Less than three months after targeting buyers of multiple homes with higher transaction taxes and tightened lending conditions, Singapore is introducing increases in property taxes which could raise rates charged to owners of residential investment properties by one-third or more.
Asia Real Estate People in the News 2022-01-31
China’s great developer restructuring leads today’s list of real estate personnel moves from around the region, as Evergrande Group welcomes a top government restructuring expert to its board. Also, in the news, Ontario-based investor Cadillac Fairview has named a new… Read More>>
Hines-DWS JV Buys Singapore Industrial Asset From Blackstone, Soilbuild for $69M
US developer and investment firm Hines has made its first acquisition in the Singapore market, teaming up with German fund manager DWS Group to buy a ramp-up workshop in the Bukit Batok area from a Blackstone-controlled trust for S$93.8 million… Read More>>
Asia Real Estate People in the News 2022-01-10
A new year’s wave of job changes continues to roll across the region, with Raffles Infrastructure losing its head in Singapore, Jerde’s APAC boss taking over the architecture firm’s top spot globally and Shui On Land continuing to reshape its… Read More>>
Asia Real Estate People in the News 2021-11-29
A top level appointment at China Vanke’s offshore division leads this week’s roundup of personnel moves, and the manager of Singapore-listed Sasseur REIT suffers another senior departure. There are also new faces reporting to work at CBRE in Singapore as… Read More>>
Asia Real Estate People in the News 2021-11-08
A top level change at Korea’s sovereign wealth fund leads this week’s roundup of personnel moves from around the region as KIC’s head of real estate reportedly is exiting the $157 billion fund after being name to his position in… Read More>>
Kaisa Flogs Assets After Missing Payment and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, trading of Kaisa Group’s Hong Kong-listed shares is halted after the developer misses a payment on a wealth management product, CBRE completes its buyout of consultancy Turner & Townsend, and Singapore-listed ARA US… Read More>>
KKR to Acquire Sofitel Sydney Wentworth From Frasers Hospitality Trust for $236M
KKR’s new head of Australia real estate is already having an impact, as the US private equity giant has struck a deal to buy the landmark Sofitel Sydney Wentworth from Frasers Hospitality Trust for A$315 million ($236.7 million).
Singapore-listed FHT… Read More>>
Asia Real Estate People in the News 2021-10-25
A top-level appointment at a design and build business leads Mingtiandi’s review of regional personnel moves this week as former Colliers International standby Paul Baxter has joined PAG in a bet that Asia Pacific is ready for more worker-friendly places… Read More>>
SHKP Ekes Out 1.7% Profit Increase and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Hong Kong developer Sun Hung Kai reports a modest profit increase for its fiscal 2020/21, Singapore’s Fragrance Group applies to delist from the SGX after a privatisation offer, and CBRE says data centre… Read More>>
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