Hong Kong private equity shop Gaw Capital Partners has agreed to sell the Cross Tower, a 24-storey commercial building in Shanghai, to a mainland real estate fund for a price believed to be RMB 2.66 billion ($402 million).
Gaw is… Read More>>
Asia real estate and outbound investment news
Hong Kong private equity shop Gaw Capital Partners has agreed to sell the Cross Tower, a 24-storey commercial building in Shanghai, to a mainland real estate fund for a price believed to be RMB 2.66 billion ($402 million).
Gaw is… Read More>>
A Blackstone property fund is buying back a 10 percent stake in European warehouse platform Logicor, which the private equity giant sold to China Investment Corporation (CIC) for $13.8 billion earlier this year, according to a news report.
CIC, China’s… Read More>>
Singapore plays a big role in this week’s People in the News, with an agency veteran joining a corporate real estate firm based in the city-state, while a professional at a leading business park developer gets a promotion. Meanwhile, a… Read More>>
US co-working giant WeWork has leased an entire grade A office building in downtown Shanghai, where the $20 billion startup will open its largest-ever shared office centre.
The take-up of the 27,000 square metre tower in the China Overseas International… Read More>>
US-based real estate investment firm LaSalle Investment Management has wrapped up construction on its first project in South Korea, a modern logistics warehouse in Icheon City, south of Seoul.
The 467,207 square foot (43,405 square metre), multi-storey facility, called Logiport… Read More>>
Norway’s sovereign wealth fund is making its first foray into Asian real estate, by buying a majority stake in a set of five retail and office properties in Tokyo for 92.75 billion yen ($823 million).
Norges Bank Investment Management (NBIM),… Read More>>
The Canada Pension Plan Investment Board (CPPIB) is expanding its Asia logistics partnership with Australia’s Goodman by investing HK$1.94 billion ($248 million) in a Hong Kong warehouse development scheme first established by the Australian builder in 2006.
The investment will… Read More>>
Chinese developer Cheung Kei Group has made its second London real estate play by buying a Canary Wharf office building for £270 million ($363 million), adding another deal to this year’s surge of Asian investment in the city.
The Shenzhen-based… Read More>>
APG Asset Management has hired Graeme Torre as Head of Private Real Estate, Asia Pacific, based in Hong Kong. Torre also now serves on the board of APG Investments Asia Limited and APG Asset Management’s global real estate management team,… Read More>>
Global property brokerage Colliers International is turning to new leadership in a key Southeast Asia market, by appointing Richard Raymundo as managing director for the Philippines, effective January 1.
Raymundo succeeds David Young, who has headed the company’s business in… Read More>>