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Stephen Schwarzman Blackstone

Blackstone Buying Out India Shed Portfolio to Expand South Asia Logistics Holdings

2023/06/07 by Christopher Caillavet Leave a Comment

Blackstone has agreed to buy out the remaining warehouse business of Mumbai-based Allcargo Logistics by taking full ownership of a set of companies said to hold 5.5 million square feet (511,000 square metres) of properties.

The US fund management giant… Read More>>

Terence Lo Arch

Hong Kong’s Arch Capital Enters Japan With 25-Asset Tokyo Multi-Family Buy

2023/06/06 by Christopher Caillavet Leave a Comment

Arch Capital Management on Tuesday announced the acquisition of 25 multi-family assets in Tokyo for an undisclosed amount, marking the Hong Kong-based company’s first investments in Japan.

The properties, located within the capital’s special wards, are running at near full… Read More>>

singapore turf club

Housing Comes First as Singapore Plans to Redevelop Sole Horse-Racing Track

2023/06/06 by Christopher Caillavet Leave a Comment

The thunder of hooves will go silent at Singapore’s only horse-racing club next year, as the government plans to transform the facility in the northern Kranji area into a master-planned residential community.

The Singapore Turf Club, which manages and operates… Read More>>

David Loh Kim Kang Centurion

Singapore’s Centurion Proposes Delisting From Hong Kong Bourse

2023/06/06 by Beatrice Laforga Leave a Comment

Singapore-based rental accommodation specialist Centurion Corp says it plans to delist its shares from the Hong Kong Exchange to cut costs and reporting obligations, while maintaining its presence on the SGX.

The company led by co-chairmen Han Seng Juan and… Read More>>

Graeme Torre APG

Hear From Blackstone, Swire and APG at Mingtiandi’s Hong Kong Forum on 27 June

2023/06/05 by Michael Cole Leave a Comment

More than 250 senior real estate executives from around Asia Pacific are expected to attend the Mingtiandi Hong Kong Focus Forum on 27 August, as more speakers join the roster of industry stars appearing at the on-location event.

Just this… Read More>>

Li Congrui (Getty Images)

China Jinmao Chairman Resigns After One Month on the Job

2023/06/04 by Christopher Caillavet Leave a Comment

The recently appointed chairman of China Jinmao Holdings has walked out the door after just 33 days in the role, to be succeeded by another longtime hand from the developer’s parent group, state-owned Sinochem Corporation.

Li Congrui resigned as chairman… Read More>>

David Faulkner ULI

Singapore Has APAC’s Highest Home Prices, Hong Kong Still Costs Double by Area

2023/06/04 by Christopher Caillavet Leave a Comment

Singapore’s private homes have surpassed Hong Kong’s as the most expensive in Asia Pacific with a median price of $1.20 million per unit, according to research by the Urban Land Institute.

Homes in Hong Kong cost an average of $1.16… Read More>>

Raymond Lawler_Hines Asia-Pacific CEO

Waseda University Students Win ULI-Hines Urban Planning Competition

2023/06/04 by Beatrice Laforga Leave a Comment

A group of university students from Japan won the first-ever Urban Land Institute (ULI) Hines Student Competition in Asia Pacific this past week with their proposal to implement an urban healthy living concept to transform Singapore’s Jurong Lake District (JLD).

… Read More>>

B&M Claye-Souilly

Singapore’s IREIT Buying 17 French Retail Properties for $82M

2023/06/01 by Christopher Caillavet Leave a Comment

Singapore-listed IREIT Global has agreed to acquire a portfolio of 17 retail properties across France for €76.8 million ($82 million), as the Europe-focused trust continues to diversify its holdings beyond the office sector.

Classified as out-of-town retail parks, the freehold… Read More>>

Chen Hongtian of Cheung Kei

China’s Cheung Kei Talks Up Investment Plan for Seized London Office Building

2023/06/01 by Beatrice Laforga Leave a Comment

Cheung Kei Group said this week that it is negotiating with investors for the sale of a partial stake in 5 Churchill Place in London, in a statement released just days after it was revealed that the Canary Wharf office… Read More>>

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MTD TV

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