Tokyo Trust Capital is fortifying its Japan business as the company brings on board a former BlackRock and GE Capital Real Estate executive to help lead its operations in the country.
Chris Handte, who spent more than seven years with… Read More>>
Bargain Leases Bring August Thaw to Hong Kong Office Market
After a year-long streak of nearly endless contraction, Hong Kong’s office market crawled into positive territory last month in terms of net area leased, with tenants taking up 229,800 square feet (21,349 square metres) more than they gave up, thanks… Read More>>
GLP Launches Global Data Centre Business as Ada Infrastructure
GLP announced this past week that it has launched a new business, based on its growing data centre assets and operations, to provide digital infrastructure for hyperscale companies and large enterprises.
Branded as Ada Infrastructure, the new company is being… Read More>>
ESR Adds Logistics Site Near Western Sydney Airport Project for $45M
Industrial specialist ESR is adding to its Australian pipeline with the acquisition of a site near the future Western Sydney airport for A$70 million ($45 million).
With 4.1 million square metres (44 million square feet) of warehouse space already developed… Read More>>
Asia Real Estate People in the News 2023-09-25
A top level change at a North American pension fund manager leads this week’s collection of personnel moves from around the region with a board shift at China Resources Land also making the list. Manulife US Real Estate Investment Trust… Read More>>
Knight Frank Names Craig Shute Greater China CEO, Brunner on Leave
Knight Frank has named new leadership for its Greater China business bringing former JLL and CBRE executive Craig Shute back to Hong Kong for a return engagement.
Shute will take over as chief executive for Greater China at the property… Read More>>
Evergrande Cancels Bondholder Meeting, Shelves $35B Restructuring Plan
With China’s government rolling out measures to bail out the country’s property sector, China Evergrande Group may have knocked out any rebound in investor confidence with a pair of announcements this weekend which could see the former number two developer… Read More>>
Logos Inks Deal with TEPCO to Develop 100MW APAC Power Network
Industrial specialist Logos has taken another step toward becoming a regional renewable energy provider through a deal with Tokyo Electric Power to establish an Asia Pacific solar generation platform.
In a joint announcement on Friday with its Japanese partner Sydney-based… Read More>>
PAG Buying Perth Mall From CPPIB-Backed Fund After Price Slides 25%
Asian private equity powerhouse PAG has made its second opportunistic property purchase in Australia within less than two months with the pick-up of Perth mall for a figure said to be around a quarter less than what its owners were… Read More>>
TPG Upgrades Asia Managing Partner Sarvananthan to Lead Middle East Expansion
US private equity giant TPG announced this week that it has appointed Ganen Sarvananthan, one of the managing partners for its Asia business, to lead its expansion in the Middle East.
The company said the appointment comes after significant growth… Read More>>
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