Asia real estate and outbound investment news
AEW has agreed to sell its second office tower in Singapore’s downtown core this year, as the market for commercial assets in Southeast Asia’s wealthiest city continues to attract global investors.
US private equity giant KKR is paying AEW just… Read More>>
Global property consultancy CBRE on Tuesday announced the promotion of Luke Moffat to regional managing director and head of advisory and transaction services for Asia Pacific.
Moffat succeeds Manish Kashyap, who was elevated to global president of advisory and transaction… Read More>>
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.
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>>
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>>
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>>
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>>
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>>
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’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>>
