Hong Kong-based telecom operator PCCW is selling its data centre business to DigitalBridge, a New York Stock Exchange-listed real estate investment trust that was known as Colony Capital until one month ago, for $750 million, according to a notice to… Read More>>
Singapore sovereign wealth fund GIC has teamed up with Swiss private equity firm Partners Group and Melbourne-based hospitality operator Salter Brothers to acquire a portfolio of 11 Travelodge hotels in Australia with a gross asset value of A$620 million ($457.3… Read More>>
With climate change and industrial innovation threatening to shorten the lifespans of real estate assets, many property developers and fund managers globally are looking for technologies which will help to protect properties against premature obsolescence.
Measuring the extent to which… Read More>>
Singapore’s ever-active sovereign wealth fund is back in the news again today as GIC is said to be signing up for a 30 percent slice of Starbucks’ Korea operation, as the American coffee firm exits a joint venture with Shinsegae… Read More>>
CapitaLand’s $15.9 billion plan to privatise its development operation and spin off its fund management business is set to go to shareholders next month after receiving approval from the board of Southeast Asia’s largest real estate business.
“This restructuring is… Read More>>
Colliers International is further reinforcing its Singapore-based team with the hiring of John Howald as executive director and head of international capital for Asia Pacific.
Joining Colliers from JLL Japan, Howald will report to Terence Tang, managing director for capital… Read More>>
The COVID-19 pandemic brought major changes to Asia’s real estate industry, according to a Mingtiandi survey conducted one year ago, and a poll being conducted this month aims to measure how much further this innovation has to go.
The Mingtiandi-Yardi… Read More>>
In today’s roundup of regional news headlines, China Evergrande’s share and bond prices tumble as a court freezes a bank deposit held by the indebted developer, while a senior executive of the group appears in a Hong Kong court to… Read More>>
The founder of a Singapore real estate developer that got its start operating hotels in the city’s red-light district is set to take the company private after reaching a key milestone in a buyout effort today.
A voluntary conditional cash… Read More>>
The last three weeks have seen a burst of people moves in key Asian markets as property services firms start to replenish their executive ranks amid signs of a post-pandemic rebound in Hong Kong and Singapore.
Colliers International this month… Read More>>