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Jesus Alcocer

Goldman-Backed Office Startup Atlaspace Hires New Head for Hong Kong

2019/02/18 by Jesus Alcocer Leave a Comment

Goldman Sachs-backed co-working operator Atlaspace has announced the appointment of Wilma Wu as the head of its Hong Kong operation, as mainland flexible office players set their sights on the city.

The company’s new leadership comes five months after the… Read More>>

jack Ma

Alibaba Said in Talks to Buy Stake in German Retailer Metro’s China Stores

2019/02/17 by Jesus Alcocer Leave a Comment

Alibaba is in talks to acquire a portion of the China operations of German retailer Metro, according to a Thursday report by Reuters, as the company that handles nearly 60 percent of China’s online shopping continues to look for ways… Read More>>

Miguel Ko Ascendas-Singbridge

Mitsui Buys 45% of Ascendas-Singbridge Shanghai Assets

2019/02/14 by Jesus Alcocer Leave a Comment

Singapore’s Ascendas-Singbridge announced on Thursday that it has inked a deal with Mitsui & Co to sell 45 percent of its Ascendas Innovation Place and Ascendas Plaza projects in Shanghai to the Japanese conglomerate.

Mitsui acquired its stake in the… Read More>>

Suntec City Singapore

ARA Sells Six Floors in SG’s Suntec City to Alpha for S$160M

2019/02/14 by Jesus Alcocer Leave a Comment

ARA Asset Management on Thursday announced the sale of six office floors in Suntec City to Alpha Investment Partners, a subsidiary of Keppel Capital, for S$160 million ($117.8 million), in one of Singapore’s most expensive office sales in the past… Read More>>

Yang Xiaoping

China Minsheng Investment Names CP Exec as Co-Chair After Bond Default

2019/02/13 by Jesus Alcocer Leave a Comment

China Minsheng Investment Group (CMIG), the country’s largest privately owned investment group, on Monday appointed Charoen Pokphand Group vice chairman Yang Xiaoping as its new co-chairman, after corruption investigations into its previous directors left a leadership gap that may have… Read More>>

CBRE Reshuffles SE Asia Management Team Amid Global Restructuring

2019/02/13 by Jesus Alcocer Leave a Comment

Real estate consultancy CBRE on Tuesday announced a reshuffle of its top leadership in Southeast Asia, as the firm shakes up its ranks in response to a global corporate restructuring first announced late last year.

Pauline Goh, who has served… Read More>>

Stuart Jackson, infrared NF

InfraRed NF, SG’s Metro Holdings Pour $92M Into Fullsun Int’l Mainland Projects

2019/02/12 by Jesus Alcocer Leave a Comment

Private equity real estate investment firm InfraRed NF and a subsidiary of Singapore-listed Metro Holdings closed a $92.2 million mezzanine financing deal with Hong Kong-listed developer Fullsun International, a subsidiary of Fuzhou-based developer Fullsun Group.

The structured-debt deal by the… Read More>>

Embassy's Jitu Virwani

KKR Invests $102M in Embassy Group’s Latest India Office Project

2019/02/12 by Jesus Alcocer Leave a Comment

Private equity giant KKR this week announced an INR 7.25 billion ($102.5 million) investment a premium office complex by Bangalore-based developer Embassy Group in the Indian firm’s tech-driven home town.

KKR is backing an Embassy project to develop one million… Read More>>

Jeffrey Perlman warburg pincus

Indonesia’s NWP Retail Raises $200M From KTCU, CITIC and Warburg Pincus

2019/02/11 by Jesus Alcocer Leave a Comment

Indonesian mall developer and operator NWP Retail on Monday announced that it had received $200 million in investment from the Korean Teacher’s Credit Union (KTCU) and a fund managed by CITIC Securities, as well as from its primary backer, Warburg… Read More>>

Japan’s Mori Backs HK Hospitality Investment Firm

2019/02/10 by Jesus Alcocer Leave a Comment

A unit of Mori Building Co, Japan’s largest privately owned developer, is investing in Conduit House, a private equity firm specialising in hospitality projects, according to an announcement by the Hong Kong-based firm late last month.

Mori Hospitality is investing… Read More>>

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