Top level moves in Hong Kong and Singapore lead this week’s collection of personnel changes around the region, including a new boss at Champion REIT and a former Keppel REIT chief resurfacing at competitor CapitaLand.
We also… Read More>>
CapitaLand Buying Singapore’s JCube Mall From CICT for $253M
CapitaLand Integrated Commercial Trust (CICT) has agreed to sell a mall in western Singapore’s Jurong Lake District to CapitaLand for S$340 million ($253 million), the second disposal of a local asset announced by the SGX-listed REIT in less than three… Read More>>
Asia Real Estate People in the News 2022-01-03
A flurry of board moves at mainland China property firms leads Mingtiandi’s first roundup of regional personnel moves in 2022, with Agile Group, Greentown Services and Longfor Group all reaching for new leadership as the industry’s debt crisis grinds on.
Evergrande Sued Over Unpaid Commissions and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a Hong Kong property agency takes legal action against China Evergrande over unpaid commissions, Singapore’s CapitaLand teams up with Japan’s Mitsubishi Estate on a business park west of Shanghai, and New World Development… Read More>>
Shimao Deal Triggers Fresh Developer Rout and More Asia Real Estate Headlines
A sudden announcement that Shimao’s property services unit is paying $259 million for one of the group’s subsidiaries has moved the Hong Kong-listed developer centre stage in China’s developer drama, and to the top of Mingtiandi’s list of real estate… Read More>>
Keppel Land to Divest Nanjing Project for $274M and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore-based developer Keppel Land offloads a housing project in eastern China, Li Ka-shing’s CK Asset prepares to market luxury residences in Singapore’s Bukit Timah area, and Hong Kong’s Housing Authority struggles to sell… Read More>>
CapitaLand Selling Pair of Sydney Office Assets to Commercial Trust for $472M
Units of Singapore’s CapitaLand group have agreed to sell two office buildings in Sydney to CapitaLand Integrated Commercial Trust for an agreed property value of A$672 million ($472 million), marking the SGX-listed REIT’s maiden entry into Australia and second overseas… Read More>>
Evergrande Loses Spot on Hang Seng Index and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, embattled developer Evergrande is dropped from one of Hang Seng’s Hong Kong stock indices, data centre platform STT GDC explores the Philippines, and British tech firm Dyson moves into its new global headquarters… Read More>>
CapitaLand, Ascendas REIT Take on $653M SG Tech Park Project
The development arm of CapitaLand Group is partnering with a REIT from its own stable in a S$883 million ($653 million) redevelopment set to triple the size of a commercial project in Singapore Science Park, according to a release late… Read More>>
CPPIB India JV Announces $181.6M Mumbai Project and More Asia Real Estate Headlines
A pair of India deals lead today’s roundup of regional news headlines, as Canadian pension fund manager CPPIB invests in a Mumbai mixed-use project and Singapore’s CapitaLand acquires a plot for a Navi Mumbai data centre. China’s GDS, meanwhile, picks… Read More>>
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