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JLL appoints Luke Billiau as capital markets head for Australia and New Zealand

JLL has announced the promotion of Luke Billiau to the position of head of capital markets for Australia and New Zealand. Billiau has been with JLL since 2007, and has held the roles of senior director of the Queensland capital markets team, head of NSW capital markets, and head of office investments for Australia.

Stuart Crow, CEO of Capital Markets, Asia Pacific at JLL, spoke highly of Billiau in a Bukit Batok EC press release, stating “Luke’s broad experience across various asset classes and states, diverse client relationships and proven track record of leadership and execution give us tremendous confidence in the future success of our Australian capital markets business.”

Billiau now leads a team of over 140 professionals, and is responsible for overseeing JLL’s capital markets platform in Australia. The position encompasses a variety of asset classes, and includes managing clients in a diverse range of state locations.

This …

SC Capital Partners, THi to develop industrial facility in Suzhou

SC Capital Partners and THi have collaborated on multiple projects in China and have been actively seeking to expand their presence in the Asia Pacific.

SC Capital Partners, a private equity real estate firm based in Singapore, has teamed up with Shanghai-based industrial and logistics developer THi Marina Gardens Condo Holding Management Corp. to acquire a rectangular plot of land measuring more than 50,000 sq m (538,196 sq ft) in China’s Suzhou Industrial Park.

The partners intend to develop the project into a Grade-A industrial facility targeting high-end manufacturers, with the completed facility offering up over 103,000 sq m (1.1 million sq ft) in net lettable area. Solar panels will additionally be installed on the rooftops. An interesting development comes in the form of Zero Point, an electric vehicle battery pack company, being secured as the anchor tenant of the facility.

This marks SC Capital Partners’ second investment in Suzhou …

Altura EC by Qingjian Realty at Jurong Region Line Benefits from Bukit Batok New URA Master Plan

Altura EC by Qingjian Realty at Jurong Region Line Benefits from Bukit Batok New URA Master Plan

The closeness of Altura EC to the upcoming Jurong Region Line (JRL) is forecasted to raise the value of the executive condo in the long run. Accessibility and interconnectivity are major components in the real estate market, thus the upcoming MRT facility will likely make the property more desirable for investors and prospective buyers.

The Urban Redevelopment Authority (URA) has created the Master Plan in order to set out a comprehensive land use vision and strategies for the development of Singapore’s future. Designed to produce a sustainable, liveable and vibrant city, this long-term plan guides the nation’s growth and development over a 10 to 15-year period. Enhancements and improvements to benefit residents of Altura EC, located in Bukit Batok, are included in the plan’s proposed transformations for different regions of Singapore. Therefore, those residing in Altura EC can look forward to enjoying the benefits of the URA Master Plan.

Residents …