China’s ongoing real estate struggles lead today’s news from around the real estate world, with home prices falling for a thirteenth straight month, as sales dropped 15 percent during September. That slide also includes developer Yango Group being hit with… Read More>>
Leadership changes at mainland real estate firms lead this week’s collection of personnel moves from around the region, as China Resources Land announces a new president at the same time that Shimao Services and LVGEM China say goodbye to non-executive… Read More>>
Distressed developers and troubled tech takeovers lead today’s collection of real estate headlines from around the region, as one of Singapore’s biggest banks sues Shimao Group in Hong Kong and Gaw Capital finds an opportunity to move into real estate… Read More>>
SGX-listed CapitaLand Integrated Commercial Trust will spend S$62 million ($44.7 million) to upgrade its Clarke Quay nightlife complex along the Singapore River into a day-and-night destination with enhanced sustainability credentials.
The value-add project, to be carried out in phases from… Read More>>
In today’s roundup of regional news headlines, Singapore’s CapitaLand and Hong Kong’s Link REIT are reportedly working on bids for a $3 billion portfolio of shopping malls in the Lion City, while developer Chip Eng Seng pulls the plug on… Read More>>
CapitaLand Investment Ltd reported on Thursday that its first quarter income rose 16 percent to S$598 million ($428.5 million), carried mostly by its real estate investment business which saw an upswing in earnings despite the pandemic.
“Most of our markets… Read More>>
The office tower at 79 Robinson Road in Singapore’s downtown core officially has new owners and a new name after the sale of the year-and-a-half-old property by CapitaLand Investment and its Japanese partners.
CapitaLand Integrated Commercial Trust and a private… Read More>>
New board appointments in Singapore lead Mingtiandi’s first roundup of personnel moves for May, as CapitaLand’s primary commercial REIT adds a new independent, non-executive director, and SGX-listed Heeton Holdings makes a similar change in its top decision-making body. There are… Read More>>
CapitaLand Investment and its Japanese partners have agreed to sell 79 Robinson Road in Singapore’s downtown core for S$1.26 billion ($930 million) to CapitaLand Integrated Commercial Trust (CICT) and a private fund managed by the Temasek Holdings-backed giant.
In a… Read More>>
In today’s roundup of regional news headlines, Singapore sovereign investor GIC eyes an investment in a Bengaluru commercial project, China’s declining home prices decelerate for a second month, and Australia’s Lendlease tumbles to a first-half loss as the developer seeks… Read More>>