With the real estate world getting ready for the sprint to the end of 2018, there are still a few professionals jockeying for new positions across Asia as we pass the mid-point in September. This week a CapitaLand veteran takes… Read More>>
Asia Real Estate People in the News 2018-09-10
This week in Mingtiandi’s collection of real estate industry executives taking on new roles, a Fosun veteran takes the lead at the education unit of the company’s real estate division, and at the same time that Jack Ma says that… Read More>>
CapitaLand Buys Suburban HCMC Residential Site for $59M
It’s been a busy week for Southeast Asia’s biggest real estate developer, as CapitaLand today announced its VND 1.38 billion ($58.98 million) acquisition of a site in the eastern suburbs of Vietnam’s Ho Chi Minh City.
The acquisition of the… Read More>>
CapitaLand Sells 70% Stake in Singapore’s Westgate Mall for S$789.6M
CapitaLand announced on August 27th that the company is selling its 70 percent stake in the Westgate shopping centre in Singapore to its CapitaLand Mall Trust (CMT) affiliate for S$789.6 million ($578.6 million). The transaction, which is expected to be… Read More>>
CapitaLand Appoints Lee Chee Koon as Group CEO in Accelerated Succession
CapitaLand has named 43-year-old Lee Chee Koon, the current group chief investment officer, as president and group chief executive officer of Southeast Asia’s largest real estate developer, according to an announcement dated 28 August and posted to the company’s website.
CapitaLand-CDL JV Buys 3.7 Hectare Singapore Site for $566M
A CapitaLand-City Developments (CDL) joint bid won a government tender for a 3.7 hectare mixed-use site in northeastern Singapore with a bid of S$777.78 million ($566 million), according to announcements by the two companies.
In their first cooperation since 2007,… Read More>>
Condo Complex in SG’s River Valley Aims for S$401M Sale and More Asia Real Estate Headlines
Despite recent hikes in stamp duty and other cooling measures in Singapore, another set of hopeful condo owners lead today’s real estate headlines with a proposed S$401 million collective sale in the city’s posh District Nine. Meanwhile, in Hong Kong,… Read More>>
Asia Real Estate People in the News 2018-07-02
The job market for Asia’s real estate professionals remains hot as we enter July with an Ascendas-Singbridge veteran finding a new role with a local developer and a long-time Cushman executive finding a new place in a competitor’s flexible office…. Read More>>
IHG to Add 300 China Hotels Within Five Years and More Asia Real Estate Headlines
China’s 1.3 billion people need more places to stay as they increasingly hit the road and a plan by the parent company of Holiday Inn hotels to build 300 new hotels to house these mainland travellers leads today’s real estate… Read More>>
CapitaLand Hires Apollo’s Caleb Shen to Boost Fund Management Business: Exclusive
The fund management division of Southeast Asia’s largest real estate firm continues to build up its team, with CapitaLand Investment Management (CLIM) having added a former Apollo Global Management partner to its leadership this week, according to an internal memo… Read More>>
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