In today’s roundup of regional news headlines, Keppel Corp’s 2022 shareholder return handily outperforms the broader Singapore index, and agency OrangeTee & Tie is hit with a financial penalty over a 2021 data breach. Also in the news, Australia’s Lendlease… Read More>>
Keppel JV Selling Stake in Manila Complex to Sy Family’s BDO for $150M
Singapore’s Keppel Corporation announced Monday that its Philippine subsidiary and a joint venture partner had agreed to sell their half-stake in a metro Manila mixed-use complex for PHP 8 billion ($150 million).
Keppel Philippines Properties and its majority-owned Opon-KE Properties… Read More>>
Brookfield, Digital Realty Kick Off India Data Centre and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, BAM Digital Realty gets to work on its first data centre in India, a project site on Hong Kong’s Lantau Island attracts bids from local heavyweights, and global banks seek to jump-start Chinese… Read More>>
Kwun Tong Plot Pulled After Receiving Single Bid and More Asia Real Estate Headlines
Leading today’s roundup of regional news headlines, Hong Kong records its second land-sale flop of the year after a Kowloon East redevelopment site attracts a lone bid.
URA Withdraws Kwun Tong Land Sale That Drew Only One… Read More>>
Singapore’s Keppel Land Builds Up India Pipeline With $29M Pune Office Buy
The property arm of Singaporean conglomerate Keppel Corp is adding 1.1 million square feet (92,900 square metres) to its India office portfolio with the INR 2.37 billion ($29 million) purchase of a project in the western city of Pune, according… Read More>>
Keppel Enters China’s Senior Living Market With Nanjing Project
Singaporean conglomerate Keppel Corp has ventured into China’s growing senior living market by acquiring a future 400-bed assisted living facility in the eastern city of Nanjing from China Overseas Land & Investment.
Slated for completion in the second half of… Read More>>
Capitaland Development Hires Keppel’s Ben Lee as Head of China
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>>
Keppel JV Buys Stake in Gemdale Shanghai Residential Project for $49M
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 Enters Japan Market with $60M Ginza Office Buy
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>>
Singapore’s 8M Buys Set of Little India Shophouses and More Asia Real Estate Headlines
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>>
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