Warehouse properties in Vietnam have gained fresh appeal with investors across emerging markets in Asia, benefiting from an e-commerce… Read More>>
CK Asset Director Joins Goldin Board as Vice Chair of Troubled HK Developer
A top strategist from Li Ka-shing’s CK Asset has joined the board of defaulting developer Goldin Financial Holdings as rumours fly of buyouts and restructuring in Hong Kong’s real estate world.
Gerald Ma Lai-chee, an executive with 24 years of… Read More>>
Fragrance Group Puts Singapore Office Tower Up for Sale at S$715M
Singapore-based property developer Fragrance Group has put its 29-storey office tower on the edge of Singapore’s downtown core for sale at an indicative price of S$715 million ($514.8 million), adding to signs commercial property deals are picking up in the… Read More>>
Troubled Shipping Firm Puts Singapore Office Building on the Block for S$350M
Financially troubled Pacific International Lines, Singapore’s largest container shipping company, has put its office building near the city’s Raffles Place central business district on the market for an indicative price of S$350 million ($252 million), a source familiar with the… Read More>>
Frasers Sells Half of S$1.1B Mall to Thai Cousin at Mark-Up Amid Retail Slump
Despite slumping retail sales, a division of tycoon Charoen Sirivadhanabhakdi’s TCC Group has agreed to purchase a 50 percent stake in a suburban Singapore shopping centre from Frasers Property, the SGX-listed developer controlled by the Thai billionaire.
TCC Prosperity’s purchase… Read More>>
Investors Boost APAC Logistics Deals Amid E-Commerce Boom APAC Logistics Forum 2020
Institutional investors are rapidly increasing their investments into logistics properties as the e-commerce boom bolsters demand for warehouse space… Read More>>
CFO of HK-Listed Developer Out After Lewd Taxi Encounter Goes Viral
The chief financial officer of a Guangzhou-based developer who was caught enjoying a quickie in the back of a Hong Kong taxi was given a hasty exit from his role after a video of the former Goldman Sachs executive and… Read More>>
HK$40B Site on Victoria Harbour Could Reshape Hong Kong’s Central
Amid market uncertainty and sliding property values, Hong Kong is putting up for sale an iconic commercial site in the city’s busiest district, according to a recent announcement by the city government.
The 4.76 hectare (512,362 square foot) waterfront plot,… Read More>>
Pair of Singapore REIT Probes Fail to Shake Investor Confidence
Investigations have been launched into trust managers or executives involved in the management of two Singapore-listed real estate investment trusts, or S-REITs, since the beginning of June, but investors appear unperturbed by the government intervention or by the possibility of… Read More>>
Singapore’s TE Capital, Roxy-Pacific Buy Melbourne Office Tower for A$145M
TE Capital Partners, the investment arm of Singaporean developer Tong Eng Group, said it has partnered with Singapore-listed builder Roxy-Pacific Holdings to buy an office building in Melbourne’s central business district for A$145 million ($101 million).
“We are confident in… Read More>>
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