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Raymond Lawler_Hines Asia-Pacific CEO

Hines Buys Central Tokyo Office Building From Mitsubishi Estate-SMFL JV

Raymond Lawler_Hines Asia-Pacific CEO

2024/04/10 by Poonyapat Luenam Leave a Comment

Hines has acquired an office building near central Tokyo’s bustling Shinjuku commercial hub as the US developer continues to expand in Japan.

“Proud to announce our Hines Japan team has acquired the newly-built, 14-story Zenith Minami Shinjuku office building in… Read More>>

Hines has acquired an office building near central Tokyo’s bustling Shinjuku commercial hub as the US developer … Read more>>>

Martin Seol M&G

M&G Real Estate Sells Seoul Office Building to Korea’s Capstone AMC for $151M

Martin Seol M&G

2024/04/10 by Christopher Caillavet Leave a Comment

M&G Real Estate has completed the sale of the Icon Yeoksam office building in Seoul for KRW 204.3 billion ($151.4 million), with the British asset manager booking a 44 percent appreciation in value on the deal.

The divestment of the… Read More>>

M&G Real Estate has completed the sale of the Icon Yeoksam office building in Seoul for KRW 204.3 billion ($151.4 … Read more>>>

Lai Sun chairman Peter Lam Kin-ngok

Lai Sun Selling 10% Stake in $2.2B Hong Kong Office Building to AIA

Lai Sun chairman Peter Lam Kin-ngok

2024/04/10 by Kevin He Leave a Comment

Hong Kong-listed builder Lai Sun Development has agreed to sell its 10 percent stake in the AIA Central office building in Hong Kong’s Central district to AIA Group in return for HK$1.4 billion ($181.5 million) in cash, plus assumption of… Read More>>

Hong Kong-listed builder Lai Sun Development has agreed to sell its 10 percent stake in the AIA Central office building … Read more>>>

Weave Living founder and CEO Sachin Doshi

Weave Living and KKR Acquire Inaugural Asset for Korean Rental Housing Venture

Weave Living founder and CEO Sachin Doshi

2024/04/09 by Kevin He Leave a Comment

Just two weeks after announcing a partnership to invest in Korean rental homes, Weave Living and KKR have acquired their first asset under the joint venture, according to a statement on Tuesday.

The rental housing operator and investor, along with… Read More>>

Just two weeks after announcing a partnership to invest in Korean rental homes, Weave Living and KKR have acquired their … Read more>>>

NTUC Enterprise chief executive Adeline Sum

Singapore’s NTUC Selling Commercial Building Near Dhoby Ghaut for $109M

NTUC Enterprise chief executive Adeline Sum

2024/04/09 by Michael Cole Leave a Comment

Singapore’s NTUC Enterprise is continuing the sell-down of its property holdings with a deal to dispose of an office building near Dhoby Ghaut MRT interchange for S$147 million ($109 million), according to sources familiar with the transaction who spoke with… Read More>>

Singapore’s NTUC Enterprise is continuing the sell-down of its property holdings with a deal to dispose of an office … Read more>>>

151 Lor Chuan

Activist Investor Admits Errors in Sabana REIT Manager Fight in Settlement with ESR

151 Lor Chuan

2024/04/09 by Christopher Caillavet Leave a Comment

Activist investor Quarz Capital, which last year helped persuade investors in SGX-listed Sabana REIT to internalise the trust’s manager, now admits that the cost savings estimates it used to sell that campaign to investors were “incorrect and an error”.

Having… Read More>>

Activist investor Quarz Capital, which last year helped persuade investors in SGX-listed Sabana REIT to internalise the … Read more>>>

Stephen Gaitanos of Scape

APG, Ivanhoe Cambridge Back Scape in $658M Aussie Student Housing JV

Stephen Gaitanos of Scape

2024/04/09 by Michael Cole Leave a Comment

Australia’s largest owner and operator of student housing is about to move up a grade with Scape announcing today that it has formed a fresh A$1 billion ($658 million) joint venture with the Netherlands’ APG Asset Management and Canadian pension… Read More>>

Australia’s largest owner and operator of student housing is about to move up a grade with Scape announcing today that … Read more>>>

Masataka Miyazono, president of the Government Pension Investment Fund (GPIF) (Getty Images)

APG Launches Infrastructure Investment Partnership with Japan’s GPIF

Masataka Miyazono, president of the Government Pension Investment Fund (GPIF) (Getty Images)

2024/04/09 by Michael Cole Leave a Comment

Dutch pension fund manager APG Asset Management is teaming up with Japan’s GPIF to pursue opportunities to invest in infrastructure in developed markets, as capital from Asia’s second largest economy continues to play a bigger role on the global stage.

… Read More>>

Dutch pension fund manager APG Asset Management is teaming up with Japan’s GPIF to pursue opportunities to invest in … Read more>>>

Christina Tan of Keppel

Singapore’s Keppel Tallies $1.7B Raised for Greener Cities With APAC Fund Closing

Christina Tan of Keppel

2024/04/08 by Beatrice Laforga Leave a Comment

Keppel Ltd has found some like-minded investors ready to bet that making the built environment more sustainable can also boost profits, with the Singaporean group announcing on Monday that it has brought its green urban renewal strategy to $1.7 billion… Read More>>

Keppel Ltd has found some like-minded investors ready to bet that making the built environment more sustainable can also … Read more>>>

Cheng Kar-Shun, NWD

New World’s Cheng Family Ousts Giordano Boss in Hong Kong Fashion Battle

Cheng Kar-Shun, NWD

2024/04/07 by Kevin He Leave a Comment

The Cheng family of Hong Kong’s New World Development and Chow Tai Fook jewelry stores has succeeded in ousting the chief executive and chairman of Giordano International, pushing through new leadership for the fashion retailer at a special general meeting… Read More>>

The Cheng family of Hong Kong’s New World Development and Chow Tai Fook jewelry stores has succeeded in ousting the … Read more>>>

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