A new board member for one of Hong Kong’s best known developers leads today’s look at personnel moves from around the region, as Jardine Matheson doubles down on attempts to transform itself into a manager of third party capital. Also… Read More>>
Jardine Matheson’s Astra Buys Indonesian Shed Builder MMP in $202M Deal
Indonesia’s Astra Property, the real estate division of Jardine Matheson’s Astra conglomerate, has acquired a 83.67 percent stake in warehouse specialist Mega Manunggal Property for IDR 3.35 trillion ($202 million).
The transaction values MMP at $241 million on an equity… Read More>>
Asia Real Estate People in the News 2025-04-28
Leadership moves in Singapore and Indonesia lead this week’s review of personnel changes from around Asia’s real estate world as a Singapore-listed REIT of US properties names a new finance head and a Jardines-controlled developer in Indonesia upgrades its top… Read More>>
Sunac China Shares Drop 59% as Trading Resumes and More Asia Real Estate Headlines
One of China’s largest developers was able to resume trading of its shares on the Hong Kong exchange today, with investors promptly selling off equity in the defaulting builder. Also making our headline roundup today is a data centre joint… Read More>>
Hongkong Land Takes on First Logistics Project with Logos Indonesia JV
Hongkong Land is embarking on its first-ever logistics project by teaming up with its Indonesian sister firm PT Astra International and warehouse specialist Logos Property in a joint venture to develop and manage warehouses in Southeast Asia’s largest economy.
The… Read More>>