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ESR Australia chief executive Philip Pearce

ESR Expands Leadership Team, Hones Focus After $7B Privatisation

2025/07/04 by Michael Cole Leave a Comment

Following a $7 billion privatisation, real estate fund manager and developer ESR started a new phase in its history on Friday as a private company after the company’s shares stopped trading on the Hong Kong exchange last month.

With the… Read More>>

Liam Wee Sin, Group Chief Executive of UOL

Court Clears UOL, CapitaLand to Complete $637M Purchase of Singapore Condo Complex

2025/07/01 by Christopher Caillavet Leave a Comment

A joint venture of UOL and CapitaLand Development is a step closer to the collective purchase of a Singapore condo complex for S$810 million ($637.4 million) after the city-state’s High Court granted a sale order on Tuesday.

The collective sale… Read More>>

Adrian Cheng, CEO and executive vice-chairman of New World Development

New World Wins $11B Refinancing Deal as Adrian Cheng Steps Down From Board

2025/07/01 by Christopher Caillavet Leave a Comment

Hong Kong’s New World Development on Monday announced the successful refinancing of HK$88.2 billion ($11.2 billion) in offshore debt, as well as the resignation of third-generation scion and former CEO Adrian Cheng from the family-controlled builder’s board of directors.

New… Read More>>

Soon Su Lin

Frasers JV With Sekisui House, CSCEC Places $385M Top Bid for Western Singapore Site

2025/06/26 by Christopher Caillavet Leave a Comment

A consortium of Frasers Property, Japanese builder Sekisui House and China’s state-owned CSCEC bested eight rival offers to enter the top bid of S$491.5 million ($385.4 million) for a western Singapore residential site, according to the Urban Redevelopment Authority.

The… Read More>>

Lowell_Baron

Brookfield Selling Aussie Senior Housing to The Living Company for $2.5B in Record Deal

2025/06/26 by Michael Cole Leave a Comment

Brookfield Asset Management has signed Australia’s biggest direct real estate deal ever, agreeing to sell senior living operator Aveo to the parent company of student housing specialist Scape for A$3.85 billion ($2.5 billion), according to a statement by the New… Read More>>

Jon Paul Toppino

$4B PAG Vehicle Ranked Second Among Q1 Real Estate Fund Closings Globally

2025/06/25 by Christopher Caillavet Leave a Comment

Despite funds targeting Asia Pacific markets accounting for just 20 of the 111 real estate investment vehicles closed in the first quarter of 2025, a strategy by Hong Kong- and Tokyo-based PAG ranked second globally in terms of capital wrapped… Read More>>

Praveen Choudhary of Morgan Stanley

Morgan Stanley Flags Signs of Hong Kong Housing Turnaround

2025/06/19 by Christopher Caillavet Leave a Comment

With Hong Kong home prices down 30 percent from their peak seven years ago, several drivers are pointing to a bottoming in the finance hub’s residential market, according to Morgan Stanley’s head of Hong Kong real estate research.

Indicators include… Read More>>

PGIM Steve Bulloch

PGIM JV Buying Melbourne Mall From QIC for $286M as Aussie Bets Continue

2025/06/18 by Christopher Caillavet Leave a Comment

PGIM Real Estate has partnered with Australia’s Assembly Funds Management to acquire a Melbourne mall from Queensland Investment Corporation for A$440 million ($286 million), the latest in a series of Down Under buys for the US property player.

Woodgrove Shopping… Read More>>

Hoi Hup chairman Wong Swee Chun

Singapore’s Hoi Hup Wins Approval for Central London Office Complex

2025/06/18 by Christopher Caillavet Leave a Comment

Singapore-based Hoi Hup Realty has won approval for an office-led redevelopment aiming to deliver 370,000 square feet (34,374 square metres) of workspace near the City of London.

The City of London Corporation granted planning consent for the project comprising three… Read More>>

South City Mall in Kolkata

Blackstone Buys Kolkata Mall From Developer South City for $377M

2025/06/17 by Christopher Caillavet Leave a Comment

Private equity titan Blackstone has acquired a Kolkata mall for INR 32.5 billion ($376.8 million), as one of India’s most committed inbound investors continues to expand its retail holdings in the world’s most populous country.

South City Mall provides more… Read More>>

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