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Ng Beng Tiong ARA

Singapore’s RealVantage Wins Fintech Award, ARA Vet BT Ng Joins as Chairman

2022/09/27 by Beatrice Laforga Leave a Comment

Singapore-based RealVantage was named the “Investment Tech of the Year” at the Asia Fintech Awards last week, as the real estate investment startup eyes further expansion under the new leadership of former ARA Asset Management executive Beng Tiong Ng.

Four… Read More>>

Mr Kelvin Lim, Executive Chairman and Group Managing Director of LHN Limited

Singapore’s LHN Buys Two Hotels in One Week to Expand Co-Living Portfolio 

2022/09/26 by Beatrice Laforga Leave a Comment

LHN Group has made back-to-back acquisitions worth a total of S$36.4 million ($25.4 million) in Singapore within a week as the real estate firm takes on more hotel conversion projects to grow its co-living portfolio.

The SGX-listed asset manager entered… Read More>>

raymond Lee Savills

Receivers Kick Off Fresh Tender for $1.15B Evergrande Centre in Hong Kong

2022/09/25 by Michael Cole Leave a Comment

Savills has launched a fresh tender for the sale of the China Evergrande Centre in Hong Kong, just two weeks after receivers appointed by the defaulting developer’s creditors seized the Wan Chai office tower valued at around HK$9 billion ($1.15… Read More>>

Ruban Kaneshamoorthy of Brookfield

Brookfield Buys More Space to Expand RedBox Self-Storage Portfolio in Hong Kong

2022/09/23 by Beatrice Laforga Leave a Comment

Brookfield is beefing up its self-storage portfolio with an acquisition in eastern Hong Kong Island from local builder Hanison Construction which marks its third reported investment in the sector so far this year.

The Canadian investment giant this week took… Read More>>

Russ Allegrette

Korean-Backed Investor Group Sells 7-Asset US Industrial Portfolio for $900M

2022/09/23 by Christopher Caillavet Leave a Comment

An investment group led by California-based Ocean West Capital Partners and its long-term Korean ally Tiger Alternative Investors has sold a seven-property portfolio of US industrial assets for more than $900 million.

The portfolio totalled over 7 million square feet… Read More>>

Nelson Wong JLL

Hong Kong Office Market Shrank Again in August as Leasing Stays Weak

2022/09/23 by Christopher Caillavet Leave a Comment

Occupiers in Hong Kong’s Grade A office market gave up 29,200 square feet (2,713 square metres) more than they leased in August as the city’s overall vacancy rate remained flat at 9.6 percent, according to JLL.

The vacancy rate in… Read More>>

First REIT Victor Tan

Singapore REITs Buy 7 Japanese Senior Living Assets for $56M

2022/09/22 by Beatrice Laforga Leave a Comment

Asia’s elderly are getting more of the respect and attention they deserve this month, particularly from the managers of a pair of Singapore real estate investment trusts.

The manager of Parkway Life Real Estate Investment Trust said on Tuesday that… Read More>>

data centres

Achieving Carbon Neutrality Critical to Data Centre Investments: MTD TV

2022/09/22 by Beatrice Laforga Leave a Comment

https://player.vimeo.com/video/752423040?h=16d2e76a55Video can’t be loaded because JavaScript is disabled: Mingtiandi APAC Data Centre Forum 2022: Sustainable Data Center Innovation (https://player.vimeo.com/video/752423040?h=16d2e76a55)

  The need for more efficient data centres was brought home on Thursday when a representative of  Ivanhoé… Read More>>

GIC Buying Top Stake in $2.3B Mediterranean Resort Operator Sani/Ikos

2022/09/22 by Christopher Caillavet Leave a Comment

GIC has entered a strategic partnership under which the Singapore sovereign wealth fund will become the leading shareholder in Sani/Ikos Group, a Mediterranean luxury resort owner-operator, alongside the Greek-based firm’s management team.

The transaction values Sani/Ikos at €2.3 billion ($2.3… Read More>>

Shimao Group Chairman Xu Rongmao

UOB Aims to Buy Out HK$10B Loan for Shimao Kowloon Project 

2022/09/22 by Iris Hong Leave a Comment

After suing troubled mainland builder Shimao Group Holdings in July over an overdue debt linked to a Hong Kong residential project, Singapore’s United Overseas Bank Ltd (UOB) has settled its dispute with the defaulting developer at the same time it… Read More>>

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