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Sherman Kwek CDL

Singapore’s CDL Warns of Loss After China Developer Investment Swells to $1.4B

2021/01/22 by Christopher Caillavet Leave a Comment

Singapore-based City Developments Ltd on Thursday issued a fresh warning that it is likely to report a loss stemming from the firm’s contentious investment in mainland Chinese developer Sincere Property Group.

In the filing with the Singapore Exchange, CDL cited… Read More>>

Logos Launches $371M Malaysian Project in Southeast Asia Expansion

2021/01/22 by Michael Cole Leave a Comment

Warehouse developer and fund manager Logos continues to expand its footprint in Southeast Asia, with an announcement this past week revealing that the company has agreed to begin building one of Malaysia’s largest distribution centres.

The ARA Asset Management-controlled firm… Read More>>

Chief Investment Officer for Asia, Hines

Hines Hires New Asia Investment Chief as Fund Management Business Grows

2021/01/21 by Christopher Caillavet Leave a Comment

Hines is strengthening its regional investment team with the hiring of asset management veteran Ng Chiang Ling as chief investment officer for Asia, based in the US developer’s Singapore office.

Ng will work alongside Asia Pacific CEO Ray Lawler and… Read More>>

Tom Woolhouse Joins JLL in Singapore to Lead APAC Industrial Team

2021/01/21 by Christopher Caillavet Leave a Comment

With warehouse properties continuing to grow in importance as an asset class, JLL’s regional operation is devoting some fresh resources to the sector, according to an announcement this week.

The global real estate consultancy on Tuesday announced the appointment of… Read More>>

Knight Frank Taps Candy Zhao for China COO Job

2021/01/21 by Michael Cole Leave a Comment

Property consultancy Knight Frank this week announced the appointment of Candy Zhao as chief operating officer for China, based in its Shanghai office.

Zhao will lead the agency‘s mainland business services teams, including finance, HR, office administration, IT, marketing, legal… Read More>>

rnf facility

Blackstone Closes on $1.1B China Logistics Deal and More Asia Real Estate Headlines

2021/01/21 by Pimfha Chandhapradit Leave a Comment

In our latest roundup of regional news headlines, private equity bigfoot Blackstone cinches a sizeable stake in a Guangzhou logistics park, advertising giant Dentsu considers putting up its Tokyo headquarters building for sale, and Frasers Property scraps a Vietnam joint… Read More>>

westin sacramento3

Eagle Hospitality Trust Hotels Declare Bankruptcy as Singapore REIT Collapses

2021/01/20 by Michael Cole Leave a Comment

Eagle Hospitality Trust took another step towards liquidation today as the Singapore-listed REIT revealed that 27 entities within its portfolio have filed for bankruptcy in the US.

In a filing to the SGX, DBS Trustee, which is looking after the… Read More>>

Graeme Torre APG

APG Boosts Godrej Indian Office Platform to $250M First Closing

2021/01/20 by Christopher Caillavet Leave a Comment

Godrej Fund Management (GFM), the real estate private equity arm of Mumbai-based Godrej Group, on Monday announced the $250 million first closing of its $500 million office development platform, GBTC II, with cornerstone investor APG Asset Management kicking in $200… Read More>>

Korea’s NPS Extends Term of CIO Ahn Hyo-joon

Allianz Fund Buys Stake in SG Tower for $477M, Picks Up Shanghai Office Complex

2021/01/20 by Michael Cole Leave a Comment

Allianz Real Estate has moved forward with a deal to acquire a half-stake in one of Singapore’s flagship office properties in a bet on the long-term health of the city’s core office market.

The property investment arm of the European… Read More>>

Mr Tan Yew Chin_CEO_CapitaLand Singapore

CapitaLand Tops Out Singapore Trophy Tower, Targets Completion This Year

2021/01/19 by Christopher Caillavet Leave a Comment

CapitaSpring, a $1.3 billion mixed-use project in Singapore’s Raffles Place commercial hub, has achieved its full height of 280 metres (919 feet), according to an announcement by its owners.

Now 75 percent complete in terms of overall construction, the 51-storey… Read More>>

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MTD TV

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