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FCT CEO Richard Ng

Frasers REIT Sells Mall in Singapore’s Changi to Mainland Family for $250M

2023/08/30 by Beatrice Laforga Leave a Comment

Singapore-listed Frasers Centrepoint Trust is selling a mall near Changi airport for S$338 million ($250 million) to a mainland Chinese family, according to sources who spoke with Mingtiandi.

FCT’s manager told the local bourse on Wednesday that it has entered… Read More>>

Tampines 1

Frasers Centrepoint Trust Wins $310M Green Loan and More Asia Real Estate Headlines

2023/07/06 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Singapore’s Frasers Centrepoint Trust announces fresh financing to help its malls go green, and Sino-Ocean reportedly meets two key shareholders to discuss the Chinese developer’s debt load before an onshore bond matures next… Read More>>

NEX Mercatus

Frasers Group JV Buys Half-Stake in Mercatus Singapore Mall for $497M

2023/01/27 by Beatrice Laforga Leave a Comment

The manager of Frasers Centrepoint Trust and its sponsor, Singapore-listed property developer Frasers Property, have teamed up to acquire a 50 percent stake in the largest mall in northeast Singapore from Mercatus Co-operative Ltd for S$652.5 million ($497 million).

FCT’s… Read More>>

Singapore condo project

Singapore Mortgages Chip Away at Monthly Income and More Asia Real Estate Headlines

2022/10/26 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Moody’s reports that Singapore homeowners are using more of their income to service mortgages, Hong Kong’s URA invites dozens of developers to a Sai Ying Pun project tender, and SGX-listed Keppel REIT posts… Read More>>

China Evergrande Centre Wanchai

Seizure of Evergrande Hong Kong HQ Confirmed and More Asia Real Estate Headlines

2022/09/13 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, the seizure of China Evergrande’s Hong Kong headquarters is confirmed by public records as the debt-saddled developer pledges to restart dozens of stalled projects. Meanwhile, New York-based SL Green announces its acquisition of… Read More>>

Kaisa Group Holdings Limited Chairman and Executive Director Kwok Ying-shing at the Kaisa Group Holdings Limited Annual Results Announcement 2016 Press Conference at the The Landmark Mandarin Oriental in Central

Kaisa Reports Progress Repaying $18B in Debt and More Asia Real Estate Headlines

2022/07/27 by Pawara Laothamatas Leave a Comment

In today’s roundup of regional news headlines, debt-saddled developer Kaisa Group is making progress in restructuring some $18 billion in borrowings after defaulting on its offshore bonds, as Singapore-listed Keppel REIT posts a 1 percent year-on-year increase in distribution per… Read More>>

hong kong housing

Hong Kong Home Price Decline Slowed in March and More Asia Real Estate Headlines

2022/04/28 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, Hong Kong’s sagging home prices stabilised in March as the latest COVID wave ebbed, beleaguered mainland developer China Evergrande plans a sales blitz for the long May Day holiday, and Singapore industrial rents… Read More>>

Frasers Property Soon Su Lin

Frasers Property Names Soon Su Lin As Singapore CEO

2022/02/02 by Beatrice Laforga Leave a Comment

Over two years after saying goodbye to its long-term head of Singapore, Frasers Property Ltd has appointed Soon Su Lin to lead its home city operations, giving Frasers Property Singapore its first chief executive since 2019.

Soon, who led the… Read More>>

hui ka yan evergrande

China Pushes Developers to Make Bond Payments and More Asia Real Estate Headlines

2021/10/27 by Pimfha Chandhapradit Leave a Comment

The ongoing debt drama of China’s defaulting developers and their anxious creditors entered a new stage this week as the country’s top planning body, the NDRC, has issued a statement pushing companies to pay their offshore bond obligations and better… Read More>>

Lee Chee Koon CapitaLand

CapitaLand Sets Up Sustainable Innovation Fund and More Asia Real Estate Headlines

2021/06/14 by Danat Krairiksh Leave a Comment

In today’s roundup of regional news headlines, real estate giant CapitaLand hatches a five-year fund to boost innovation and sustainability, another Hong Kong parking spot goes for an eye-popping sum, and Singapore’s retail and office REITs outperform despite recent COVID… Read More>>

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