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Lai Wing-To Hong Kong

Hong Kong Investor Lai Wing-To Sells Wan Chai Serviced Apartment Block for $21M

Lai Wing-To Hong Kong

2024/11/11 by Kevin He Leave a Comment

Hong Kong property investor Lai Wing-To has sold a serviced apartment block in the city’s Wan Chai area, as the “Ten Billion Shop King” continues to sell down his property portfolio amid plunging commercial real estate valuations in the Asian… Read More>>

Hong Kong property investor Lai Wing-To has sold a serviced apartment block in the city’s Wan Chai area, as the “Ten … Read more>>>

The Center

DBS Completes Buy of Hong Kong Office Floor and More Asia Real Estate Headlines

The Center

2024/11/11 by Michael Cole Leave a Comment

Singapore banking giant DBS continues to acquire floors at a landmark Hong Kong office tower, with that story leading today’s headline roundup. Also making the list, private equity major Bain nears a deal to buy Singapore worker housing from Blackstone… Read More>>

Singapore banking giant DBS continues to acquire floors at a landmark Hong Kong office tower, with that story leading … Read more>>>

Albert Lau shkp

Asia Real Estate People in the News 2024-11-09

Albert Lau shkp

2024/11/11 by Michael Cole Leave a Comment

A board move at Hong Kong’s largest developer leads this week’s collection of personnel moves from around Asia as a former brokerage chief takes his leave. Also making the list are board moves at China’s Country Garden and Japan’s Tokyo… Read More>>

A board move at Hong Kong’s largest developer leads this week’s collection of personnel moves from around Asia as a … Read more>>>

Sime Darby Property managing director, Dato’ Azmir Merican

Sime Darby Buys Melbourne Site From Singaporean Investor for $76M

Sime Darby Property managing director, Dato’ Azmir Merican

2024/11/10 by Michael Cole Leave a Comment

Malaysia’s Sime Darby has purchased a car park near Melbourne’s Queen Victoria Market from the Lim family behind Singapore construction firm Evan Lim & Co and EL development for A$115 million ($76 million).

In a deal hailed as the largest… Read More>>

Malaysia’s Sime Darby has purchased a car park near Melbourne’s Queen Victoria Market from the Lim family behind … Read more>>>

Taiyo Taimi, NBIM

See AXA, UBS, Alyssa and Norges at Mingtiandi’s Tokyo Forum Tuesday on MTD TV

Taiyo Taimi, NBIM

2024/11/10 by Michael Cole Leave a Comment

Mingtiandi’s first-ever Japan event starts early Tuesday with top leaders from AXA IM Alts Real Assets, UBS Asset Management, Alyssa Partners and Norges Bank Asset Management taking the stage in a programme which starts at 9:00 AM local time (8:00… Read More>>

Mingtiandi’s first-ever Japan event starts early Tuesday with top leaders from AXA IM Alts Real Assets, UBS Asset … Read more>>>

Alok-Aggarwal Brookfield

Brookfield India REIT Swings to Six-Month Profit as Office Market Outperforms

Alok-Aggarwal Brookfield

2024/11/08 by Christopher Caillavet Leave a Comment

Brookfield India Real Estate Trust reported a net profit of INR 625.9 million ($7.4 million) for the first half of 2024, reversing a year-earlier loss of INR 250.5 million, as Asia’s most populous country continues to lead all regional markets… Read More>>

Brookfield India Real Estate Trust reported a net profit of INR 625.9 million ($7.4 million) for the first half of 2024, … Read more>>>

KKR Japan CEO Hiro Hirano

KKR Acquires Over a Third of Japan’s Fuji Soft Amid Takeover Tussle With Bain

KKR Japan CEO Hiro Hirano

2024/11/08 by Christopher Caillavet Leave a Comment

US private equity giant KKR on Thursday announced its acquisition of more than a third of Fuji Soft, becoming the company’s largest shareholder and striking the latest blow in a three-month battle with rival Bain Capital for control of the… Read More>>

US private equity giant KKR on Thursday announced its acquisition of more than a third of Fuji Soft, becoming the … Read more>>>

Mercedes-Benz Selling Back Singapore Shed and More Asia Real Estate Headlines

2024/11/08 by Michael Cole Leave a Comment

Luxury car maker Mercedes-Benz is selling a Singapore facility back to the government, with that deal leading today’s headline roundup. Also making the list, Chinese builder Hopson seeks to refinance a bridge loan and Hong Kong cuts interest rates in… Read More>>

Luxury car maker Mercedes-Benz is selling a Singapore facility back to the government, with that deal leading today’s … Read more>>>

Ong Beng Seng

Ong Beng Seng’s HPL Buys Out Orchard Road Complex for $618M in Year’s Biggest Collective Sale

Ong Beng Seng

2024/11/07 by Christopher Caillavet Leave a Comment

Hotel Properties Ltd has acquired the Concorde hotel and mall complex on Singapore’s Orchard Road for S$821 million ($618.7 million), setting the stage for the property’s redevelopment amid a government-led rejuvenation drive in Southeast Asia’s best-known shopping belt.

HPL’s bid… Read More>>

Hotel Properties Ltd has acquired the Concorde hotel and mall complex on Singapore’s Orchard Road for S$821 million … Read more>>>

siddhartha_gupta

Hillhouse’s Rava Buys Indospace India Sheds for Nearly $100M

siddhartha_gupta

2024/11/07 by Michael Cole Leave a Comment

The India unit of real estate investment manager Rava Partners has acquired logistics facilities in Chennai and Pune from rival Indospace for INR 8.4 billion ($99.6 million), according to sources familiar with the transaction.

The acquisitions of the… Read More>>

The India unit of real estate investment manager Rava Partners has acquired logistics facilities in Chennai and Pune … Read more>>>

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