GuocoLand’s group chief financial officer Gregory Sim Chee Wah has stepped down after a year and a half of service to pursue personal endeavors, the Singapore-listed developer announced Wednesday, with the departure coming half a year after the developer named… Read More>>
Asia Real Estate People in the News 2021-11-01
Board moves at top developers lead Mingtiandi’s collection of real estate personnel updates from around the region this week, as Singapore-listed Guocoland names a new independent director and the Hong Kong-listed branch of China Poly Real Estate introduces a new… Read More>>
CDL Said Selling Seoul Hotel to IGIS for $849M and More Asia Real Estate Headlines
Distress leads the news today with reports from Korea and mainland China showing signs of tough financial times for real estate firms, including Singapore’s CDL selling a Seoul luxury hotel after suffering a disastrous 2020.
Also, a fresh set of… Read More>>
GuocoLand Net Profit Up 48% and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore-listed developer GuocoLand posts a profit jump despite falling revenue, Sydney-based data centre operator AirTrunk opens its Japan headquarters, and Hong Kong home prices near a record high after rising for a seventh… Read More>>
POBA Commits $95M to AXA IM Life Science Fund and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, South Korea’s biggest pension fund is revealed as an investor in AXA’s life science property fund, Singapore-listed Prime US REIT secures a loan to finance a recent Florida acquisition, and Hong Kong developer… Read More>>
Keppel Selling Chengdu Project to Vanke for $239M and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Keppel Land exits a residential development project in China, PropertyGuru says it may consider a future Asian listing after it goes public in New York, and electric car maker Tesla leases a… Read More>>
GuocoLand Bids $576M for Singapore Site as Housing Market Rises
A pair of Singapore residential sites attracted competitive bidding from developers late last week as the city-state’s housing market continues to benefit from investor confidence, as shown by rising home prices and recovering sales volumes in Southeast Asia’s most expensive… Read More>>
Asia Real Estate People in the News 2021-04-17
A top level moved at one of Southeast Asia’s largest developers leads this week’s collection of personnel changes around the region, as Cheng Hsing Yao takes over the controls at GuocoLand. There’s also been a board-level departure at a Beijing… Read More>>
Blackstone Wins $500M From Korea’s NPS and More Asia Real Estate Headlines
Blackstone is back in the news today as a story about the US private equity giant winning a $500 million investment from Korea’s National Pension Service leads today’s collection of headlines from around the region.
Also in… Read More>>
Blackstone Favouring Sale of Aussie Logistics Portfolio and More Asia Real Estate Headlines
In our latest roundup of regional news headlines, Blackstone reportedly sours on the idea of an IPO for its Australian logistics portfolio, a managed accommodation provider in India nears a deal to raise $120 million in funding, and new-home prices… Read More>>
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