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Christopher Caillavet

Hines managing director and country head for India Amit Diwan

Hines to Develop $180M Gurugram Office Project With Indian Partner Pioneer Urban

2024/04/11 by Christopher Caillavet Leave a Comment

Hines has partnered with India’s Pioneer Urban to develop a Gurugram office property at a total project cost of INR 15 billion ($180 million), marking the latest addition to the US builder and fund manager’s portfolio in the northern commercial… Read More>>

Seletar Mall Singapore

Singapore Investment Volume Could Top S$25B in 2024: Cushman & Wakefield

2024/04/11 by Christopher Caillavet Leave a Comment

Total investment sales in Singapore’s real estate market could surpass S$25 billion ($18.5 billion) this year, up from S$19.2 billion in 2023, amid brighter economic prospects and growing confidence that interest rates have peaked, according to Cushman & Wakefield.

Investment… Read More>>

Martin Seol M&G

M&G Real Estate Sells Seoul Office Building to Korea’s Capstone AMC for $151M

2024/04/10 by Christopher Caillavet Leave a Comment

M&G Real Estate has completed the sale of the Icon Yeoksam office building in Seoul for KRW 204.3 billion ($151.4 million), with the British asset manager booking a 44 percent appreciation in value on the deal.

The divestment of the… Read More>>

SRE Group chairman Qin Guohui

China Minsheng’s SRE Group Selling 51% Stake in Shanghai Project for $470M

2024/04/10 by Christopher Caillavet Leave a Comment

SRE Group has agreed to sell its entire 51 percent interest in a Shanghai residential and commercial project for RMB 3.41 billion ($470 million) after putting the ownership stake up for bid nearly four years ago.

The transaction will put… Read More>>

151 Lor Chuan

Activist Investor Admits Errors in Sabana REIT Manager Fight in Settlement with ESR

2024/04/09 by Christopher Caillavet Leave a Comment

Activist investor Quarz Capital, which last year helped persuade investors in SGX-listed Sabana REIT to internalise the trust’s manager, now admits that the cost savings estimates it used to sell that campaign to investors were “incorrect and an error”.

Having… Read More>>

Fiera Capital head of Japan CJ Morrell

Fiera Capital Names CJ Morrell as Head of Japan

2024/04/07 by Christopher Caillavet Leave a Comment

The Land of the Rising Sun continues to climb in the estimation of overseas fund managers, with Fiera Capital becoming the latest to extend its reach with the appointment of CJ Morrell as head of Japan.

Morrell’s newly created role… Read More>>

Yang Huiyan Country Garden

Country Garden Services Executive Resigns, Share Option Scheme Cancelled

2024/04/07 by Christopher Caillavet Leave a Comment

Country Garden Services Holdings on Wednesday announced the resignation of an executive director and the cancellation of the company’s 2020-era share option scheme.

The property management arm of troubled Chinese developer Country Garden said Guo Zhanjun stepped down with immediate… Read More>>

Guoco Midtown

Singapore Downtown Office Rents Revived in Q1 to Reach 15-Year High: JLL

2024/04/04 by Christopher Caillavet Leave a Comment

After a brief slump in the second half of 2023, office rents in downtown Singapore jumped 1.3 percent on a quarterly basis in the first three months of 2024 to hit a 15-year high, according to JLL.

Gross effective rents… Read More>>

KKR partner Henry H McVey

KKR Partner Says It’s Only Halftime for China’s Housing Market Crisis

2024/04/04 by Christopher Caillavet Leave a Comment

China’s housing market correction may be just halfway complete, according to KKR partner Henry H McVey.

Rather than a typical correction in which housing reaches a floor as both price and volume collapse, the crisis in Asia’s biggest economy has… Read More>>

Hiroyuki Mochizuki, head of Japan at PIMCO Prime Real Estate

Allianz’s PIMCO Prime Appoints Hiroyuki Mochizuki as Head of Japan

2024/04/03 by Christopher Caillavet Leave a Comment

PIMCO Prime Real Estate has become the latest fund manager to add to its Japan team with the hiring of Hiroyuki Mochizuki as country head.

Mochizuki brings more than 20 years of professional experience in the real estate industry in… Read More>>

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