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Michael Arougheti, Chief Executive Officer and President of Ares

Ares Management Buying GLP’s Non-China Fund Business for $3.7B

Michael Arougheti, Chief Executive Officer and President of Ares

2024/10/08 by Christopher Caillavet Leave a Comment

Ares Management has agreed to buy industrial specialist GLP’s fund management business outside of China for $3.7 billion, the parties announced Tuesday.

The consideration for GLP Capital Partners’ business in Japan, Vietnam, Europe, the US and Brazil comprises $1.8 billion… Read More>>

Ares Management has agreed to buy industrial specialist GLP’s fund management business outside of China for $3.7 … Read more>>>

Edwin Wong of Baker McKenzie

APAC Data Centre Investment Set to Surge as AI Fuels Demand: MTD TV

Edwin Wong of Baker McKenzie

2024/10/08 by Kevin He Leave a Comment

With last month’s record $16.1 billion acquisition of Australia’s AirTrunk by Blackstone and the Canada Pension Plan Investment Board ranking as the biggest data centre transaction to date, the world’s largest investors are jockeying to get on top of… Read More>>

With last month’s record $16.1 billion acquisition of Australia’s AirTrunk by Blackstone and the Canada Pension Plan … Read more>>>

Michael Fattouh of QIC

Hines, Australia’s Haben Buying Western Sydney Mall From QIC for $605M

Michael Fattouh of QIC

2024/10/08 by Christopher Caillavet Leave a Comment

A joint venture of US property giant Hines and Australian fund manager Haben has agreed to acquire a western Sydney mall from the Queensland Investment Corporation for A$900 million ($605 million).

The sale of Westpoint Shopping Centre represents the largest-ever… Read More>>

A joint venture of US property giant Hines and Australian fund manager Haben has agreed to acquire a western Sydney mall … Read more>>>

Jeff Bezos

Amazon Buying Mumbai Data Centre Site and More Asia Real Estate Headlines

Jeff Bezos

2024/10/08 by Michael Cole Leave a Comment

Amazon leads this edition of Mingtiandi’s headline roundup, with the e-commerce colossus reportedly close to picking up a data centre development site near Mumbai. Also making the list, Singapore property investment perks up after the Fed’s rate cut and South… Read More>>

Amazon leads this edition of Mingtiandi’s headline roundup, with the e-commerce colossus reportedly close to picking up … Read more>>>

Jeremy Deutsch Vantage

Vantage Data Centers Taps Equinix’s Jeremy Deutsch as APAC President

Jeremy Deutsch Vantage

2024/10/07 by Christopher Caillavet Leave a Comment

US hyperscale operator Vantage Data Centers has hired Jeremy Deutsch, a 23-year veteran of server-hosting giant Equinix, as the company’s Asia Pacific president.

The new role will see Deutsch tasked with driving regional growth, including strategy, market development, sales, construction… Read More>>

US hyperscale operator Vantage Data Centers has hired Jeremy Deutsch, a 23-year veteran of server-hosting giant Equinix, … Read more>>>

Michael Tanujaya, STT GDC

Hyperscalers Kick Off Mingtiandi Data Centre Forum on Tuesday

Michael Tanujaya, STT GDC

2024/10/07 by Michael Cole Leave a Comment

Speakers from Nuveen, STT Global Data Centres, Baker McKenzie and Yardi will take on the opportunities and challenges of Asia’s hyperscale market as Mingtiandi’s fifth annual data centre forum begins on Tuesday.

With data centre operators having brought on line… Read More>>

Speakers from Nuveen, STT Global Data Centres, Baker McKenzie and Yardi will take on the opportunities and challenges of … Read more>>>

Mansoor Ebrahim Al-Mahmoud

Qatar Investment Authority Joins Consortium for Proposed ESR Buyout

Mansoor Ebrahim Al-Mahmoud

2024/10/07 by Christopher Caillavet Leave a Comment

Qatar’s sovereign wealth fund has joined an investor group seeking to acquire industrial builder and fund manager ESR, with the expanded consortium representing about 40 percent of the issued shares of the Hong Kong-listed company.

The Qatar Investment Authority, which… Read More>>

Qatar’s sovereign wealth fund has joined an investor group seeking to acquire industrial builder and fund manager ESR, … Read more>>>

Lin Tsz-Fung AKA Hugo Lam Chi-Fung

Best Mart 360 Boss Marketing Causeway Bay Building After Cutting Price 54%

Lin Tsz-Fung AKA Hugo Lam Chi-Fung

2024/10/07 by Kevin He Leave a Comment

Mainland property investor Lin Tsz-Fung is marketing a commercial building in Hong Kong’s Causeway Bay area at less than half of what he was seeking for the property six years ago.

Lin, a co-founder of HKEX-listed retailer Best Mart 360… Read More>>

Mainland property investor Lin Tsz-Fung is marketing a commercial building in Hong Kong’s Causeway Bay area at less than … Read more>>>

Daiwa House chief executive and president Keiichi Yoshii

Daiwa House Eyes $500M Investment in US Builder and More Asia Real Estate Headlines

Daiwa House chief executive and president Keiichi Yoshii

2024/10/07 by Michael Cole Leave a Comment

Daiwa House Industry is the latest Japanese builder looking to make a big bet on the US residential market, with that story leading today’s headline roundup. Also in the news, Hong Kong’s biggest developer sells new homes at a discount… Read More>>

Daiwa House Industry is the latest Japanese builder looking to make a big bet on the US residential market, with that … Read more>>>

Park Il Young KIC

Asia Real Estate People in the News 2024-10-07

Park Il Young KIC

2024/10/07 by Michael Cole Leave a Comment

A new boss at one of the region’s largest investors heads up this week’s review of personnel moves from around Asia’s real estate industry as Korea’s KIC updates its org chart. Also making the list is a new chairman at… Read More>>

A new boss at one of the region’s largest investors heads up this week’s review of personnel moves from around Asia’s … Read more>>>

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