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william tay ascendas

Ascendas REIT Buying Sydney Office Park for $218M

2020/12/13 by Michael Cole Leave a Comment

Ascendas REIT has added a fifth Australian office park asset to its portfolio, as the Singapore-listed trust bets on continued demand for suburban commercial assets in the wake of the COVID-19 pandemic.

Ascendas Funds Management, which manages the $9.7 billion… Read More>>

jason leow

CapitaLand Launches $300M Multifamily Joint Venture in Austin, TX

2020/12/07 by Michael Cole Leave a Comment

Singapore’s CapitaLand is taking its commitment to the tech economy overseas as Southeast Asia’s largest developer today announced a joint venture to develop apartments in Austin, Texas.

The Temasek Holdings-backed builder says that it has formed a JV with a… Read More>>

Jeffrey Perlman warburg pincus

ESR Prices Shares for $320M Korean Logistics REIT

2020/12/07 by Michael Cole Leave a Comment

After holding Hong Kong’s third-largest IPO of 2019, warehouse specialist ESR is headed for a $320 million debut on Korea’s KOSPI exchange this month, according to an announcement late last week by the developer and fund manager.

Following a road… Read More>>

hu bing ying li

CEO of SG-Listed Developer Detained in China and More Asia Real Estate Headlines

2020/12/07 by Michael Cole Leave a Comment

Key person risk in China leads today’s real estate headlines from around the region, as a Singapore-listed mainland developer reveals that its chief executive has been detained by Beijing authorities in relation to a bribery investigation.

Also… Read More>>

LaSalle Mark Gabbay

LaSalle Adds Suzhou, Tianjin Warehouses to China Logistics Fund

2020/12/07 by Michael Cole Leave a Comment

LaSalle Investment Management continues to expand its China logistics holdings as the real estate fund manager picks up a pair of new warehouses in the mainland’s two largest consumer markets.

The investment affiliate of property agency JLL announced on Friday… Read More>>

Kwek Leng Beng

Singapore’s CDL Predicts 2020 Loss, Further Hotel Woes Next Year

2020/11/30 by Christopher Caillavet 1 Comment

In full-year guidance released Monday, City Developments Ltd said it expected the effects of the COVID-19 pandemic to continue into 2021 as the Singaporean developer predicted a loss for 2020.

CDL foresees its global hospitality segment, led by wholly owned… Read More>>

Jonathan Hannam - Taronga

CapitaLand Welcomes New Partner to Singapore Proptech Innovation Lab

2020/11/30 by Elizabeth Kerr Leave a Comment

Some of Singapore’s largest developers have announced tech initiatives in recent weeks as the city-state focuses on creating more efficient and sustainable buildings. That trend continued Monday with CapitaLand announcing a new partner in an innovation lab targeting the real… Read More>>

jack ma Alibaba

Alibaba Fund, Swire Invest in HK Logistics Startup and More Asia Real Estate Headlines

2020/11/30 by Shiunne Bulsombut Leave a Comment

In today’s roundup of regional news headlines, delivery platform Pickupp receives financing from venture funds tied to Alibaba and Swire, PropertyGuru snaps up a Malaysian property data firm, and a Japanese developer and its media company partner agree to buy… Read More>>

kwok hiu-kwan 4

Kaisa’s Kwok Family Thwarted in Bid for Control of Hong Kong Finance Firm Convoy

2020/11/28 by Michael Cole Leave a Comment

A son of the chairman of Shenzhen developer Kaisa Group Holdings failed in a bid to wrest control of troubled Hong Kong finance firm Convoy Global Holdings this past week, as a shareholders meeting was halted after just ten minutes.

… Read More>>

Xu Jiayin Evergrande

Evergrande Services Unit Kicks Off Downsized $2B Hong Kong IPO

2020/11/23 by Christopher Caillavet Leave a Comment

Evergrande Property Services Group Ltd has announced the details of its proposed listing on the Hong Kong stock exchange, with the public offering to take place from Monday to Thursday this week.

The company, a property management services spin-off of… Read More>>

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