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Christopher Caillavet

Hamish MacDonald BlackRock

BlackRock Promotes Hamish MacDonald to Head of APAC Real Estate as Saunders Exits

2023/12/14 by Christopher Caillavet Leave a Comment

BlackRock has promoted Hamish MacDonald to head of Asia Pacific real estate equity, succeeding 16-year veteran John Saunders, who is leaving the world’s largest asset manager.

While retaining his role as chief investment officer of APAC real estate equity, MacDonald will… Read More>>

Campfire co-founder Wang Tse

Ex-Campfire Boss, Mom Jailed for Scamming Partner in Hong Kong Mall Deal

2023/12/14 by Christopher Caillavet Leave a Comment

A co-founder of defunct Hong Kong co-working operator Campfire and his mother have each been sentenced to 30 months in prison for duping a business partner into paying a bogus commission fee on the acquisition of a Tsuen Wan community… Read More>>

Winnie Chiu FEC

Hong Kong’s Far East Consortium Promotes Third Generation to Director Roles

2023/12/13 by Christopher Caillavet Leave a Comment

The two eldest daughters of Far East Consortium boss David Chiu have received promotions, as the third generation advances at the Hong Kong-listed, family-controlled developer.

With effect from 1 January, 43-year-old Winnie Chiu and 40-year-old Wendy Chiu will serve as… Read More>>

Ap Lei Chau

Hong Kongers Grow Pessimistic on Residential Market: Citi Survey

2023/12/13 by Christopher Caillavet Leave a Comment

Just 13 percent of Hongkongers polled by Citi say it’s a good time to buy a home, down from 16 percent a year ago, the global bank said Tuesday.

The latest figure, based on data from 1,100 respondents in September,… Read More>>

Shan Weijian PAG

Wang Jianlin Hands Control of Wanda Mall Empire to PAG-Led Group to Settle Debts

2023/12/12 by Christopher Caillavet Leave a Comment

Once ranked as China’s richest man, Dalian Wanda boss Wang Jianlin is handing control of the mainland’s largest commercial developer to a creditor group led by Hong Kong private equity shop PAG after losing a bet that he could achieve… Read More>>

Lin Zhong, chairman of CIFI Holdings (Group), portrait photo taken in his office at One Pacific Place, Admiralty. 08SEP14

CIFI Buying Out Henderson Land’s Half-Stake in Shanghai HQ Project for $60M

2023/12/12 by Christopher Caillavet Leave a Comment

Mainland builder CIFI Holdings is buying out the 50 percent interest held by Hong Kong’s Henderson Land in a Shanghai residential and commercial project containing CIFI’s headquarters, with Henderson set to be paid RMB 428.2 million ($59.7 million) for the… Read More>>

Teresa Zhuge GLP

GCP Closes on $600M China Onshore Income Fund With Backing From Mainland Insurer

2023/12/04 by Christopher Caillavet Leave a Comment

GLP Capital Partners has closed on an onshore China income fund backed by a mainland insurer, with the vehicle’s total size including leverage amounting to RMB 4.3 billion ($600 million).

China Income Fund X marks the latest addition to an… Read More>>

Simon Greig of Charter Hall

Charter Hall Sells Melbourne Warehouse Complex to Barings for $62M

2023/12/01 by Christopher Caillavet Leave a Comment

Charter Hall’s Core Logistics Partnership has sold a suburban Melbourne warehouse to Barings for A$94.1 million ($62.2 million), with the proceeds to be redeployed into developing the Australian property investor’s existing land banks.

The property at 2-30 Saintly Drive in… Read More>>

Phil Pearce of ESR 1

ESR Buys Western Sydney Logistics Complex From M&G for $71M

2023/11/30 by Christopher Caillavet Leave a Comment

ESR has acquired a western Sydney logistics complex from M&G Real Estate for A$107 million ($70.8 million) as the APAC industrial specialist continues to bolster its Australian portfolio this year.

ESR picked up the two-building facility at Erskine Park industrial… Read More>>

Singapore Minister for National Development Desmond Lee

Singapore Pushes Land Sales for Long-Stay Rental Apartments in Policy Shift

2023/11/30 by Christopher Caillavet Leave a Comment

Singapore is now designating land for development of long-stay rental apartments, with Minister for National Development Desmond Lee announcing the first pair of sites to be sold under the new initiative in a speech on Wednesday.

Already on the Urban… Read More>>

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MTD TV

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