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Raymond Lawler_Hines Asia-Pacific CEO

Hines to Build $1B Mixed-Use Complex in South Korea’s Busan

2023/02/07 by Christopher Caillavet Leave a Comment

US developer Hines on Tuesday announced plans to build and operate a 74-storey mixed-use complex in South Korea’s second-largest city of Busan.

Dubbed the Global Quantum Complex, the $1 billion project will house the nation’s first quantum computing R&D hub,… Read More>>

Boustead Singapore chairman Wong Fong Fui

Boustead Singapore Offers $213M Buyout of Property and Engineering Division

2023/02/07 by Beatrice Laforga Leave a Comment

SGX-listed investment firm Boustead Singapore is proposing to take its property and construction division Boustead Projects private in an offer that values the company at S$281.9 million ($212.5 million), adding to a recent flurry of property company buyouts.

Boustead Singapore… Read More>>

Tan Yew Chin CapitaLand Development

CapitaLand to Redevelop Singapore’s JCube Mall Into 40-Storey Residential Project

2023/02/07 by Christopher Caillavet Leave a Comment

Singapore’s CapitaLand Development has obtained provisional permission from authorities to redevelop its JCube mall into a 40-storey residential project after acquiring the property from an affiliated REIT one year ago.

Targeted for completion in 2027, the development will feature commercial… Read More>>

Nicholas Toh, group chief executive officer of DCI Data Centers

Nicholas Toh Takes Over as Group CEO at DCI Data Centers

2023/02/07 by Greg Isaacson Leave a Comment

DCI Data Centers, an arm of Brookfield Infrastructure, has tapped Nicholas Toh to serve as group chief executive officer, bringing more than two decades of experience in data centres, real estate investment and finance to the Singapore-based role.

The Australian… Read More>>

Matthew Ong, CEO of SLB Development

Singapore’s SLB Buys South Bridge Road Commercial Assets From Hwa Hong for $10M

2023/02/06 by Beatrice Laforga Leave a Comment

Singapore-listed builder SLB Development has picked up a pair of low-rise office buildings between the city-state’s Boat Quay and Clarke Quay areas with plans to renovate or redevelop the ageing assets near the Singapore River, Mingtiandi has learned.

The property… Read More>>

Sunway RE Capital CEO Tan Kok Heng

Sunway RE Capital Buys UK Student Housing Asset to Bring Portfolio to $90M

2023/02/06 by Christopher Caillavet Leave a Comment

Fund manager Sunway RE Capital has acquired a student housing property in southern England, adding to a burst of recent acquisitions in the asset class by Singapore-based investors in the UK.

The real estate platform controlled by Malaysia’s Sunway Group… Read More>>

David Loh Kim Kang Centurion

Singapore’s Centurion Plans $92M Sydney Student Housing Project

2023/02/05 by Beatrice Laforga Leave a Comment

Singapore-based Centurion Properties is proposing to build a 732-unit student housing complex in Sydney, Australia for A$132.17 million ($91.5 million) to serve the growing demand for high quality facilities generated by a wave of returning overseas students.

A unit of… Read More>>

Laurent Jacquemin AXA

AXA IM ALTS Picks Up 33 Japanese Apartment Buildings for $459M

2023/02/02 by Greg Isaacson Leave a Comment

French fund manager AXA IM Alts has boosted its multifamily holdings in Japan with the acquisition of a 33-property apartment portfolio across Tokyo, Greater Osaka, and Nagoya for about €420 million ($459 million).

The 2,141-unit portfolio is made up of… Read More>>

Tim Blackburn Swire

Swire Properties Buys 40% Stake in Bangkok Residential Site From HKRI for $73M

2023/02/02 by Christopher Caillavet Leave a Comment

Swire Properties has acquired a 40 percent interest in a residential development site in central Bangkok for THB 2.4 billion ($73 million), with the Hong Kong-based developer making good on a pledge to beef up its pipeline of projects in… Read More>>

Don Lam Vinacapital

Vietnam’s Lodgis to Expand Hotel Network, Enter Korea Alongside Hanwha Group

2023/02/02 by Christopher Caillavet Leave a Comment

Lodgis Hospitality Holdings on Wednesday announced a tentative agreement with South Korea’s Hanwha Group on development, investment and management of future hotel and resort projects across Asia.

The chief executives of Warburg Pincus-backed Lodgis and Hanwha Hotels & Resorts signed… Read More>>

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