In today’s roundup of regional headlines, Singapore’s GIC completes its acquisition of a Hyderabad office complex, and Chinese state-owned builder Greenland readies its virtual asset trading platform in Hong Kong. Also in the news, Fitch plans to pull its rating… Read More>>
Asia Real Estate People in the News 2023-05-08
Management overhauls at a pair of mainland China real estate companies lead Mingtiandi’s roundup of personnel moves from around Asia this week with both Shanghai’s DaFa Properties and Shenzhen-based property manager E-Star Commercial announcing new chief executives. China Merchants Land… Read More>>
C&W Makes Michelle MacKay Only Female CEO of Global Property Agency
Chicago-based property consultancy Cushman & Wakefield on Thursday named a new chief executive, with Michelle MacKay set to take on her new role from 1 July as 35-year company veteran John Forrester prepares to retire later this year.
“The Board… Read More>>
Blackstone Fund Redemption Requests Continue and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, US investment giant Blackstone caps withdrawals from its BREIT real estate fund for a fifth straight month, and Chinese developer CIFI announces a delay in publishing its 2022 results.
Blackstone’s BREIT Hit by… Read More>>
Singapore Luxury Home Site Sold for $46M With Proceeds Going to Charity
The family of Singaporean singer-songwriter Dick Lee has sold a set of three stand-alone homes on the city-state’s upscale Chancery Hill Road to local homebuilder Sustained Land, which is expected to develop new landed homes on the site.
Sustained Land,… Read More>>
Logos Seeks Buyer for Stake in $2B Australian Industrial Portfolio
Industrial developer Logos is shopping a stake in its A$3 billion ($2 billion) Australian portfolio in what could be the biggest logistics property deal Down Under in two years.
The move by Sydney-based Logos is said to be giving the… Read More>>
Asia Real Estate People in the News 2023-03-13
The passing of a global architecture giant leads this week’s round of personnel updates on Mingtiandi, as KPF mourns the death of one of its founders. Also making the list is a new chief executive for Singapore’s Surbana Jurong, a… Read More>>
Asia Real Estate People in the News 2023-02-27
Top level turnover in mainland China leads this week’s collection of personnel updates from around Asia Pacific with units of red chip giant China State Construction and Engineering Co announcing leadership changes at the same time that HNA Group sees… Read More>>
China’s Ping An Real Estate Said Marketing Half Stake in Sydney’s Salesforce Tower
Chinese property investment firm Ping An Real Estate has put up for sale its half stake in Sydney’s A$2.4 billion ($1.67 billion) Salesforce Tower, according to reports published this week.
With the tower at 180 George Street in Circular Quay… Read More>>
Singapore Leads APAC Data Centre Rankings with 2% Vacancy
Singapore remains the top hub for data centres in Asia Pacific, with record low vacancies of 2 percent in 2022, while Hong Kong ranks second despite climbing land prices, according to Cushman & Wakefield’s global comparison of homes for server… Read More>>
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