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William Tay, CEO of Ascendas REIT

Ascendas REIT to Acquire Singapore Cold Chain Facility From PGIM for $136M

2022/09/14 by Christopher Caillavet Leave a Comment

Ascendas REIT has agreed to acquire a food storage and distribution centre in western Singapore from PGIM Real Estate for S$191.9 million ($136.5 million), marking the SGX-listed trust’s first investment in a cold chain facility in the city-state.

The leasehold… Read More>>

Jeffrey-Perlman-1-e1640142992862-400x313

Jeffrey Perlman of Warburg Pincus Headlines Mingtiandi Singapore Forum on 18 October

2022/09/14 by Michael Cole Leave a Comment

After welcoming more than 15,000 guests to its MTD TV online forums in the past two years, Mingtiandi is organising its first-ever event in Singapore on 18 October.

Led by a keynote interview with Warburg Pincus head of… Read More>>

Yanlord chairman Zhong Sheng Jian

Pair of Sites in Singapore’s Lentor Hills Sold for $543M as Bidding Underwhelms

2022/09/13 by Christopher Caillavet Leave a Comment

Two land parcels within the new Lentor Hills estate were auctioned off by Singapore’s Urban Redevelopment Authority on Tuesday, with a consortium led by Chinese-owned United Engineers winning the larger of the two residential development sites with a bid of… Read More>>

PDG Says Ready for Competition in Asia Hyperscale Market: MTD TV

2022/09/13 by Beatrice Laforga Leave a Comment

https://player.vimeo.com/video/749036147?h=7f0161cfa7Video can’t be loaded because JavaScript is disabled: Mingtiandi APAC Data Centre Forum 2022: Spotlight Interview with Princeton Digital Group (https://player.vimeo.com/video/749036147?h=7f0161cfa7)

  After raising $505 million in fresh funding this year, Princeton Digital Group sees room for… Read More>>

Hannah Jeong Colliers

$1B West Kowloon Commercial Project Up for Tender in Hong Kong

2022/09/12 by Pawara Laothamatas Leave a Comment

Hong Kong developers have once again been invited to submit bids for a commercial project in the city’s West Kowloon area which could be worth as much as HK$10.7 billion ($1.36 billion) upon completion.

The West Kowloon Cultural District Authority,… Read More>>

Xu Jiayin Evergrande

Lenders Move to Seize Evergrande’s Hong Kong Headquarters 

2022/09/11 by Christopher Caillavet Leave a Comment

China Evergrande’s struggle to pay its debts produced more drama this past week as lenders to the world’s most indebted developer took steps to seize its Hong Kong headquarters.

The unidentified lenders to Shenzhen-based Evergrande have appointed a receiver to… Read More>>

Rangu Salgame, Chairman & CEO, Princeton Digital Group

Data Centre Forum Continues with PDG, Hyperscale and Greater China Sessions

2022/09/11 by Michael Cole Leave a Comment

Mingtiandi’s APAC Data Centre Forum 2022 enters its second week with a solo interview with the chairman of Princeton Digital Group as well as panel discussions on the hyperscale and Greater China markets as the region’s top conference on data… Read More>>

Keith Fujii Lasalle

LaSalle Overachieves With $2.2B Raised for 6th Asia Opportunistic Fund

2022/09/08 by Christopher Caillavet Leave a Comment

LaSalle Investment Management has raised more than $2.2 billion in equity for its LaSalle Asia Opportunity VI fund, handily exceeding the firm’s initial target of $1.5 billion.

The committed capital, which includes sidecars and co-investment programmes, has been secured from… Read More>>

Sunac China Chairman Sun Hongbin

Sunac China Vows to Fight Winding-up Petition, Promises Debt Restructuring Plan

2022/09/08 by Iris Hong Leave a Comment

Sunac China Holdings said it will take all measures to defend itself against a winding-up petition filed in Hong Kong as the debt-wracked property developer works to restructure its offshore liabilities after missing bond payments earlier this year.

A winding-up… Read More>>

Hui Ka Yan

Mainland Court Sells Evergrande Stake in Shengjing Bank for $1.1B

2022/09/07 by Christopher Caillavet Leave a Comment

Defaulting developer China Evergrande had its remaining 14 percent stake in Shengjing Bank auctioned off on Wednesday, with a consortium of seven mainland firms picking up the equity in the Shenyang lender with a winning bid of RMB 7.3 billion… Read More>>

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