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Vivocity Singapore

Mapletree Profit Slides on Flat Revenue and More Asia Real Estate Headlines

2023/05/29 by Christopher Caillavet Leave a Comment

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>>

Tembusu Grand

Singapore’s CDL Sees Q1 Sales Plunge 55% as Home Inventory Runs Dry

2023/05/22 by Beatrice Laforga Leave a Comment

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 Housing market

China Developer Home Sales Rise for Third Month and More Asia Real Estate Headlines

2023/05/01 by Michael Cole Leave a Comment

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>>

Carlyle co-founders

PAG, Carlyle Scale Back Latest Buyout Funds and More Asia Real Estate Headlines

2023/04/21 by Michael Cole Leave a Comment

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>>

Tembusu Grand Launch

CDL-Hongkong Land JV Sells 53% of Units at Launch and More Asia Real Estate Headlines 

2023/04/10 by Christopher Caillavet Leave a Comment

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>>

Jurong Point

Link REIT’s $2.4B Rights Issue Oversubscribed and More Asia Real Estate Headlines

2023/03/28 by Christopher Caillavet Leave a Comment

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>>

45 Barker Road Hong Kong

Mansion on Hong Kong’s Peak Eyes Asia Price Record and More Asia Real Estate Headlines

2023/03/23 by Christopher Caillavet Leave a Comment

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>>

Sofitel Brisbane Central - Facade

Singapore’s CDL Buys Brisbane Hotel From Brookfield for $119M

2023/03/22 by Beatrice Laforga Leave a Comment

City Developments Ltd has agreed to buy a five-star hotel in central Brisbane from Canada’s Brookfield Asset Management for A$177.7 million ($119 million), as Australia continues to attract Singaporean investors.

CDL, through a joint venture equally owned by its Millennium… Read More>>

Grace Woo Chia-ching, executive director of CK Asset (Getty Images)

Asia Real Estate People in the News 2023-03-20

2023/03/20 by Michael Cole Leave a Comment

Senior changes at developers in Hong Kong and mainland China lead this week’s review of personnel changes in Asia, with CK Asset saying farewell to a long-time executive director and Dalian Wanda’s mall unit losing its chairman and president. Also… Read More>>

St Katharine Docks London

CDL Completes $468M Buy of London Mixed-Use Complex From Blackstone

2023/03/09 by Christopher Caillavet Leave a Comment

Singapore’s City Developments Ltd has completed its purchase of the St Katharine Docks complex in central London from funds advised by Blackstone for £395 million ($468.2 million).

The property spans more than 500,000 square feet (46,450 square metres) of office,… Read More>>

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