China’s Dalian Wanda Group saw its application for a Hong Kong IPO lapse for a fourth time last week, and the company’s attempt to renegotiate $4 billion in pre-IPO financing leads our headline roundup today. Also in the news, China… Read More>>
Asia Real Estate People in the News 2023-09-11
A board reshuffle at a Singapore-listed data centre REIT leads this week’s collection of personnel moves in Asia’s real estate industry, as Digital Core REIT names a new chairman and CFO. Adding to the turnover this week is a director… Read More>>
Shipping Firm IMC Buys Office Floor Near Singapore’s Orchard Road for $18M
An investment company which controls one of Asia’s largest family-owned shipping firms has snapped up an office floor near Singapore’s Orchard Road for S$24 million ($17.7 million) as the city-state’s strata office market continues to gather steam.
IMC Group, founded… Read More>>
Asia Real Estate People in the News 2023-07-31
A new hire at a top US fund manager and an upgrade at one of Canada’s largest pension fund managers lead this week’s survey of personnel moves around Asia’s real estate industry, with a Beijing-based data centre operator and a… Read More>>
HSBC Raises Hong Kong Prime Rate After Fed Hike and More Asia Real Estate Headlines
The rising price of borrowing leads today’s roundup of regional real estate news as Hong Kong’s largest bank raises interest rates to a 16-year high. Also in the headlines today, a pair of shophouses has changed hands in Singapore’s Serangoon… Read More>>
Singapore Posts World’s Second Fastest Growth in Luxury Residential Rents
Singapore’s luxury housing market continued to record some of the world’s steepest increases in rental rates during the first half of this year, as wealthy foreigners flow into the Southeast Asia financial haven, according to a recent report by Savills.
Asia Real Estate People in the News 2023-07-17
A senior Singapore investment executive leads this week’s round of personnel moves from around the region with a potential shift from the financial to the political realms. Also making the list, a Shenzhen developer gives his son an upgrade and… Read More>>
TE Capital, LaSalle Near Sell-Out of Cecil Street Office Project in Singapore
TE Capital and LaSalle Investment Management are close to selling two-thirds of their joint venture office project on Cecil Street in under five months as investors continue to buy up floors in the freehold project in Singapore’s central business district.
Cheung Kei Tycoon’s Seized Mid-Levels Apartment Up for Tender Sale
A luxury apartment in Hong Kong’s Mid-Levels area is up for sale after it was seized from Shenzhen tycoon Chen Hongtian in March.
The fifth-floor luxury unit at Opus Hong Kong on Stubbs Road is being sold by receivers via… Read More>>
Resilient Singapore Office Sector Lifts OUE C-REIT’s Net Property Income by 18% in Q1
OUE Commercial REIT saw its net property income surge by 18 percent year on year to reach S$56.6 million ($42.62 million) in the first quarter on the back of resilient Singapore office rents and the relaunch of its flagship hotel… Read More>>
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