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Asia Real Estate People in the News 2018-04-30

2018/04/30 by Greg Isaacson Leave a Comment

Leading today’s people moves, a top executive at CPPIB upgrades her title at the global investment giant with a significant Asian real estate portfolio. A plethora of agency pros are updating their name cards, with a CBRE exec in India… Read More>>

Leading today's people moves, a top executive at CPPIB upgrades her title at the global investment giant with a … Read more>>>

Zhang Guobiao Forchn

Forchn to Set Up $150M Logistics Fund, Wins Rights to SE Asia Warehouses From YCH

Zhang Guobiao Forchn

2018/04/30 by Mingtiandi Team Leave a Comment

Chinese manufacturer and warehouse developer Forchn Holdings has signed a framework agreement with Singaporean logistics provider YCH Group to cooperate on investments in Southeast Asia and China including establishing a $150 million warehouse fund.

“The partnership with YCH Group is… Read More>>

Chinese manufacturer and warehouse developer Forchn Holdings has signed a framework agreement with Singaporean logistics … Read more>>>

Robert Iger Disney

Shanghai Disney Adds Toy Story Land as Rival Chinese Parks Struggle

Robert Iger Disney

2018/04/28 by Shawna Kwan Leave a Comment

Two weeks after a top Chinese government planning body warned against the “blind” construction of theme parks, Walt Disney unveiled the first expansion of its Shanghai Disney Resort with the presence of municipal government representatives sporting grins nearly as large… Read More>>

Two weeks after a top Chinese government planning body warned against the “blind” construction of theme parks, Walt … Read more>>>

Cuscaden Road site

New World, FEC and SC Global in Record $309M Singapore Site Bid

Cuscaden Road site

2018/04/28 by Shawna Kwan Leave a Comment

Hong Kong developers New World Development and Far East Consortium have teamed up with their Singapore counterpart SC Global Developments to lodge a record S$410 million ($309 million) bid for a residential site near the city-state’s Orchard Road, according to an… Read More>>

Hong Kong developers New World Development and Far East Consortium have teamed up with their Singapore counterpart SC … Read more>>>

Oceanwide Plaza

China Oceanwide Tops Out $1B LA Project and More Asia Real Estate Headlines

Oceanwide Plaza

2018/04/28 by Greg Isaacson Leave a Comment

Leading today’s roundup, mainland developer China Oceanwide Holdings has topped out its billion-dollar mixed-use development in downtown Los Angeles, after acquiring the site in 2013. Meanwhile, back in Asia, Singapore’s real estate recovery has spread to the retail sector, as… Read More>>

Leading today's roundup, mainland developer China Oceanwide Holdings has topped out its billion-dollar mixed-use … Read more>>>

Payson Cha Hanison

Kowloon Commercial Building Close to HK$2.5B Sale and More Hong Kong Real Estate Headlines

Payson Cha Hanison

2018/04/28 by Shawna Kwan Leave a Comment

Leading today’s Hong Kong real estate news, a commercial building in Jordan, one station north of Tsim Sha Tsui, is said to be close to be disposed of for HK$2.5 billion as investor interest in Kowloon commercial properties continues to… Read More>>

Leading today’s Hong Kong real estate news, a commercial building in Jordan, one station north of Tsim Sha Tsui, is said … Read more>>>

Tan Juay Hiang, CEO of Ascendas Hospitality Trust

Ascendas Hospitality Trust Ventures into Korea with $68M Seoul Hotel Deal

Tan Juay Hiang, CEO of Ascendas Hospitality Trust

2018/04/28 by Greg Isaacson Leave a Comment

Singapore-listed Ascendas Hospitality Trust has made its first foray into South Korea with a 73 billion won ($68.3 million) deal for a 215-room hotel in Seoul.

The trust, which already owns a portfolio of 11 hotels with over 4,000 rooms… Read More>>

Singapore-listed Ascendas Hospitality Trust has made its first foray into South Korea with a 73 billion won ($68.3 … Read more>>>

The Center Queen's Road

DBS Moves to Kwun Tong as SG Bank Cashes in on Hong Kong’s Red Hot Office Market

The Center Queen's Road

2018/04/26 by Shawna Kwan Leave a Comment

Singapore’s biggest bank is following the lead of US competitors Citibank and Goldman Sachs in moving its team out of Hong Kong’s Central district as office rents continue to rise in the core business area. For the Singaporean bank, the… Read More>>

Singapore’s biggest bank is following the lead of US competitors Citibank and Goldman Sachs in moving its team out of … Read more>>>

Martijn Roordink Spaces

Regus’ Co-Working Brand to Open Flagship Centre Near Singapore’s Orchard Road

Martijn Roordink Spaces

2018/04/26 by Shawna Kwan Leave a Comment

As $20 billion co-working startup WeWork expands into Southeast Asia, the company behind the world’s biggest serviced office operator is ramping up its flexible workplace presence in Singapore.

Spaces, the co-working arm of European flexible office giant IWG, which also… Read More>>

As $20 billion co-working startup WeWork expands into Southeast Asia, the company behind the world’s biggest serviced … Read more>>>

Lotte Sells Mainland Stores to Chinese Rival for $230M After Missile Defense Clash

2018/04/26 by Greg Isaacson Leave a Comment

The retail arm of Korean conglomerate Lotte Group has shed the first piece of its hypermarket business in China, following a geopolitical spat that has slashed its sales in the country by 77 percent.

Lotte Shopping will sell one of… Read More>>

The retail arm of Korean conglomerate Lotte Group has shed the first piece of its hypermarket business in China, … Read more>>>

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