Asia Pacific real estate investment news and information
Blackstone is said to have ended discussions over a potential HK$31 billion buyout of mainland commercial developer Soho China due to current market conditions undermining the feasibility of the deal.
The US fund management giant has pulled back its offer… Read More>>
South Korea’s Mirae Asset Management has sent a notice of termination to Dajia Insurance, formally scrapping its $5.8 billion acquisition of a portfolio of 15 high-end US hotels that the mainland group had taken over in the restructuring of troubled… Read More>>
Hong Kong’s unsettled property market leads the way in Mingtiandi’s roundup of Asia real estate headlines with the news that a major US bank has predicted that home prices in the city will rise by as much as ten percent… Read More>>
Baring Private Equity Asia has closed a $480 million commitment to a mainland China logistics joint venture, as the Hong Kong-based firm dials in on the accelerating appetite for warehouse space in the country.
Forest Logistics aims to build and… Read More>>
A Hong Kong family office has reportedly made its first solo property acquisition in London, defying the pandemic to snap up a commercial building next to oyster sauce maker Lee Kum Kee Group’s £1.3 billion ($1.6 billion) Walkie Talkie building.
In this week’s edition of People in the News, insurance giant Allianz has added a pair of new faces to its APAC team and Gaw Capital has taken on some new talent in Hong Kong.
In other moves around the… Read More>>
New World Development has made a pair of boardroom appointments that doubles its proportion of female directors to 25 percent, in a move that the Hong Kong developer says is intended to promote gender equality.
In an announcement released late… Read More>>
New World Development has listed for sale a Hong Kong commercial property at an asking price of HK$3 billion ($390 million), as the company looks to offload non-core assets, according to a person familiar with the matter who spoke to… Read More>>
Two key members of Aberdeen Standard Investment’s leadership team in Asia have left the company in the past two months, following an expansion of the asset manager’s footprint in the region over the past two years.
A company spokesperson confirmed… Read More>>
China’s Anbang Insurance is suing Korea’s Mirae Asset Management for failing to pay for the $5.8 billion acquisition of a portfolio of 15 high-end US hotels, after the coronavirus pandemic stalled financing for the transaction.
The nationalised mainland insurer filed… Read More>>
