CapitaLand is betting on the continued growth of the Shanghai office market, picking up a newly completed office project in the city’s Wujiaochang area for RMB 2.64 billion ($388.6 million), according to an announcement today by the Singapore-listed property giant…. Read More>>
China Capital Controls Ending Aussie Investment Wave and More Asia Real Estate Headlines
China’s credit controls have been driving up prices for its domestic real estate, but might start having the opposite effect on the Australian market, according to a story in today’s headlines. Also in the news, Evergrande Real Estate continues to… Read More>>
Credit Squeeze Pushes Developers to Asset-Backed Securities and More Asia Real Estate Headlines
Readers of today’s headlines may be sharpening their screenwriting skills as the opportunity to write the Chinese version of the Big Short is looking more likely than ever before. Also, in the news, China’s richest man adds marathons to his… Read More>>
CapitaLand Names Three New CEOs for Singapore’s Largest Real Estate Group
Singapore-based CapitaLand announced five appointments on Tuesday, shaking up their top management in key positions that will take effect on May 1.
Ronald Tay Boon Hwee will be taking over as chief executive officer of CapitaLand Singapore, from outgoing boss Wen… Read More>>
Raffles City HCMC Could Be on the Way as CapitaLand Plans Vietnam Expansion
Singapore’s CapitaLand continues to ramp up its Vietnam presence as the city-state’s biggest developer suggested that it would consider building one of its Raffles City commercial projects in Ho Chi Minh City.
The signature development comes as part of a… Read More>>
HNA Pitches HK$9.26B Rights Issue to Pay for Kai Tak Land Buys and More Asia Real Estate Headlines
If you wondered how China’s most acquisitive conglomerate plans to pay for the HK$27 billion in sites it just purchased in Kai Tak, then the mystery was solved today when HNA announced an upcoming rights issue that should cover part… Read More>>
CapitaLand and BlackRock Said in Exclusive Talks for Singapore’s Asia Square 2
Singapore’s CapitaLand is in exclusive talks to acquire the 1,220,000 square foot (113,350 square metre) Asia Square Tower 2 in Singapore’s Marina Bay from BlackRock Real Estate Fund III, according to sources familiar with the transaction.
The 46-storey Asia Square Tower… Read More>>
Ascott Opens Millennial Lab in Singapore to Test Co-Living Model
Serviced residence provider The Ascott Limited has partnered with Singapore Management University to open a 32,000 square foot (3,000 square metre) residential laboratory to explore new habitats for Asia’s millennials as the potential for co-living catches the attention of some… Read More>>
Asia Real Estate People in the News 2017-02-26
The big trend in real estate jobs this year seems to be real estate professionals finding new homes in the co-working world, as yet another agency veteran signs up with a shared office provider. Also this week, a former mainland… Read More>>
CapitaLand Buys $440 Mil Japan Portfolio Following Positive Q4
Just days after the release of encouraging financial results for the fourth quarter, the retail wing of Singapore’s largest property developer says it plans to spend JPY49.7 billion ($440.5 million) to add three office buildings and a shopping mall to… Read More>>
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