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Hongkong Land CEO Michael Smith

Hongkong Land Reports Q3 Profit Jump on China Project Completions

Hongkong Land CEO Michael Smith

2024/11/17 by Kevin He Leave a Comment

Getting homes into the hands of mainland buyers helped boost Hongkong Land’s bottom line in the third quarter, with the blue chip developer reporting improved underlying profit for the period thanks to handing over housing completed at its residential and… Read More>>

Getting homes into the hands of mainland buyers helped boost Hongkong Land’s bottom line in the third quarter, with the … Read more>>>

Tuan Sing CEO William Liem

Singapore’s Tuan Sing Plans Redevelopment of Grand Hyatt Melbourne Podium

Tuan Sing CEO William Liem

2024/11/16 by Christopher Caillavet Leave a Comment

Tuan Sing Holdings has submitted a planning application to redevelop the retail podium of the Grand Hyatt Melbourne, which the Singapore-based firm owns.

Tuan Sing seeks to revitalise 121-131 Collins Street and 23-25 George Parade, currently comprising the 550-room Grand… Read More>>

Tuan Sing Holdings has submitted a planning application to redevelop the retail podium of the Grand Hyatt Melbourne, … Read more>>>

William Tay, CEO of CapitaLand Ascendas REIT

CapitaLand Ascendas REIT Developing $70M South Carolina Logistics Project

William Tay, CEO of CapitaLand Ascendas REIT

2024/11/16 by Christopher Caillavet Leave a Comment

CapitaLand Ascendas REIT on Friday announced its acquisition of a US logistics project at a total investment cost of S$94.8 million ($70.5 million).

CLAR purchased a land parcel in Summerville, South Carolina, near the southern state’s largest city of Charleston,… Read More>>

CapitaLand Ascendas REIT on Friday announced its acquisition of a US logistics project at a total investment cost of … Read more>>>

Brian Oravec RealTerm

Realterm Names Brian Oravec Chief Investment Officer for Asia Pacific

Brian Oravec RealTerm

2024/11/16 by Kevin He Leave a Comment

US logistics developer and fund manager Realterm has appointed Brian Oravec as chief investment officer for Asia Pacific, with the executive rejoining the firm after co-founding and heading Indian industrial developer and owner IndoSpace.

Based in Singapore, Oravec will help… Read More>>

US logistics developer and fund manager Realterm has appointed Brian Oravec as chief investment officer for Asia … Read more>>>

Housing in Huai'an, Jiangsu, China (Getty Images)

China Home Prices Fall at Fastest Pace in 9 Years and More Asia Real Estate Headlines

Housing in Huai'an, Jiangsu, China (Getty Images)

2024/11/16 by Michael Cole Leave a Comment

China’s new home prices continue their slide despite signs that stimulus measures are having a stabilising effect, with that story leading today’s headline roundup. Also making the list, Singapore developer home sales reach a 2024 high and Japan’s Itochu Corp… Read More>>

China’s new home prices continue their slide despite signs that stimulus measures are having a stabilising effect, with … Read more>>>

Tony Tan CICT

CapitaLand Commercial REIT Sells WeWork-Leased Singapore Tower for $510M

Tony Tan CICT

2024/11/14 by Christopher Caillavet Leave a Comment

CapitaLand Integrated Commercial Trust sold its 21 Collyer Quay office tower in Singapore’s Raffles Place to an undisclosed buyer on Monday for S$688 million ($510.8 million), the SGX-listed REIT’s manager announced Tuesday.

The sale price is equal to an independent… Read More>>

CapitaLand Integrated Commercial Trust sold its 21 Collyer Quay office tower in Singapore’s Raffles Place to an … Read more>>>

Malcolm Maclean Star Asia

KKR, Pacifica, Star Asia, Axe Share Insights Into Japan’s Hotel Gold Rush: MTD TV

Malcolm Maclean Star Asia

2024/11/14 by Christopher Caillavet Leave a Comment

Some of the most prominent players in Japan’s sizzling hospitality market discussed the country’s tourism boom and the importance of international-branded hotels in attracting foreign guests as part of Tuesday’s Mingtiandi Tokyo Forum. Watch the full recording>>

Four experts from… Read More>>

Some of the most prominent players in Japan’s sizzling hospitality market discussed the country’s tourism boom and the … Read more>>>

Mark Fong, Empyrion DC

Singapore’s Empyrion Developing 12MW Bangkok Data Centre as First Thai Project

Mark Fong, Empyrion DC

2024/11/14 by Christopher Caillavet Leave a Comment

Empyrion Digital has entered a fifth Asian market with the development of an edge co-location data centre in Bangkok, marking the Singapore-based firm’s maiden investment in Thailand.

The Bangkok facility, dubbed TH1, spans more than 9,960 square metres (107,209 square… Read More>>

Empyrion Digital has entered a fifth Asian market with the development of an edge co-location data centre in Bangkok, … Read more>>>

HMC Capital managing director and CEO David Di Pilla

HMC Completes $1.4B Global Switch Australia Buy and More Asia Real Estate Headlines

HMC Capital managing director and CEO David Di Pilla

2024/11/14 by Michael Cole Leave a Comment

HMC Capital completes its acquisition of Global Switch’s Australia arm, with that data centre deal leading today’s headline roundup. Also in the news, Singapore’s Golden Mile Complex reveals redevelopment details and K Wah founder Lui Che-woo dies at age 95.

… Read More>>

HMC Capital completes its acquisition of Global Switch’s Australia arm, with that data centre deal leading today’s … Read more>>>

Mizuho Bank Sees Japan’s Rising Office Rents Offsetting Rate Hikes: MTD TV

2024/11/14 by Kevin He Leave a Comment

Japan’s commercial real estate market is expected to remain strong as solid fundamentals and limited new supply mitigate the impact of rising interest rates on valuations, according to top executives from Mizuho Bank, Tokyo Trust Capital, L Catterton Real Estate,… Read More>>

Japan’s commercial real estate market is expected to remain strong as solid fundamentals and limited new supply mitigate … Read more>>>

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