The offline struggles of China’s biggest e-commerce company lead today’s collection of real estate headlines from around the region, as Alibaba is said to be looking for the exit from a department store bet. Also in the news, Singapore puts… Read More>>
Frasers Property Appoints Group COO, Asia Emerging Markets CEO Amid Stock Slide
Frasers Property has elevated Anthony Boyd, who currently serves as chief executive of the Singapore-listed developer and investor’s Australia business, to the newly created role of group chief operating officer as part of a broader leadership shuffle at both the… Read More>>
Frasers Property Undergoing Strategic Review Following Share Price Slide
Majority shareholders of Frasers Property are studying potential capital raising scenarios across the company’s entire portfolio as part of a holistic strategic review, market sources confirmed to Mingtiandi.
Controlled by Thai billionaire Charoen Sirivadhanabhakdi, the Singapore-listed property developer and investor… Read More>>
Singapore Frasers Sinks to $54M Loss and More Asia Real Estate Headlines
Singapore-listed Frasers Property leads today’s roundup of real estate headlines, as the multinational developer suffered from a change in market values. Also in the news, China’s Country Garden is aiming for a tentative debt restructuring plan by year end and… Read More>>
Developers Outbid Expectations in $1.7B Trio of Singapore Land Sales
Property heavyweights from Singapore, Hong Kong and China dominated the Lion City’s final land sale of 2023 with top bids for a trio of sites amounting to a combined S$2.3 billion ($1.7 billion), led by a stronger-than-expected offer from a… Read More>>
Country Garden Sells Melbourne Project to Frasers After Bond Default
Country Garden Holdings has agreed to sell an unfinished housing project near Melbourne, Australia to Singapore’s Frasers Property, market sources have confirmed to Mingtiandi, with the asset sale emerging during the same week that China’s largest developer formally defaulted on… Read More>>
Mitsui Fudosan Expands Investment in $509M Frasers Project in Sydney
Singapore’s Frasers Property is deepening its Australian tie-up with Mitsui Fudosan, with the Singapore-listed firm announcing that it is expanding its residential joint venture with the Japanese development giant to A$797 million ($509 million) in investment value.
The Aussie arm… Read More>>
Frasers Lands Green Loan for Singapore Tower and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore-based Frasers Property refinances a large loan coming due next month, and Hong Kong investor Eric Chu tries to dump assets in a weak market. Also making the cut are developers on the… Read More>>
Gaw-Owned New York Hotel Dodges Foreclosure and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Hong Kong’s Gaw Capital Partners staves off a foreclosure suit tied to its stilt-supported Manhattan hotel, and ESR wraps up construction of an industrial park in Suzhou.
Gaw’s Standard High… Read More>>
Speaker Bio: Chester Foo Ren Jie of Frasers Hospitality MTD TV Productions
Chester has 15 years of experience in real estate investments, corporate strategy, and business operations. His international experience spans key markets across Asia, Australia, Europe, and the US, encompassing direct and indirect investments in both GP and LP roles. Chester… Read More>>
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