Apollo Global Management, which deployed $15.7 billion into real assets globally in 2022, has walked away from its equity strategy for Asian real estate after property investment deals in the region fell by more than a third during the first… Read More>>
SGX-Listed REIT Selling Underperforming Spanish Asset and More Asia Real Estate Headlines
The dismal outlook for an office property in sunny Barcelona leads today’s roundup of headlines from around Asia Pacific, with Singapore’s IREIT Global selling an office asset in the Spanish city. Also in the news, a 1970s Singapore housing project… Read More>>
Moody’s Goes Negative on China Credit Outlook and More Asia Real Estate Headlines
China’s decaying finances lead today’s review of real estate headlines from around Asia Pacific, with news that Moody’s is revising its outlook for the country’s credit. Singapore’s GIC also makes the list with a deal said to be in the… Read More>>
New World Construction Unit Buyout Approved and More Asia Real Estate Headlines
Hong Kong’s New World Group leads today’s review of real estate headlines from around the region, with the latest in its series of asset sales. Also making the list is Hillhouse expanding in Korea and US private equity heavyweights expanding… Read More>>
Korea’s KIC to Invest $150M in Apollo Fund and More Asia Real Estate Headlines
Korea’s growing presence on the global investment stage leads today’s roundup of headlines from around the region, with the country’s sovereign fund investing in a US private equity fund. Also in the news, Evergrande’s woes continue with a missed onshore… Read More>>
Sunac Pays Onshore Bond After Offshore Default and More Asia Real Estate Headlines
Sunac China Holdings showed its grasp of the politics of Chinese debt over the weekend, with the top-five mainland developer reportedly making payment on a local bond less than a week after defaulting on offshore notes. Also in the news,… Read More>>
R&F London Project Stalls as Workers Unpaid and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, workers desert a Guangzhou R&F project in London as contractor bills go unpaid, private equity firm Apollo acquires a stake in a Dalian Wanda-owned film production company, and the power struggle between Nam… Read More>>
Asia Real Estate People in the News 2021-10-04
Top level moves at some of the world’s largest money managers lead Mingtiandi’s collection of personnel changes this week with major appointments and renewals happening at UBS, Apollo Global Management and Korea Teacher Pension. Asia’s developer community are also on… Read More>>
Asia Real Estate People in the News 2021-09-20
Hong Kong’s Hysan Development has decided to invite its long-time COO to join the company’s board, and that move at one of the city’s largest commercial developers leads our roundup of personnel moves from around Asia this week.
Also in… Read More>>
GIC Acquiring $1.1B European Logistics Portfolio From Apollo Global Management
Singapore’s sovereign wealth fund GIC is ramping up its European logistics platform by agreeing to acquire a collection of 28 distribution facilities from Apollo Global Management for about €950 million ($1.1 billion). GIC said that it will integrate the Maximus… Read More>>