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China Aoyuan Group, Guo Zi Wen(1)

China Aoyuan Receives Hong Kong Court Approval for Offshore Debt Restructuring Plan

China Aoyuan Group, Guo Zi Wen(1)

2024/01/12 by Christopher Caillavet Leave a Comment

China Aoyuan has received court approval in Hong Kong for the Guangzhou-based developer’s offshore debt restructuring plan after securing sanction from judges in the Cayman Islands and the British Virgin Islands last month.

Aoyuan hailed the “major milestone” in a… Read More>>

China Aoyuan has received court approval in Hong Kong for the Guangzhou-based developer’s offshore debt restructuring … Read more>>>

Charoen Sirivadhanabhakdi of Frasers

Frasers Property Undergoing Strategic Review Following Share Price Slide

Charoen Sirivadhanabhakdi of Frasers

2024/01/11 by Kevin He Leave a Comment

Majority shareholders of Frasers Property are studying potential capital raising scenarios across the company’s entire portfolio as part of a holistic strategic review, market sources confirmed to Mingtiandi.

Controlled by Thai billionaire Charoen Sirivadhanabhakdi, the Singapore-listed property developer and investor… Read More>>

Majority shareholders of Frasers Property are studying potential capital raising scenarios across the company’s entire … Read more>>>

Kim Tae-hyun, NPS CEO

Korea’s National Pension Service to Exit Paris Shopping Centre for Reported $219M

Kim Tae-hyun, NPS CEO

2024/01/11 by Poonyapat Luenam Leave a Comment

South Korea’s National Pension Service has agreed to sell its stake in the O’Parinor shopping centre in Paris to Sofidy, a real estate investment unit of Temasek-backed Tikehau Capital at 33 percent discount to the asking price in a marketing… Read More>>

South Korea’s National Pension Service has agreed to sell its stake in the O'Parinor shopping centre in Paris to Sofidy, … Read more>>>

Matthew Bouw, Chief Executive Officer for Asia Pacific

Cushman & Wakefield Teams With Nuvama for $361M India Office Fund

Matthew Bouw, Chief Executive Officer for Asia Pacific

2024/01/11 by Christopher Caillavet Leave a Comment

Cushman & Wakefield has partnered with Mumbai-based Nuvama Asset Management on a fund management platform aiming to raise INR 30 billion ($361.4 million) to invest in prime office properties across India’s high-growth markets.

Dubbed NCW, the 50:50 JV of Cushman… Read More>>

Cushman & Wakefield has partnered with Mumbai-based Nuvama Asset Management on a fund management platform aiming to … Read more>>>

Jon Paul Toppino

PAG Raises $100M From Texas Teachers for Latest Asia Opportunistic Fund

Jon Paul Toppino

2024/01/10 by Christopher Caillavet Leave a Comment

PAG has secured a $100 million capital commitment from an existing limited partner, the Teacher Retirement System of Texas, for the Asian private equity firm’s latest opportunistic real estate fund.

The investment in PAG’s Secured Capital Real Estate Partners VIII… Read More>>

PAG has secured a $100 million capital commitment from an existing limited partner, the Teacher Retirement System of … Read more>>>

sukmawati Widjaja

Indonesia’s Widjaja Family Marketing Commercial Floor in Singapore’s Orchard Area for $57M

sukmawati Widjaja

2024/01/09 by Beatrice Laforga Leave a Comment

Top Global has put a strata-titled office asset in Singapore up for sale at S$76 million ($57.1 million) as the company owned by Indonesia’s Widjaja family plans to completely exit the commercial building near the Orchard Road shopping strip.

The… Read More>>

Top Global has put a strata-titled office asset in Singapore up for sale at S$76 million ($57.1 million) as the company … Read more>>>

Koichi Nishiyama

Nippon Building Fund Paying $303M to Expand Holdings in Mitsui Tokyo Complex

Koichi Nishiyama

2024/01/09 by Poonyapat Luenam Leave a Comment

TSE-listed Nippon Building Fund announced on Friday that it has agreed to buy more space in a mixed-use complex developed by Mitsui Fudosan in Tokyo for JPY 43.8 billion ($303 million). The company revealed in the same statement that it… Read More>>

TSE-listed Nippon Building Fund announced on Friday that it has agreed to buy more space in a mixed-use complex … Read more>>>

Christina Tan of Keppel

Keppel Buys Singapore Commercial Complex for $262M on Behalf of PGGM Fund

Christina Tan of Keppel

2024/01/08 by Beatrice Laforga Leave a Comment

Keppel Ltd announced on Monday that it has purchased a commercial complex in Singapore’s Selegie district on behalf of Dutch pension fund and asset manager PGGM for S$348 million ($262 million), confirming earlier media accounts.

The firm formerly known as… Read More>>

Keppel Ltd announced on Monday that it has purchased a commercial complex in Singapore’s Selegie district on behalf of … Read more>>>

Wilson Chen, Tishman Speyer China CEO

Tishman Speyer Fund Buying Shanghai Holiday Inn Express for $50M

Wilson Chen, Tishman Speyer China CEO

2024/01/08 by Kevin He Leave a Comment

An investment fund managed by Manhattan-based developer and investor Tishman Speyer has agreed to acquire a majority stake in a hotel in northeastern Shanghai’s Yangpu district, with the property set to be renovated into serviced apartments operated by Singapore’s Frasers… Read More>>

An investment fund managed by Manhattan-based developer and investor Tishman Speyer has agreed to acquire a majority … Read more>>>

Beh Siew Kim of Ascott

Gaw Capital Sells Singapore’s Hotel G to CapitaLand’s Ascott for $180M

Beh Siew Kim of Ascott

2024/01/07 by Michael Cole Leave a Comment

Gaw Capital Partners has completed the sale of the Hotel G in Singapore to an entity controlled by CapitaLand Group, according to corporate records filed with local authorities.

A special purpose vehicle which holds the 308-key budget hostelry now lists… Read More>>

Gaw Capital Partners has completed the sale of the Hotel G in Singapore to an entity controlled by CapitaLand Group, … Read more>>>

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