Vivian is the Vice President of The Ascott Limited’s (Ascott) and currently heads up the Business Development team across Japan and Korea, accelerating the strategic expansion of the company’s diverse portfolio of accommodation across hotels, serviced apartments and social living… Read More>>
CapitaLand Investment Fund Buys $210M Shinjuku Tower as Tokyo Portfolio Grows
A private fund managed by CapitaLand Investment has acquired a Tokyo mixed-use complex in a deal valuing the property at over JPY 30 billion ($210 million), with the Singaporean firm seeking to reposition the asset as a serviced residence offering… Read More>>
SC Capital Said in Talks to Buy Global Switch and More Asia Real Estate Headlines
Singapore-based SC Capital is said to be in talks to acquire data centre operator Global Switch, with that report leading today’s headline roundup. Also making the list, Hong Kong property investors continue to dump commercial assets at steep losses and… Read More>>
Ascott-QIA JV Sells Hotel on Tokyo’s Ginza to Singapore’s Invictus
Singapore’s Invictus Developments has entered Japan with the acquisition of the Lyf Ginza Tokyo hotel, after the country logged $2.6 billion of hotel transactions in the first half of the year, representing a 64 percent year-on-year increase, according to JLL.
Frasers Property Secures $670M Green Loan and More Asia Real Estate Headlines
Sustainability is helping Singapore’s Frasers Property to access some fresh cash with news of the developer landing a $670 million green credit facility leading today’s headline roundup. Ping An Bank also makes the news with plans to shift Shanghai staff… Read More>>
CapitaLand Sells Shanghai Ascott Apartments to Guangzhou Investor for Reported $166M
CapitaLand Development has sold a serviced apartment property in Shanghai’s Xuhui district to a vehicle controlled by a mainland investor, as cash-rich corporate investors continue to seek discounted acquisition opportunities amid China’s property slump.
The 90-unit Ascott Heng Shan Shanghai… Read More>>
Netherlands’ Bouwinvest Commits $75M to CapitaLand APAC Lodging Fund
Amsterdam-based Bouwinvest Real Estate Investors has invested $75 million in a CapitaLand Investment fund targetting serviced residence and co-living opportunities across Asia Pacific in a bet on a rebound in Asia’s lodging market.
The Dutch real estate investment manager said… Read More>>
Singapore’s CapitaLand Sets Up $600M APAC Co-Living Fund
CapitaLand Investment (CLI) aims to raise as much as $600 million for a newly established Asia Pacific fund targetting serviced residence and co-living opportunities which it is seeding with a pair of assets from its Ascott lodging division, the Singapore… Read More>>
Amazon to Invest $15B in Cloud Computing in Japan and More Asia Real Estate Headlines
Amazon Web Services leads Mingtiandi’s headline roundup today with a plan to invest $15 billion in expanding its cloud computing infrastructure in Japan by 2027. Also in the news, Ascott and CapitaLand Investment see strong potential in Japan and the… Read More>>
NWD, ADIA to Refinance $1.2B HK Hotel Loan and More Asia Real Estate Headlines
New World Development and Abu Dhabi’s sovereign wealth fund plan to refinance a $1.2 billion hotel loan in Hong Kong, with that story leading Mingtiandi’s headline roundup today. Also making the list, Warburg Pincus and Bain Capital vie to acquire… Read More>>