Singapore builder Oxley plans to sell a stake in a Malaysia hotel, with that divestment leading today’s headline roundup. Also making the list, Blackstone’s CEO enthuses about private credit and data centres and Switzerland’s Partners Group invests in a Sydney… Read More>>
BlackRock Leases Mumbai Office From K Raheja and More Asia Real Estate Headlines
The world’s biggest asset manager leads today’s headline roundup, with US-based BlackRock leasing new office space in India’s commercial capital. Also making the list, Singapore boosts second-hand home sales and a Chinese developer seeks US recognition of its debt workout.
CPPIB Declares $10.5B in Earnings for Q1 and More Asia Real Estate Headlines
Canada’s biggest pension fund leads today’s roundup of regional headlines, with Toronto-based CPPIB reporting quarterly gains. Also in the news, China’s home-price downturn slows and a Singapore property tycoon bets on luxury condos in Australia.
Canada’s CPPIB… Read More>>
$98M Singapore Bungalow Buy Linked to Hillhouse Boss and More Asia Real Estate Headlines
Two adjoining bungalows on Singapore’s Belmont Road change hands for a total of $97.8 million, with that story leading Mingtiandi’s headline roundup today. Also making the list, the People’s Bank of China cuts a key interest rate and Singapore-listed CapitaLand… Read More>>
Qatar Sovereign Fund to Buy Stake in ChinaAMC and More Asia Real Estate Headlines
Qatar’s sovereign wealth fund has agreed to buy a 10 percent stake in China Asset Management, with that story leading Mingtiandi’s roundup of headlines from around the region. Singapore’s Oxley also makes the list as it is reported to be… Read More>>
Asia Real Estate People in the News 2024-06-03
Board moves at real estate giants in Hong Kong, Singapore and mainland China led this week’s review of personnel moves from around the region on Mingtiandi, starting with Shui On Land promoting an heir-apparent to vice chairman. Also making the… Read More>>
Digital Realty Breaks Ground on Japan Project and More Asia Real Estate Headlines
Japanese server sheds lead Mingtiandi’s roundup of real estate news from around the region today, with Digital Realty’s joint venture with Mitsubishi starting work on a 31-megawatt data centre east of Tokyo. Also making the list is an SGX-listed hotel… Read More>>
Singapore’s LHN Inks Second Co-Living JV This Month with Oxley Boss Ching Chiat Kwong
LHN Group has signed its second deal this month with the family behind listed builder Oxley Holdings, with the partners now working on two rental residential projects in Singapore’s District 6.
The developer announced to the SGX on Monday that… Read More>>
LHN’s Coliwoo Sets Up $35M JV With Oxley Boss, Wins Bukit Timah Project Tender
LHN Group’s Coliwoo co-living unit has formed a S$48 million ($35.6 million) joint venture with the boss of local builder Oxley and his son to acquire a building in central Singapore’s museum district.
The four-storey building known as Wilmer Place… Read More>>
Singapore’s Oxley Swings to Six-Month Loss as Revenue Drops 63%
Singaporean developer Oxley Holdings posted a fiscal first-half loss attributable to shareholders of S$1.1 million, reversing a year-earlier profit of S$300,000, as revenue plunged 63 percent year-on-year to S$164.4 million ($122 million).
The reduced revenue haul in the six months… Read More>>
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