In today’s roundup of regional news headlines, Asia’s biggest listed property trust gets a strong response to its rights issue, and troubled mainland China developer Shimao puts a Hong Kong hotel up for sale as it struggles to pay down… Read More>>
Mansion on Hong Kong’s Peak Eyes Asia Price Record and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a mainland buyer circles a Hong Kong mansion for a potential record-breaking deal, and Evergrande’s restructuring plan receives lukewarm reviews.
Barker Road Mansion Set to Sell for Record Price Per… Read More>>
Singapore’s CDL Buys Brisbane Hotel From Brookfield for $119M
City Developments Ltd has agreed to buy a five-star hotel in central Brisbane from Canada’s Brookfield Asset Management for A$177.7 million ($119 million), as Australia continues to attract Singaporean investors.
CDL, through a joint venture equally owned by its Millennium… Read More>>
Asia Real Estate People in the News 2023-03-20
Senior changes at developers in Hong Kong and mainland China lead this week’s review of personnel changes in Asia, with CK Asset saying farewell to a long-time executive director and Dalian Wanda’s mall unit losing its chairman and president. Also… Read More>>
CDL Completes $468M Buy of London Mixed-Use Complex From Blackstone
Singapore’s City Developments Ltd has completed its purchase of the St Katharine Docks complex in central London from funds advised by Blackstone for £395 million ($468.2 million).
The property spans more than 500,000 square feet (46,450 square metres) of office,… Read More>>
City Developments Delivers Earnings Surge and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore giant City Developments Ltd rides the hospitality recovery to an upbeat earnings report, and Chinese data centre operator GDS contemplates a stake sale after a reported data breach.
CDL’s… Read More>>
EY Walks Away From Auditing Mainland Developer and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, mainland developer DaFa announces the resignation of its auditor, and HSBC’s CEO offers an upbeat take on China’s beleaguered property sector.
EY Resigns as DaFa Auditor Over 2022 Results Dispute… Read More>>
Singapore’s CDL in Talks To Buy London Complex From Blackstone for Reported $496M
Singapore’s City Developments Ltd is in exclusive negotiations to purchase the St Katharine Docks complex in London from Blackstone at a reported price of nearly £400 million ($495.7 million) as the American private equity titan says it is facing a… Read More>>
CDL Buys 5 UK Student Housing Assets for $266M
City Developments Ltd has beefed up its student housing portfolio in the UK with the acquisition of five properties for £215 million ($266.5 million), as the asset class continues to attract Singaporean investors to Britain and continental Europe amid a… Read More>>
Asia Real Estate People in the News 2022-12-05
A director change at a Singapore-listed REIT leads this week’s collection of personnel moves from around the region, as Singapore’s CDL sees the departure of its chief investment officer. There’s also a new finance boss at Hong Kong-listed Kerry Properties,… Read More>>
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