Leadership moves in Singapore and Indonesia lead this week’s review of personnel changes from around Asia’s real estate world as a Singapore-listed REIT of US properties names a new finance head and a Jardines-controlled developer in Indonesia upgrades its top… Read More>>
Asia Real Estate People in the News 2024-08-05
A senior move at one of the UK’s largest asset managers leads this week’s review of personnel changes around Asia’s real estate world as M&G adds to its Singapore-based team. Also making the list are top-level turnover at financial regulators… Read More>>
Hong Leong, GuocoLand Make Top Bid in SG Land Sale and More Asia Real Estate Headlines
A residential land sale in Singapore drew just two bids as developers tread carefully into a cooling market, with that story leading Mingtiandi’s headline roundup today. Also in the news, Airtrunk opens the first phase of Malaysia data centre and… Read More>>
Lendlease Sues Oceanwide Over LA Project and More Asia Real Estate Headlines
China Oceanwide’s creditors, including Aussie contractor Lendlease, have gone to court to force the sale of the developer’s Los Angeles project, with that news leading today’s roundup. Also making the list, industrial giant Goodman eyes data centre projects with an… Read More>>
Singapore Rejects GuocoLand Consortium’s Bid for Marina South Site as ‘Too Low’
For the first time in 12 years Singapore’s Urban Redevelopment Authority (URA) has declined to award a land plot offered under the government’s land sale programme, brushing aside the sole bid from a GuocoLand-led consortium for a site in the city-state’s… Read More>>
Guoco Midtown Office Project Opens Doors to Tenants in Singapore
GuocoLand has obtained the temporary occupation permit for the office component of its S$2.4 billion ($1.83 billion) Guoco Midtown project, opening the doors for tenants to begin occupying the 30-storey tower in Singapore’s downtown core, the Singapore-listed developer announced Tuesday.
Pair of Sites in Singapore’s Lentor Hills Sold for $543M as Bidding Underwhelms
Two land parcels within the new Lentor Hills estate were auctioned off by Singapore’s Urban Redevelopment Authority on Tuesday, with a consortium led by Chinese-owned United Engineers winning the larger of the two residential development sites with a bid of… Read More>>
CDL, GuocoLand JV Place Top Bids in Singapore’s First Land Sale of 2022
Sites for luxury housing development continued to find favour with developers in Singapore’s first land sale of the year, despite new market restrictions put in place just one month ago, with local development giant CDL besting seven other bidders for… Read More>>
Schroders Takes Over Aussie Real Estate Lender and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, investment manager Schroders acquires a majority stake in Australian lender RF Eclipse, a tender for a land parcel in Hong Kong’s northern New Territories attracts 10 bids, and SGX-listed CapitaLand Integrated Commercial Trust… Read More>>
Evergrande Gets HKEX Nod for Management Spin Off and More Asia Real Estate Headlines
China Evergrande doesn’t seem to have received the bailout from the Guangdong government that it had been looking for, but the mainland developer got a helping hand from the Hong Kong stock exchange last week when it won permission… Read More>>