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sherman kwek CDL

CDL JV with Hongkong Land Unit Enters $336M Top Bid for Singapore Residential Plot

2021/04/28 by Christopher Caillavet Leave a Comment

A joint venture of City Developments Ltd and Hongkong Land affiliate MCL Land has made the top bid for a residential plot near Singapore’s Little India neighbourhood.

The partnership’s bid of S$445.9 million ($336.2 million) for the 99-year leasehold site… Read More>>

GZ high speed rail terminus

Sun Hung Kai Buys Sites in GZ, New Territories for $2.2B and More Asia Real Estate Headlines

2021/04/28 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, one of Hong Kong’s biggest developers splashes out for land in the New Territories and Guangzhou, a CDL-backed REIT agrees to acquire a large retail portfolio in France, and PGIM completes its purchase… Read More>>

Paul Gately Baring

Baring, Singapore’s SLB Stitch Up Melbourne Commercial Tower for $159M

2021/04/27 by Christopher Caillavet Leave a Comment

Hong Kong’s Baring Private Equity Asia (BPEA) has teamed up with a Singapore-listed developer to back an A$206 million ($159.5 million) consolidation of a commercial building in central Melbourne.

BPEA, together with Matthew Ong’s SLB Development and local partner Futuro… Read More>>

AMP Tower in Perth (for thumbnail)

Blackrock Leads $202M Buy of Perth Office Tower and More Asia Real Estate Headlines

2021/04/27 by Pimfha Chandhapradit Leave a Comment

In Mingtiandi’s latest roundup of regional news headlines, BlackRock and Australian partner Primewest complete the purchase of a storied office building in Perth, competition heats up among marketing agencies handling en bloc sales in Singapore, and Hong Kong’s housing market… Read More>>

Teresa Zhuge GLP

GLP Closes on $900M for China Core Logistics Fund

2021/04/27 by Christopher Caillavet Leave a Comment

GLP, Asia’s biggest warehouse developer and fund manager, on Tuesday announced the closing of its newly established GLP China Income Fund II with capital commitments totalling RMB 5.8 billion ($900 million).

The core-plus logistics vehicle seeks to generate long-term, stable… Read More>>

ALOG CEO Karen Lee

ARA Logos Logistics Trust to Sell South Australia Warehouse for $32M

2021/04/26 by Christopher Caillavet Leave a Comment

Singapore-listed ARA Logos Logistics Trust is slimming its Australian portfolio with the divestment of an ageing warehouse property in a suburb west of Adelaide.

ALOG’s manager announced on Monday that the REIT had entered an agreement for the sale of… Read More>>

Nick-Evans Nuveen

Nuveen Real Estate APAC Head Nick Evans Leaves Firm After 15 Years

2021/04/26 by Christopher Caillavet Leave a Comment

Nuveen Real Estate’s executive roster in Asia Pacific continues to evolve, this time with the departure of Nick Evans from his post as managing director and head of Australia and APAC real estate.

The fund manager confirmed to Australian media… Read More>>

Thomas NAM (1)

ESR, CPPIB Add $500M to Korean Logistics JV After REIT Success

2021/04/23 by Christopher Caillavet Leave a Comment

Hong Kong-listed logistics giant ESR and Canadian pension fund manager CPPIB will expand their Korea Income Joint Venture, effectively doubling the size of the vehicle to $1 billion in total equity allocation.

The two partners on Thursday announced plans to… Read More>>

Amelie-Delaunay

Capital Raising for APAC Private Real Estate Funds Fell Nearly 20% in 2020

2021/04/23 by Christopher Caillavet Leave a Comment

The COVID-19 pandemic has made life more difficult for everyone — even real estate fund managers — according to a survey released late last week by a group of non-profit organisations serving the property investor community.

Capital raising for investment… Read More>>

the interlace singapore

Singapore Private Home Prices Rise Most Since 2018 and More Asia Real Estate Headlines

2021/04/23 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, Singapore’s surging home prices stoke fears of government intervention, Causeway Bay cedes its title of APAC’s most expensive shop location to another Hong Kong district, and private equity major Blackstone’s market value tops… Read More>>

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