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Martin Seol M&G

M&G Real Estate Buys Tokyo Apartment Tower From LaSalle for $204M

2024/01/25 by Michael Cole Leave a Comment

Japanese rental apartments maintain their most-favoured-sector status with global investors this week, with M&G Real Estate announcing on Wednesday that it has acquired a multi-family residential tower in Tokyo’s Shinjuku area for JPY 30 billion ($204 million).

The property division… Read More>>

Matthew Ong, CEO of SLB Development

Singapore’s SLB Lodges Plans for 420-Unit Melbourne Student Housing Project

2024/01/24 by Beatrice Laforga Leave a Comment

Singapore builder SLB Development is making its first foray into Australian student accommodation as it takes on a more than 400-unit development project in central Melbourne.

SLB lodged a planning application with the City of Melbourne last month to demolish… Read More>>

Selena Shi, LaSalle

LaSalle IM Adds to Shanghai Multi-Family Portfolio with Pair of Yangpu Projects

2024/01/24 by Kevin He Leave a Comment

LaSalle Investment Management is set to launch a pair of long-term rental apartment projects in Shanghai under its newly established COZI brand, as the fund manager ramps up its rental housing portfolio in mainland China.

The property investment subsidiary of… Read More>>

Paul McGarry, head of Asia at Goodman

Australia’s Goodman Developing 50MW Hong Kong Data Centre, 1,000MW Japan Campus

2024/01/24 by Christopher Caillavet Leave a Comment

Goodman Group is expanding its presence in Asia’s data centre scene with a 50-megawatt conversion project in Hong Kong and a 1,000MW campus development in Greater Tokyo.

The Australian industrial specialist has begun to redevelop a building it owns in… Read More>>

Paul Lee Equalbase

Equalbase Building $63M Shed in Malaysia’s Penang

2024/01/24 by Christopher Caillavet Leave a Comment

Equalbase has begun construction of a MYR 300 million ($63.6 million) warehouse as the Singapore-based developer’s first carbon-neutral logistics facility in Malaysia’s Penang.

Located in Val d’Or in the mainland section of the state, the new shed will span more… Read More>>

Goodwin Gaw of Gaw Capital Partners

Korea’s MDM Backs Gaw San Francisco, Tokyo Buys in Outbound Drive

2024/01/24 by Mingtiandi Team Leave a Comment

In recent months Korean investors have been reported to have lost as much as 70 percent on US office investments made before the pandemic, but institutions from the home of BTS and Blackpink may still be open to new opportunities… Read More>>

Waterfront Place Block G

BlackRock Marketing Shanghai Office Complex at 30% Off as Vacancy Hits 20-Year High

2024/01/23 by Kevin He Leave a Comment

BlackRock is shopping a pair of Shanghai office buildings at a 30 percent discount to what they paid to acquire the properties in the city’s Putuo district six years ago, according to market sources who spoke with Mingtiandi, as record-high… Read More>>

FCT CEO Richard Ng

Frasers Centrepoint Trust Reports 99.9% Retail Occupancy as Foot Traffic, Sales Rise

2024/01/23 by Christopher Caillavet Leave a Comment

Frasers Centrepoint Trust’s latest update paints a picture of robust health in Singapore’s retail sector, with the REIT reporting committed occupancy of 99.9 percent across its nine-asset mall portfolio amid rising foot traffic and store sales.

Committed occupancy during the… Read More>>

Knight Frank Expands Capital Advisory Team in Singapore

2024/01/23 by Beatrice Laforga Leave a Comment

Knight Frank’s Singapore office has brought on board a former Lendlease executive and imported a director from its London operation, as the UK-based property consultancy expands its capital markets team in the region.

The London-based property consultancy announced this week… Read More>>

David Fassbender PGIM

PGIM Buying Ovolo Sheung Wan Hotel as Hong Kong Rental Residential Portfolio Grows

2024/01/21 by Kevin He Leave a Comment

PGIM Real Estate has agreed to acquire a boutique hotel in Hong Kong’s Sheung Wan district as the fund manager continues to snap up hospitality assets in the Asian financial centre for conversion into rental housing.

The property investment arm… Read More>>

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