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shk700

Sun Hung Kai Asks to Redesign West Kowloon Project as Two Taller Towers

2020/09/20 by Michael Cole 1 Comment

Sun Hung Kai Properties is asking to change the design for Hong Kong’s largest commercial site ever with the blue-chip developer hoping to develop two taller towers rather than follow the original three building concept.

Hong Kong’s biggest developer by… Read More>>

william tay ascendas

Ascendas REIT Buys Sydney Office Project From Frasers JV for A$167.2M

2020/09/19 by Michael Cole Leave a Comment

Singapore’s Ascendas REIT is picking up an office project in suburban Sydney, marking the second acquisition by an SGX-listed trust in the Macquarie Park area in less than a week.

The REIT managed by Singapore’s CapitaLand has agreed to purchase… Read More>>

JLL Jim Yip

Quickening Home Sales Drove China Property Investment to 16-Month High in August

2020/09/17 by Elizabeth Kerr Leave a Comment

After a gruesome start to the year, home sales in China continued to climb in August, and the country’s developers are responding by pouring more money into the sector, according to official data published this week.

Sales of new real… Read More>>

adriel chan Hang Lung

Hang Lung Names Chan Family Scion as Vice Chair

2020/09/16 by Elizabeth Kerr 1 Comment

60 years after it was founded, the future of one of Hong Kong’s largest property developers became more apparent this month when the board of Hang Lung Properties appointed Adriel Wenbwo Chan as its new vice chair.

Chan, the son… Read More>>

Xu Jiayin Evergrande

Evergrande Buys Hong Kong Resi Project From Henderson for HK$4.7B

2020/09/15 by Mingtiandi Team Leave a Comment

Top mainland developer China Evergrande is ready to start building 400 villas in Hong Kong after buying a site in the New Territories from Henderson Land, according to a report by the blue chip local builder late last week.

In… Read More>>

Mapletree Trust Adds to US Data Centre Portfolio with $204M-Plus Virginia Buy

2020/09/15 by Michael Cole Leave a Comment

Singapore’s Mapletree Industrial Trust is adding to its collection of US data centres through an agreement to purchase a facility in Virginia for at least $204 million, the trust’s manager announced on Monday.

The unspecified server farm, which is believed… Read More>>

li ming sino ocean

Sino-Ocean Follows Evergrande, Sunac in Filing for HK Property Management IPO

2020/09/15 by Skye Li Leave a Comment

A month after China Evergrande sold a $3 billion stake in its property management spin-off ahead of an IPO, competing developer Sino-Ocean Group announced plans to seek a separate Hong Kong listing for its services arm.

Sino-Ocean Service Holding Limited,… Read More>>

Alex Ju Chindata

Bain-Backed Asia Data Centre Startup Files for NASDAQ IPO

2020/09/14 by Michael Cole Leave a Comment

The private equity rush to cash in on Asian data centre demand achieved a new milestone this month when a Beijing-based startup backed by Bain Capital filed for a NASDAQ IPO.

Chindata Group Holdings filed its Form F-1 registration statement… Read More>>

Benett Theseira

PGIM Buys Industrial Building in Singapore’s Paya Lebar for S$75M

2020/09/14 by Mingtiandi Team Leave a Comment

PGIM Real Estate has acquired a six-storey industrial building in Singapore’s Paya Lebar region for S$75 million ($55 million) the global real estate manager announced on 11 September, underlining the growing popularity of industrial assets with some of the world’s… Read More>>

Paul Tham Keppel REIT

Keppel REIT Buys Sydney Office Park Asset From Goodman for A$306M

2020/09/13 by Michael Cole Leave a Comment

The manager of Singapore’s Keppel REIT announced today that it has agreed to acquire an office building in suburban Sydney for S$306 million ($223 million), adding a sixth Australian commercial asset to its portfolio.

The SGX-listed trust is acquiring a… Read More>>

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