Deutsche Asset Management has sold Xiwang Tower, a grade A office building in the northeastern Chinese city of Dalian, to mainland financial services giant China Life. The asset management arm of Deutsche Bank disposed of the 40-storey, grade A tower… Read More>>
Savills IM Targets $500M for New Japan Fund and More Asia Real Estate Headlines
At the top of today’s news, a global real estate investment manager is seeking to raise $500 million for a new property fund targetting major cities in Japan, while another investment heavyweight has picked up an office building in downtown… Read More>>
Sanpower Selling House of Fraser After Launching Just Two Stores in Four Years
China’s Sanpower Group is poised to sell a majority stake in troubled UK retailer House of Fraser, less than four years after the Nanjing-based conglomerate bought an 89 percent interest in the department store chain.
Sanpower subsidiary Nanjing Cenbest (Nanjing… Read More>>
Shui On Sees Sales Slump in First Two Months of 2018 and More Asia Real Estate Headlines
At the top of today’s news, Shanghai-based Shui On Land didn’t sell off any projects in the first two months of the year, causing some dismal looking results for the Xintiandi developer. There’s better news in Singapore, which was ranked… Read More>>
Naked Group Hires Gaw Veteran to Build Real Estate Fund Management Biz – Exclusive
Premium co-working and resort operator naked Group is venturing into the fund management business by hiring a Gaw Capital veteran to head up a new investment team, the Shanghai-based start-up has revealed to Mingtiandi.
Jennifer Zhang has joined the firm… Read More>>
CLSA Links Up with Avignon for Europe Deals and More Asia Real Estate Headlines
Asian cross-border capital flows are at the top of the news again today, as Hong Kong-based CLSA is moving into Europe by partnering with a London-based asset management player. Singapore’s acquisitive sovereign wealth fund is making a slightly shorter trip… Read More>>
JLL Hotels & Hospitality Group Names Mike Batchelor Asia CEO
Property consultancy JLL has tapped hotel investment veteran Mike Batchelor to lead its Hotels & Hospitality Group as Asia CEO, based in Singapore. Batchelor, who has been Managing Director, Investment Sales Asia at the NYSE-listed brokerage since 2007, will succeed… Read More>>
Colliers Hires Joe Lin from CBRE To Head Asia Markets Business in Australia
A former managing director in CBRE’s Taiwan office has headed south to Sydney, as the distance between Asia and Australia continues to shrink for the region’s real estate investors.
Joe Lin has taken the newly created role of National Director… Read More>>
James Allan Takes Over Top Spot at JLL Indonesia, Todd Lauchlan to Run NZ Office
Global property brokerage JLL is making a key leadership change in Southeast Asia by naming James Allan as Country Head of its Indonesia business.
Allan, who jointly heads up JLL’s office leasing team in Shanghai with Anny Zhang, starts the… Read More>>
Korea IM Buys Brussels Office Complex for $454M and More Asia Real Estate Headlines
Leading today’s roundup, a Korean asset management firm is putting a diplomatic spin on outbound investment by picking up a pair of buildings in Belgium housing the country’s foreign ministry. Also in the news, Singapore’s collective sale fever rages on… Read More>>
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