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teo hong lim roxy

Roxy-Pacific Chairman Bids to Privatise Singapore Developer at 20% Premium

2021/09/20 by Christopher Caillavet Leave a Comment

Roxy-Pacific Holdings on Monday announced a takeover bid led by the Singapore-listed developer’s controlling family.

TKL & Family Pte Ltd, a holding company owned chiefly by Roxy-Pacific chairman and CEO Teo Hong Lim and his relatives, has made a… Read More>>

Evergrande Shenzhen

Evergrande Spiral Dents Mainland Developers and More Asia Real Estate Headlines

2021/09/20 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, contagion fears abound as China Evergrande’s liquidity crisis puts pressure on bonds issued by other mainland and the cash-strapped developer reveals that executives made early redemptions of some of the group’s investment… Read More>>

Wee Cho Yaw

Far East Consortium Sells Singapore Project to UOL Group’s Kheng Leong for $158M

2021/09/19 by Christopher Caillavet Leave a Comment

Hong Kong-based Far East Consortium has sold a central Singapore apartment building at an 8 percent mark-up after acquiring the 10-storey property from US private equity giant Blackstone three years ago.

FEC offloaded 21 Anderson, a freehold apartment block in… Read More>>

Russell Ng

AIMS APAC REIT Names New CEO as Sydney Office Deal Looms

2021/09/15 by Pawara Laothamatas Leave a Comment

Singapore-listed AIMS APAC REIT (AA REIT) announced the appointment of Russell Ng as the new chief executive of the industrial-focused trust last week.

Ng’s appointment came amid the trust’s strong performance in the quarter that ended 30 June, with a… Read More>>

galven tan

South Singapore Residential Site Goes for $276M in Biggest Collective Sale of 2021

2021/09/13 by Christopher Caillavet Leave a Comment

The sale of a residential site near the Greater Southern Waterfront project has provided the latest evidence of Singapore’s housing market snapping out of its pandemic-induced funk.

In the city’s biggest collective sale this year, the homeowners of Flynn Park… Read More>>

Victoria Sharpe HSBC

HSBC Asset Management Names Victoria Sharpe Head of Asia Real Estate

2021/09/13 by Pawara Laothamatas Leave a Comment

Just three months after creating an alternative investment division, HSBC Asset Management is introducing a new real estate team for Asia, led by industry veteran Victoria Sharpe.

Formerly head of real estate for Asia Pacific with Deutsche Bank affiliate DWS,… Read More>>

ura tender

Henderson Land Wins Kowloon Redevelopment Project for $1.04B

2021/09/13 by Pawara Laothamatas Leave a Comment

Henderson Land Development won a tender for a residential project in Hong Kong’s To Kwa Wan for HK$8.1 billion ($1.04 billion), as the city’s quickening housing market and a newly extended MTR line drive developers to buy up redevelopment sites… Read More>>

galaxy soho

Soho Shares Sink 40% as Blackstone Deal Fails and More Asia Real Estate Headlines

2021/09/13 by Pimfha Chandhapradit Leave a Comment

Soho China leads today’s roundup of regional news headlines, as the mainland developer’s shares dive in the wake of Blackstone’s failed buyout of the firm and the husband-and-wife team at the top take in the US Open women’s final to… Read More>>

Louise Kavanagh - Nuveen

Nuveen Taps European Investors to Raise Further $213M for $2B Core APAC Fund

2021/09/06 by Christopher Caillavet Leave a Comment

Nuveen Real Estate has raised a further $213.5 million for its Asia Pacific Cities strategy, with the Chicago-based fund manager securing capital commitments from four European investors.

The platform, which focuses on high-quality assets in “future-proof cities”, has raised more… Read More>>

Anthea Lee Keppel

Keppel DC REIT Adds to European Portfolio With $44M Dutch Data Centre Buy

2021/09/06 by Christopher Caillavet Leave a Comment

Singapore-listed Keppel DC REIT has acquired a third data centre in the Netherlands, strengthening the trust’s foothold in a key server-hosting market and reinforcing the portfolio’s emphasis on European assets.

The REIT paid €37.2 million ($44.1 million) for the property… Read More>>

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