A senior-level promotion at the world’s largest private equity firm leads this week’s review of personnel moves from around Asia, with Blackstone promoting a top member of its Singapore-based team. Also making the cut is Partners Group losing its head… Read More>>
UBS AM Bets Big on Japan Multi-Family With $230M Tokyo Development Project
UBS Asset Management has launched a multi-family development project in east-central Tokyo that is expected to be worth $230 million upon completion, as Japan’s red-hot rental residential market continues to soak up foreign capital.
The project in Koto ward’s Kiba… Read More>>
KKR to Buy Japanese Fund Manager From Mitsubishi-UBS JV for $2B
Private equity giant KKR has become the latest global investor to upscale in Asia after agreeing to buy a Japanese REIT manager held jointly by Mitsubishi Corporation and UBS Asset Management for $2 billion.
KKR will acquire the outstanding shares… Read More>>
Mitsubishi-UBS Japan JV Said Valued at $1.7B and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, real estate manager Mitsubishi Corp-UBS Realty reportedly contemplates putting itself up for sale, South Korea’s POBA invests in US multi-family assets alongside a California pension fund, and Hong Kong developer Swire Properties reaps… Read More>>
SG Private Home Sales Jump 165% in One Year and More Asia Real Estate Headlines
At the top of today’s headlines, Singapore’s housing market has rebounded with a 165 percent jump in the volume of private housing sold compared to a year ago. The housing sales surge has led to what could be the island… Read More>>
UBS AM to Manage $176M ADIC Investment in Singapore Industrial Projects
The real estate investment wing of Swiss financial giant UBS is set to manage S$250 million ($176 million) in investment into industrial real estate projects in Singapore on behalf of Abu Dhabi Investment Corporation (ADIC), according to a recent statement… Read More>>
Derek Lai Joins UBS Asset Management’s Real Estate Team in Hong Kong
UBS Asset Management’s Global Real Estate division has appointed Derek Lai as Senior Portfolio Manager, to be based in Hong Kong.
In his new role, Lai will be responsible for defining and implementing strategic initiatives in the region for an… Read More>>
Real Estate Investment Pros Gather in Shanghai This Week
A conference bringing together real estate investment professionals from across Greater China is being held in Shanghai this week to discuss trends in China’s real estate investment market, including opportunities in the senior living market, how to structure investment funds… Read More>>
Real Estate Industry Association APREA Launches in China
The Asia Pacific Real Estate Association (APREA), a property industry non-profit group which promotes real estate investment as an asset class, announced on May 30th the establishment of the APREA China Chapter, its ninth in the region.
In a statement,… Read More>>