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Michael Cole

pb6 GIC

Singapore’s GIC Buys Paris Office Tower for Reported €530M

2019/10/20 by Michael Cole Leave a Comment

Singapore’s sovereign wealth fund has made a fresh shopping trip to Paris, picking up yet another commercial tower in the City of Light.

GIC, which has over $100 billion in assets under management, announced on Friday that it has acquired… Read More>>

Loretta Ng

M&G Investments Names Loretta Ng as Head of Asia

2019/10/16 by Michael Cole Leave a Comment

M&G Investments, a unit of UK-based M&GPrudential has appointed Loretta Ng as its new head of Asia, according to an announcement by the company.

Ng takes over her new role in Singapore starting on 1 November as she joins the… Read More>>

masayoshi son

Softbank in Talks to Take Control of WeWork in Bailout

2019/10/14 by Michael Cole Leave a Comment

Weeks after the failure of what had been expected to one of 2019’s biggest initial public offerings, WeWork is reported to be scrambling for a multi-billion dollar bailout package as media reports indicate the office sharing giant could run out… Read More>>

paul wright taubman

Mall Developer Taubman Asia Names Paul Wright as President

2019/10/12 by Michael Cole Leave a Comment

US shopping centre REIT Taubman Centers has named veteran Paul Wright as the new president of its Asian operation, according to a statement by the company on Friday.

Wright, who first joined Hong Kong-based Taubman Asia in 2006, takes over… Read More>>

Embassy-Industrial-Park3

Warburg Pincus India Logistics JV Plans $300M Expansion and More Asia Real Estate Headlines

2019/10/09 by Michael Cole Leave a Comment

Stories from the world of warehouses lead Mingtiandi’s list of real estate headlines today as an industrial developer backed by India’s Embassy Group and New York-based Warburg Pincus announces plans to build more sheds in India.

At the same time,… Read More>>

kevin lee starwood

Starwood Capital Hires Lone Star Veteran to Head Asia Real Estate Business

2019/10/08 by Michael Cole Leave a Comment

Private equity investor Starwood Capital has brought on board a new lead executive for its property business in Asia, Mingtiandi has learned.

Kevin Lee, formerly a Managing Director with Lone Star Funds based in Tokyo, joined Starwood last month in… Read More>>

ritesh agarwal oyo

Softbank-backed Oyo Hotels Raising $1.5B to Expand into US, Europe

2019/10/07 by Michael Cole Leave a Comment

Indian hospitality group Oyo Hotels and Homes today announced that it is raising $1.5 billion to continue its expansion into the US, Europe and other global markets.

25-year-old Oyo founder Ritesh Agarwal is leading the financing round with support from… Read More>>

Daniel Ding_tb

Knight Frank Singapore Names Former Soilbuild CEO to Investment Team

2019/10/07 by Michael Cole Leave a Comment

Knight Frank Singapore has appointed the former head of a Singapore-listed construction firm as a senior member of its investment services team in the city state, according to a press release from the company.

Daniel Ding, former CEO of Soilbuild… Read More>>

Kazuyuki Sasaki

Asia Real Estate People in the News 2019-10-07

2019/10/07 by Michael Cole Leave a Comment

Changes at WeWork lead this week’s edition of Asia Real Estate People in the News, with the financially challenged co-working giant already seeing changes in its leadership in the region following its failed IPO attempt.

Reports surfaced late last week… Read More>>

William Tay Ascendas

Frasers-ESR Sell Melbourne Office Project to Ascendas REIT for A$111M

2019/10/06 by Michael Cole Leave a Comment

Singapore-listed Ascendas REIT will soon be adding a fourth Australian office property to its portfolio after the real estate investment trust’s manager announced last week that it had agreed to acquire a Melbourne development project.

Ascendas Funds Management, a unit… Read More>>

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