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Karan-Virwani WeWork India

WeWork India Raises $67M from BPEA Credit for Co-Working Growth

2022/12/27 by Greg Isaacson Leave a Comment

WeWork India has raised INR 5.5 billion (about $66.5 million) from funds managed by private credit platform BPEA Credit as the flexible office brand seeks to expand in Asia’s third-largest economy.

The funds will be used for future growth and… Read More>>

Delin Apartments Shanghai

Shanghai Heritage Apartments Go for $72M in Distressed Sale

2022/12/27 by Mingtiandi Team Leave a Comment

A building in downtown Shanghai was sold via an online auction of distressed properties for RMB 504 million ($72.3 million) on Thursday, giving its new owner a 27 percent discount on the original valuation of RMB 701 million, as China’s… Read More>>

Jesse Lu SEA Holdings

SEA Holdings to Sell Half-Stake in Repulse Bay Luxury Project to Hon Kwok Land

2022/12/27 by Christopher Caillavet Leave a Comment

SEA Holdings is selling a half-stake in its luxury residential project in Hong Kong’s Repulse Bay area just 10 months after the local developer picked up the site for HK$1.19 billion ($152.3 million) at a government auction.

The HKEX-listed builder… Read More>>

EC World REIT CEO Goh Toh Sim

Singapore-listed EC World REIT Seeks Further Extension on $114M in Debt

2022/12/27 by Beatrice Laforga Leave a Comment

After failing to consummate planned divestments of a pair of Hangzhou properties, SGX-listed EC World REIT says it is now in talks with both local and foreign lenders for a further repayment extension on $114 million in debt due on… Read More>>

Yuen Kuan Moon singtel

Singtel Teams With Telkom, Medco to Build 51MW Data Centre in Indonesia’s Batam

2022/12/27 by Christopher Caillavet Leave a Comment

Singaporean telecom major Singtel has entered Indonesia’s data centre market, joining forces with longtime partner Telkom and energy firm Medco Power to develop a 51-megawatt hyperscale campus in Batam, across the Singapore Strait from the island city-state.

The three companies… Read More>>

Copen Grand EC Singapore

Singapore Launches Tenders for Residential Projects Yielding Up to 1,685 New Homes

2022/12/23 by Christopher Caillavet Leave a Comment

Singapore’s Housing and Development Board on Friday launched a public tender for two residential sites in Tampines and Tengah, as the government seeks to correct an undersupply that has contributed to soaring home prices in Asia’s richest country.

The sites… Read More>>

Jason Kuester Gemini Rosemont

Hong Kong’s Gemini Investments Chalks Up $101M in US Deals

2022/12/23 by Greg Isaacson Leave a Comment

The US real estate platform of Gemini Investments has made its first foray into the life sciences market by picking up a biotech-oriented office building in the San Francisco Bay area for about $59.4 million, at the same time that… Read More>>

ESR Jeffrey Shen

ESR Completes Wenzhou Ruian Logistics Park in Eastern China’s Zhejiang Province

2022/12/23 by Christopher Caillavet Leave a Comment

ESR on Friday announced the completion of a warehouse complex in the eastern Chinese city of Wenzhou to serve industrial manufacturing and logistics storage clients.

Located in the Wenzhou Ruian Economic Development Zone in Zhejiang province, ESR Wenzhou Ruian Logistics… Read More>>

Don Taylor of Swire Properties

Swire Properties Adds New Tower to Pacific Place Portfolio in Hong Kong

2022/12/22 by Pawara Laothamatas Leave a Comment

Swire Properties is expanding its Pacific Place portfolio eastward from Hong Kong’s Admiralty into Wan Chai district, having dubbed a 24-storey office tower on Queen’s Road East as Six Pacific Place earlier this month.

Set to be completed in the… Read More>>

Keppel Land CEO Louis Lim

Keppel Enters China’s Senior Living Market With Nanjing Project

2022/12/22 by Greg Isaacson Leave a Comment

Singaporean conglomerate Keppel Corp has ventured into China’s growing senior living market by acquiring a future 400-bed assisted living facility in the eastern city of Nanjing from China Overseas Land & Investment.

Slated for completion in the second half of… Read More>>

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MTD TV

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