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Eric Gan FHT

Frasers Promotes Eric Gan to FHT CEO as Eu Chin Fen Takes Over Hospitality Division

2023/01/16 by Christopher Caillavet Leave a Comment

Following the failed privatisation of Frasers Hospitality Trust last September, sponsor Frasers Property has made a change at the top with the appointment of Eric Gan as CEO of the Singapore-listed REIT’s managers, succeeding Eu Chin Fen.

Eu in turn… Read More>>

Eu Chin Fen FHT Frasers

Frasers Hospitality Trust Privatisation Fails as Vote Falls Just Short

2022/09/13 by Christopher Caillavet Leave a Comment

Frasers Property’s take-private scheme for Singapore-listed Frasers Hospitality Trust came up short by the barest of margins at a Monday vote, as unitholders representing 74.88 percent of the trust’s stapled securities approved the proposal, narrowly missing the 75 percent threshold… Read More>>

Hafary to acquire 11 shophouses on Lavender Street for S$71.28m

Row of Singapore Shophouses Sells for $50.6M and More Asia Real Estate Headlines

2022/07/12 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, a row of shophouses in Singapore’s Lavender Street sells for $50 million as an entire floor at the Suntec City office complex hits the market. Meanwhile, Frasers Hospitality Trust lays out contingency plans… Read More>>

evergrande xu jiayin tb

Evergrande Restructuring Timetable Stays on Track and More Asia Real Estate Headlines

2022/06/21 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, China Evergrande says it will unveil its restructuring scheme by the end of July as planned, as the debt-saddled developer receives new terms from the Hong Kong bourse to avoid a delisting. Meanwhile,… Read More>>

Charoen Sirivadhanabhakdi of Frasers Property

Singapore’s Frasers Property Makes $970M Buyout Offer for Hospitality Trust

2022/06/13 by Beatrice Laforga Leave a Comment

Frasers Property is proposing to take SGX-listed Frasers Hospitality Trust private in an all-cash deal that values the REIT at S$1.35 billion ($970 million), according to a joint announcement on Monday, as the hospitality sector continues to face headwinds.

Also… Read More>>

Amazon Bakersfield

Korea’s Mirae Buys 8 Amazon Warehouses for $520M and More Asia Real Estate Headlines

2022/06/09 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, South Korean investor Mirae acquires eight Amazon-leased US warehouses, the Thai billionaire who controls Singapore-listed Frasers Hospitality Trust reportedly plans to take the REIT private, and Chinese developer Sunac moves to delay an… Read More>>

Central Garden Residentials, R&F

R&F Pulls Plug on 10,000-Home Brisbane Project and More Asia Real Estate Headlines

2022/04/09 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, China’s R&F Properties scraps a high-profile residential project in Brisbane, Hong Kong developers throw their weight behind Beijing’s preferred candidate for chief executive, and home prices in Asia’s most expensive cities ease after… Read More>>

IFC Indonesia

Keppel Fights Lawsuit Over Jakarta IFC Site and More Asia Real Estate Headlines

2022/02/15 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, Singapore’s Keppel Corp defends against a land ownership claim by an individual in Indonesia, Guangzhou-based developer R&F seeks an extension on construction of a South Korean casino, and China Vanke’s chairman tells employees… Read More>>

Xia Haijun, CEO of Evergrande

Evergrande CEO Sold $128M in Bonds Pre-Default and More Asia Real Estate Headlines

2022/02/10 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, China Evergrande’s CEO discloses how he dumped bonds issued by the group ahead of last year’s debt default, fugitive billionaire Guo Wengui’s lawsuit against Swiss banking giant UBS clears a legal hurdle, and… Read More>>

Tom Lee KKR

KKR to Acquire Sofitel Sydney Wentworth From Frasers Hospitality Trust for $236M

2021/11/01 by Christopher Caillavet Leave a Comment

KKR’s new head of Australia real estate is already having an impact, as the US private equity giant has struck a deal to buy the landmark Sofitel Sydney Wentworth from Frasers Hospitality Trust for A$315 million ($236.7 million).

Singapore-listed FHT… Read More>>

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