Asia real estate and outbound investment news
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>>
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>>
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>>
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>>
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>>
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>>
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>>
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>>
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>>
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>>
