Goldman Sachs expects Hong Kong’s residential property prices to recover in 2025 after hitting bottom this year, with that story leading today’s headline roundup. Also in the news, the UK’s Coller Capital leases a partial floor in The Henderson in… Read More>>
Keppel DC REIT Posts 8% Drop in Annual DPU as Finance Costs Jump 56%
Singapore-listed Keppel DC REIT’s distributions per unit sank 16.1 percent year-on-year in the second half of 2023, dragging full-year DPU to a decline of 8.1 percent, as the data centre trust wrestled with higher finance costs and a difficult tenant… Read More>>
Evergrande Selling Stake in Shanghai Project and More Asia Real Estate Headlines
China Evergrande again leads our roundup of real estate headlines from around Asia, with the troubled developer selling off its stake in a Shanghai project at a loss. Also in the news, Chinese authorities are rolling back restrictions on home… Read More>>
Singapore’s Wing Tai Buys Melbourne Site and More Asia Real Estate Headlines
Wing Tai Holdings leads our roundup of real estate headlines today as the Singaporean developer announces the acquisition of a Melbourne site. Making the list from farther north is Queensland’s QIC, which is expanding its Asia presence with a Singapore… Read More>>
Asia Real Estate People in the News 2023-09-04
A board change at Singapore’s ESR-Logos REIT leads this week’s set of personnel moves from Asia’s property industry, with a major Indian commercial developer also naming new leadership. Other additions to the list come from defaulting developer Ronshine China and… Read More>>
Keppel DC REIT Reports Flat H1 DPU as Guangdong Data Centres Offset Higher Costs
Keppel DC REIT’s first-half distribution per unit was nearly flat compared with year-earlier levels, as the Singapore-listed data centre trust reported higher income but steeper finance and electricity costs.
DPU stood at S$0.05051 for the first six months of the… Read More>>
Anthea Lee Exiting Keppel DC REIT as Manager Names Loh Hwee Long New CEO
The manager of Keppel DC REIT has announced the appointment of Loh Hwee Long as CEO of the Singapore-listed data centre trust to succeed departing chief Anthea Lee.
Loh, who currently serves as chief investment officer of Keppel Data Centres,… Read More>>
Asia Real Estate People in the News 2022-11-07
A set of Singapore moves dominates this week’s list of human resources updates from Asia’s real estate community, led by Keppel DC REIT naming a new independent director, and PAG adding a managing director to its team in the city…. Read More>>
Keppel DC REIT Acquisitions Boost Distributions and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore-listed Keppel DC REIT reports 2.5 percent year-on-year growth in its distribution per unit for the first half of 2022, as Mapletree Industrial Trust posts a 4.2 percent boost and CapitaLand China Trust… Read More>>
Keppel DC REIT Buying Pair of Guangdong Data Centres for $210M
Keppel DC REIT is buying a pair of data centres in Guangdong province for RMB 1.38 billion ($210 million) from Hong Kong-listed data centre operator Neo Telemedia, expanding its footprint in one of China’s major technology hubs.
The manager of… Read More>>