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David Schaefer

AEW Flips Shanghai Office Building to Ascendas-Singbridge for Reported RMB 1.35B

2017/03/21 by Michael Cole Leave a Comment

Ascendas-Singbridge has purchased an office tower near Shanghai’s People’s Square from US real estate private equity firm AEW, as the Singaporean player seeks to expand its mainland portfolio.

The developer jointly owned by Singapore’s Temasek Holdings and JTC Corporation purchased… Read More>>

John Saunders

CapitaLand and BlackRock Said in Exclusive Talks for Singapore’s Asia Square 2

2017/03/20 by Tyler Roney Leave a Comment

Singapore’s CapitaLand is in exclusive talks to acquire the 1,220,000 square foot (113,350 square metre) Asia Square Tower 2 in Singapore’s Marina Bay from BlackRock Real Estate Fund III, according to sources familiar with the transaction.

The 46-storey Asia Square Tower… Read More>>

Wu Xiaohui

Anbang in the Lead to Acquire Seoul’s Yuanta Securities Building

2017/03/13 by Tyler Roney Leave a Comment

THAAD? What THAAD? As relations between China and South Korea sour due to US missile installations and as capital controls continue to squeeze Chinese buyers, Anbang Insurance is said to be locked into exclusive negotiations to acquire an office building… Read More>>

stephen hawkins

Ivanhoe Cambridge and CPPIB Team with Logos for $484 Mil SE Asia Warehouse Platform

2017/03/13 by Michael Cole 1 Comment

Australia and China-based Logos Property has secured new capital commitments from Canadian fund managers CPPIB and Ivanhoe Cambridge that give the logistics real estate developer a $484 million platform for developing and acquiring warehouse facilities in southeast Asia, according to… Read More>>

David Chiu FEC

Far East Consortium Selling Kowloon Hotel to Nanjing Developer for HK$450M

2017/03/06 by Michael Cole Leave a Comment

A hotel subsidiary of Hong Kong’s Far East Consortium has agreed to sell a hotel in Hong Kong’s Mongkok area to a Nanjing-based developer for HK$450 million ($58 million) in the latest acquisition by Chinese real estate developers in the… Read More>>

MIguel Ko Ascendas

Ascendas-Singbridge Breaks Ground on Joint Office Project in Singapore

2017/03/06 by Michael Cole Leave a Comment

Singaporean developer Ascendas-Singbridge broke ground on the redevelopment of a 500,000 square foot (46,500 square metre) office project in the city’s central business district on Friday, together with partners Mitsui & Co and Tokyo Tatemono Co.

The joint Singaporean-Japanese effort… Read More>>

lee chee koon

Ascott Opens Millennial Lab in Singapore to Test Co-Living Model

2017/02/27 by Tyler Roney Leave a Comment

Serviced residence provider The Ascott Limited has partnered with Singapore Management University to open a 32,000 square foot (3,000 square metre) residential laboratory to explore new habitats for Asia’s millennials as the potential for co-living catches the attention of some… Read More>>

adrian cheng2

Adrian Cheng Promoted as New World Reports 31% Spurt in Net Profit

2017/02/27 by Tyler Roney Leave a Comment

His grandfather passing just a few months ago and his father ill, heir apparent to the New World Development throne, Adrian Cheng Chi-Kong, led his first earnings briefing for the $54 billion Hong Kong real estate developer last week, reporting… Read More>>

William Cheng Kai Man

Henderson Sells North Point Hotel to Son-in-Law for HK$1 Bil

2017/02/20 by Michael Cole Leave a Comment

Top Hong Kong real estate player Henderson Land Development Company has agreed to sell a hotel in the city’s North Point area to Shun Ho Property for HK$1 billion ($129 million), according to an announcement on Friday to the Hong… Read More>>

justin oconnor

Savills IM Wins $600 Mil in Investment Mandates for Japan Market

2017/02/20 by Tyler Roney Leave a Comment

Savills Investment Management (Savills IM) has won two mandates to invest in Japanese real estate equaling $600 million, with the commitments coming earlier this month from an existing investor and from a new institutional partner.

The London-based international real estate… Read More>>

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