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Chen Hongtian of Cheung Kei

Receivers Marketing London Office Tower Seized From Mainland Tycoon

2023/10/16 by Michael Cole Leave a Comment

Savills has kicked off a sales campaign for 5 Churchill Place in London, attempting to find a buyer for the Canary Wharf office tower seized from mainland tycoon Chen Hongtian, who had earlier defaulted on loans backed by the onetime… Read More>>

christine sun orangetee

Singapore Home Sales Lowest in Nine Months as Developer Inventories Swell

2023/10/16 by Beatrice Laforga Leave a Comment

Singapore’s housing market continued to slow in September with private home sales plunging by 45 percent from the 394 units sold a month prior, falling to a nine-month low of 217 units as developers were seen holding back project launches… Read More>>

china-resources-building-hong-kong

China Resources to Raise Up to $1B in Hong Kong IPO and More Asia Real Estate Headlines

2023/10/16 by Ponrath Sopannarath Leave a Comment

A real estate unit of China Resources plans to raise up to $1 billion in a Hong Kong IPO, with that story leading our roundup of real estate headlines from around the region. Also in the news, the… Read More>>

Teresa Zhuge of GLP

GLP Capital Partners Closes on $240M for China Value-Add Fund

2023/10/09 by Michael Cole Leave a Comment

GLP Capital Partners said on Monday that it has raised RMB 1.75 billion ($240 million) in fresh capital for a China value-add strategy, marking its second major closing for a mainland investment vehicle this year.

The fund management division of… Read More>>

Kenny Lam Link REIT

Manulife IM Welcomes Back Kenny Lam as CIO for APAC Real Estate

2023/10/09 by Michael Cole Leave a Comment

Manulife Investment Management on Monday confirmed that it has brought back Kenny Lam for a return engagement, who left the company in May last year to join Hong Kong’s Link REIT.

Lam began serving as chief investment officer and head… Read More>>

Simon-Garing Cromwell EREIT

Cromwell EREIT Continues Debt Reduction with $99M Sale of Italian Office Campus

2023/10/09 by Beatrice Laforga Leave a Comment

Cromwell European REIT has completed the sale of an Italian office campus for €94 million ($99.2 million) as the Singapore-listed trust continues to sell of non-core assets to reduce debt.

After seeing its interest expenses more than double from €4.2… Read More>>

evergrande hengchi

Investor in Evergrande EV Unit Freezes Payments and More Asia Real Estate Headlines

2023/10/09 by Ponrath Sopannarath Leave a Comment

A fresh setback in China Evergrande Group’s quest for solvency leads today’s list of real estate headlines from around Asia as a would-be investor in the company’s car unit freezes payments. Also in the news, Country Garden faces another bond… Read More>>

ESR-Logos REIT chief executive Adrian Chui

ESR-Logos REIT Selling Singapore Building for $39M in Ninth Divestment in 10 Months

2023/10/03 by Michael Cole Leave a Comment

ESR-Logos REIT said on Monday that it has agreed to sell an industrial building on the west coast of Singapore for S$53 million ($38.5 million) in its ninth sale of a building from its portfolio in the past 10 months.

… Read More>>

Singapore Home Prices Crept Upwards in Q3 Despite 15% Drop in Sales

2023/10/02 by Beatrice Laforga Leave a Comment

The average price of a private home in Singapore rebounded in the third quarter, recording a 0.5 percent uptick compared to the preceding three month period, despite a 15 percent drop in the quantity of homes sold and a barrage… Read More>>

Clara Chan, the first CEO of a new $8B sovereign fund

Hong Kong Picks HKMA Official to Lead $8B Fund and More Asia Real Estate Headlines

2023/10/02 by Ponrath Sopannarath Leave a Comment

Hong Kong is setting up a new $8 billion municipal investment fund and has named an executive at the city’s de facto state bank as its first CEO, with that story leading Mingtiandi’s headline roundup today. Also in the news,… Read More>>

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