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173 Haig Road

Singapore Project Sells for Over Asking Price as Developer Appetites Recover

2022/04/10 by Christopher Caillavet Leave a Comment

A residential complex up for collective sale in Singapore’s Katong area has sold for above the vendors’ asking price, demonstrating continued developer demand for sites even after a first-quarter slowdown in home price growth.

The local arm of Chinese developer… Read More>>

Penny Goh

Keppel REIT Chair Penny Goh Resigns, Tan Swee Yiow to Take Over

2022/04/10 by Michael Cole Leave a Comment

Disruption continues to be a theme at Keppel REIT as the manager of the Singapore-listed trust announced on Friday that its chairman, Penny Goh, will retire on 31 May.

Now 69, Goh is set to be replaced by Keppel stalwart… Read More>>

Esther Liu S&P

Mainland Residential Sales Set to Shrink Through 2023 After 50% Contraction in Q1

2022/04/10 by Pawara Laothamatas Leave a Comment

Analysts at a top credit rating agency are predicting more tough times for China’s residential property market through mid-year, with little meaningful relief through 2023, after a wave of mainland developers reported dented sales for January through March.

“We expect… Read More>>

Richard van Den Berg

M&G Jumps Into Australia Multifamily Residential Market With $337M Deal

2022/04/07 by Christopher Caillavet Leave a Comment

M&G Real Estate has expanded its Asia Pacific rental residential investments into Australia with a A$450 million ($336.8 million) commitment to a build-to-core partnership with local developer Novus, marking the UK-based fund manager’s first move in the country’s multifamily sector.

… Read More>>

Actis Brian Chinappi

Actis Reaches $700M Final Closing For Second Asia Real Estate Vehicle

2022/04/07 by Beatrice Laforga Leave a Comment

Following up on a string of data centre and logistics deals, fund manager Actis has reached a $700 million final closing for its second Asia real estate fund, which targets new economy assets across emerging markets across the region.

The… Read More>>

Louise Kavanaugh

Nuveen Acquires Hong Kong Data Centre, Osaka Apartments for APAC Core Fund

2022/04/06 by Michael Cole Leave a Comment

Nuveen announced the addition of four assets to its Asia Pacific core investment strategy today with the acquisition of a data centre in Hong Kong’s New Territories and a set of three multi-family properties in Japan’s second largest city.

The… Read More>>

Stuart Gibson of ESR 2020-12

ESR Takes on Second Data Centre in Japan With 20MW Tokyo Project 

2022/04/06 by Beatrice Laforga Leave a Comment

ESR is developing a new 20 megawatt data centre facility in western Tokyo as it expands a digital infrastructure presence first established in the country one year ago.

The Hong Kong-listed logistics specialist said in a statement on Wednesday that… Read More>>

Mr. Kok-Chye Ong – Head of IDC at Gaw

Gaw Capital Partners Adds Tokyo Asset to Asia Data Centre Platform

2022/04/06 by Michael Cole Leave a Comment

Hong Kong’s Gaw Capital Partners has expanded its Asia data centre holdings with the acquisition of a Greater Tokyo property that will form part of a nearly 40MW IT campus, the firm said in an announcement on Wednesday.

The fund… Read More>>

WEAVE LIVING CEO Sachin Doshi tb

Weave Living to Boost Portfolio by 40% with $175M Buy of Kowloon Hotel

2022/04/05 by Pawara Laothamatas, Christopher Caillavet Leave a Comment

Weave Living on Tuesday announced the formation of a $200 million joint venture with a global institutional investor to acquire the 435-room Rosedale Hotel in Kowloon for HK$1.37 billion ($175.4 million), signalling a dramatic leap in scale for the residential… Read More>>

gordon tang singhaiyi

Alibaba-Led Singapore Project Gets New Partner as Gordon Tang Leads Buy of 21% Stake

2022/04/05 by Beatrice Laforga Leave a Comment

Mainland tech giant Alibaba is getting some new partners in a S$1.68 billion ($1.24 billion) office project in Singapore’s Tanjong Pagar area with companies controlled by mysterious Chinese investor Gordon Tang buying a 21 percent stake in the venture from… Read More>>

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