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Jon Tanaka Hines

Jon Tanaka to Lead Hines APAC Business, Ray Lawler Shifts to Americas Role

2024/07/31 by Christopher Caillavet Leave a Comment

Hines is shaking up its regional leadership team, with Japan head Jon Tanaka to oversee the US developer and fund manager’s Asia Pacific business as current APAC boss Ray Lawler returns home to lead activity in the Americas.

Saiko Ishii,… Read More>>

Aaron Lee, Dash Living

Dash Living and BlackRock Team Up to Acquire Tokyo Multi-Family Property

2024/07/30 by Kevin He Leave a Comment

Dash Living has teamed up with US investment management giant BlackRock to acquire an upscale 29-unit multi-family property in Tokyo, as the Asian rental housing provider continues to expand its residential portfolio in Japan amid growing demand for accommodation in… Read More>>

Trent-Iliffe2

Trent Iliffe to Launch New Asia Industrial Venture as ESR Buys Out Logos Founders

2024/07/29 by Christopher Caillavet Leave a Comment

Warehouse giant ESR has acquired the remaining interest in Logos Property held by the Australian developer’s founders, having completed the buyout six months ahead of a scheduled target date.

ESR has concluded deals to acquire the 13.6 percent equity stake… Read More>>

Emperor Group chairman Albert Yeung Sau-shing (Getty Images)

Hong Kong’s Emperor International Offloads Properties to Founder Yeung for $148M

2024/07/25 by Kevin He Leave a Comment

Emperor International, the property development and investment arm of Hong Kong-based conglomerate Emperor Group, has agreed to sell a portfolio of retail, residential and industrial properties across Hong Kong to a vehicle controlled by Emperor Group founder and chairman Albert… Read More>>

David Lau Ka-wau

Centaline Boss Buys Tsim Sha Tsui Hotel at 53% Discount

2024/07/24 by Kevin He Leave a Comment

Hong Kong hotelier David Lau Ka-wai has sold a 63-key boutique hotel in Tsim Sha Tsui for less than half of his original asking price, as investors continue to acquire hospitality assets in the Asian financial centre for conversion to… Read More>>

Robert Kuok

Robert Kuok’s Allgreen Enters Top Bid of $544M for Central Singapore Site

2024/07/19 by Christopher Caillavet Leave a Comment

The Singapore government on Thursday closed tenders for three residential development sites, with a closely watched parcel near Havelock MRT station drawing a top bid of S$730 million ($544.4 million) from billionaire Robert Kuok’s Allgreen Properties.

Known as Zion Road… Read More>>

Quek Leng Chan

GuocoLand, Hong Leong Commit $222M to Development of Northern Singapore Site

2024/07/18 by Christopher Caillavet Leave a Comment

GuocoLand and Hong Leong Holdings have agreed to commit S$298.1 million ($222.5 million) to develop a northern Singapore residential site won by their joint venture earlier this year.

Malaysia’s GuocoLand, a unit of the Hong Kong-listed Guoco Group controlled by… Read More>>

Kwek Leng Beng CDL

Singapore’s First Sponsor Closes $16M Deal to Buy Sydney Heritage Building

2024/07/16 by Christopher Caillavet Leave a Comment

A consortium led by Singapore-listed First Sponsor has completed the acquisition of Sydney’s City Tattersalls Club in a deal valued at A$24.7 million ($16.7 million), paving the way for the downtown property’s redevelopment into a 50-storey residential and hotel project.

… Read More>>

Biel Crystal founder Yeung Kin-man

Mansions on Hong Kong’s Peak Sold to Touchscreen Tycoon for $141M to Repay Gaw Loan

2024/07/11 by Kevin He Leave a Comment

A set of four mansions in Hong Kong’s prestigious Peak area have sold for HK$1.1 billion ($141 million), marking a 50 percent decline from the height of the market in 2021, as even the city’s elite show signs of financial… Read More>>

Yu Liang

Vanke Sells 48% Stake in Shanghai Mall to GIC, Expects Half-Year Loss of Up To $1.2B

2024/07/10 by Kevin He Leave a Comment

China Vanke has sold a 48 percent stake in Shanghai’s largest single-building shopping mall to partner GIC, as the cash-strapped mainland developer continues to sell off assets to ease its RMB 322 billion ($44.5 billion) debt burden.

Online corporate registry… Read More>>

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