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Ruban Kaneshamoorthy of Brookfield

Brookfield Acquiring Brisbane Hotel for $58M as APAC Hospitality Sector Shines

Ruban Kaneshamoorthy of Brookfield

2024/12/05 by Michael Cole Leave a Comment

Brookfield Asset Management is expanding its bets on hospitality in Asia Pacific with the Canadian giant announcing on Thursday that it has agreed to acquire a hotel in Brisbane, Australia.

The Toronto-based firm is buying the Hotel X Brisbane Fortitude… Read More>>

Brookfield Asset Management is expanding its bets on hospitality in Asia Pacific with the Canadian giant announcing on … Read more>>>

Starwood Capital chairman and CEO Barry Sternlicht (Getty Images)

ESR Buyout Consortium Makes $7.1B Binding Offer

Starwood Capital chairman and CEO Barry Sternlicht (Getty Images)

2024/12/05 by Michael Cole Leave a Comment

A consortium of investment firms including Starwood Capital, Sixth Street Partners, SSW Partners, the Qatar Investment Authority and Warburg Pincus has made a binding offer to buy out ESR which values the industrial developer and fund manager at nearly $7.1… Read More>>

A consortium of investment firms including Starwood Capital, Sixth Street Partners, SSW Partners, the Qatar Investment … Read more>>>

Masatomo Okamoto,head of Japan at AM Alpha

Germany’s AM Alpha Sells Newly Built Tokyo Apartments as Rents Rise

Masatomo Okamoto,head of Japan at AM Alpha

2024/12/03 by Christopher Caillavet Leave a Comment

AM Alpha has sold a newly completed rental apartment building in eastern Tokyo, marking the German family office’s second multi-family divestment in the last five months as the firm seeks new investment opportunities.

The 15-storey Alpha Prime Kameido in the… Read More>>

AM Alpha has sold a newly completed rental apartment building in eastern Tokyo, marking the German family office’s … Read more>>>

Namgoong Hoon Mastern

Korea’s Mastern Sells Central Seoul Office Tower to NH REITs for $653M

Namgoong Hoon Mastern

2024/12/03 by Christopher Caillavet Leave a Comment

Mastern Investment Management has completed the sale of a four-year-old office building in Seoul’s central Jongno district to NongHyup REITs for $653 million.

The transaction of D-Tower Donuimun is 2024’s biggest deal closing in the Seoul central business district and… Read More>>

Mastern Investment Management has completed the sale of a four-year-old office building in Seoul’s central Jongno … Read more>>>

Weave Living founder and CEO Sachin Doshi

Weave Living Reunites With KKR to Add 3,000 Rental Units in Japan

Weave Living founder and CEO Sachin Doshi

2024/11/28 by Christopher Caillavet Leave a Comment

Building on their partnership in South Korea’s rental housing market, Weave Living and investment giant KKR have teamed up once again on a multi-family programme aiming to assemble a portfolio of more than 3,000 units in Japan.

The venture is… Read More>>

Building on their partnership in South Korea’s rental housing market, Weave Living and investment giant KKR have teamed … Read more>>>

KKR Japan CEO Hiro Hirano

KKR Japan REIT Buying Nagoya Office Block for $64M

KKR Japan CEO Hiro Hirano

2024/11/28 by Christopher Caillavet Leave a Comment

KKR’s Tokyo-listed commercial REIT has agreed to acquire a 14-storey office building in central Nagoya for JPY 9.7 billion ($64 million).

Japan Metropolitan Fund is picking up the building known as Glass City Sakae in Nagoya’s Sakae business district at… Read More>>

KKR’s Tokyo-listed commercial REIT has agreed to acquire a 14-storey office building in central Nagoya for JPY 9.7 … Read more>>>

Chen Hongtian of Cheung Kei

Receivers Sell Former Cheung Kei Hong Kong HQ at 62% Off as Banks Take Haircut

Chen Hongtian of Cheung Kei

2024/11/27 by Kevin He Leave a Comment

Hong Kong Metropolitan University (HKMU) has agreed to buy a Kowloon office building that once served as the Hong Kong headquarters building of defaulted mainland property firm Cheung Kei Group, after the asset lost nearly two thirds of its value… Read More>>

Hong Kong Metropolitan University (HKMU) has agreed to buy a Kowloon office building that once served as the Hong Kong … Read more>>>

David Warneford Hines

Hines Affirms Commitment to Aussie Living Sector After BTR Sites Put Up for Sale

David Warneford Hines

2024/11/26 by Christopher Caillavet Leave a Comment

Hines has made a strategic shift from developing Australian rental residential assets in favour of purchasing properties with near-term income potential, the US developer and fund manager said Tuesday, after local media suggested the company was retreating from the build-to-rent… Read More>>

Hines has made a strategic shift from developing Australian rental residential assets in favour of purchasing properties … Read more>>>

Gale Well vice chairman and CEO Jacinto Tong

Hong Kong’s Gale Well Group Marketing $202M Portfolio as Founder Calls for a Time Out

Gale Well vice chairman and CEO Jacinto Tong

2024/11/26 by Kevin He Leave a Comment

Hong Kong-based property investment firm Gale Well Group in the last two months has put up for sale a set of properties worth around a combined HK$1.6 billion ($202 million), as the privately held company’s founder declares plans to take… Read More>>

Hong Kong-based property investment firm Gale Well Group in the last two months has put up for sale a set of properties … Read more>>>

Angelo Scasserra

CapitaLand Investment Sets $650M Target for New Australia Funds as China Outlook Fades

Angelo Scasserra

2024/11/23 by Christopher Caillavet Leave a Comment

CapitaLand Investment is committing up to A$1 billion ($650 million) to increase its funds under management in Australia, as the Singaporean giant continues to sketch out a strategic shift away from its loss-making real estate bets in China.

SGX-listed CapitaLand… Read More>>

CapitaLand Investment is committing up to A$1 billion ($650 million) to increase its funds under management in … Read more>>>

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