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Sanghwoi Bae of ESR Kendall Square REIT

ESR Korean REIT Buys Greater Seoul Logistics Hub for $94M

2021/06/12 by Christopher Caillavet Leave a Comment

Not yet six months old, ESR Kendall Square REIT has added its second warehouse in the past week, as Korea’s first publicly listed logistics trust continues to build its portfolio.

The KRX-listed trust announced late Thursday that it had completed… Read More>>

KITEC THUMBNAIL

Gordon Wu’s Hopewell Reportedly Selling Kowloon East Complex for $1.3B

2021/06/10 by Christopher Caillavet Leave a Comment

Hong Kong’s commercial property market got a jolt Thursday after a report broke that Hopewell Holdings, controlled by billionaire Gordon Wu, had agreed to sell the Kowloonbay International Trade and Exhibition Centre for HK$10 billion ($1.3 billion).

No official announcement… Read More>>

Benett Theseira PGIM

Logistics, Multi-Family Still Sectors to Watch as China Leads APAC Rebound: PGIM

2021/06/10 by Christopher Caillavet Leave a Comment

A swift rebound in China is breathing life back into Asia Pacific’s economy this year, with logistics and residential among the property sectors benefiting the most, according to research by PGIM Real Estate.

In its recently released 2021 Global Outlook… Read More>>

Former Anbang Unit Buys Beijing Office Tower From SK Group for $1.4B

2021/06/09 by Christopher Caillavet Leave a Comment

Beijing’s investment market is showing further signs of life after a local insurer paid RMB 9.06 billion ($1.4 billion) for the SK Tower in the capital’s central business district, marking the biggest transaction for an office building in China during… Read More>>

Mapping Sustainability in Asia’s Real Estate Industry – a Mingtiandi Survey

2021/06/09 by Michael Cole 1 Comment

Singapore has set out plans to make 80 percent of buildings in the city-state go green by 2030 and in December, Hong Kong said that it would begin requiring finance firms in the city to disclose climate change policies by… Read More>>

Tan Boon Leong JLL

JLL Hires Tan Boon Leong, Ng Ee Kiat to Bolster Singapore Industrial Team

2021/06/09 by Christopher Caillavet Leave a Comment

After bringing aboard Tom Woolhouse earlier this year to lead its Singapore-based logistics and industrial team for Asia Pacific, JLL has made two more outside hires to boost its shed-shifting power.

Tan Boon Leong and Ng Ee Kiat, both jumping… Read More>>

Three Garden Road Champion REIT

HK’s Champion REIT Secures First Green Credit and More Asia Real Estate Headlines

2021/06/09 by Danat Krairiksh Leave a Comment

In today’s roundup of regional news headlines, a Hong Kong REIT becomes the latest to clinch green financing, China’s central tax authorities prepare to take over land sales, and Singapore’s Lim family sees nine of its properties frozen by a… Read More>>

Sheraton Tech Centre - Denver

Eagle Hospitality Trust Completes Sale of 5 US Hotels for $155M

2021/06/08 by Christopher Caillavet Leave a Comment

The liquidation of Singapore’s Eagle Hospitality Trust has started raising some hard cash as Asia’s most beleaguered REIT on Monday announced the sale of five US hotels for an aggregate consideration of $155.4 million.

The five hotels among 15 EHT… Read More>>

Savills China Appoints Louisa Luo as Head of Industrial and Logistics

2021/06/08 by Christopher Caillavet Leave a Comment

Savills China is beefing up its management team with the appointment of longtime CBRE executive Louisa Luo as country head of industrial and logistics.

Based in Shanghai, Luo will oversee strategic operations, business development and team management while continuing to… Read More>>

Singapore Private Condo

COVID Restrictions Drop SG Condo Resales 11% in May and More Asia Real Estate Headlines

2021/06/08 by Danat Krairiksh Leave a Comment

Slower home sales in Singapore lead today’s collection of real estate headlines from around Asia, as COVID-19 restrictions gave the city’s condo resale market the chills during May.

Highly leveraged mainland developer China Evergrande also continues to… Read More>>

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