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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 developer Shimao puts a Hong Kong hotel up for sale.

Link REIT’s Manager Says Rights… 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>>

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>>

CDL chairman Kwek Leng Beng

City Developments Delivers Earnings Surge and More Asia Real Estate Headlines

2023/02/23 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Singapore giant City Developments Ltd rides the hospitality recovery to an upbeat earnings report, and Chinese data centre operator GDS contemplates a stake sale after a reported data breach.

CDL’s… Read More>>

Ist mall by DaFa

EY Walks Away From Auditing Mainland Developer and More Asia Real Estate Headlines

2023/02/21 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, mainland developer DaFa announces the resignation of its auditor, and HSBC’s CEO offers an upbeat take on China’s beleaguered property sector.

EY Resigns as DaFa Auditor Over 2022 Results Dispute… Read More>>

CDL chairman Kwek Leng Beng

Singapore’s CDL in Talks To Buy London Complex From Blackstone for Reported $496M

2023/01/30 by Beatrice Laforga Leave a Comment

Singapore’s City Developments Ltd is in exclusive negotiations to purchase the St Katharine Docks complex in London from Blackstone at a reported price of nearly £400 million ($495.7 million) as the American private equity titan says it is facing a… Read More>>

sherman kwek CDL

CDL Buys 5 UK Student Housing Assets for $266M

2022/12/15 by Christopher Caillavet Leave a Comment

City Developments Ltd has beefed up its student housing portfolio in the UK with the acquisition of five properties for £215 million ($266.5 million), as the asset class continues to attract Singaporean investors to Britain and continental Europe amid a… Read More>>

sherman kwek CDL

Low Inventory Slowed CDL’s Q3 Home Sales in Singapore

2022/12/01 by Christopher Caillavet Leave a Comment

City Developments Ltd maintained what it dubbed a “resilient performance” across business segments in the third quarter of 2022, as the Singaporean property giant’s sales slowed in the absence of new project launches.

CDL and its joint venture associates sold… Read More>>

Copen Grand First EC in Tengah

CDL, MCL Land Project Sells Out in One Month as Singapore Market Stays Hot

2022/11/28 by Christopher Caillavet Leave a Comment

Singapore’s red-hot housing market is extending its reach even to far-flung Tengah Town, as an executive condominium by City Developments Ltd has sold out just one month after the project’s launch in the western planning area.

All of the remaining… Read More>>

Zhong Sheng Jian Yanlord

Pair of Sites in Singapore’s Lentor Hills Sold for $543M as Bidding Underwhelms

2022/09/13 by Christopher Caillavet Leave a Comment

Two land parcels within the new Lentor Hills estate were auctioned off by Singapore’s Urban Redevelopment Authority on Tuesday, with a consortium led by Chinese-owned United Engineers winning the larger of the two residential development sites with a bid of… Read More>>

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Singapore property giant CapitaLand on Thursday announced the upcoming retirement of CapitaLand Development CEO Jason … Read More>>

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

Senior changes at developers in Hong Kong and mainland China lead this week’s review of personnel changes in Asia, with … Read More>>

Asia Real Estate People in the News 2023-03-13

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