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Sanjay Goel of Flow

PAG Data Centre Unit Flow Hires American Tower’s Sanjay Goel as CEO

2025/04/22 by Christopher Caillavet Leave a Comment

Flow Digital Infrastructure on Tuesday announced the hiring of Sanjay Goel as CEO of the data centre unit of Asia-focused private equity firm PAG.

Goel joined Flow this month after serving most recently on the regional leadership team at NYSE-listed… Read More>>

Wang Jianlin, Chairperson of the Wanda Group

Wanda Selling Hotel Business to Tencent-backed Travel Firm for $347M

2025/04/21 by Iris Hong Leave a Comment

Debt-ridden Dalian Wanda Group has agreed to sell its hotel management arm to a Tencent and Trip.com-backed travel company for RMB 2.5 billion ($347 million), as the property conglomerate continues to shed assets.

Wanda Hotel Development Limited, which is 65… Read More>>

Christina Tan of Keppel

Keppel Raises $1.5B for Data Centre and Education Funds, Urban Renewal Strategy

2025/04/21 by Christopher Caillavet Leave a Comment

Singapore’s Keppel Ltd has announced capital commitments totalling S$2 billion ($1.5 billion) for its latest data centre and education asset funds and an existing strategy focused on sustainable urban renewal.

The funding haul includes a $580 million first closing on… Read More>>

Shanghai Office Rents Slide For 12th Straight Quarter

2025/04/20 by Iris Hong Leave a Comment

With nearly a quarter of the city’s space standing empty, grade A office rents in Shanghai fell for a 12th straight quarter in the first three months of this year, as international firms pull back on leasing and local demand… Read More>>

Hideaki Suzuki, Cushman & Wakefield

Central Tokyo Office Rents Surge as Construction Costs Push Up Rates for New Supply

2025/04/20 by Christopher Caillavet Leave a Comment

Grade A office rents in Tokyo’s central five wards jumped in the first quarter of 2025 as greater construction costs pushed up asking rents for incoming supply, triggering elevated rates in the broader market, according to Cushman & Wakefield.

Assumed… Read More>>

Reini Otter of Frasers

Morgan Stanley Buys Half-Stake in $380M Frasers Aussie Shed Portfolio

2025/04/17 by Christopher Caillavet Leave a Comment

The real estate investment arm of banking giant Morgan Stanley has formed a 50:50 joint venture with Frasers Property to invest in an Australia industrial portfolio developed by the Singapore-based firm and valued at A$600 million ($380 million).

The set… Read More>>

Puah Tze Shyang CapitaLand

CapitaLand Investment Applies for Shanghai Listing of $380M China Mall REIT

2025/04/17 by Christopher Caillavet Leave a Comment

Singapore’s CapitaLand Investment has applied for the registration and listing of its first onshore China REIT, with the trust set to be seeded with a pair of malls valued at a combined RMB 2.8 billion ($380 million).

The listing of… Read More>>

shanghai housing

China’s Home Price Slide Narrowed in March as More Cities Reported Rebounds

2025/04/17 by Iris Hong Leave a Comment

Prices for new homes in China fell at a slower pace in March, declining by 0.08 percent month on month compared with a 0.14 percent slide in February, according to government statistics released on Thursday.

During last month, 24 of… Read More>>

Kelvin Lim - Coliwoo

Singapore’s LHN Group Proposes SGX Listing for Coliwoo Co-Living Business

2025/04/16 by Michael Cole Leave a Comment

The boom in Asia’s living sector may be set to pay dividends for Singapore’s LHN Group as the developer prepares a separate SGX listing for its rental residential business.

LHN has applied to list Coliwoo, its co-living unit, on the… Read More>>

John Siu of Cushman & Wakefield

Hong Kong Office Rents Down 42% From 2019 Peak After Q1 Slide: C&W

2025/04/16 by Christopher Caillavet Leave a Comment

Grade A office rents in Hong Kong dipped to HK$43.90 ($5.66) per square foot per month during the first quarter of the year, marking a 42.2 percent decline from their peak in the same quarter of 2019, according to Cushman… Read More>>

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