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Michael Cole

Chen Hongtian of Cheung Kei

Receivers Marketing London Office Tower Seized From Mainland Tycoon

2023/10/16 by Michael Cole Leave a Comment

Savills has kicked off a sales campaign for 5 Churchill Place in London, attempting to find a buyer for the Canary Wharf office tower seized from mainland tycoon Chen Hongtian, who had earlier defaulted on loans backed by the onetime… Read More>>

Li Changjiang CG Services

Asia Real Estate People in the News 2023-10-15

2023/10/16 by Michael Cole Leave a Comment

A top level change at Country Garden’s property management division leads today’s review of personnel changes across Asia’s real estate industry, with a board change at a Singapore REIT also making the cut. Additional moves include a management shuffle at… Read More>>

Koichiro Obu_014Pt

DWS Names Koichiro Obu Head of Japan Real Estate

2023/10/12 by Michael Cole Leave a Comment

DWS continues to add to its Asia Pacific leadership team with the investment management unit of Deutsche Bank announcing on Tuesday that it has promoted Koichiro Obu to head of real estate for Japan.

Obu is taking on the top… Read More>>

Tim Blackburn of Swire Properties

Swire Confirms $1.35B Investment in Pair of Pudong Development Projects

2023/10/11 by Michael Cole Leave a Comment

Just before heading off for China’s National Day holiday Swire Properties confirmed its purchase of stakes in a pair of mixed-use projects in Shanghai’s Pudong district from local government developer Lujiazui Group as it continues to expand its holdings in… Read More>>

Timothy Geithner Warburg Pincus

Warburg Pincus Raises $17.3B for Buyout Fund, Exceeds Target

2023/10/11 by Michael Cole Leave a Comment

US private equity giant Warburg Pincus said on Tuesday that it has closed on $17.3 billion in equity for its latest buyout fund, exceeding its target of $16 billion by more than 7 percent.

The New York-based firm said that,… Read More>>

Yang Huiyan Country Garden

Country Garden Hires Advisors as 17 October Default Deadline Looms

2023/10/10 by Michael Cole Leave a Comment

China’s largest developer appears to be preparing for default on more than $17 billion in offshore debt obligations as it approaches a 17 October bond payment deadline amid collapsing sales.

Country Garden Holdings alerted the Hong Kong stock exchange early… Read More>>

Teresa Zhuge of GLP

GLP Capital Partners Closes on $240M for China Value-Add Fund

2023/10/09 by Michael Cole Leave a Comment

GLP Capital Partners said on Monday that it has raised RMB 1.75 billion ($240 million) in fresh capital for a China value-add strategy, marking its second major closing for a mainland investment vehicle this year.

The fund management division of… Read More>>

Kenny Lam Link REIT

Manulife IM Welcomes Back Kenny Lam as CIO for APAC Real Estate

2023/10/09 by Michael Cole Leave a Comment

Manulife Investment Management on Monday confirmed that it has brought back Kenny Lam for a return engagement, who left the company in May last year to join Hong Kong’s Link REIT.

Lam began serving as chief investment officer and head… Read More>>

Chew Fook Aun - Lai Sun

Asia Real Estate People in the News 2023-10-09

2023/10/09 by Michael Cole Leave a Comment

The resignation of a veteran Hong Kong executive from a trio of directorships leads this week’s review of personnel moves from around the region, with leadership changes at Keppel Infrastructure Trust and Shenzhen’s Logan Group also making the list.

Read More>>

GIC chief executive Lim Chow Kiat (Getty Images)

GIC Buying Back India Business Park From Pimco Prime Partnership for $259M

2023/10/08 by Michael Cole Leave a Comment

GIC is returning to familiar territory with an agreement to acquire a southern India business park from a fund managed by Europe’s Pimco Prime Real Estate after being part of a partnership which sold the Hyderabad asset to that venture… Read More>>

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