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Jenny Lim Yin Nee

Fourth CDL Director Quits After Singapore Developer Declares $1.4B Loss

2021/05/04 by Michael Cole Leave a Comment

A fourth director has resigned from the board of City Developments Ltd (CDL) after the troubled Singapore development titan reported a loss attributable to shareholders of S$1.9 billion ($1.4 billion) in 2020.

Jenny Lim Yin Nee ended her role as… Read More>>

lucas loh tb

CapitaLand Transformation Continues With Departure of China Boss Lucas Loh

2021/05/04 by Michael Cole Leave a Comment

CapitaLand announced a privatisation plan this March that promises to remake Southeast Asia’s largest developer, but one of the company’s top executives will not be helping to lead that transition, according to an announcement coinciding with the firm’s annual general… Read More>>

Colliers Adds Research Veteran Nicholas Wilson to Asia Team

2021/05/03 by Christopher Caillavet Leave a Comment

Property services firm Colliers International reinforced the leadership of its regional analyst team this past week, hiring Nicholas Wilson as director and head of investor and developer research for Asia.

Based in Singapore, Wilson will oversee research for Colliers’ property… Read More>>

qiqi zhang warburg pincus

Warburg Pincus to Reveal What’s Next for China Multi-Family in MTD TV Interview

2021/05/03 by Michael Cole Leave a Comment

MTD TV’s Asia Multi-Family Investment Forum will feature one of the most experienced executives in China’s rental residential sector on Thursday 6 May for a spotlight interview session with Mingtiandi founder Michael Cole.

Qiqi Zhang, a managing director with US… Read More>>

steve bulloch pgim

PGIM, Manulife Pay $663M for Blackstone’s 90% Stake in Aussie Logistics Portfolio

2021/05/02 by Christopher Caillavet Leave a Comment

Riding high on a wave of Asia Pacific acquisitions, PGIM Real Estate splashed out again this week to take a large chunk of an Australian logistics portfolio from fellow US-based fund manager Blackstone.

Market sources confirmed to Mingtiandi on Thursday… Read More>>

Ocean Metro Mall Guangdong China

ARA Buys Out Manager of China’s Dasin Retail Trust and More Asia Real Estate Headlines

2021/04/30 by Pimfha Chandhapradit Leave a Comment

In our latest roundup of regional news headlines, Singapore’s ARA Asset Management buys out the manager of China’s Dasin Retail Trust, JD.com reportedly gets the go-ahead for its logistics unit’s IPO, and private equity titan Blackstone looks to offload some… Read More>>

xu jiayin evergrande

Evergrande Held Spot as China’s Biggest Developer in 2020 as Profit Fell 26%

2021/04/30 by Michael Cole Leave a Comment

China Evergrande maintained its position as China’s top developer in 2020 with the real estate giant growing its sales even more quickly during the pandemic, but seeing its profits slide by more than a quarter, according to a review of… Read More>>

morgan laughlin PGIM

PGIM Buys Central Tokyo Office Block From PAG for Circa $120M

2021/04/29 by Christopher Caillavet Leave a Comment

PGIM Real Estate remains on a tear in Asia Pacific, announcing on Wednesday that it had added an office building in Tokyo’s Toyocho area to its list of big-ticket acquisitions in 2021.

The real estate fund manager, which closed on… Read More>>

Greystar, APG See Urbanisation, Policy Driving APAC Multi-Family Growth Multi-Family Investment Forum 2021

2021/04/29 by Christopher Caillavet Leave a Comment

https://player.vimeo.com/video/543016957?h=9a93a06bffVideo can’t be loaded because JavaScript is disabled: Mingtiandi Multi-Family Investment Forum 2021: Spotlight Interview with Greystar and APG (https://player.vimeo.com/video/543016957?h=9a93a06bff)

Urbanisation, rising home prices and government policies responding to these trends are driving rapid growth in multi-family… Read More>>

CapitaLand Enters China Data Centre Market with $560M SH Hyperscale Buy

2021/04/28 by Christopher Caillavet 1 Comment

Singaporean developer CapitaLand will acquire its first hyperscale server facility in China, spending RMB 3.66 billion ($560 million) to pick up a four-building campus in Shanghai’s Minhang district.

The 55-megawatt facility is managed by mainland data centre operator Daily Tech… Read More>>

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