Savills Investment Management has appointed Alex Jeffrey as its new chief executive officer ending a period of transition in the real estate investment firm’s management which has endured since global CEO and chairman Justin O’Connor quit the UK firm in… Read More>>
Keppel REIT Buys PGIM Office Asset for $221M to Break into Seoul Market
Singapore-listed Keppel REIT has agreed to acquire a freehold Grade A office building located in Seoul’s central business district from PGIM Real Estate, for 252.6 billion won ($221 million), according to an annoucement by the listed trust’s manager.
Keppel REIT… Read More>>
HNA Unit Says Creditors Seized Assets in SG, US, China After Loan Default
Lenders to CWT International Ltd have seized control of its assets in Singapore, China and the US after the unit of HNA Group failed to repay a short term loan taken out last October, a filing to the Hong Kong… Read More>>
Hohhot Offers Half-Price Homes and More China Real Estate Policy News
Municipal government officials across China continue to show a taste for migrant home buyers, as Mingtiandi’s round up of China regulatory news finds new incentives for educated out-of-towners to buy housing in Hohhot, Baoding and Ningbo.
And this fashion for… Read More>>
Future Holdings Bond Binge Continues with $1B Barrage and More China Finance News
Chinese developers continue to issue bonds both onshore and offshore this month with Jiangsu-based Future Holdings selling another $1 billion in bonds via offshore markets.
Two of the mainland’s more financially challenged builders this year also made their way into… Read More>>
JLL and C&W Lead Asia Brokerage Wins with Over S$900M in Singapore Deals Mingtiandi Broker Battle
A set of Singapore deals lead Mingtiandi’s list of noteworthy brokerage milestones this week with JLL assisting in the disposal of the Chinatown Point Mall on New Bridge Road and Cushman & Wakefield facilitating the sale of a pair of… Read More>>
CapitaLand Reaches $391M First Close on Value-Add Office Fund
CapitaLand has reached a $391 million first close on its first ever discretionary equity investment fund, according to an announcement today by the Singaporean real estate giant.
The CapitaLand Asia Partners I (CAP I) fund, is dedicated to value-add office… Read More>>
CDL, Alpha JV Selling Singapore Office Blocks in S$395M Deal
City Developments Ltd (CDL) and Alpha Investment Partners have agreed to sell a suburban office project in Singapore at a reported S$395 million ($291.5 million) valuation, marking the second divestment from a joint venture between the listed developer and the… Read More>>
Singapore’s SPH Spends £133.7M on 4th Purchase of UK Student Housing in 8 Months
Singapore Press Holdings (SPH), has acquired £133.7 million ($175.3 million) worth of student housing assets in the UK, allowing the publisher turned property developer to increase its portfolio of UK university accommodation by 1,243 beds to 5,059, the company announced… Read More>>
BlackRock Names Tony Tang Head of China
Asset management giant BlackRock on Wednesday named veteran finance executive Tony Tang as its new head of China, as the US-based firm continues to ramp up its presence in the world’s second-largest economy.
The 46-year-old, who since May last year… Read More>>
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