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CapitaLand Chairman Ng to Retire as Singapore Giant Rebounds in Q3

2020/11/04 by Christopher Caillavet Leave a Comment

CapitaLand on Tuesday announced the retirement of Ng Kee Choe as chairman, effective at the close of next April’s general meeting, as Southeast Asia’s largest developer highlighted signs of recovery in its third-quarter business update.

Miguel Ko, the deputy chairman,… Read More>>

One Raffles Quay Raffles Place SG

APAC Property Investment Spikes 35% as Institutions Step Up

2020/11/03 by Christopher Caillavet Leave a Comment

Real estate investment in Asia Pacific showed signs of recovery in the third quarter of 2020 as volume shot up 35 percent from the previous three months, supported by the return of institutional investors who had stayed on the sidelines… Read More>>

pan sutong goldin

Hong Kong Court Paves Way for Sale of Goldin’s Kowloon East HQ

2020/10/30 by Michael Cole 2 Comments

Mainland tycoon Pan Sutong has lost his battle for control of his Kowloon East headquarters, as Hong Kong’s High Court today ruled in favour of creditors which had seized the property in July.

The court confirmed that Smart Edge Ltd,… Read More>>

Merlin Swire

Swire in Talks to Sell Cityplaza One in Hong Kong

2020/10/28 by Michael Cole Leave a Comment

Just over one week after its airline division cut 6,000 workers, the property development business of Hong Kong’s Swire Group says it is in talks to dispose of an office building on Hong Kong island.

Swire Properties announced to the… Read More>>

ravi menon mas

Singapore Ready to Remove Manager of Hotel REIT After Legal Breaches

2020/10/27 by Michael Cole Leave a Comment

The Monetary Authority of Singapore has seen enough of the ongoing saga of Eagle Hospitality Trust, with the country’s central bank saying on Monday that it aims to remove the manager of the hotel REIT.

In an announcement on its… Read More>>

david chan ping chi

Hong Kong Tycoon Sells Floor in the Center for $126.5M as Downturn Drags On

2020/10/25 by Michael Cole Leave a Comment

With tenants continuing to hand back offices in Hong Kong’s traditional business district, a local tycoon has sold off a floor in the Center on Queen’s Road after marketing the commercial asset for two years, according to market sources.

David… Read More>>

alex jeffrey

Savills IM Reaches $200M First Close on Japan Residential Fund

2020/10/21 by Michael Cole Leave a Comment

Savills Investment Management has become the latest fund manager to bet on Japan’s multi-family sector this year with the announcement of a $200 million financing round today.

The investment management affiliate of London-based Savills raised the cash to reach a… Read More>>

Irfan Razack

Blackstone Signs Deal to Buy $1.6B in India Commercial Properties

2020/10/18 by Michael Cole 1 Comment

Less than half of a year after launching its second India REIT IPO, Blackstone could be heading for another trip to the bourse, as the US private equity giant signs a preliminary deal to purchase $1.6 billion in commercial property… Read More>>

pan sutong tb

Goldin Names Purported Buyer of Kowloon HQ as Bankruptcy Looms

2020/10/17 by Michael Cole Leave a Comment

Goldin Financial Holdings released a flurry of announcements late Friday, including the terms of a provisional agreement for a record-breaking sale of its Kowloon East headquarters, as the Hong Kong-listed firm faces end of the month court rulings that could… Read More>>

kent yang SLP

GLP Launches Vietnam JV with Trio of Warehouse Projects

2020/10/15 by Michael Cole Leave a Comment

Asia’s largest warehouse builder has become the latest industrial player to bet on Vietnam as GLP today announced its acquisition of a trio of projects in the Southeast Asian nation.

In a statement together with SEA Logistic Partners, a Ho… Read More>>

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