This week in Asia’s latest round of real estate industry professionals finding new roles, there’s a surge of hiring by flexible office providers with half of our subjects landing their latest job with a co-working or serviced office operator. Also… Read More>>
A group of investors led by Perennial Real Estate Holdings are said to be considering the en bloc sale of AXA Tower, the sixth-tallest building in Singapore, for at least S$1.65 billion ($1.2 billion).
According to an account in The… Read More>>
China’s biggest real estate transaction ever seems to also include one of the biggest loans ever as Dalian Wanda is said to be providing RMB 29.6 billion in financing for Sunac to buy a portfolio of hotels and theme parks…. Read More>>
China’s Zhonghong Zhuoye Group first hit the headlines three months ago with its $449 million purchase of a stake in Seaworld from Blackstone. Now the Chinese conglomerate is back in the news with plans for a $3 billion buyout of… Read More>>
Singapore takes centre stage in Asia’s real estate world today as the city state sees a flurry of property activity, including the impending $1.3 buyout of developer United Engineers. Also in the news, Prudential unit PGIM picks up a logistics… Read More>>
Popping up in today’s headlines, HNA is the latest Chinese dealmaker to grab the attention of the New York Times, who look into how a privately held company gets a $60 billion line of credit from government banks. Also in… Read More>>
Leading today’s headlines, China’s richest man looks set to once again test the limits of the country’s capital controls and help us define the boundaries of “rational deals” as Dalian Wanda is said to be in talks to take over… Read More>>
Perennial Real Estate Holdings has hired health care industry veteran Liak Teng Lit to serve as CEO of its rapidly expanding healthcare division, and COO of the Singapore-listed property group.
The top level hire was announced by Perennial on Friday,… Read More>>
Despite new stamp duties introduced last year demand for new homes in Hong Kong continues to rise in 2017. Also in the headlines today, comments by Goldman Sachs that China developer shares were undervalued helped trigger high single digit price… Read More>>
Billionaire Stanley Ho’s Shun Tak Holdings has made its first major commercial acquisition in Singapore after the Hong Kong-listed company acquired a 61 percent stake in a commercial project along the city’s famed Orchard Road commercial strip.
Shun Tak paid… Read More>>