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ouecreit-Tan-Shu-Lin

OUE Commercial REIT CEO Tan Shu Lin Resigns From Singapore-Listed Trust

2021/10/27 by Christopher Caillavet Leave a Comment

The revolving door continues to whirl at Singapore’s real estate investment trusts, with OUE Commercial REIT becoming the latest to announce the resignation of its top executive.

Tan Shu Lin, who has served as chief executive and executive director at… Read More>>

Jonathan-Gray-Blackstone-

Blackstone Raises $4B for Asia Real Estate Fund on the Way to $9B Target

2021/10/26 by Christopher Caillavet Leave a Comment

Private equity titan Blackstone reported what it dubbed “the best results in our 36 years of history”, with distributable earnings more than doubling in the third quarter to $1.6 billion, as the Manhattan-based firm also shared some fresh milestones regarding… Read More>>

Hines, Baker Mac, Essensys, Tosei Asset Foresee More Flexible Offices: MTD TV Office Strategies Forum 2021

2021/10/26 by Christopher Caillavet Leave a Comment

https://player.vimeo.com/video/638971827?h=4d388dc359Video can’t be loaded because JavaScript is disabled: Mingtiandi Office Strategies Forum 2021: The Future of the Office (https://player.vimeo.com/video/638971827?h=4d388dc359)

The future looks flexible for Asia Pacific’s office sector, with landlords and developers stretching their workspaces to provide… Read More>>

Modern Land Fails to Repay $250M Bond in Latest China Developer Default

2021/10/26 by Beatrice Laforga Leave a Comment

Beijing-based builder Modern Land China failed to repay the principal and interest due on a $250-million dollar bond due Monday, making it the latest Chinese developer to miss dollar bond payments reflecting deepening financial stress in the real estate sector.

… Read More>>

Wanda Applies for Hong Kong IPO with Backing From PAG, Tencent and Ant

2021/10/25 by Christopher Caillavet Leave a Comment

Beijing-based Dalian Wanda Group filed papers Thursday to bring its commercial property business back to the Hong Kong stock market, as the developer controlled by billionaire Wang Jianlin looks to end five years marooned as a private firm after an… Read More>>

evergrande construction

Evergrande Says Work Moving Ahead at More Than 10 Stalled Projects

2021/10/25 by Christopher Caillavet Leave a Comment

Shares of debt-stricken China Evergrande saw a brief surge Monday after the developer sought to ease investor anxiety by announcing that work had resumed on more than 10 residential projects in six cities of Guangdong province.

In a WeChat post… Read More>>

Hines Hires Angelo Gordon Veteran Jon Tanaka to Head Japan Business

2021/10/25 by Beatrice Laforga Leave a Comment

US developer Hines has named its first country head for Japan as the blue-chip builder continues to expand its footprint in Asia Pacific.

The Houston-based real estate investment firm announced today that it has appointed former Angelo Gordon executive Jon… Read More>>

Tung chee Hwa

Tung Chee-Hwa Family Buys Pair of Floors in The Center for HK$1.3B

2021/10/23 by Michael Cole Leave a Comment

Sales of Hong Kong office space are on the way up, but at prices well below pre-COVID rates, as members of one of the city’s richest families recently picked up a pair of floors in Central at around 20 percent… Read More>>

Andrew Heithersay, Managing Director and Partner, SC Capital

SC Capital, Perri Projects, RCA, JLL on Asian Capital in Aussie Offices: MTD TV

2021/10/23 by Michael Cole Leave a Comment

Australia is set to begin opening its borders on 1 November and the prospect of international travel has the potential to spark fresh levels of interest in office markets which have already recorded megadeals this year, such as Korea’s NPS… Read More>>

Roun Barry, ARA Dunedin

ARA Dunedin Ties Up with Partners Group for Second UK Shed Deal This Month

2021/10/22 by Beatrice Laforga Leave a Comment

ARA Dunedin has announced its second UK industrial transaction within 10 days, as the London-based unit of Singapore’s ARA Asset Management today unveiled a joint venture with Switzerland’s Partners Group aimed at profiting from a shortage of logistics space in… Read More>>

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