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GDS Data Centre in Shanghai

GDS Said Weighing $10B Bid for GLP Data Centres and More Asia Real Estate Headlines

2021/05/18 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, Chinese cloud computing firm GDS considers buying data centre assets from logistics giant GLP, Blackstone rolls snake eyes in its bid for Australian casino operator Crown Resorts, and CDL announces support measures for… Read More>>

Jenny Lim Yin Nee

Fourth CDL Director Quits After Singapore Developer Declares $1.4B Loss

2021/05/04 by Michael Cole Leave a Comment

A fourth director has resigned from the board of City Developments Ltd (CDL) after the troubled Singapore development titan reported a loss attributable to shareholders of S$1.9 billion ($1.4 billion) in 2020.

Jenny Lim Yin Nee ended her role as… Read More>>

sherman kwek CDL

CDL JV with Hongkong Land Unit Enters $336M Top Bid for Singapore Residential Plot

2021/04/28 by Christopher Caillavet Leave a Comment

A joint venture of City Developments Ltd and Hongkong Land affiliate MCL Land has made the top bid for a residential plot near Singapore’s Little India neighbourhood.

The partnership’s bid of S$445.9 million ($336.2 million) for the 99-year leasehold site… Read More>>

Yao Jinbo header

Anjuke Boss Calls for RMB 4B Fine of Beike and More Asia Real Estate Headlines

2021/04/13 by Michael Cole Leave a Comment

Fines are in fashion in China as the boss of real estate listings site Anjuke seems to have been inspired by recent government action against Alibaba to call down government fury upon his larger competitor.

Singapore is… Read More>>

Tencent Cloud Launches First Indonesia Data Centre And More Asia Real Estate Headlines

2021/04/12 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, Chinese internet giant Tencent launches its first data centre in Indonesia, the investment arm of Canada’s biggest pension plan announces an Indian office joint venture with developer RMZ, and another Indian developer, Macrotech,… Read More>>

China Boycotts Western Brands Over Xinjiang Sanctions and More Real Estate Headlines

2021/03/26 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, China strikes back at Western apparel brands over their allegations of forced labour in Xinjiang, mainland developers report slimmed-down debt levels in their annual results, and the country’s $1 trillion sovereign wealth fund… Read More>>

Woolworths warehouses

Blackstone Favouring Sale of Aussie Logistics Portfolio and More Asia Real Estate Headlines

2021/03/15 by Pimfha Chandhapradit Leave a Comment

In our latest roundup of regional news headlines, Blackstone reportedly sours on the idea of an IPO for its Australian logistics portfolio, a managed accommodation provider in India nears a deal to raise $120 million in funding, and new-home prices… Read More>>

Kwek-Leng-Beng-CDL

CDL Strikes Back After Chinese JV Partner Questions Decision-Making

2021/03/12 by Christopher Caillavet Leave a Comment

A war of words is brewing after Singapore-based City Developments Ltd clapped back against what it termed incorrect information issued by its joint venture partner, Chinese developer Sincere Property Group.

CDL’s response on Thursday came a day after Sincere released… Read More>>

wang wenxue cfld tb

Developer CFLD Defaults on Another $1.3B in Debt and More Asia Real Estate Headlines

2021/03/11 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, heavily leveraged mainland developer CFLD announces its latest default, China’s Sincere Property throws shade on joint venture partner CDL of Singapore, and 41 parties enter the race for a Hong Kong development project.

… Read More>>

goodwin gaw

Gaw Capital Said Planning US SPAC and More Asia Real Estate Headlines

2021/02/26 by Michael Cole Leave a Comment

Special purpose acquisition companies are in vogue among Hong Kong’s best-known financiers, with a report indicating that Goodwin Gaw’s Gaw Capital Advisors is planning a US SPAC just days after the city’s richest man, Li Ka-shing was said to be… Read More>>

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