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Asok Kumar Hiranandani Royal Group

Singapore’s Hiranandani Buying Orchard Road Commercial Building in Record $127M Deal

2022/12/18 by Beatrice Laforga Leave a Comment

Singapore’s Royal Group has agreed to buy a commercial building near the city’s Orchard Road shopping strip for S$172 million ($126.7 million), setting a city-wide record high price per square foot of buildable area as it plans to redevelop the… Read More>>

Former Goldin chairman Pan Sutong

Goldin Financial Global Centre Sells Again, PAG-Mapletree JV Reported as Buyer

2022/12/18 by Pawara Laothamatas Leave a Comment

Following a series of failed tenders and cancelled sales of Hong Kong’s Goldin Financial Global Centre (GFGC) over the past two years, liquidators of the former headquarters of Goldin Financial Holdings are said to have reached a deal to sell… Read More>>

Tim Blackburn Swire

Swire Buying Out Sino-Ocean’s Half-Stake in Chengdu Mall for $800M

2022/12/17 by Christopher Caillavet Leave a Comment

Swire Properties is taking full ownership of a Chengdu mall through a deal to buy out Sino-Ocean Group’s interest in the 50:50 joint venture for RMB 5.55 billion ($800 million), as the mainland partner in the development grapples with a… Read More>>

CK Asset's Li Ka-Shing

CK Asset Refills Hong Kong Pipeline with $150M Win of Sai Ying Pun Site

2022/12/17 by Christopher Caillavet Leave a Comment

CK Asset Holdings has won a tender for a residential development site in the Sai Ying Pun area of western Hong Kong Island with a bid of HK$1.16 billion ($150 million).

The developer controlled by billionaire Li Ka-shing secured the… Read More>>

sherman kwek CDL

CDL Buys 5 UK Student Housing Assets for $266M

2022/12/15 by Christopher Caillavet Leave a Comment

City Developments Ltd has beefed up its student housing portfolio in the UK with the acquisition of five properties for £215 million ($266.5 million), as the asset class continues to attract Singaporean investors to Britain and continental Europe amid a… Read More>>

Singapore Home Sales Hit Eight-Year Low as Stocks Dry Up

2022/12/15 by Beatrice Laforga Leave a Comment

Singapore’s new private home sales dropped to an eight-year low in November as developers depleted their inventories and home prices continued to rise across the city-state.

Developers’ sales, excluding executive condominiums, fell for a second month, dropping by 17.3 percent… Read More>>

christine li knight frank

APAC Office Rent Growth Set to Moderate in 2023 Says Knight Frank

2022/12/15 by Christopher Caillavet Leave a Comment

Economies driven by domestic consumption, such as emerging Southeast Asia and India are forecast to remain supportive of regional growth as the rest of Asia Pacific normalises next year, according to Knight Frank.

APAC is set to keep its crown… Read More>>

Robert Wong Hongkong Land

Hongkong Land Leases Two Central Retail Floors to Sotheby’s

2022/12/15 by Pawara Laothamatas Leave a Comment

Hongkong Land on Thursday announced that international auction house Sotheby’s has agreed to lease 24,000 square feet (2,229.6 square metres) of space at Landmark Chater, the three-storey retail podium of Central’s Chater House, with analyst sources who spoke with Mingtiandi… Read More>>

ESR Jeffrey Shen

ESR Proposes China REIT Seeded With 3 Greater Shanghai Logistics Projects

2022/12/14 by Christopher Caillavet Leave a Comment

ESR on Tuesday announced plans for a China REIT seeded with three of the group’s logistics projects west of Shanghai, as the industrial specialist looks to securitise mainland assets after authorities cleared the way for onshore listed trusts last year.

… Read More>>

Uday Kotak

Kotak Closes on $645M From CPPIB, AIIB for India Infrastructure Fund

2022/12/14 by Christopher Caillavet Leave a Comment

India’s Kotak Investment Advisors on Tuesday announced the first closing of its Kotak Infrastructure Investment Fund with INR 5,328 crore ($645.4 million) in combined commitments from the Canada Pension Plan Investment Board and the Asian Infrastructure Investment Bank.

KIIF targets… Read More>>

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