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>>
Mitsubishi’s Torch Tower to Become Tokyo’s Tallest Building and More Asia Real Estate Headlines
A pair of project invested by Japan’s Mitsubishi Estate lead today’s collection of real estate headlines from around Asia, as the property division of one of the country’s largest conglomerates unveils the design for Tokyo’s tallest tower at the… Read More>>
Tencent to Open SE Asia Regional Hub in Singapore and More Asia Real Estate Headlines
WeChat has already become a point of controversy in India and the US, but that hasn’t dissuaded the messaging app’s parent firm, Tencent from plotting regional expansion, with the Shenzhen-based tech giant announcing plans this week for a new regional… Read More>>
Changi Chairman Steps Down in Maid Abuse Scandal and More Asia Real Estate Headlines
A modern rendition of Shakespeare in Singapore reached a new stage this week when a prince of the Temasek realm finally relinquished his titles as an investigation progresses into possible false theft complaints against a domestic servant, with both Changi… Read More>>
Mirae Named Preferred Buyer for 3 US Warehouses and More Asia Real Estate Headlines
Korean investors lead Asia’s real estate headlines again today as Mirae Asset Global Investments puts more of its cash into the US with Texas warehouse buy.
Also in the news, China state-owned developer Poly Global is losing some enthusiasm for… Read More>>
Lendlease Picks Former CapitaLand Exec as Investment MD in Singapore
Gan Chong Min has joined Lendlease as managing director of investment management for Asia, as the Aussie property giant makes its third senior appointment in the region in as many months.
Gan has joined the ASX-listed company’s Singapore leadership team… Read More>>
Lendlease Hires Ikea Mall Veteran to Lead China Expansion
Lendlease has hired former Ikea executive Hui Ding as its new managing director for China, reporting to Asia CEO Tony Lombardo, according to an announcement by the Australian property giant.
The ASX-listed developer said that Hui, who is based in… Read More>>
Lendlease Picks Global Switch Vet to Lead $1B APAC Data Centre Push
Australian property giant Lendlease has hired former Global Switch managing director Sam Lee to head up its data centre platform in Asia Pacific.
With Lee overseeing operations from Singapore as Lendlease’s managing director of data centres, the developer plans to… Read More>>
SPH REIT Buys Half Stake in Aussie Mall From Lendlease for A$670M
A REIT sponsored by media conglomerate Singapore Press Holdings has agreed to buy a half stake in one of the largest shopping malls in Australia for A$670 million ($461 million), continuing a wave of real estate investments Down Under by… Read More>>
WeWork’s Shanghai Centres Said to Be 35% Vacant and More Asia Real Estate Headlines
A pair of Softbank ventures at different stages of the venture-fueled business arc lead Mingtiandi’s collection of real estate headlines today, as the FT reports that WeWork now has more than 15,000 empty desks in Shanghai alone. That struggle in… Read More>>
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