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Beh Siew Kim of Ascott

Ascott REIT Buying Carlyle-Backed Illinois Student Housing Project for $83M

2021/11/01 by Christopher Caillavet Leave a Comment

Ascott Residence Trust has agreed to acquire an apartment building near the main campus of the University of Illinois, marking the Singapore-listed REIT’s fourth investment in the US student accommodation market this year.

ART will pay $83.25 million for the… Read More>>

Ong Beng Seng

Temasek-Led Group’s $2.5B Bid Tops Keppel Offer for SPH Real Estate Business

2021/10/31 by Christopher Caillavet Leave a Comment

Keppel Corporation’s plan to acquire Singapore Press Holdings’ real estate business is being challenged by a rival bid from an unlikely source: a consortium backed by state holding firm Temasek and hotel tycoon Ong Beng Seng.

Cuscaden Peak, a company… Read More>>

han xiaosheng oceanwide

Creditors Seize Oceanwide’s San Francisco Office Project After $320M Bond Default

2021/10/30 by Christopher Caillavet Leave a Comment

China Oceanwide Holdings suffered another blow to its shrinking real estate empire on Thursday as creditors foreclosed on the cash-strapped developer’s unfinished San Francisco mixed-use project, which had served as collateral for about HK$2.5 billion ($320 million) in notes that… Read More>>

Chew-Fook-Aun-Deputy-Chairman

Lai Sun Adds to Residential Pipeline with $206M Kowloon Tong Buy

2021/10/30 by Pawara Laothamatas Leave a Comment

Local builder Lai Sun Development moved to expand its development pipeline this past week, in the midst of Hong Kong’s housing boom, as it topped 16 competing bids to win a residential site in Kowloon Tong for a price of… Read More>>

Henry Low Amazon

Amazon Opens in Singapore’s Asia Square as Tech Takes Over

2021/10/29 by Beatrice Laforga Leave a Comment

Tech giant Amazon has moved into a new home spanning three floors of Singapore’s Asia Square One office tower, bringing a high tech hipster style to the city’s banker-dominated Marina Bay financial hub.

Occupying over 100,000 square feet (9,290 square… Read More>>

jesline goh UOL

UOL Group Wins Tender for Bukit Timah Residential Site With $408M Bid

2021/10/28 by Christopher Caillavet Leave a Comment

With Singapore’s home prices continuing to climb despite a COVID resurgence, local developer UOL Group seized the chance to replenish its land bank by entering the top bid for a residential redevelopment site in the city-state’s lush Bukit Timah area.

… Read More>>

mtd tv aussie panel thumbnail

SC Capital, JLL, RCA, Perri Predict Office Upswing as Australia Opens Up: MTD TV Office Strategies Forum 2021

2021/10/28 by Christopher Caillavet Leave a Comment

https://player.vimeo.com/video/639826297?h=fb802dc604Video can’t be loaded because JavaScript is disabled: Mingtiandi Office Strategies Forum 2021: Asian Capital & Australian Offices (https://player.vimeo.com/video/639826297?h=fb802dc604)

Asian capital has played a sustaining role in Australia’s real estate market during the lengthy period of COVID-19… Read More>>

Danny Phuan, Head of Acquisitions, APAC, Head of China, Allianz Real Estate

Allianz, Benoy, JLL and Asia Green to Explore Assets for Asia’s New Economy

2021/10/28 by Beatrice Laforga Leave a Comment

Thanks to the growth of online giants such as Alibaba and Tencent, the tech sector now accounts for more than 38 percent of China’s GDP, according to government statistics, and with other Asia Pacific nations such as Singapore and India… Read More>>

Simon Treacy BlackRock

CapitaLand Hires Former Blackrock, Brookfield Execs Treacy and Boocock

2021/10/27 by Beatrice Laforga Leave a Comment

Singapore’s CapitaLand Investment is importing expertise from BlackRock and Brookfield to head its private real estate fund management business as it begins its new existence as an asset manager.

The SGX-listed unit of CapitaLand Group this week welcomes Simon Treacy,… Read More>>

Teresa Cheng

Company Controlled by Family of HK’s Teresa Cheng Buys $75M Tower

2021/10/27 by Pawara Laothamatas Leave a Comment

A company controlled by the family of Hong Kong secretary for justice Teresa Cheng is jumping into the city’s industrial property boom with a HK$585 million ($75.2 million) purchase in the New Territories, according to an announcement this month to… Read More>>

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MTD TV

Pierre-Alexandre Humblot, ESR
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