A disgraced Chinese insurer leads the way in our roundup of Asia real estate news today as the company’s administrators field offers of up to $5.8 billion for its set of US luxury hotels.
While that mainland investor winds up… Read More>>
Frasers Property Appoints Hua Tiong Lim as Vietnam CEO
Frasers Property Limited has appointed Hua Tiong Lim as chief executive officer of its Vietnam subsidiary, according to an announcement by the Singapore-listed developer.
The former China Fortune Land Development International executive will lead Frasers Property Vietnam’s operations in the… Read More>>
GIC, COFCO Said Piloting Mainland REIT and More Asia Real Estate Headlines
The launch of India’s first REIT last month may have served as a wake up call for Chinese regulators, who have been millimetring toward listed property trusts for more than a decade, but now seem ready to launch a pilot… Read More>>
Singapore’s Frasers Appoints Former PGIM Exec to Run FCT Retail REIT
The manager of Frasers Centrepoint Trust has chosen a new boss for the retail focused REIT, a move which may strengthen a bridge between the empire of Thai-Chinese tycoon Charoen Sirivadhanabhakdi and one of its recent acquisition targets.
Frasers Centrepoint… Read More>>
Frasers Property in Talks for Sale of SG’s Frasers Tower and More Asia Real Estate Headlines
A mysterious suitor, or group of suitors leads Asia’s real estate headlines today as they kick the tires on Frasers Tower in Singapore’s Tanjong Pagar area. The Lion City also figures into the sale of a 3.8 percent stake in… Read More>>
Wing Tai Awarded Singapore Site for S$492M and More Asia Real Estate Headlines
With mainland China and Hong Kong taking a break to honour the dear departed on Friday, stories from Singapore and Australia push their way to the top of Asia’s real estate news. In the Lion City, the government has chosen… Read More>>
Warburg Pincus Said Selling Down VN Retail Stake and More Asia Real Estate Headlines
Vietnam, Los Angeles, and Shanghai all make a showing in today’s top real estate news from Asia with an account of a top US private equity firm looking to cash in on a Vietnam retail property leading the list.
In… Read More>>
Frasers Group Paying S$635M to Boost Stake in PGIM SE Asia Retail Fund to 67%
Frasers Property Ltd and Frasers Centrepoint Trust, a REIT managed by a unit of the Singapore-listed developer, are together acquiring an additional 31.66 percent stake in a PGIM retail real estate fund that owns a set of suburban Singaporean malls,… Read More>>
Singapore Condo Owners Try Again for Collective Sales and More Asia Real Estate Headlines
Sales of new condos continue to slide in Singapore, but home owners in a pair of major projects in the city-state are still trying for collective sales of their homes, with one complex making its fifth attempt to find a… Read More>>
Frasers Property Buys Stake in PGIM SE Asia Retail Fund for S$356M
Frasers Property announced on Monday that it has agreed to acquire a 17.8 percent stake in a retail real estate fund managed by UK real estate investment manager PGIM for S$356.4 million ($262.7 million).
The deal would give Frasers, which… Read More>>
