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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>>

Far East Shopping Centre

Mainland Billionaire’s Bright Ruby Buying Singapore Mall for Reported $667M

2023/10/01 by Beatrice Laforga Leave a Comment

Bright Ruby Resources has won the tender for an en bloc redevelopment site along Singapore’s Orchard Road for a reported S$908 million ($667 million), agreeing to a deal which now becomes the largest collective sale in the city-state so far… Read More>>

IOI Central Boulevard Towers

Downtown Singapore Office Rents Slip For First Time Since Pandemic

2023/09/25 by Beatrice Laforga Leave a Comment

Average rents for Grade A offices in Singapore’s central business district fell for the first time in over two years during the third quarter, sliding by 0.3 percent in the face of dipping demand and an influx of new space,… Read More>>

Phil Pearce of ESR

ESR Adds Logistics Site Near Western Sydney Airport Project for $45M

2023/09/25 by Michael Cole Leave a Comment

Industrial specialist ESR is adding to its Australian pipeline with the acquisition of a site near the future Western Sydney airport for A$70 million ($45 million).

With 4.1 million square metres (44 million square feet) of warehouse space already developed… Read More>>

Craig Shute Knight Frank

Knight Frank Names Craig Shute Greater China CEO, Brunner on Leave

2023/09/25 by Michael Cole Leave a Comment

Knight Frank has named new leadership for its Greater China business bringing former JLL and CBRE executive Craig Shute back to Hong Kong for a return engagement.

Shute will take over as chief executive for Greater China at the property… Read More>>

Data Centre AirTrunk Headquarters in North Sydney, Australia

Macquarie-Backed AirTrunk Mulls $6.4B IPO and More Asia Real Estate Headlines

2023/09/25 by Ponrath Sopannarath Leave a Comment

A Macquarie-backed data centre operator may be headed to a $6.4 billion IPO, with that story leading our roundup of real estate headlines today. Also in the news, Hong Kong’s relaxed mortgage policies are expected to have little effect on… Read More>>

PGIM Real Estate Asia head Benett Theseira

PGIM Expands APAC Rental Housing Portfolio With China, Australia Deals

2023/09/18 by Christopher Caillavet Leave a Comment

PGIM Real Estate has added to its Asia Pacific rental housing portfolio, with the US investment manager securing deals with local partners to acquire properties in Shanghai, Sydney and Brisbane.

In China’s commercial capital, PGIM led a joint venture to… Read More>>

David Luboff, head of Asia Pacific infrastructure at KKR

KKR Buying 20% Stake in Singtel’s $4B Regional Data Centre Business

2023/09/18 by Christopher Caillavet Leave a Comment

A fund managed by KKR has agreed to commit up to S$1.1 billion to acquire a 20 percent stake in Singtel’s regional data centre business, with the US buyout giant’s investment valuing the platform at S$5.5 billion ($4 billion).

KKR… Read More>>

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MTD TV

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