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Sanjeev Dasgupta, chief executive of CapitaLand India Trust Management

CapitaLand India Trust Posts 8% DPU Rise on Surging Property Income

2024/07/30 by Christopher Caillavet Leave a Comment

CapitaLand India Trust reported a first-half distribution per unit of 3.64 Singapore cents, up 8 percent from a year earlier and 18 percent compared with the preceding six-month period, as net property income jumped.

SGX-listed CLINT’s NPI shot up 21… Read More>>

Peter Woo Wheelock

Wharf Holdings Set to Swing to Six-Month Loss of Up to $360M on Revaluations

2024/07/30 by Christopher Caillavet Leave a Comment

Asset markdowns plagued Wharf Holdings during the first six months of the year, with the Hong Kong developer warning of an attributable loss for the period in the range of HK$2.5 billion to HK$2.8 billion ($320 million to $360 million).

… Read More>>

CK Asset's Cheung Kong Center II was reported to be only 10 percent leased in May

New Building Debuts Boost Office Vacancy in Hong Kong’s Central to 12.1%

2024/07/29 by Michael Cole Leave a Comment

The debut of new office buildings in Hong Kong’s Central district has boosted vacancy in what was once among Asia’s most sought after business locations by 29 percent from a year earlier, according to new figures from JLL.

Some 12.1… Read More>>

Andrew Burych, Brookfield Asset Management

Brookfield, Bain Capital Take the Spotlight for Mingtiandi Singapore Forum in September

2024/07/29 by Michael Cole Leave a Comment

Mingtiandi’s Singapore forum continues to build its roster of speakers from the world’s largest real estate investment organisations, with senior representatives of Brookfield Asset Management and Bain Capital set to appear in spotlight interviews in the 10 September event.

The… Read More>>

Trent-Iliffe2

Trent Iliffe to Launch New Asia Industrial Venture as ESR Buys Out Logos Founders

2024/07/29 by Christopher Caillavet Leave a Comment

Warehouse giant ESR has acquired the remaining interest in Logos Property held by the Australian developer’s founders, having completed the buyout six months ahead of a scheduled target date.

ESR has concluded deals to acquire the 13.6 percent equity stake… Read More>>

URA chief executive officer Lim Eng Hwee

Singapore New Home Price Growth Slows as Half-Year Sales Hit All-Time Low

2024/07/27 by Christopher Caillavet Leave a Comment

Average prices for new private homes in Singapore rose 0.9 percent during the second quarter of 2024, slowing from the 1.4 percent growth of the previous quarter, according to data released by the Urban Redevelopment Authority on Friday.

Developers sold… Read More>>

Lui Chong Chee

CapitaLand Ascott Trust 1H Gross Profit Up 12% as RevPAU Exceeds Pre-Pandemic Levels

2024/07/27 by Kevin He Leave a Comment

CapitaLand Ascott Trust (CLAS) achieved a 12 percent year-on-year increase in gross profit during the first six months of the year, with the hospitality trust’s managers attributing the Singapore-listed REIT’s improved performance to sustained demand for accommodation and rising room… Read More>>

Francis Choi Chee-ming

Hong Kong’s ‘King of Toys’ Francis Choi Marketing ASX Building in Sydney

2024/07/26 by Kevin He Leave a Comment

Hong Kong toy tycoon Francis Choi Chee-ming has put up for sale the central Sydney home of the Australian Securities Exchange (ASX), as the bourse operator prepares to relocate to a newer building ahead of its lease expiry.

Choi, who… Read More>>

Clement Lau Knight Frank

Hongkong Land’s Clement Lau to Lead Professional Services at Knight Frank

2024/07/26 by Christopher Caillavet Leave a Comment

Knight Frank has appointed Clement Lau as managing director of professional services for Greater China to succeed 27-year company veteran Alnwick Chan, who is retiring from the role.

Lau has spent close to 24 years in a second spell at… Read More>>

Equinix Asia Pacific president Jeremy Deutsch

Equinix Buying Three Philippine Data Centres to Enter Fourth SE Asia Market

2024/07/26 by Christopher Caillavet Leave a Comment

Equinix has agreed to acquire three data centres in the Philippines, marking the digital infrastructure giant’s entry into a fourth Southeast Asian country.

The US-based operator is buying the trio of carrier-neutral assets from Manila-based tech firm Total Information Management… Read More>>

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