In this week’s People in the News, Credit Suisse Asset Management brings in some new blood, CBRE gets a new head for its Workplace Centre of Excellence, and the world’s most famous ready-to-assemble furniture group names its new President of… Read More>>
Bunny Wang Joins Brokerage Core Capital Asia in Shanghai
Core Capital Asia, the boutique real estate investment advisory firm founded by veteran broker Mark Suchy, has added some depth to its leadership with the appointment of Shanghai native Bunny Wang as Senior Director.
Wang will focus primarily on assisting… Read More>>
Gaw Buys Tokyo Office Tower From Sonny Kalsi’s GreenOak for JPY 84B
Hong Kong private equity firm Gaw Capital Partners has acquired a 13-storey office tower in Tokyo’s posh Aoyama area, the company confirmed in a conversation with Mingtiandi today without revealing financial details of the transaction.
Gaw, which manages real estate… Read More>>
CLSA, Morgan Stanley Vet Kevin Kow Joins Warburg Pincus Indonesia Venture
Warburg Pincus-backed Indonesian shopping mall developer NWP Retail announced on Tuesday that it had appointed former CLSA and Morgan Stanley executive Kevin Kow as its new chief investment officer.
In his new role, Kow, who is said to have been… Read More>>
WeWork Said Leasing Six Floors in TST as Hong Kong Expansion Continues
US co-working unicorn WeWork still has its foot on the gas in Hong Kong with local news sources saying the flexible space startup has just taken on six new floors in Wharf’s Harbour City complex near the Star Ferry terminal… Read More>>
Asia Real Estate People in the News 2019-04-01
In this week’s edition of People in the News, Lippo boss Stephen Riady has been made a trustee of non-profit Asia Society, while a long-time banking executive has joined the Shenzhen company once notorious for a failed corporate raid on… Read More>>
ARA Boosts Down Under Assets with A$97M Brisbane Office Buy
Warburg Pincus-backed ARA Asset Management announced on Friday that it had acquired a commercial block in the central business district of Brisbane for a reported A$96.5 million ($68.8 million), in the latest in a series of big-ticket investments down under… Read More>>
Wing Tai and Hong Leong-CDL JV Top Bidders for S$875M Pair of Singapore Sites
Developers in tropical Singapore kept their cool at a couple of land tenders last week with a site near Bugis, at the fringe of downtown bringing 10 offers, while a second plot in the Geylang red light district attracted only… Read More>>
GIC Takes 25% Stake in €2B European Hotel Group CitizenM
Singaporean sovereign wealth fund GIC announced last week that it had secured a 25 percent stake in the €2 billion ($2.25 billion) European hotel owner-operator citizenM.
The investment makes GIC the third prong in a trio of shareholders now in… Read More>>
Property Blue Blood Adrian Cheng Gets Cozy with Pop God Pharell Williams
Property aristocracy rubbed shoulders with pop royalty in Hong Kong earlier this week when Adrian Cheng schmoozed with superstar Pharrell Williams at the pre-launch unveiling of K11 ARTUS, the real estate scion’s brand of serviced apartments for cultural creatives at… Read More>>