also making news, Blackstone to launch a $3.4 billion buyout of… Read More>>

Mainland data centre giant GDS leads today’s roundup of real estate headlines, as the company prepares to debut its $335 … Read more>>>

Takashi Murata, Warburg Pincus

Warburg Pincus Buys Pair of Greater Tokyo Warehouses to Expand Japan Portfolio

Takashi Murata, Warburg Pincus

2025/08/06 by Michael Cole Leave a Comment

Warburg Pincus continues to expand its real estate holdings in Asia’s second largest economy with the US private equity giant announcing on Wednesday that it has committed to acquiring a pair of Greater Tokyo warehouses for approximately $240 million.

The… Read More>>

Warburg Pincus continues to expand its real estate holdings in Asia’s second largest economy with the US private equity … Read more>>>

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