The appeal of Singapore industrial assets with long land leases leads today’s headline roundup today, with a unit of China’s HNA Group teaming up with a pair of companies led by natives of the Chinese port city of Wenzhou to… Read More>>
KKR Sees Japan Corporates Shedding $2.8T in Assets and More APAC Real Estate Headlines
Big plans for Japan lead today’s look at real estate headlines from around Asia Pacific as a KKR investment manager looks forward to large scale asset sales by corporations in Asia’s second-largest economy. Also making the list today is a… Read More>>
Hongkong Land Posts $458M Underlying Profit as Smith Calls 2025 ‘Landmark Year’
Hongkong Land reported a full-year underlying profit of $458 million, down 8 percent from a year earlier, even as the Jardine Matheson-controlled developer declared 2025 a turning point in its transformation into an Asia-focused real estate investment manager.
The decline… Read More>>
Mandarin Oriental Shareholders Approve $4.2B Buyout by Jardines
Mandarin Oriental shareholders have overwhelmingly approved a proposal for Jardine Matheson to acquire the remaining 11.96 percent of equity in the luxury hotel operator not yet owned by the parent group.
The vote took place Monday and clears the way… Read More>>
Jardine Matheson Sees Stable Full-Year Results as PAG’s Pan Prepares to Take Helm
Jardine Matheson’s third-quarter portfolio performance was in line with the group’s expectations, according to a management statement released late last week, as the Hong Kong-based conglomerate continues to chart its evolution from an owner-operator to a long-term investor in the… Read More>>
Hongkong Land Q3 Underlying Profit Drops 13% as Central Contribution Dips
Hongkong Land reported a 13 percent year-on-year drop in third-quarter underlying profit on lower contributions from the builder’s Central-based hometown office portfolio.
The declining results for its Central office holdings, a set of 12 interconnected commercial buildings at the heart… Read More>>
Jardine Matheson’s Astra Buys Indonesian Shed Builder MMP in $202M Deal
Indonesia’s Astra Property, the real estate division of Jardine Matheson’s Astra conglomerate, has acquired a 83.67 percent stake in warehouse specialist Mega Manunggal Property for IDR 3.35 trillion ($202 million).
The transaction values MMP at $241 million on an equity… Read More>>
Alibaba in Talks to Buy Top Half of Mandarin Oriental Causeway Bay Tower for $900M
Alibaba Group is in talks to buy the top 13 floors of the Mandarin Oriental Hotel Group’s soon to be completed Causeway Bay commercial tower in a HK$7 billion ($900 million) deal which would rank as Hong Kong’s largest of… Read More>>
Hongkong Land Swings to $221M H1 Profit as Central Portfolio Value Stabilises
Hongkong Land reported a first-half attributable profit of $221 million, reversing a year-earlier loss of $833 million, as the valuation of the builder’s Central-based hometown office portfolio stabilised for the first time since rents began to decline in 2019.
The… Read More>>
Asia Real Estate People in the News 2025-06-02
Personnel moves in Hong Kong, Singapore and Tokyo lead this week’s review of job changes from across Asia’s real estate industry, with Jardine Matheson taking further turn toward a fund manager identity, Singapore’s Keppel installing a banker in a senior… Read More>>