In today’s roundup of regional news headlines, Australia’s Lendlease enters a joint venture for a Sydney residential tower even as the group’s new CEO warns on earnings, while in Hong Kong a New Territories residential site goes for a higher-than-expected… Read More>>
Lendlease REIT Investing $255M to Boost Stake in Singapore Commercial Complex
SGX-listed Lendlease Global Commercial REIT has agreed to pay S$337.3 million ($254.7 million) to boost its slice of a western Singapore mixed-use development, following a recent fundraising.
LREIT’s second major investment since its 2019 IPO will see the real estate… Read More>>
ESR-REIT Shares Tank on Asset Acquisition Plans and More Asia Real Estate Headlines
In our latest roundup of regional news headlines, Singapore-listed ESR-REIT’s share price takes a hit after some recently announced financial plans, and Shenzhen surges past world capitals in the league table of luxury home prices.
South Korean… Read More>>
Lendlease Promotes Justin Gabbani to Asia CEO, Names New Global HR Head
Australia’s Lendlease has filled out the succession picture for its top job in Asia, elevating a longtime company finance exec, and reaching into big four accounting firms to find new leadership for its talent efforts.
The real estate group announced… Read More>>
Lendlease JV Buys Redevelopment Site in SG’s Paya Lebar for $111.5M
A joint venture backed by Australian property firm Lendlease has agreed to purchase a pair of ageing buildings in Singapore’s rapidly evolving Paya Lebar area for S$150 million ($111.5 million), with plans to build a sustainable commercial project on the… Read More>>
Asia Real Estate People in the News 2021-03-22
Mingtiandi’s collection of people moves this week has a high tech tinge, as a newly launched data centre developer introduces a Morgan Stanley veteran as its new CFO, the former head of JLL’s eastern China operation joints a managed-office startup… Read More>>
Lendlease Taps Asia Head Tony Lombardo to Succeed Group CEO Steve McCann
Australian real estate group Lendlease is looking to Asia for its future, as the ASX-listed firm on Thursday announced that Tony Lombardo would become its new group chief executive from 31 May.
Lombardo, who is currently based in Singapore as… Read More>>
K Wah $1.55B Nanjing Project Headlines E China Surge and More Asia Real Estate Headlines
In our latest roundup of regional news headlines, Hong Kong’s K Wah spearheads a development surge in the Yangtze River Delta, a Singapore logistics trust becomes the latest recipient of green financing, and the board of India’s Embassy Office Parks… Read More>>
Asia Real Estate People in the News 2021-01-11
As 2021 enters its second full week, there is an upswing in real estate industry leaders checking in from new work locations, as Blackstone brings on board a top level political veteran to advise its Japanese operation.
CDL Appoints Deloitte to Evaluate Sincere Property Deal and More Asia Real Estate Headlines
In today’s instalment of Mingtiandi’s regional roundup, Singapore’ CDL has appointed Deloitte as an external financial advisor to evaluate its investment in a mainland property developer after a veteran board member and cousin of founder Kwek Leng Beng resigned over… Read More>>
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