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Song Weiping Greentown

Greentown China Clamps Down on Cashflow as Govt Triggers a Mainland Credit Squeeze

Song Weiping Greentown

2018/07/03 by Michael Cole Leave a Comment

Greentown China, which nearly became a casualty of the mainland’s previous housing slowdown in 2014, has raised concern among investors this week after the Hangzhou-based developer issued a notice urging staff to urgently improve the company’s cashflow.

The notice distributed… Read More>>

Greentown China, which nearly became a casualty of the mainland’s previous housing slowdown in 2014, has raised concern … Read more>>>

Lim Eng Hwee URA

Singapore Home Prices Jump 9% in 12 Months — Set for Double-Digit 2018 Increase

Lim Eng Hwee URA

2018/07/03 by Richard Meyer Leave a Comment

Singapore residential prices rose nine percent on year and are close to all-time highs, according to a flash second-quarter price report issued by the city’s Urban Redevelopment Authority (URA) on July 2nd.

The latest jump in home prices moves the… Read More>>

Singapore residential prices rose nine percent on year and are close to all-time highs, according to a flash … Read more>>>

peter meyer Lodgis

Warburg-Backed Hospitality Investor Buys Pair of Historic Cambodian Hotels

peter meyer Lodgis

2018/07/03 by Michael Cole Leave a Comment

Lodgis Hospitality Holdings, a Singapore-based hotel investor and developer backed by Warburg Pincus and VinaCapital has completed the acquisition of a pair of heritage hotels in Cambodia, according to an announcement by the two-year-old firm.

The Indochina-focused hotel firm purchased… Read More>>

Lodgis Hospitality Holdings, a Singapore-based hotel investor and developer backed by Warburg Pincus and VinaCapital has … Read more>>>

Chen Feng HNA

HNA Said Shopping Radisson Hotels Amid Cash Crunch and More Asia Real Estate Headlines

Chen Feng HNA

2018/07/03 by Michael Cole Leave a Comment

China’s troubled HNA Group leads the region’s real estate news again today as the once-trigger happy buyer continues to unload assets around the globe. Chen Feng’s transport and tourism-focused group is now said to be selling off Minnesota’s Radisson Hotel… Read More>>

China’s troubled HNA Group leads the region’s real estate news again today as the once-trigger happy buyer continues to … Read more>>>

Goodwin and Kenneth Gaw

Gaw Capital Buys Melbourne Complex for A$157M

Goodwin and Kenneth Gaw

2018/07/02 by Michael Cole Leave a Comment

Gaw Capital Partners continues to be in buy mode this week as the Hong Kong-based investment manager has headed south to Melbourne, Australia to pick up a hospitality and office complex for A$157 million ($115 million)

The family run real… Read More>>

Gaw Capital Partners continues to be in buy mode this week as the Hong Kong-based investment manager has headed south to … Read more>>>

Son of Chong Hing Bank Director Makes 30% Profit in 3 Months Thanks to HNA Fire Sale

2018/07/02 by Greg Isaacson Leave a Comment

Hong Kong investor Jeffrey Liu Wai-lun has sold an office unit in Admiralty for HK$52.01 million ($6.63 million) – 30 percent more than the price he paid to snap up the strata-titled asset from struggling Chinese conglomerate HNA Group just… Read More>>

Hong Kong investor Jeffrey Liu Wai-lun has sold an office unit in Admiralty for HK$52.01 million ($6.63 million) – 30 … Read more>>>

Martijn Roordink Spaces

Spaces Kicks Off Nine-Fold Expansion in Singapore Co-Working Centres

Martijn Roordink Spaces

2018/07/02 by Richard Meyer Leave a Comment

Co-working provider Spaces is opening five new locations in Singapore by the end of next year, taking its holdings in the country from a single site to half of a dozen shared office centres as rising rents and changing work… Read More>>

Co-working provider Spaces is opening five new locations in Singapore by the end of next year, taking its holdings in … Read more>>>

Gwee-Lian-Kheng

Asia Real Estate People in the News 2018-07-02

Gwee-Lian-Kheng

2018/07/02 by Michael Cole Leave a Comment

The job market for Asia’s real estate professionals remains hot as we enter July with an Ascendas-Singbridge veteran finding a new role with a local developer and a long-time Cushman executive finding a new place in a competitor’s flexible office…. Read More>>

The job market for Asia’s real estate professionals remains hot as we enter July with an Ascendas-Singbridge veteran … Read more>>>

CapitaLand Commercial Trust Sells SG Office Tower for $379M

2018/06/30 by Greg Isaacson Leave a Comment

CapitaLand Commercial Trust (CCT) has chalked up Singapore’s biggest office transaction of the year by agreeing to sell Twenty Anson, a 20-storey office building in the Tanjong Pagar neighbourhood, for a total of S$516 million ($379 million).

The Singapore-listed trust,… Read More>>

CapitaLand Commercial Trust (CCT) has chalked up Singapore's biggest office transaction of the year by agreeing to sell … Read more>>>

George Hongchoy Link REIT

Link REIT, Nan Fung Top Out Quayside Project in Kowloon East With Assist From JP Morgan

George Hongchoy Link REIT

2018/06/30 by Shawna Kwan Leave a Comment

Asia’s largest REIT, together with Hong Kong’s biggest privately owned developer has just topped out a nearly 900,000 square foot office tower in the city’s Kowloon East area, as demand for office space continues to build in the alternative business… Read More>>

Asia’s largest REIT, together with Hong Kong's biggest privately owned developer has just topped out a nearly 900,000 … Read more>>>

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