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151 Lor Chuan

Activist Investor Admits Errors in Sabana REIT Manager Fight in Settlement with ESR

2024/04/09 by Christopher Caillavet Leave a Comment

Activist investor Quarz Capital, which last year helped persuade investors in SGX-listed Sabana REIT to internalise the trust’s manager, now admits that the cost savings estimates it used to sell that campaign to investors were “incorrect and an error”.

Having… Read More>>

68 Robinson Road cropped

Weave Opens Project in Hong Kong’s Mid-Levels and More Asia Real Estate Headlines 

2023/06/12 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Weave Living opens its latest rental residential property in Hong Kong’s Mid-Levels, US-based Equinix eyes a second Malaysia data centre, and China property stocks tumble amid an uncertain economic recovery.

… Read More>>

Ronshine chairman and CEO Ou Zonghong

Ronshine China Defaults on $316M Offshore Bond and More Asia Real Estate Headlines

2023/06/11 by Christopher Caillavet Leave a Comment

In today’s roundup of regional real estate headlines, a Fuzhou-based builder has defaulted on its latest set of offshore bonds and Dalian Wanda digs in for a fight after a court froze shares in the group’s property management unit. Also… Read More>>

151 Lor Chuan

Switzerland’s Volare Group Makes Offer for Additional 10% of Sabana REIT

2023/01/23 by Christopher Caillavet Leave a Comment

Volare Group has made an offer to acquire a 10 percent stake in Sabana Industrial REIT, a deal that would build on the Swiss conglomerate’s current 5.4 percent interest in the Singapore-listed trust.

Volare, whose business lines include real estate,… Read More>>

Mapletree $3B REIT Merger Targeted by Activist Investor That Sank Sabana Deal 

2022/02/11 by Christopher Caillavet Leave a Comment

Opponents of the proposed merger of Singapore-listed Mapletree Commercial Trust and Mapletree North Asia Commercial Trust gained an experienced ally this week in activist investor Quarz Capital Management, which is urging MNACT unitholders to reject the S$4.22 billion ($3.13 billion)… Read More>>

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