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Dash on Prat

Hines Opens Tsim Sha Tsui Project as First Hong Kong Rental Residential Venture

2023/03/19 by Beatrice Laforga Leave a Comment

Hines on Friday announced the official opening of its first-ever rental apartment complex in Hong Kong as the US developer continues to expand its bets on multi-family residential in Asia Pacific.

Dash on Prat, an 18-storey co-living facility in the… Read More>>

Nicholas Chua_Ho Bee Land

Singapore’s Ho Bee Land Sells Industrial Assets After Rise in Current Liabilities

2023/03/15 by Beatrice Laforga Leave a Comment

Just over a year after buying a landmark office building in London for £718 million (then $972 million), Singapore’s Ho Bee Land is selling off assets in its home market with the stock exchange having recently queried the developer over… Read More>>

Jalan Tembusu Singapore

Singapore Releases New Residential Sites as Housing Market Stays Hot

2023/03/14 by Christopher Caillavet Leave a Comment

The Singapore government on Tuesday released two residential development sites capable of delivering a total of 1,540 private homes, as officials look to boost housing supply in a city-state reeling from runaway housing prices.

In a set of coordinated moves,… Read More>>

Alysia Reilly of Hines

Hines Buys Queensland Cold Storage Property for APAC Flagship Fund

2023/03/03 by Christopher Caillavet Leave a Comment

US developer and investment manager Hines has acquired a cold storage property in Queensland on behalf of its flagship Asia Pacific fund, marking the vehicle’s second acquisition in the northeast Australian state and seventh industrial asset overall in the country.

… Read More>>

Blake Hutcheson OMERS

Canadian Pension Giant OMERS Earned 13.6% Return on Real Estate in 2022

2023/03/02 by Christopher Caillavet Leave a Comment

OMERS, the largest pension fund manager in Ontario, generated an investment return of 4.2 percent net of expenses last year, with double digit returns on its real estate and private equity bets compensating for shortfalls in other sectors.

The parent… Read More>>

Mr Kelvin Lim, Executive Chairman and Group Managing Director of LHN Limited

LHN Launches Flagship Co-Living Complex Along Singapore’s Orchard Road

2023/02/28 by Beatrice Laforga Leave a Comment

Coliwoo has launched a 411-unit shared accommodation facility near the city-state’s swanky Orchard Road, as the co-living unit of Singapore-listed LHN Group continues its expansion streak after Singapore residential rents jumped by nearly a third over the past 12 months.

… Read More>>

Rushabh Desai, CEO, Varsity Group Asia Pacific

Rush Desai Teams With Scape Founders to Establish Fund Manager Varsity Group Asia

2023/02/24 by Christopher Caillavet Leave a Comment

Rushabh Desai, former Asia Pacific CEO of Allianz Real Estate, has joined forces with Stephen Gaitanos and Craig Carracher, the co-founders of rental housing developer Scape Australia, to launch Varsity Group Asia, a fund management business targeting high-growth alternative real… Read More>>

truong-my-lan-dspl

Vietnam-Linked Eric Chu Sells Quarry Bay Site at 36% Off Following Wife’s Arrest

2023/02/22 by Beatrice Laforga Leave a Comment

A few months after the fraud arrest of his wife in Ho Chi Minh City, local businessman Eric Chu Nap-Kee has sold a commercial and residential site on Hong Kong island at the heavily discounted price of HK$435 million ($55.46… Read More>>

Orchard Towers

Singapore’s Orchard Towers Fails to Sell at $1.2B Price Tag

2023/02/21 by Greg Isaacson Leave a Comment

Singaporean real estate firm Hiap Hoe announced that the attempted collective sale of Orchard Towers has failed, a year after owners of units in the notorious entertainment and office complex put the property on the market with a reserve price… Read More>>

Steve Hyunsuk Oh, CEO of Igis Asia

IGIS Asia Raising Total of $630M for Life Science Ventures

2023/02/16 by Greg Isaacson Leave a Comment

IGIS Asia Investment Management, the Singapore-based investment arm of South Korea’s IGIS Asset Management, has teamed up with a leading Korean biopharmaceuticals group to launch a new platform for life science real estate investments across Asia Pacific.

The venture, which… Read More>>

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