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Teo Swee Lian, chairman of CICT's manager

CapitaLand REIT to Buy Remaining 55% of CapitaSpring Office Tower for $810M

Teo Swee Lian, chairman of CICT's manager

2025/08/05 by Christopher Caillavet Leave a Comment

CapitaLand Integrated Commercial Trust on Tuesday announced plans to acquire the 55 percent it does not already own in the commercial component of downtown Singapore’s CapitaSpring building at an agreed value of S$1.05 billion ($810 million).

SGX-listed CICT will buy… Read More>>

CapitaLand Integrated Commercial Trust on Tuesday announced plans to acquire the 55 percent it does not already own in … Read more>>>

Guy Cawthra of Lendlease REIT

Lendlease REIT Selling Office Zone of Singapore Complex to Keppel Funds for $359M

Guy Cawthra of Lendlease REIT

2025/08/05 by Christopher Caillavet Leave a Comment

Lendlease Global Commercial REIT has agreed to sell the office component of a mixed-use complex in western Singapore to fund manager Keppel Ltd for S$462 million ($358.5 million).

The disposal of the office zone at Jem, a commercial development connected… Read More>>

Lendlease Global Commercial REIT has agreed to sell the office component of a mixed-use complex in western Singapore to … Read more>>>

David Askham, director of portfolio management for Asia living at M&G Real Estate

M&G Buys Seoul Apartments for $17.4M to Enter South Korea’s Living Sector

David Askham, director of portfolio management for Asia living at M&G Real Estate

2025/08/05 by Michael Cole Leave a Comment

UK investment manager M&G Real Estate said Tuesday that it has made its first investment in South Korea’s living sector, picking up a set of Seoul apartments for KRW 24.3 billion ($17.4 million).

The London-based unit of M&G Plc said… Read More>>

UK investment manager M&G Real Estate said Tuesday that it has made its first investment in South Korea’s living … Read more>>>

Park Hyatt Melbourne

China’s Fu Wah Sells Melbourne Hyatt to Thai Investor and More Asia Real Estate Headlines

Park Hyatt Melbourne

2025/08/05 by Pinyada Sanguannuan Leave a Comment

Australia’s biggest hotel deal so far in 2025 leads today’s review of real estate headlines from around the region, with a Chinese investor selling off its last asset in the country. Also in the news, a pair of Japanese hotels… Read More>>

Australia's biggest hotel deal so far in 2025 leads today's review of real estate headlines from around the region, with … Read more>>>

William Tay of CapitaLand Ascendas REIT

CapitaLand Ascendas REIT H1 Net Property Income Dips 0.9% After Divestments

William Tay of CapitaLand Ascendas REIT

2025/08/04 by Christopher Caillavet Leave a Comment

CapitaLand Ascendas REIT’s net property income edged down 0.9 percent year-on-year to S$523.4 million ($406.7 million) during the first six months of 2025 as the Singapore-listed trust recorded lower revenue after selling a raft of assets.

CLAR’s first-half gross revenue… Read More>>

CapitaLand Ascendas REIT’s net property income edged down 0.9 percent year-on-year to S$523.4 million ($406.7 million) … Read more>>>

Ong Beng Seng

Ong Beng Seng Pleads Guilty and More Asia Real Estate Headlines

Ong Beng Seng

2025/08/04 by Nollanee Sriurarawat Leave a Comment

A final resolution to Singapore’s corruption case involving Ong Beng Seng leads today’s review of real estate headlines from around the region, with the tycoon pleading guilty to obstruction of justice. Also in the news, Warburg Pincus is said to… Read More>>

A final resolution to Singapore's corruption case involving Ong Beng Seng leads today's review of real estate headlines … Read more>>>

Robert Ng Sino Group

Sino Group’s Robert Ng Steps Down as Son Takes Over Chairman Roles

Robert Ng Sino Group

2025/08/04 by Christopher Caillavet Leave a Comment

Singaporean tycoon Robert Ng has called time on his chairmanship of the Hong Kong-listed Sino Group property firms, handing the reins to eldest son Daryl Ng.

The 47-year-old scion will take over as chairman of flagship builder Sino Land, as… Read More>>

Singaporean tycoon Robert Ng has called time on his chairmanship of the Hong Kong-listed Sino Group property firms, … Read more>>>

Amit Shetty Embassy Office Parks

Asia Real Estate People in the News 2025-08-04

Amit Shetty Embassy Office Parks

2025/08/04 by Michael Cole Leave a Comment

A new boss for India’s oldest real estate investment trust leads today’s review of personnel moves from around Asia as Embassy Office Parks REIT reshuffles its management. Also making the list are senior level appointments at the operator of one… Read More>>

A new boss for India’s oldest real estate investment trust leads today’s review of personnel moves from around Asia as … Read more>>>

Wang On CEO and executive director Nick Tang

TPG Angelo Gordon Fund, Wang On Buy Kowloon Hotel for $55M in Student Housing Play

Wang On CEO and executive director Nick Tang

2025/08/03 by Iris Hong Leave a Comment

A fund managed by TPG Angelo Gordon has teamed up with Wang On Properties to take advantage of Hong Kong’s cratering commercial property market by acquiring a hospitality asset in the city for conversion to student housing.

The US fund… Read More>>

A fund managed by TPG Angelo Gordon has teamed up with Wang On Properties to take advantage of Hong Kong’s cratering … Read more>>>

Serena Teo Capitaland

CapitaLand Ascott Trust Selling Central Tokyo Hotel to Mizuho Leasing for $166M

Serena Teo Capitaland

2025/08/02 by Christopher Caillavet Leave a Comment

CapitaLand Ascott Trust continues to make moves to enhance its portfolio, with the Singapore-listed lodging REIT announcing a deal Thursday to sell an ageing hotel in central Tokyo for JPY 25 billion ($166 million).

Japan’s Mizuho Leasing is buying the… Read More>>

CapitaLand Ascott Trust continues to make moves to enhance its portfolio, with the Singapore-listed lodging REIT … Read more>>>

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