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CapitaLand Sinks to S$1.67B Loss in 2020 H2 and More Asia Real Estate Headlines

2021/02/24 by Pimfha Chandhapradit Leave a Comment

In our latest roundup of regional news headlines, Singapore property giant CapitaLand reports an eye-watering loss for the second half and full year of 2020, Wharf Holdings plans to lease out a posh property on Hong Kong’s Peak, and co-working… Read More>>

China Fortune Land Beijing

China Fortune Land Defaults on $813M Debt and More Asia Real Estate Headlines

2021/02/03 by Pimfha Chandhapradit Leave a Comment

In our latest roundup of regional news headlines, a mainland Chinese developer becomes the first victim of strict deleveraging rules, JD Logistics is reportedly targeting a $2 billion IPO this month, and a tycoon’s daughter snaps up control of Hong… Read More>>

bob tan ascott

Ascott Residence Trust Buying Atlanta Student Housing Block for $95M

2021/01/27 by Christopher Caillavet Leave a Comment

Shaking off some downbeat financial results, Singapore-listed Ascott Residence Trust on Wednesday announced its maiden foray into the US student housing market with the acquisition of a mid-rise Atlanta property for $95 million.

The transaction, expected to be completed this… Read More>>

Seoul Office Deals Reached Record $12.1B in 2020 and More Asia Real Estate Headlines

2021/01/25 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, Seoul records another banner year in office transactions, Singapore developer CapitaLand warns of a likely 2020 loss, and China Evergrande enjoys a sizeable fundraising for its electric vehicle arm.

Seoul… Read More>>

Mr Tan Yew Chin_CEO_CapitaLand Singapore

CapitaLand Tops Out Singapore Trophy Tower, Targets Completion This Year

2021/01/19 by Christopher Caillavet Leave a Comment

CapitaSpring, a $1.3 billion mixed-use project in Singapore’s Raffles Place commercial hub, has achieved its full height of 280 metres (919 feet), according to an announcement by its owners.

Now 75 percent complete in terms of overall construction, the 51-storey… Read More>>

CapitaLand China Retail REIT Sells Wuhan Properties and More Asia Real Estate Headlines

2021/01/12 by Pimfha Chandhapradit Leave a Comment

In today’s news roundup, Singapore-listed CapitaLand Retail China Trust makes a deal to sell properties in Wuhan, a female executive is sought on suspicion of a casino heist on South Korea’s Jeju island, and Australia blocks the Chinese buyout of… Read More>>

jason leow

CapitaLand Launches $300M Multifamily Joint Venture in Austin, TX

2020/12/07 by Michael Cole Leave a Comment

Singapore’s CapitaLand is taking its commitment to the tech economy overseas as Southeast Asia’s largest developer today announced a joint venture to develop apartments in Austin, Texas.

The Temasek Holdings-backed builder says that it has formed a JV with a… Read More>>

Jason Leow CapitaLand

CapitaLand Sells Japan Malls, Seoul Office for $335M, Unveils Logistics JV With Mitsui

2020/12/01 by Christopher Caillavet Leave a Comment

CapitaLand’s shift to a strategy aligned with an increasingly digital economy continues, with the Singaporean developer on Tuesday announcing the divestment of three Japanese malls and a Korean office tower for a combined S$448.7 million ($335 million), and the acquisition… Read More>>

Jonathan Hannam - Taronga

CapitaLand Welcomes New Partner to Singapore Proptech Innovation Lab

2020/11/30 by Elizabeth Kerr Leave a Comment

Some of Singapore’s largest developers have announced tech initiatives in recent weeks as the city-state focuses on creating more efficient and sustainable buildings. That trend continued Monday with CapitaLand announcing a new partner in an innovation lab targeting the real… Read More>>

abi plaza

CapitaLand Fund Closes on Buy of SG’s ABI Plaza and More Asia Real Estate Headlines

2020/11/28 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, a CapitaLand-affiliated fund completes its purchase of Singapore’s ABI Plaza from MYP, billionaire Ray Dalio makes plans to open a family office in the city-state, and Japanese department store operator Takashimaya turns to… Read More>>

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