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John Saunders Blackrock

BlackRock Raises Additional $52.9M for Fifth Asia Real Estate Fund

2020/12/14 by Christopher Caillavet Leave a Comment

BlackRock last week disclosed an additional capital raise for its fifth Asia real estate fund, positioning the asset management giant to gain from a recovery in the regional economy once the COVID-19 crisis fades into the background.

In a filing… Read More>>

Yotta NM-1 Hiranandani

Hiranandani to Invest in IDC, Industrial Parks and More Asia Real Estate Headlines

2020/12/14 by Pimfha Chandhapradit Leave a Comment

In our latest roundup of regional news headlines, one of India’s key property groups says it will spend big to build data centres countrywide, Singaporean developer CDL announces plans for the divestment of a hotel on Malaysia’s Penang island, and… Read More>>

vrco neoxcraft

ESR Unveils Plans for Drone Logistics Initiative at Greater Tokyo Project

2020/12/14 by Michael Cole Leave a Comment

Logistics real estate specialist ESR is getting ready for the future of high speed delivery with an initiative to design and demonstrate the world’s first cargo drone facility at Tokyo area warehouse project.

The Hong Kong-listed warehouse developer and fund… Read More>>

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>>

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