The first government tender of a residential project in Hong Kong’s Wan Chai area in eight years closed on Friday with a flock of developers entering bids for the chance to develop housing worth nearly HK$3 billion ($382 million) on… Read More>>
Singapore’s NTUC Nears Sale of $3.7B in Retail, Office Assets
Singapore’s NTUC Enterprise Co-operative Ltd is close to selling off the majority of its Singapore real estate portfolio with its property arm marketing S$4.15 billion ($3 billion) in suburban malls at the same time that its insurance division is mulling… Read More>>
Tishman Speyer Appoints Graham Mackie to Lead APAC Push Beyond China and India
US developer Tishman Speyer has hired industry veteran Graham Mackie as a managing director to lead the firm’s Asia Pacific expansion strategy, with a focus on opportunities outside of Tishman’s established markets of China and India.
Mackie joins Tishman Speyer… Read More>>
Hongkong Land JV to Build 526 Shanghai Homes After Buying $700M Residential Site
Hongkong Land has teamed up with a state-backed Shenzhen developer and a local government body to take on a new Shanghai residential development after purchasing a Xuhui district site for RMB 4.73 billion ($700 million), despite the headwinds faced by… Read More>>
Sino-Ocean Sells Stake in Beijing Office Building to Ping An for $740M
Chinese developer Sino-Ocean Group Holding has sold its stake in a commercial project in Beijing’s Fengtai district for RMB 5.02 billion ($740 million) to Ping An Life Insurance amid weakening sales and dropping bond prices.
The mainland financial heavyweight has… Read More>>
AXA IM Alts Appoints Antoine Mesnage as Head of Australia, Promotes 2 Other Execs
AXA IM Alts is shaking up its leadership team Down Under with the appointment of Antoine Mesnage as the French firm’s head of Australia and the promotion of two longtime fund managers to senior roles.
Currently serving as head of… Read More>>
AEW Snaps Up Singapore Office Tower From Sun Venture for $489M
AEW has agreed to buy an office tower in Singapore’s Jurong East from local investment firm Sun Venture for S$680 million ($488.54 million) in the latest vote of global investor confidence in the city’s rebounding office market, Mingtiandi has learned.
Far East Orchard Forms $32M JV to Develop 690-Bed Bristol Student Housing Project
Far East Orchard has hooked up with two fellow Singapore-based investors on a £26.6 million ($32 million) joint venture to build a student accommodation project in Bristol, marking the developer’s fourth property in the southwestern English city.
FEO, controlled by… Read More>>
Gaw Capital Acquires Saigon Site for 20MW Data Centre Project
Gaw Capital Partners has added a fifth country to its Asia data centre network with the announcement on Tuesday of a site acquisition in Ho Chi Minh City, Vietnam.
Through a fund under its management the Hong Kong private equity… Read More>>
Set of Heritage Shophouses on Singapore’s Club Street Sell for $18.6M
ABR Holdings is buying a row of heritage commercial buildings on Singapore’s Club Street from entities linked to Citystate Group for a total of S$25.88 million ($18.61 million), according to a joint announcement on Tuesday.
A subsidiary of the SGX-listed… Read More>>
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