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sph-keppel-Loh-Chin-Hua

Singapore’s Keppel Land Builds Up India Pipeline With $29M Pune Office Buy

2023/01/15 by Beatrice Laforga Leave a Comment

The property arm of Singaporean conglomerate Keppel Corp is adding 1.1 million square feet (92,900 square metres) to its India office portfolio with the INR 2.37 billion ($29 million) purchase of a project in the western city of Pune, according… Read More>>

Shan Weijian PAG

PAG Raises Additional $270M for Third Pan-Asian Real Estate Fund

2023/01/12 by Christopher Caillavet Leave a Comment

PAG has raised a further $270 million for its third pan-Asian core-plus/value-add real estate fund, according to a filing with the US Securities and Exchange Commission.

The Hong Kong-based private equity firm received its latest commitment to PAG Real Estate… Read More>>

Arch Capital Launches Digital Halo Data Centre Venture, Plans 70MW Manila Facility 

2023/01/12 by Beatrice Laforga Leave a Comment

Arch Capital Management has joined the data centre rush with its announcement on Wednesday of Digital Halo, a venture aimed at building a regional digital infrastructure portfolio starting with a $500 million investment in the Philippines.

The Manulife-backed fund manager… Read More>>

Stuart Gibson of ESR

ESR Invests $208M in Vietnam’s BW Industrial as SE Asia Expansion Continues

2023/01/12 by Michael Cole Leave a Comment

Fund manager ESR is buying into the Vietnam growth story by taking an equity stake in its local partner BW Industrial as part of a funding round which could raise up to $450 million for the Ho Chi Minh City-based… Read More>>

Goldin Financial Global Centre 2

PAG, Mapletree Confirm $713M Buy of Hong Kong’s Goldin Financial Global Centre

2023/01/12 by Christopher Caillavet Leave a Comment

PAG and Mapletree Investments said Thursday that they have agreed to form a joint venture to acquire Hong Kong’s Goldin Financial Global Centre from the property’s receivers for HK$5.6 billion ($713 million), confirming a Mingtiandi report from last month.

The… Read More>>

Martin Lee Ka-shing Henderson Land Development

Henderson-Managed Sunlight REIT Picks Up Kowloon Mall for $96M

2023/01/12 by Greg Isaacson Leave a Comment

Henderson Land Development’s Sunlight REIT is boosting its retail portfolio by picking up a three-storey shopping podium in Hong Kong’s West Kowloon area for HK$748 million ($95.8 million), with the listed trust picking up the asset at a nearly 12… Read More>>

Mark Shi, NTUC Income

Singapore’s Income Insurance Hires CBRE IM to Manage $3B Real Estate Portfolio

2023/01/11 by Beatrice Laforga Leave a Comment

Singapore’s Income Insurance has tapped CBRE Investment Management to manage its $3 billion real estate portfolio, according to a statement on Wednesday, with the news coming just two weeks after its sister company, Mercatus Co-operative, sold a pair of malls… Read More>>

Tan Hong Boon JLL

Singapore Condo Complex Sells for $86M in First Collective Sale of the Year

2023/01/11 by Christopher Caillavet Leave a Comment

A condo complex on Singapore’s Upper East Coast Road has sold for S$115.3 million ($86.6 million) in the city-state’s first collective sale of 2023, with a consortium of unidentified buyers braving a slowing housing market to pick up the 43-unit… Read More>>

Eileen Yong_PGIM Real Estate

PGIM Real Estate Hires LaSalle’s Eileen Yong to Guide Asia Core Strategy

2023/01/11 by Christopher Caillavet Leave a Comment

PGIM Real Estate on Wednesday announced the hiring of Eileen Yong as deputy portfolio manager for the firm’s Asia core strategy.

Carrying the title of executive director, Yong most recently was a senior fund manager at LaSalle Investment Management and… Read More>>

Lujiazui Shanghai

Shanghai Saw 74% Plunge in Net Office Take-Up in Q4 as Tenants Pulled Back

2023/01/11 by Greg Isaacson Leave a Comment

Shanghai’s office market continued to struggle in the last quarter of 2022, as the mainland financial hub was battered by COVID-19 chaos and sluggish leasing activity, but the market is poised to bounce back this year amid a broader economic… Read More>>

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MTD TV

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