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Sime Darby Property managing director, Dato’ Azmir Merican

Logos Kicks Off Logistics JV With Malaysia’s Sime Darby Property With $200M Fund

2021/09/29 by Christopher Caillavet Leave a Comment

Industrial developer Logos continues to find fertile ground for expansion in Malaysia, where the Australian firm has teamed up with a unit of local conglomerate Sime Darby on a fund management platform for developing and investing in “build-to-suit to lease… Read More>>

Joseph Lau Xu Jiayin

Longtime Evergrande Backer Chinese Estates Dumps Shares at Loss, Eyes Full Exit

2021/09/24 by Christopher Caillavet 1 Comment

China Evergrande Group received a fresh gut-punch from a steadfast investor on Thursday, with Hong Kong property firm Chinese Estates revealing that it had dumped 13 percent of its shareholding in the embattled developer at an eye-watering loss and was… Read More>>

bod-Datuk-Tan-Kim-Leong

IOI Properties Makes Sole Bid of $1.1B for Marina View Site in Singapore

2021/09/22 by Christopher Caillavet Leave a Comment

Malaysian developer IOI Properties Group emerged as the sole bidder for a development site near Singapore’s Marina Bay at a government land sale tender that closed Tuesday.

For the Marina View “white site”, which can serve a range of uses… Read More>>

Yang Guoqiang Country Garden

R&F Owners Sell Property Management Unit to Country Garden in $1.3B Deal

2021/09/21 by Michael Cole Leave a Comment

Under pressure from the slow-motion collapse of competitor China Evergrande and needing to pay off RMB 12 billion ($1.86 billion) in capital market debt in the next 12 months, the controlling shareholders of Guangzhou R&F Properties worked out a pair… Read More>>

irene lee hysan

CK Asset Selling Commercial Tower in Shanghai’s Jing An District to Hysan for $540M

2021/09/19 by Christopher Caillavet Leave a Comment

Hysan Development will make its second foray into mainland China after agreeing to acquire a 24-storey commercial building in Shanghai’s Jing An district from CK Asset Holdings for RMB 3.5 billion ($540 million).

HKEX-listed Hysan plans to buy the recently… Read More>>

Josephine Yip Ivanhoe

Ivanhoe Cambridge Hires Keppel Vet in Expansion of Singapore, Shanghai Teams

2021/09/15 by Christopher Caillavet Leave a Comment

Just a few months after one of its top Asia Pacific leaders relocated from Hong Kong to Singapore, Ivanhoe Cambridge is welcoming three new faces to its Lion City office.

Headlining the new hires is Josephine Yip, who joined the… Read More>>

Stephen-Tang-ARA-Asset-Management-Limited-

ARA Selling 61 Robinson Road in Downtown Singapore for $314.5M

2021/09/14 by Michael Cole Leave a Comment

ARA Asset Management has found a buyer for 61 Robinson Road just over 19 months after acquiring the office building in Singapore’s downtown core, according to a representative of the property fund manager, which expects to soon complete renovation of… Read More>>

sherman kwek CDL

CDL Sells Stake in China’s Sincere for $1, Takes Over Shenzhen Tech Park

2021/09/11 by Michael Cole Leave a Comment

After investing $1.4 billion in Sincere Property Group (协信远创) over the past 17 months, City Developments Ltd has agreed to sell its majority stake in the Chongqing-based developer for $1.00 as it writes off the mainland joint venture.

“The consideration… Read More>>

Soho China Zhang Xin

Blackstone’s $3B Soho Buyout Fizzles After Failing to Win China Regulatory Approval

2021/09/11 by Michael Cole Leave a Comment

Even the world’s largest real estate fund manager is finding business in China a bit tougher this year, as Blackstone announced on Friday that its $3 billion buyout of developer Soho China had been cancelled after failing to win approval… Read More>>

Yip's Chemical chairman Tony Ip Chi Shing

Blackstone Buys Industrial Building in Hong Kong’s New Territories for $36M

2021/09/07 by Pawara Laothamatas Leave a Comment

Following a path to a town near Hong Kong’s border with Shenzhen which has already welcomed traffic from some of the region’s biggest fund managers this year, Blackstone has acquired a six-storey building in Hong Kong’s Fanling area for HK$282.6… Read More>>

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