Warehouses are rapidly being transformed from simple sheds to multi-purpose fulfilment centres, with developers and operators rapidly adding new tech systems to meet the needs of e-commerce platforms, according to a trio of experts who will be appearing on MTD… Read More>>
Singapore’s CDL Warns of Loss After China Developer Investment Swells to $1.4B
Singapore-based City Developments Ltd on Thursday issued a fresh warning that it is likely to report a loss stemming from the firm’s contentious investment in mainland Chinese developer Sincere Property Group.
In the filing with the Singapore Exchange, CDL cited… Read More>>
Logos Launches $371M Malaysian Project in Southeast Asia Expansion
Warehouse developer and fund manager Logos continues to expand its footprint in Southeast Asia, with an announcement this past week revealing that the company has agreed to begin building one of Malaysia’s largest distribution centres.
The ARA Asset Management-controlled firm… Read More>>
Hines Hires New Asia Investment Chief as Fund Management Business Grows
Hines is strengthening its regional investment team with the hiring of asset management veteran Ng Chiang Ling as chief investment officer for Asia, based in the US developer’s Singapore office.
Ng will work alongside Asia Pacific CEO Ray Lawler and… Read More>>
Tom Woolhouse Joins JLL in Singapore to Lead APAC Industrial Team
With warehouse properties continuing to grow in importance as an asset class, JLL’s regional operation is devoting some fresh resources to the sector, according to an announcement this week.
The global real estate consultancy on Tuesday announced the appointment of… Read More>>
Eagle Hospitality Trust Hotels Declare Bankruptcy as Singapore REIT Collapses
Eagle Hospitality Trust took another step towards liquidation today as the Singapore-listed REIT revealed that 27 entities within its portfolio have filed for bankruptcy in the US.
In a filing to the SGX, DBS Trustee, which is looking after the… Read More>>
APG Boosts Godrej Indian Office Platform to $250M First Closing
Godrej Fund Management (GFM), the real estate private equity arm of Mumbai-based Godrej Group, on Monday announced the $250 million first closing of its $500 million office development platform, GBTC II, with cornerstone investor APG Asset Management kicking in $200… Read More>>
Allianz Fund Buys Stake in SG Tower for $477M, Picks Up Shanghai Office Complex
Allianz Real Estate has moved forward with a deal to acquire a half-stake in one of Singapore’s flagship office properties in a bet on the long-term health of the city’s core office market.
The property investment arm of the European… Read More>>
COVID-19 Accelerates Proptech Adoption in Asia: Watch on MTD TV Asia Proptech Forum 2021
https://player.vimeo.com/video/502046787?h=31b075f2c0Video can’t be loaded because JavaScript is disabled: Mingtiandi Asia Proptech Forum 2021: COVID-19 Accelerates a Trend (https://player.vimeo.com/video/502046787?h=31b075f2c0)
The COVID-19 pandemic has driven a surge in adoption of information systems by real estate companies in Asia, according… Read More>>
Tech Adoption in Asian Real Estate: Download the Report A Mingtiandi Special Report
The real estate industry globally has been slower to pick up use of technology than other sectors, but the advent of the COVID-19 pandemic in 2020 helped drive rapid, and what many see as permanent change, particularly in Asia.
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