Warehouses are rapidly being transformed from simple sheds to multi-purpose fulfilment centres, with developers and operators rapidly adding new tech systems to meet the needs of e-commerce platforms, according to a trio of experts who will be appearing on MTD… Read More>>
Asia Real Estate People in the News 2021-01-25
The new year has brought a flood of personnel moves across Asia Pacific’s real estate community, including board level appointments at listed giants in Singapore and mainland China. With the COVID-19 pandemic transforming offices, there are also a pair of… Read More>>
Logos Launches $371M Malaysian Project in Southeast Asia Expansion
Warehouse developer and fund manager Logos continues to expand its footprint in Southeast Asia, with an announcement this past week revealing that the company has agreed to begin building one of Malaysia’s largest distribution centres.
The ARA Asset Management-controlled firm… Read More>>
Knight Frank Taps Candy Zhao for China COO Job
Property consultancy Knight Frank this week announced the appointment of Candy Zhao as chief operating officer for China, based in its Shanghai office.
Zhao will lead the agency‘s mainland business services teams, including finance, HR, office administration, IT, marketing, legal… Read More>>
Eagle Hospitality Trust Hotels Declare Bankruptcy as Singapore REIT Collapses
Eagle Hospitality Trust took another step towards liquidation today as the Singapore-listed REIT revealed that 27 entities within its portfolio have filed for bankruptcy in the US.
In a filing to the SGX, DBS Trustee, which is looking after the… Read More>>
Allianz Fund Buys Stake in SG Tower for $477M, Picks Up Shanghai Office Complex
Allianz Real Estate has moved forward with a deal to acquire a half-stake in one of Singapore’s flagship office properties in a bet on the long-term health of the city’s core office market.
The property investment arm of the European… Read More>>
Asia Real Estate People in the News 2021-01-18
Leading this week’s roundup of personnel changes in Asia’s real estate community is a director shift at Logan Group, a Shenzhen-based developer which has been expanding its operations into Hong Kong. Also making some leadership changes is India’s Lodha Group,… Read More>>
Lian Beng Consortium Buying Breadtalk HQ in Singapore for $88.7M
Financial stress on one of Singapore’s best known retail groups has turned into a real estate investment opportunity as a consortium led by Lian Beng Group is picking up the headquarters of debt-laden bakery chain Breadtalk.
SGX-listed Lian Beng, which… Read More>>
GLP Raises Additional €500M for European Core Logistics Fund
Warehouse giant GLP has exceeded expectations for its latest European investment vehicle with Asia’s largest logistics developer announcing on Friday that it had raised an additional €500 million ($604 million) for the core strategy.
The Singapore-based firm has now brought… Read More>>
KKR Announces $1.7B Final Closing for First Dedicated Asia Real Estate Fund
Around two years after kicking off its first dedicated vehicle for investing in Asian real estate, US private equity firm KKR has exceeded its original goals for the opportunistic venture.
The New York-based fund manager has completed fund raising for… Read More>>
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