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James Hatton

Samuel WT Chu and Benjamin KY Lee

Phoenix Property Said to Delay Fund Closing to Boost Cap to Over $1B

2019/08/28 by James Hatton Leave a Comment

Phoenix Property Investors is said to have postponed the final closing of its latest opportunistic real estate fund to allow time to lock in more capital, after already hitting its $900 million target.

Sources cited by PERE said that a… Read More>>

Former Savills IM, MSREI Exec Pearce Sets Up Japan-Focused Advisory Firm

2019/08/28 by James Hatton 1 Comment

Savills Investment Management’s former head of asset management for Asia, Craig Pearce, has established a real estate investment consultancy firm, Nikota Capital.

Pearce is targeting Japan with his new advisory platform, primarily concentrating on assisting professional investors source, structure and… Read More>>

Chicago Intercontinental

Mirae Named Preferred Buyer for $5.5B Anbang Portfolio and More Asia Real Estate Headlines

2019/08/28 by James Hatton Leave a Comment

The latest chapter in the saga of a US hotel portfolio belonging to a naughty mainland insurer leads Mingtiandi’s roundup of real estate headlines today with the news that a South Korean financial services group has been named the… Read More>>

weijian shan PAG

PAG Said to Sign MOU to Buy Grand Hyatt Seoul for KRW 500B

2019/08/26 by James Hatton Leave a Comment

PAG has signed a memorandum of understanding with Hyatt Hotels Corporation to acquire the Grand Hyatt Seoul for approximately KRW 500 billion ($410 million), according to market sources cited in the Korea Economic Daily.

The investment management firm led by… Read More>>

CBRE Notches HK$916M Tai Tam Mansions Sale and More Agency Wins  Mingtiandi Broker Battle

2019/08/26 by James Hatton Leave a Comment

While things have grown quieter in Hong Kong’s normally buzzing real estate market, CBRE scored a win with the combined HK$916 million ($117 million) sale of two luxury houses overlooking Tai Tam Bay, one of which sold for over $HK100,000… Read More>>

Asia Real Estate People in the News 2019-08-26

2019/08/26 by James Hatton Leave a Comment

In this week’s edition of People in the News, 88-year-old Kushal Pal Singh has resigned as chairman of India developer DLF, while agreeing to carry on as a non-executive director, and M&G Real Estate establishes a presence down under with… Read More>>

Japan’s Mori Breaks Ground on JPY 580B Tokyo Project

2019/08/25 by James Hatton Leave a Comment

Urban developer Mori Building has broken ground on a JPY 580 billion ($5.4 billion) “city within a city” in central Tokyo, according to an announcement by the company.

The multi-purpose development, which will feature Japan’s tallest skyscraper, aims to transform… Read More>>

Singapore REIT Launches S$102M Offering to Fund Aussie Buy and More Asia Real Estate Headlines

2019/08/23 by James Hatton Leave a Comment

Australia leads the way in Mingtiandi’s roundup of real estate headlines today with the news that a Singapore-listed REIT has launched a preferential offering to raise funds to acquire a grade A office in Adelaide.

In other news around the… Read More>>

Jon-Paul Toppino pag

PAG Targets $2B for SCREP VII Opportunistic Fund

2019/08/23 by James Hatton Leave a Comment

Less than two years after raising $1.9 billion for Secured Capital Real Estate Partners VI fund (SCREP VI), Hong Kong-based alternative investment manager PAG has begun raising fund for its next opportunistic vehicle, according to market sources cited in a… Read More>>

Lee Shau Kee

Henderson Land H1 Property Revenue Plunges 68% and More Asia Real Estate Headlines

2019/08/22 by James Hatton Leave a Comment

Hong Kong’s property woes lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the developer founded by Kong Kong’s second-richest man has recorded a steep decline in revenue from its property business for… Read More>>

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