Asia Pacific real estate investment news and information
Chris Ailman plans to exit his longtime role as chief investment officer of the California State Teachers’ Retirement System, leaving a second CIO vacancy to fill at one of the Golden State’s massive pension funds.
Ailman is “ready to retire”… Read More>>
China Aoyuan has received court approval in Hong Kong for the Guangzhou-based developer’s offshore debt restructuring plan after securing sanction from judges in the Cayman Islands and the British Virgin Islands last month.
Aoyuan hailed the “major milestone” in a… Read More>>
Cushman & Wakefield has partnered with Mumbai-based Nuvama Asset Management on a fund management platform aiming to raise INR 30 billion ($361.4 million) to invest in prime office properties across India’s high-growth markets.
Dubbed NCW, the 50:50 JV of Cushman… Read More>>
Shanghai’s office leasing market saw core area absorption rebound in the fourth quarter of 2023 to reach 32,056 square metres (345,048 square feet), the highest reading of the year, but an influx of new supply boosted the Grade A vacancy… Read More>>
PAG has secured a $100 million capital commitment from an existing limited partner, the Teacher Retirement System of Texas, for the Asian private equity firm’s latest opportunistic real estate fund.
The investment in PAG’s Secured Capital Real Estate Partners VIII… Read More>>
BDx Indonesia on Tuesday announced plans to acquire the data centre portfolio of Jakarta-based Indosat Ooredoo Hutchison for IDR 2.63 billion ($170 million).
The portfolio of carrier-neutral co-location and edge facilities includes 10 strategic sites linked to six domestic and… Read More>>
Singapore’s property market felt the pressure of rising interest rates in 2023 with investment plunging 31.8 percent to S$21.1 billion ($15.9 billion), according to Knight Frank.
Residential deals, comprising mostly government land sales, amounted to S$10.3 billion or 47.7 percent… Read More>>
Despite credit downgrades, disappearing associates and an aborted mall IPO, Dalian Wanda kept its crown as China’s biggest commercial developer last year, and the race wasn’t close.
Dalian Wanda Commercial Management, the primary holding company for Wanda’s commercial and hospitality… Read More>>
The spectre of “illegal crimes” haunts China Evergrande once again, with authorities reportedly detaining an executive director of the troubled developer’s electric car unit.
Evergrande New Energy Vehicle “has learned that its executive director Mr Liu Yongzhuo has been detained… Read More>>
HSBC Asset Management has promoted Michael Cross to chief investment officer for Asia, with the longtime executive shifting from London to the UK finance giant’s Hong Kong office.
The new role is an expansion of Cross’s continuing commitment as global… Read More>>
