In today’s roundup of regional headlines, Jiayuan International becomes the third Chinese builder to lose a winding-up case, and the heir apparent to Singapore’s prime minister tries to calm property price jitters. Also making the news, China home prices inch… Read More>>
CapitaLand Investment Appoints GPIF’s Yamada to Lead Japan, Adds Citi Exec to China Team
With Japan growing in importance as a global real estate investment market, CapitaLand Investment Limited has named Hideto Yamada, who formerly led global real estate for the country’s Government Pension Investment Fund (GPIF), to lead its business in Asia’s second… Read More>>
CapitaLand Investment Buying Six Osaka Multi-Family Assets for $106M
Singapore’s CapitaLand Investment has agreed to buy six rental housing assets in Osaka for S$141.4 million ($105.9 million), marking the first multi-family acquisitions for the firm’s flagship regional core-plus fund.
The listed fund management arm of property giant CapitaLand entered… 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’s CICT Posts 4.8% Rise in 2nd-Half Distributable Income, Boosted by Acquisitions
CapitaLand Integrated Commercial Trust’s distributable income rose 4.8 percent year-on-year to S$355.1 million (now $268.2 million) in the second half of 2022, as the Singapore-listed REIT profited from contributions by newly acquired properties and higher rental income from most city-state… Read More>>
China Property Investment Tumbled 10% Last Year and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, China reports an exceedingly rare decline in property investment for the whole of 2022, and Singapore’s residential rents are seen continuing their surge this year.
China Property Investment Falls for… Read More>>
Asia Real Estate People in the News 2022-12-26
A set of top level moves at Hong Kong-listed mainland China developers leads Mingtiandi’s regional personnel roundup this week, with China New Town Development and China Resources Land naming new board members, and Fosun Tourism has also added a new… Read More>>
CapitaLand India Trust To Invest $155M in 36MW Hyderabad Data Centre
An India-focused property trust managed by Singapore’s CapitaLand Group is committing around INR 12 billion ($155 million) to build a 36 megawatt data centre in Hyderabad, as it ramps up its digital infrastructure footprint in Asia’s third largest economy.
SGX-listed… Read More>>
Capitaland Development Hires Keppel’s Ben Lee as Head of China
The development division of Singapore’s CapitaLand Group has hired away rival Keppel Land’s chief operating officer to head up its growing China operations.
Ben Lee has been named chief executive officer of CapitaLand Development (China) as of 1 November and… Read More>>
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