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Manwin Sidhu, PAG

PAG, Partners Group, PropertyGuru to Speak at Mingtiandi Singapore Forum 

2024/08/19 by Michael Cole Leave a Comment

With Mingtiandi’s Singapore Forum just three weeks away, senior executives from PAG, Partners Group, ACRE and PropertyGuru have joined the roster of speakers for Southeast Asia’s biggest real estate investment event of 2024.

The agenda for the 10 September event… Read More>>

Chris Edwards Flexigroup

The Hive Adds Eighth Hong Kong Location in HSBC AM-Owned Podium in Sheung Wan

2024/08/19 by Kevin He Leave a Comment

Hong Kong-based co-working operator The Flexi Group has expanded its Hive brand in the Asian financial centre, with the company having opened its latest location in the city’s Sheung Wan area after taking over a former WeWork site owned by… Read More>>

Genentech/Roche Biologics Manufacturing Facility

Lendlease Loss Widens to $1B on Write-Downs Tied to Business Rejig

2024/08/19 by Christopher Caillavet Leave a Comment

Lendlease reported a loss of A$1.5 billion ($1 billion) for the fiscal year to June, ballooning from a year-earlier deficit of A$232 million, as the Australian real estate group booked write-downs related to an ongoing business overhaul.

ASX-listed Lendlease recognised… Read More>>

Noon Square

IGIS Marketing NPS-Owned Seoul Mall for $294M and More Asia Real Estate Headlines

2024/08/19 by Michael Cole Leave a Comment

Korean retail leads today’s headline roundup, with IGIS Asset Management seeking a buyer for a shopping mall in the heart of Seoul. Also in the news, Australia’s Aware Super fund buys a Melbourne industrial estate and discounted rent lures clothing… Read More>>

Ho Bee Land chief executive Nicholas Chua

Brunei Sovereign Fund Buys Stake in Ho Bee Singapore Life Sciences Complex for $205M

2024/08/12 by Michael Cole Leave a Comment

Singapore’s commercial real estate is showing signs of a pulse this month with developer Ho Bee Land announcing early Monday that it has agreed to sell a 49 percent stake in a life science complex in the city-state’s One North… Read More>>

Li Sze Lim of R&F Properties 1 (Getty Images)

China’s Guangzhou R&F Defaults on $4.53B in Offshore Bonds

2024/08/12 by Michael Cole Leave a Comment

A builder once ranked among China’s largest developers has fallen still further into distress with Guangzhou R&F Properties announcing on Sunday that it has failed to make interest payments on offshore bonds worth a total of $4.53 billion.

The developer… Read More>>

Stan Tang Stan Group

Stan Group Hotel Up for Sale as Student Housing Conversion in Kowloon

2024/08/12 by Michael Cole Leave a Comment

A hotel in Hong Kong’s Mong Kok area is being marketed as a student housing investment for private buyers as the city’s hospitality market flounders and higher-end rental housing players stay on the sidelines.

Hotel Ease – Mong Kok is… Read More>>

nexus shantiniketan in bangalore

Blackstone Cashes in India REIT Shares for $542M and More Asia Real Estate Headlines

2024/08/12 by Michael Cole Leave a Comment

Some profit-taking in India leads today’s collection of real estate headlines from around Asia, as Blackstone more halves its stake in Nexus Select Trust. Also making the list is set of good news for mainland developers as a pair of… Read More>>

Wheelock Ricky Wong

Wheelock Clinches $93M Buy of South Hong Kong Island Building at Forced Auction

2024/08/11 by Christopher Caillavet Leave a Comment

Wheelock Properties has acquired an industrial building in Hong Kong’s Wong Chuk Hang area for HK$728 million ($93.4 million), more than two years after applying for a compulsory sale of the ageing property.

The purchase of the Ha Lung Industrial… Read More>>

Stuart Crow JLL

APAC Real Estate Investment Reaches $27B in Third Straight Quarter of Growth: JLL

2024/08/11 by Christopher Caillavet Leave a Comment

Commercial real estate investment in Asia Pacific rose 2 percent year-on-year in the second quarter of 2024 to hit $27.3 billion, marking a third straight quarter of growth, according to JLL.

First-half investment volume totalled $57.5 billion, up 7 percent… Read More>>

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