In today’s roundup of regional news headlines, a Chinese private equity firm reportedly sells a five-star Sydney hotel, casino operator Genting Singapore posts a first-quarter profit decline, and buyers jump on new flats for sale in Hong Kong’s Kai Tak.
JV Controlled by Mainland Billionaire Wins $207M Tender for Singapore’s Maxwell House
A pair of Singapore-listed firms controlled by a mysterious mainland investor with links to the younger brother of former US president George W Bush has teamed with a Hong Kong construction firm to win a tender for a mixed-use project… Read More>>
CapitaLand Transformation Continues With Departure of China Boss Lucas Loh
CapitaLand announced a privatisation plan this March that promises to remake Southeast Asia’s largest developer, but one of the company’s top executives will not be helping to lead that transition, according to an announcement coinciding with the firm’s annual general… Read More>>
Colliers Adds Research Veteran Nicholas Wilson to Asia Team
Property services firm Colliers International reinforced the leadership of its regional analyst team this past week, hiring Nicholas Wilson as director and head of investor and developer research for Asia.
Based in Singapore, Wilson will oversee research for Colliers’ property… Read More>>
Warburg Pincus to Reveal What’s Next for China Multi-Family in MTD TV Interview
MTD TV’s Asia Multi-Family Investment Forum will feature one of the most experienced executives in China’s rental residential sector on Thursday 6 May for a spotlight interview session with Mingtiandi founder Michael Cole.
Qiqi Zhang, a managing director with US… Read More>>
DBS to Cut Global Office Footprint by 20% and More Asia Real Estate Headlines
Asia’s path out of the pandemic continues to bring a set of mixed real estate headlines as we enter May, with Hong Kong’s housing market showing signs of a resurgence as Singapore’s biggest bank announces plans to cut its office… Read More>>
Evergrande Held Spot as China’s Biggest Developer in 2020 as Profit Fell 26%
China Evergrande maintained its position as China’s top developer in 2020 with the real estate giant growing its sales even more quickly during the pandemic, but seeing its profits slide by more than a quarter, according to a review of… Read More>>
ARA Logos Logistics Trust to Sell South Australia Warehouse for $32M
Singapore-listed ARA Logos Logistics Trust is slimming its Australian portfolio with the divestment of an ageing warehouse property in a suburb west of Adelaide.
ALOG’s manager announced on Monday that the REIT had entered an agreement for the sale of… Read More>>
Nuveen Real Estate APAC Head Nick Evans Leaves Firm After 15 Years
Nuveen Real Estate’s executive roster in Asia Pacific continues to evolve, this time with the departure of Nick Evans from his post as managing director and head of Australia and APAC real estate.
The fund manager confirmed to Australian media… Read More>>
Schroders Takes Over Aussie Real Estate Lender and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, investment manager Schroders acquires a majority stake in Australian lender RF Eclipse, a tender for a land parcel in Hong Kong’s northern New Territories attracts 10 bids, and SGX-listed CapitaLand Integrated Commercial Trust… Read More>>
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