China’s latest corruption case leads the real estate news from around Asia again today, with reports emerging that authorities have detained suspects in a newly launched investigation. Also making the headlines, Hong Kong developers are turning to private credit as… Read More>>
Link REIT Grows Revenue 11.3% in 2023 1H
Hong Kong’s Link REIT recorded year-on-year revenue growth of 11.3 percent for the six months ending in September, driven by robust performance in its Hong Kong and overseas retail portfolio, according to interim financial results released by the trust on… Read More>>
Manulife IM Welcomes Back Kenny Lam as CIO for APAC Real Estate
Manulife Investment Management on Monday confirmed that it has brought back Kenny Lam for a return engagement, who left the company in May last year to join Hong Kong’s Link REIT.
Lam began serving as chief investment officer and head… Read More>>
Link CIO Kenny Lam Leaving Asia’s Largest REIT
Kenny Lam, chief investment officer for strategic investment at Hong Kong’s Link REIT, has resigned from his role after just over a year on the job, as rising interest rates dent prospects for listed property trusts globally.
Lam is leaving… Read More>>
China Evergrande Seeks US Bankruptcy Protection and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, embattled builder China Evergrande files for US bankruptcy protection as it looks to finalise debt restructuring plans, and the number of properties entangled in a Singapore money-laundering probe reaches 105. Also making the… Read More>>
Link REIT Denies Mainland Report of Commercial Portfolio Sale
Link REIT has denied a report by a Chinese news site that Asia’s largest real estate investment trust is looking for a buyer for a set of seven assets constituting its entire mainland commercial portfolio.
State-backed media outlet The Paper… Read More>>
Link REIT CEO George Hongchoy to Speak at Mingtiandi Forum in Hong Kong
George Hongchoy, chief executive of Link Asset Management, the manager of Hong Kong-listed Link REIT will be speaking in the keynote panel which opens the Mingtiandi Hong Kong Focus Forum on 27 June. Tickets to the event are available via… Read More>>
Hong Kong’s Link REIT Posts 5.4% Revenue Rise as Portfolio Grows
Hong Kong’s Link REIT posted revenue growth of 5.4 percent to HK$12.2 billion ($1.6 billion) for the 12 months ended in March, as the total distributable amount for Asia’s largest listed trust edged up 0.6 percent to HK$6.3 billion despite… Read More>>
Asia Real Estate People in the News 2023-04-03
A sudden leadership change at a Singapore-listed REIT leads this week’s set of personnel updates on Mingtiandi, with Shanghai’s Jingrui Holdings also revealing a change at the top level. There are also new board members at Link REIT and Fosun,… Read More>>
Link REIT’s $2.4B Rights Issue Oversubscribed and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Asia’s biggest listed property trust gets a strong response to its rights issue, and troubled mainland China developer Shimao puts a Hong Kong hotel up for sale as it struggles to pay down… Read More>>
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