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Li Congrui (Getty Images)

China Jinmao Chairman Resigns After One Month on the Job

2023/06/04 by Christopher Caillavet Leave a Comment

The recently appointed chairman of China Jinmao Holdings has walked out the door after just 33 days in the role, to be succeeded by another longtime hand from the developer’s parent group, state-owned Sinochem Corporation.

Li Congrui resigned as chairman… Read More>>

B&M Claye-Souilly

Singapore’s IREIT Buying 17 French Retail Properties for $82M

2023/06/01 by Christopher Caillavet Leave a Comment

Singapore-listed IREIT Global has agreed to acquire a portfolio of 17 retail properties across France for €76.8 million ($82 million), as the Europe-focused trust continues to diversify its holdings beyond the office sector.

Classified as out-of-town retail parks, the freehold… Read More>>

Anthea Lee Keppel

Anthea Lee Exiting Keppel DC REIT as Manager Names Loh Hwee Long New CEO

2023/06/01 by Christopher Caillavet Leave a Comment

The manager of Keppel DC REIT has announced the appointment of Loh Hwee Long as CEO of the Singapore-listed data centre trust to succeed departing chief Anthea Lee.

Loh, who currently serves as chief investment officer of Keppel Data Centres,… Read More>>

George Hongchoy, Executive Director & Chief Executive Officer, Link Asset Management Limited

Hong Kong’s Link REIT Posts 5.4% Revenue Rise as Portfolio Grows

2023/05/31 by Christopher Caillavet Leave a Comment

Hong Kong’s Link REIT posted revenue growth of 5.4 percent to HK$12.2 billion ($1.6 billion) for the 12 months ended in March, as the total distributable amount for Asia’s largest listed trust edged up 0.6 percent to HK$6.3 billion despite… Read More>>

Ocean We-Life Plaza Beijing

Sino-Ocean Group Selling Beijing Mall to Mainland Retailer for $50M

2023/05/31 by Christopher Caillavet 2 Comments

Sino-Ocean Group has agreed to sell a Beijing shopping centre and the property’s parking area for a total of RMB 359.2 million ($50.6 million), as the state-backed Chinese developer continues a string of asset disposals in the wake of last… Read More>>

Singapore’s CDL Set to Kick Off Pair of Aussie BTR Projects

2023/05/30 by Beatrice Laforga Leave a Comment

Singapore property heavyweight City Developments Ltd (CDL) has officially entered Australia’s  build-to-rent (BTR) residential sector with a pair of development projects set to break ground in the second half of this year.

CDL Australia will begin construction on a rental… Read More>>

Alex Barnes

Upgrade Demand Drives Hong Kong Office Leasing as Tenants Give Up More Space

2023/05/30 by Christopher Caillavet Leave a Comment

New leasing in Hong Kong’s Grade A office market is being driven mainly by upgrade demand amid more completions this year, according to JLL.

An estimated 3.2 million square feet (297,290 square metres) of new Grade A space is scheduled… Read More>>

Stephen Gaitanos, Scape

Scape Principals Team With APG, Bouwinvest for 10,000-Unit Aussie BTR Venture

2023/05/29 by Christopher Caillavet Leave a Comment

The principals of Scape Australia, Stephen Gaitanos and Craig Carracher, have formed a A$1.5 billion ($980 million) partnership with Dutch fund managers APG and Bouwinvest to develop and acquire assets in the emerging build-to-rent sector Down Under.

The fresh joint… Read More>>

Weijian Shan, PAG

PAG Chairman Shan Weijian to Headline Mingtiandi Hong Kong Forum on 27 June

2023/05/29 by Michael Cole Leave a Comment

Hong Kong is ready to host its biggest institutional real estate event since 2019 as Mingtiandi welcomes Asia’s top property executives to its first forum in the city in nearly four years.

The Mingtiandi Hong Kong Focus Forum 2023 features… Read More>>

John Graham CPPIB

CPPIB Posts 1.3% Annual Return as Real Estate Investments Sustain Losses

2023/05/27 by Christopher Caillavet Leave a Comment

The Canada Pension Plan Investment Board posted a net return of 1.3 percent for the fiscal year that ended on 31 March, as it sold real estate assets in China and doubled down on its India property bets.

“Despite significant… Read More>>

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