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paul tham Keppel REIT

Keppel REIT Searches for New Leader as CEO Paul Tham Heads for the Exit

2021/08/29 by Christopher Caillavet Leave a Comment

Singapore-listed Keppel REIT said late Friday that Paul Tham will step down as chief executive of the trust’s manager on 20 October to pursue other opportunities.

The board is evaluating potential candidates to succeed Tham, a one-time management consultant who… Read More>>

Rangu Salgame, Chairman & CEO, Princeton Digital Group

Princeton Digital Chairman Leads Off MTD TV Data Centre Forum on Tuesday MTD TV: Asia Data Centre Forum 2021

2021/08/28 by Michael Cole Leave a Comment

Asia’s fast-expanding data centre universe comes into focus this week as Mingtiandi hosts the head of one of the region’s most active tech facility startups for an exclusive discussion of the trajectory of the market and prospects for his company,… Read More>>

Dawn Koo Singapore

Cushman & Wakefield Announces Pair of APAC Promotions

2021/08/28 by Pawara Laothamatas Leave a Comment

Property consultancy Cushman & Wakefield this week announced a pair of senior promotions in its team looking after the company’s largest clients.

Nick Seaton has stepped up as regional head of integrated portfolio management (IPM) for the company and will… Read More>>

hui ka yan4

Evergrande Profit Warning Drives Shares Down Another 7%

2021/08/26 by Christopher Caillavet Leave a Comment

Hong Kong-listed China Evergrande’s share price fell 7.2 percent Thursday after the cash-strapped developer issued a warning Wednesday night that the group’s first-half net profit would plunge somewhere between 29 and 39 percent from a year earlier.

In a filing… Read More>>

Lim-Su-Kiat Firmus

Firmus Capital Buys Central Singapore Mall to Bring Opportunity Fund AUM to $148M

2021/08/26 by Christopher Caillavet Leave a Comment

A western Singapore mall has become Firmus Capital’s second acquisition in the city-state, boosting the local private equity firm’s newly launched Firmus Opportunity Fund VCC to S$200 million ($147.8 million) in assets under management.

The single-storey Le Quest Mall in… Read More>>

Rangu Salgame, Chairman & CEO, Co-Founder, PDG

Princeton Digital Launches $150M Jakarta Data Centre as Sixth Indonesia Project

2021/08/25 by Christopher Caillavet Leave a Comment

Singapore-based Princeton Digital Group continues to draw on Indonesia’s fast-growing internet economy as it launches development of its third data centre project in the Jakarta area and sixth overall in Southeast Asia’s most populous nation.

The new 22-megawatt data centre,… Read More>>

Hannah Jeong HEAD OF VALUATION AND ADVISORY SERVICES APAC

IPO Tycoons Help Drive Near Tripling of Hong Kong Luxury Home Sales

2021/08/25 by Pawara Laothamatas Leave a Comment

Sales in Hong Kong’s luxury residential market nearly tripled in the 12 months that ended 30 June, driven by wealthy locals who resumed home-buying activities and a surge of initial public offerings on the Hong Kong and Shenzhen stock exchanges.

… Read More>>

Henderson Yuen Long project

Evergrande Said Hawking New Territories Project and More Asia Real Estate Headlines

2021/08/25 by Pimfha Chandhapradit Leave a Comment

Struggling mainland developer China Evergrande leads the news again today, with reports of yet another potential asset sale, as sources in Hong Kong indicate that the company is in discussions to sell a New Territories residential project for around $1… Read More>>

Stuart Gibson of ESR 2020-12

M&G Pays $91M for 40% Stake in ESR Warehouse Near Nagoya Port

2021/08/24 by Christopher Caillavet Leave a Comment

The Asian division of UK-based M&G Real Estate has acquired a 40 percent stake in warehouse specialist ESR’s Yatomi Distribution Centre for JPY 10 billion ($91 million), valuing the property in Japan’s Nagoya area at $227.5 million.

M&G bought the… Read More>>

Yaniv Ghitis Digital Edge

Digital Edge Hires Former JP Morgan Exec Yaniv Ghitis as Chief Investment Officer

2021/08/24 by Christopher Caillavet Leave a Comment

Singapore-based Digital Edge has named Yaniv Ghitis chief investment officer, tapping the longtime JP Morgan dealmaker to oversee new market entry, M&A and investor relationships for the Asia-focused data centre platform.

Before joining Digital Edge, Ghitis was a senior member… Read More>>

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