US fund management titan Blackstone leads today’s collection of real estate headlines from around Asia as the company makes plans for a presence close to Korea’s largest pension fund. Also in the news, Morgan Stanley gets pessimistic on Singapore property… Read More>>
Asia Real Estate People in the News 2023-07-17
A senior Singapore investment executive leads this week’s round of personnel moves from around the region with a potential shift from the financial to the political realms. Also making the list, a Shenzhen developer gives his son an upgrade and… Read More>>
Jonathan Yap Named CapitaLand Development CEO as Leow Retires Early
Singapore property giant CapitaLand on Thursday announced the upcoming retirement of CapitaLand Development CEO Jason Leow, to be succeeded by Jonathan Yap, the current CEO of listed funds at CapitaLand Investment.
Yap will take the reins from Leow on 5… Read More>>
CapitaLand Said Investing $1.5B to Acquire Projects From Vietnam’s VinGroup
Singaporean heavyweight CapitaLand Group is in talks to purchase Vietnamese real estate projects worth $1.5 billion from the country’s largest listed developer, Vinhomes JSC, according to an account by Reuters on Monday.
CapitaLand is in talks with the Hanoi-based firm… Read More>>
CapitaLand to Redevelop Singapore’s JCube Mall Into 40-Storey Residential Project
Singapore’s CapitaLand Development has obtained provisional permission from authorities to redevelop its JCube mall into a 40-storey residential project after acquiring the property from an affiliated REIT one year ago.
Targeted for completion in 2027, the development will feature commercial… Read More>>
CapitaLand to Acquire Vietnam Mixed-Use Site and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, CapitaLand’s development arm agrees to acquire a mixed-use site in Ho Chi Minh City, China Vanke readies a Hong Kong IPO of its property management division, and reports emerge of Evergrande’s EV unit… Read More>>
Chinese Developer Swaps Homes for Crops and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a Chinese developer resorts to taking crops as payment for homes, heavily indebted Evergrande gets a delisting alert from the Hong Kong bourse, and Singapore’s DBS extends a sizeable green loan to sovereign… Read More>>
CapitaLand Wins Wuhan, Chengdu Sites for $550M and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, CapitaLand enters the winning bids for residential development sites in Wuhan and Chengdu, Indian logistics developer IndoSpace is reportedly mulling a Singapore IPO, and state-owned China Poly plans to sell several projects in… Read More>>
SHKP, Hysan Profits Slide, Bigger Challenges Loom and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a pair of Hong Kong property giants report profit declines, Singapore’s CapitaLand eyes an industrial project in Vietnam, and Jingrui becomes the latest Chinese developer to request debt payment extensions.
Read More>>
CapitaLand Sells Hanoi Office Project to Viva Land For $550M
Just over a year after opening a 100,000 square metre office project in western Hanoi, a fund managed by Capitaland Investment Ltd has sold the partially filled asset for S$751 million ($558 million), leaving it with just one partially developed… Read More>>