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Yoshiyuki Chosa of GLP

GLP Breaks Ground on Two Cold Storage Warehouses Near Japan’s Kobe Port

2023/04/25 by Christopher Caillavet Leave a Comment

GLP on Tuesday announced the start of construction on two fully refrigerated cold storage warehouses in Japan with a total floor area of 55,000 square metres (592,015 square feet).

GLP Kobe Sumiyoshihama and GLP Rokko V are near the port… Read More>>

Tan Tze Wooi, CEO of CapitaLand China Trust Management

CapitaLand China Trust Highlights Retail Recovery as Revenue, Profit Dip

2023/04/25 by Christopher Caillavet Leave a Comment

Singapore-listed CapitaLand China Trust on Tuesday offered an upbeat appraisal of the REIT’s first-quarter performance, highlighting year-on-year increases in sales and foot traffic and a gradual rise in occupancy across the retail portfolio.

Retail sales at the trust’s properties rose… Read More>>

Christina Gaw of Gaw Capital Partners

Gaw Capital Partners Completes Acquisition of Guangzhou Outlet Mall

2023/04/21 by Michael Cole Leave a Comment

Hong Kong’s Gaw Capital Partners, through a fund under its management and together with additional financial partners, has completed the acquisition of an Italian-themed outlet mall in southern China’s Guangdong province for an undisclosed amount, according to a statement on… Read More>>

TE Capital's Solitaire on Cecil

Cecil Street Project Sets Singapore Price Record as 3 Floors Sell for $122M

2023/04/21 by Michael Cole Leave a Comment

A local company has set a new Singapore price record with the purchase of a trio of office floors in Solitaire on Cecil, an office project being developed by TE Capital and LaSalle Investment Management near the Raffles Place commercial… Read More>>

Stephen Schwarzman

Blackstone Real Estate Earnings Down 58% in Q1

2023/04/21 by Michael Cole Leave a Comment

The world’s biggest commercial landlord said on Thursday that earnings from its real estate business fell 58 percent in the first quarter compared to the same period a year ago as a market slowdown reduced Blackstone Group’s income from asset… Read More>>

Zhang Li R&F

R&F-Linked US Properties Sold Off as Mainland Developer Continues Debt Struggles

2023/04/21 by Michael Cole Leave a Comment

Still under arrest in London while fighting extradition to the US on corruption charges, Guangzhou R&F Properties co-chairman Zhang Li is selling off some of his California properties, including a ranch in Santa Clara and a commercial building in San… Read More>>

42 Nassim Road SIngapore

Indonesian Family Buys Bungalows on Singapore’s Nassim Road for $155M

2023/04/19 by Beatrice Laforga Leave a Comment

Temasek Holdings-backed Cuscaden Peak Investments has sold three mansions on Singapore’s Nassim Road for S$206.7 million ($155 million), according to a company representative, with a market source identifying the buyer to Mingtiandi as a wealthy Indonesian family.

The two-storey good… Read More>>

Alvin Mah Alpha

Keppel’s Alpha Investment Partners Names New CEO as Flagship Fund Goes Quiet

2023/04/19 by Michael Cole Leave a Comment

Singapore’s Alpha Investment Partners saw its first change in top management in half a decade this month as chief executive Alvin Mah left the private fund management unit of Keppel Corporation after holding the senior level position since February 2018.

… Read More>>

Mount Nicholson Hong Kong

House at Hong Kong’s Mount Nicholson Sells for $73M

2023/04/18 by Christopher Caillavet Leave a Comment

A luxury home at the Mount Nicholson project on Hong Kong’s Peak has sold for HK$577.4 million ($73.5 million), showing that prices have barely budged at the exclusive development since the last time units transacted there almost four years ago.

… Read More>>

UOB chief executive Wee Ee Cheong

UOB to Invest $375M in Singapore Tech Centre

2023/04/18 by Beatrice Laforga Leave a Comment

United Overseas Bank Ltd (UOB) expects to invest at least S$500 million ($375.3 million) to build a new global technology and innovation centre in an upcoming smart district in northeastern Singapore’s Punggol area as part of the local banking giant’s… Read More>>

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