Tuan Sing completes SGD$ 140m Riverside Promenade acquisition

TUAN Sing has assumed ownership of the Fraser Residence River Promenade, a newly completed mixed-use precinct at Jiak Kim Street, along the Singapore River. The company bought the property in…

By Nelson Yap 1 Min Read

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Recent News

Swire unveils landmark Shanghai development

SWIRE Properties has teamed up with Lujiazui Group for a new mixed-use development in the heart of Shanghai’s Pudong New Area. The Lujiazui Taikoo Yuan project located in Yangjing Riverside,…

By Nelson Yap 4 Min Read

Robinsons Land and BCDA unveil landmark development in Taguig City

PHILIPPINES developer Robinsons Land Corporation (RLC) is planning to develop a prestigious mixed-use development in Taguig City in a partnership with the Bases Conversion and Development Authority (BCDA). Occupying a…

By Nelson Yap 2 Min Read

Princeton plugs into Yahoo data centre

WARBURG Pincus-backed digital infrastructure real estate developer Princeton Digital Group (PDG) has grown its footprint in Singapore. The company has purchased Yahoo’s Singapore data center facility, SG3, a 5,400 sqm…

By Nelson Yap 2 Min Read

Chinese developer R&F defaults on debt payment

PROPERTY developer Guangzhou R&F Properties is considering alternative solutions after missing the interest payments on it US$ 4.53 billion offshore bonds. R&F has missed three payments totalling US$ 147 million,…

By Nelson Yap 3 Min Read

Asia Property Journal Deal Watch

ASIA Property Journal’s weekly comprehensive wrap of property sales and leasing transactions across Asia.   Retail Hong Kong Shop A&B at Nos. 444 - 452 Des Voeux Road West, Hong…

By Nelson Yap 58 Min Read

Wheelock secures HK industrial for US$ 93m

DEVELOPER Wheelock Properties has acquired an industrial property on Hong Kong Island for HK$ 728 million (approximately US$ 93.46 million). The property was acquired via a compulsory auction. The Hop…

By Nelson Yap 1 Min Read

Singaporean owners mull stratification to meet rising demand

OFFICE and retail property owners in Singapore are increasingly considering the stratification of their assets to capitalise on the smaller businesses and private wealth groups-led demand. Knight Frank’s latest Singapore…

By Nelson Yap 40 Min Read

LHN sells car park to invest in co-living

REAL estate manager LHN has recycled its significant profit from a car park sale into Singapore’s burgeoning co-living sector. LHR has acquired Wilmer Place at 50 Armenian Street in 50:50…

By Nelson Yap 2 Min Read

Creditors sell Mumbai developer for US$ 32m

LISTED property developer Oberoi Realty has received approval to buy Mumbai-based Nirmal Lifestyle Realty from creditors for Rs 273 crore (approximately US$ 32.51 million). The Mumbai Law Tribunal approved the…

By Nelson Yap 1 Min Read

Nomura shows confidence in Hokkaido tourism market

THE Nomura Real Estate Master Fund has snapped up a prime hotel in Hokkaido, as Japan’s tourism industry aims to welcome 60 million international visitors by the end of the…

By Nelson Yap 2 Min Read

Macquarie acquires Seoul data centre for US$530m

MACQUARIE Asset Management, the world’s largest infrastructure manager, is increasing its exposure in digital infrastructure with the acquisition of a data centre in South Korea for KRW 734 billion (approximately…

By Nelson Yap 4 Min Read

FILRT reaches sustainability milestone

PHILIPPINES’ Filinvest REIT (FILRT), continues to lead the way in sustainability, announcing that 16 out of its 17 buildings, comprising 94% of its portfolio, are now fully powered by renewable…

By Nelson Yap 1 Min Read

Asia Pacific capital markets turning the corner

COMMERCIAL real estate investment volumes have recovered from the 2023 downturn. According to JLL’s data, CRE volumes increased by 2% over the 12 months to Q2 2024 totalling US$ 27.3…

By Nelson Yap 5 Min Read

Industrial and logistics J-REITs getting married

INDUSTRIAL and logistics J-REITs, the Mitsui Fudosan Logistics Park and Advance Logistics have announced a merger to create a US$ 4 billion entity. Under the proposal Mitsui Fudosan Logistics Park…

By Nelson Yap 3 Min Read

Evergrande sues founder and executives to recover $6bn

CHINA Evergrande, the world’s most indebted property developer and under liquidation, is taking legal action against its founder and former executives, in a bid to recover US$ 6 billion. Evergrande…

By Nelson Yap 3 Min Read
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