Asia real estate and outbound investment news
The development division of Singapore’s CapitaLand Group has hired away rival Keppel Land’s chief operating officer to head up its growing China operations.
Ben Lee has been named chief executive officer of CapitaLand Development (China) as of 1 November and… Read More>>
Singaporean conglomerate Keppel Corp has teamed up with a mainland investor to acquire a 20 percent stake in a residential site in Shanghai’s suburban Jiading district from local developer Gemdale for RMB 344 million ($48.7 million).
The acquisition is made… Read More>>
Keppel REIT is entering the Japanese market with a S$85.7 million ($60.5 million) acquisition on the capital’s most famous shopping street, according to an announcement by the manager of the Singapore-listed trust late Friday.
The REIT is set to acquire… Read More>>
In today’s roundup of regional news headlines, a Singaporean property firm acquires a block of shophouses along Jalan Besar, China reportedly instructs state banks to boost funding to the real estate sector, and Blackstone partners with Indian firms on an… Read More>>
Singapore’s Temasek Holdings saw its portfolio hit a record high of S$403 billion ($297 billion) in the year to 31 March, as the sovereign fund re-established the Lion City as its biggest single-country investment location and cut back on its… Read More>>
In today’s roundup of regional news headlines, South Korean investment firm Mirae buys a warehouse in Texas, Singapore’s Wee Hur plans to sell a stake in its student accommodation fund, and the offer price for a Melbourne office complex up… Read More>>
In today’s roundup of regional news headlines, Singapore’s Keppel Corp defends against a land ownership claim by an individual in Indonesia, Guangzhou-based developer R&F seeks an extension on construction of a South Korean casino, and China Vanke’s chairman tells employees… Read More>>
In today’s roundup of regional news headlines, Singapore Press Holdings terminates Keppel’s offer for the publisher’s real estate business in favour of Cuscaden Peak, cash-strapped Evergrande vows to restart construction and home sales, and China’s bad-debt managers move to support… Read More>>
Singaporean conglomerate Keppel Corp has achieved a $1.1 billion final closing of its second data centre fund targeting investments in Asia and Europe, including a $150 million commitment from China’s Asian Infrastructure Investment Bank.
The Beijing-based development bank is contributing… Read More>>
A new year’s wave of job changes continues to roll across the region, with Raffles Infrastructure losing its head in Singapore, Jerde’s APAC boss taking over the architecture firm’s top spot globally and Shui On Land continuing to reshape its… Read More>>
