Leading today’s news roundup, Chinese conglomerate Fosun International and its JV partner in New York have landed a construction loan for a 66-storey luxury condo tower they are building a few blocks away from the Empire State Building. Also in… Read More>>
Christina Tan Takes Over as Chair of Keppel Data Centre REIT
The manager of Keppel DC REIT, which owns more than one million square feet of data centre space, has appointed Christina Tan as chairman of the board of directors of the Singapore-listed trust, effective Wednesday.
The new role comes in… Read More>>
CDL China Sells Stake in Chongqing Projects to Vanke and More Asia Real Estate Headlines
In today’s news, Singapore’s CDL is selling off stakes in two of its western China residential projects to Vanke, while 37 developers, including China’s HNA Group, have submitted bids for a site on southern Hong Kong island. Speaking of HNA,… Read More>>
Keppel Land Sells Zhongshan Yacht Club Project for RMB 2.9B
Keppel Land China has announced its RMB 2.9 billion ($440 million) sale of Keppel China Marina Holdings in Guangdong province as the unit of Temasek Holdings-backed Keppel Corp, seeks to “recycle assets” into China’s largest cities.
“The divestment is in… Read More>>
Mainland Projects Set to Dominate Swire Portfolio and More Asia Real Estate Headlines
At the top of today’s news, one of Hong Kong’s best known developers is fast becoming a mainland builder, as Swire gets ready to open the second phase of its HKRI Taikoo project in Shanghai. Also in the news, Hong… Read More>>
Keppel Wins Approval to List $500M US Office REIT in Singapore
Keppel Corporation announced on Friday that it has received approval from the Singapore stock exchange for a proposed listing of a new real estate investment trust (REIT), composed of $820 million in US office assets.
The Singaporean conglomerate, which already… Read More>>
Keppel Land CEO Resigns, Group Chairman Takes Helm
Keppel Corporation, one of Singapore’s largest conglomerates, today announced the departure of the CEO of its property subsidiary, Keppel Land, with no permanent successor in place to run the developer of landmark projects across Singapore, mainland China, Vietnam and other… Read More>>
Donald Trump Puts a Scare into Manila Office Market and More Asia Real Estate Headlines
Donald Trump rode into office promising to shake things up and the new US president’s economic powers may have already hit the Philippines, or at least he’s having an impact on the island nation’s rebounding office market. Elsewhere in southeast… Read More>>
Jesline Goh to Take Over as CEO of Keppel REIT
Perennial Real Estate Holdings and CapitaLand veteran Jesline Goh has been appointed as CEO of Keppel REIT Management Limited, according to an announcement this week by the Singapore-based real estate investment firm.
Goh will take over the top slot at… Read More>>
Shenzhen Bans Sale of 6 SQM Apartments After Online Uproar and More Asia Real Estate Headlines
Leading today’s Asia real estate news, authorities in Shenzhen have stepped in to stop the sale of a group of illegal micro-flats as the southern Chinese city’s housing market continues to hyperventilate. All this housing enthusiasm has proved profitable for… Read More>>