The family of Singapore’s first elected president has put a mansion in one of the city-state’s poshest areas on the market, with that story leading today’s headline roundup. Also in the news, Malaysian builder Gamuda buys a data centre development… Read More>>
AIMS APAC REIT Selling Singapore Warehouse for $18M and More Asia Real Estate Headlines
An industrial REIT announces plans to sell a western Singapore shed, with that disposal leading today’s headline roundup. Also making the list, China Evergrande seeks a buyer for founder Xu Jiayin’s private jet and Fosun Tourism bids to take itself… Read More>>
Singapore’s GIC Builds 5% Stake in Brisbane Airport and More Asia Real Estate Headlines
Singaporean giant GIC acquires a stake in Australia’s third-busiest airport, with that investment leading today’s headline roundup. Also making the list, Hong Kong developer Chinachem wins a New Territories commercial site and mainland builder Sunac sells its stake in a… Read More>>
Chinachem Wins Hong Kong Site Tender With $131M Bid and More Asia Real Estate Headlines
Locally based builder Chinachem has been awarded a residential site in Hong Kong’s New Territories, with that story leading today’s headline roundup. Also making the list, GLP cancels a bond sale over insufficient demand and Mapletree Industrial Trust completes a… Read More>>
GLP China Stake Sale Said to Stall and More Asia Real Estate Headlines
Discussions on the sale of a stake in GLP’s China arm to a state-owned firm hit a snag, with that story leading today’s headline roundup. Also making the list, a residential plot in Hong Kong’s New Territories draws six bids… Read More>>
Shophouses in Singapore’s Bugis Area Selling for $55M and More Asia Real Estate Headlines
Three adjoining shophouses in Singapore’s Bugis area are being sold for a total of S$72 million ($55 million), with that story leading today’s headline roundup. In other news, Tokyo Metro has raised ¥348.6 billion ($2.3 billion) in Japan’s largest initial… Read More>>
Daishin Securities Seoul Office Sale Collapses and More Asia Real Estate Headlines
The collapse of a Korean office deal leads this edition of Mingtiandi’s headline roundup, with Daishin Securities pulling the plug on the sale of its Seoul headquarters to NH-Amundi. Also making the list, a Shenzhen private developer exits a central… Read More>>
Asia Real Estate People in the News 2024-08-26
Investment managers and pension funds lead this week’s review of personnel moves from around Asia’s real estate industry, featuring a pair of senior Korean executives. Blackstone also makes the list with a new chief for its private REIT.
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Chinachem CEO Donald Choi to Retire, Former Link REIT COO Cheung to Take Top Role
Hong Kong’s Chinachem Group has announced that Donald Choi will retire and step down from his role as chief executive officer of the privately held developer, with former Link REIT chief operating officer Andy Cheung set to succeed him on… Read More>>
Hong Kong’s New World Selling New Territories Mall to Chinachem for $514M
New World Development is selling a shopping centre in Hong Kong’s Tsuen Wan area to Chinachem Group at a one-third discount from its reported asking price, as the Hong Kong-listed builder continues to pare its investment portfolio as part of… Read More>>
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