Singapore’s largest non-state-backed developer leads this week’s set of staffing changes from around Asia’s real estate industry as the company names a new CIO. Also making the list is CapitaLand Investment, which has appointed new leadership for its Korea data… Read More>>
Singapore’s IREIT Buying 17 French Retail Properties for $82M
Singapore-listed IREIT Global has agreed to acquire a portfolio of 17 retail properties across France for €76.8 million ($82 million), as the Europe-focused trust continues to diversify its holdings beyond the office sector.
Classified as out-of-town retail parks, the freehold… Read More>>
Singapore’s CDL Set to Kick Off Pair of Aussie BTR Projects
Singapore property heavyweight City Developments Ltd (CDL) has officially entered Australia’s build-to-rent (BTR) residential sector with a pair of development projects set to break ground in the second half of this year.
CDL Australia will begin construction on a rental… Read More>>
Mapletree Profit Slides on Flat Revenue and More Asia Real Estate Headlines
In today’s roundup of regional real estate headlines, state-backed Singaporean investor Mapletree reports a 39 percent drop in net profit, and Hong Kong home price growth nearly grinds to a halt amid rising interest rates. Also in the news, Singapore’s… Read More>>
Singapore’s CDL Sees Q1 Sales Plunge 55% as Home Inventory Runs Dry
City Developments Ltd (CDL) saw its sales plunge 55 percent in the first quarter as it nearly ran out of homes to sell in Singapore’s housing frenzy.
Singapore’s largest non-government-backed developer sold 88 units worth S$213.2 million ($158.4 million) in… Read More>>
China Developer Home Sales Rise for Third Month and More Asia Real Estate Headlines
China’s recovering housing market leads today’s set of headlines from around the region as the mainland’s top developers grew their contracted sales for a third straight month in April. Also making the list today, Hong Kong’s MTR aims to spice… Read More>>
PAG, Carlyle Scale Back Latest Buyout Funds and More Asia Real Estate Headlines
Worsening relations between China and the United States lead today’s headline roundup as geopolitics appear to be denting trans-Pacific investment fundraising with a pair of the world’s largest private equity firms scaling back their latest buyout strategies. Also in the… Read More>>
CDL-Hongkong Land JV Sells 53% of Units at Launch and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, buyers rush to the latest residential project by CDL and Hongkong Land in Singapore’s Katong area, and Blackstone-backed India retail trust Nexus REIT reportedly readies its IPO.
Tembusu Grand Sells… Read More>>
Link REIT’s $2.4B Rights Issue Oversubscribed and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Asia’s biggest listed property trust gets a strong response to its rights issue, and troubled mainland China developer Shimao puts a Hong Kong hotel up for sale as it struggles to pay down… Read More>>
Mansion on Hong Kong’s Peak Eyes Asia Price Record and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a mainland buyer circles a Hong Kong mansion for a potential record-breaking deal, and Evergrande’s restructuring plan receives lukewarm reviews.
Barker Road Mansion Set to Sell for Record Price Per… Read More>>
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