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Li Sze-lim

Guangzhou R&F Shares Slide After $1.3B Loss Predicted and More Asia Real Estate Headlines

2022/03/28 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, Guangzhou R&F’s shares plunge after the developer issues gloomy guidance, the boss of an Aussie casino operator steps down over a failure to stop malfeasance, and Shui On Land’s stock surges on sterling… Read More>>

Mapletree CEO Hiew Yoon Khong

Mapletree to Invest $1.6B to Ensure Success of MCT-MNACT REIT Merger

2022/03/21 by Beatrice Laforga Leave a Comment

The managers of Mapletree Commercial Trust (MCT) and Mapletree North Asia Commercial Trust (MNACT) have sweetened their proposed S$4.22-billion ($3.1 million) merger deal by offering an all-cash option funded by their sponsor, amid a flurry of criticism of the plan… Read More>>

gille chow cppib

CPPIB Announces $160M Seoul Area Data Centre JV

2022/03/21 by Christopher Caillavet Leave a Comment

The Canada Pension Plan Investment Board has revealed its latest splash in Asia’s data centre market, announcing a KRW 200 billion ($160 million) joint venture to develop the largest carrier-neutral hyperscale data centre in South Korea.

The Jukjeon Data Centre… Read More>>

Melco Crown's Lawrence Ho

Lawrence Ho’s Black Spade SPAC Files for Listing on the HKEX

2022/03/21 by Christopher Caillavet Leave a Comment

A special-purpose acquisition company controlled by Melco Resorts & Entertainment boss Lawrence Ho has filed a preliminary prospectus for a listing on the Hong Kong stock exchange after the bourse’s first-ever SPAC got off to a shaky trading start last… Read More>>

Joseph Lau Chinese Estates (1)

Chinese Estates Reports $447M Loss for 2021 and More Asia Real Estate Headlines

2022/03/21 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, Joseph Lau’s Chinese Estates suffers a full-year loss tied to its Evergrande investments, a Singapore condo complex goes back on the market following Hong Kong developer Shun Tak’s exit from the deal, and… Read More>>

Sean Singh Logos

Logos, ADIA to Grow Australian Logistics JV to $3.6B in Value

2022/03/14 by Christopher Caillavet Leave a Comment

Industrial developer Logos has secured an additional equity commitment from the Abu Dhabi Investment Authority for their Australian logistics joint venture, with the Sydney-based builder saying the new cash will potentially expand the gross asset value of the JV portfolio… Read More>>

Phile Pearce ESR

ESR Secures Anchor Tenant for Melbourne Green Logistics Hub

2022/03/14 by Beatrice Laforga Leave a Comment

ESR Australia has kicked off development of a logistics project occupying a 79 hectare (195 acre) site in suburban Melbourne and secured France-based CEVA Logistics as an anchor tenant, according to its top official.

Best known as the shipping provider… Read More>>

victor li ck asset

CK Asset Sells UBS London Headquarters to Korea’s NPS for $1.6B

2022/03/14 by Christopher Caillavet Leave a Comment

Li Ka-shing’s CK Asset has completed the sale of its 5 Broadgate building in London to South Korea’s National Pension Service (NPS) for £1.21 billion ($1.57 billion), marking the UK capital’s biggest property deal in almost five years.

The developer… Read More>>

Dunman Road

Thousand Home Site Up for Tender in Singapore and More Asia Real Estate Headlines

2022/03/14 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, a development site expected to yield 1,040 homes goes up for sale in Singapore, Hong Kong’s finance chief digs in his heels as his rent deferral plan takes flak, and offices in Seoul’s… Read More>>

Ruban Kaneshamoorthy of Brookfield

Brookfield Buys Melbourne Site to Kick Off $370M Aussie Student Accommodation JV

2022/03/07 by Beatrice Laforga Leave a Comment

Brookfield Asset Management has entered the student accommodation market in Australia, kicking off its first development project in Melbourne under a portfolio that it aims to grow to over A$500 million ($370.5 million) as the country reopens its borders to… Read More>>

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