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Chung Keun Kim

Korea’s Koramco Sells Gangnam Office Tower to Samsung SRA for $820M

Chung Keun Kim

2024/10/04 by Christopher Caillavet Leave a Comment

A private REIT of South Korean fund manager Koramco has sold an office tower in Seoul’s Gangnam business district to Samsung SRA Asset Management for KRW 1.1 trillion ($820 million).

The disposal of The Asset Gangnam by Kocref 43 REIT… Read More>>

A private REIT of South Korean fund manager Koramco has sold an office tower in Seoul’s Gangnam business district to … Read more>>>

ESR Australia chief executive Philip Pearce

ESR, Partners Group Sell Logistics Estate on Australia’s Gold Coast for $137M

ESR Australia chief executive Philip Pearce

2024/10/04 by Kevin He Leave a Comment

ESR and Swiss private equity firm Partners Group have sold a last-mile logistics estate in Australia’s Gold Coast to Brisbane-based developer Shayher Group, with the disposal marking HKEX-listed ESR’s fourth Aussie logistics transaction in four months.

Shayher, the local affiliate… Read More>>

ESR and Swiss private equity firm Partners Group have sold a last-mile logistics estate in Australia’s Gold Coast to … Read more>>>

chayadi_karim

Ascott-QIA JV Sells Hotel on Tokyo’s Ginza to Singapore’s Invictus

chayadi_karim

2024/10/04 by Kevin He Leave a Comment

Singapore’s Invictus Developments has entered Japan with the acquisition of the Lyf Ginza Tokyo hotel, after the country logged $2.6 billion of hotel transactions in the first half of the year, representing a 64 percent year-on-year increase, according to JLL.

… Read More>>

Singapore’s Invictus Developments has entered Japan with the acquisition of the Lyf Ginza Tokyo hotel, after the country … Read more>>>

Gordon Black, senior managing director and portfolio manager of Heitman’s global core plus platform

Heitman Adds Greater Seoul Shed Under Global Core-Plus Fund

Gordon Black, senior managing director and portfolio manager of Heitman’s global core plus platform

2024/10/04 by Christopher Caillavet Leave a Comment

Heitman continues to deploy capital in Asia Pacific under its global core-plus focused strategy, with the US fund manager on Thursday announcing the acquisition of a distribution centre in South Korea.

The property, located an hour’s drive from central Seoul… Read More>>

Heitman continues to deploy capital in Asia Pacific under its global core-plus focused strategy, with the US fund … Read more>>>

Ong Beng Seng

Singapore Charges Billionaire Ong Beng Seng and More Asia Real Estate Headlines

Ong Beng Seng

2024/10/04 by Michael Cole Leave a Comment

Singaporean tycoon Ong Beng Seng is charged in connection with a bribery scandal, with that story leading today’s headline roundup. Also making news, Blackstone is said to be raising $10 billion for an Asia buyout fund and the former CEO… Read More>>

Singaporean tycoon Ong Beng Seng is charged in connection with a bribery scandal, with that story leading today’s … Read more>>>

Taiyo Taimi, NBIM

Speaker Bio: Taiyo Taimi of Norges Bank Investment Management MTD TV Productions

Taiyo Taimi, NBIM

2024/10/04 by Mingtiandi Team Leave a Comment

Taiyo Taimi is Head of Asia in the unlisted real estate group at Norges Bank Investment Management (“NBIM”) primarily focusing on Japan and is responsible for real estate investment and asset management in the region.

Prior to joining NBIM, Taiyo… Read More>>

Taiyo Taimi is Head of Asia in the unlisted real estate group at Norges Bank Investment Management (“NBIM”) primarily … Read more>>>

James Koh Fragrance Group

Fragrance Group Buys Singapore’s Katong Plaza for $139M in Rare Collective Sale Win

James Koh Fragrance Group

2024/10/03 by Christopher Caillavet Leave a Comment

Fragrance Group has acquired Singapore’s Katong Plaza for S$180 million ($139 million), market sources confirmed to Mingtiandi, with the owners of the retail-residential asset notching a collective sale win on their fourth attempt amid a quiet season for en bloc… Read More>>

Fragrance Group has acquired Singapore’s Katong Plaza for S$180 million ($139 million), market sources confirmed to … Read more>>>

CapitaLand Development Singapore CEO Tan Yew Chin (Image: CapitaLand)

CapitaLand Development Enters $284M Top Bid for Central Singapore Industrial Site

CapitaLand Development Singapore CEO Tan Yew Chin (Image: CapitaLand)

2024/10/03 by Christopher Caillavet Leave a Comment

CapitaLand Development made the top bid of S$368.9 million ($284.5 million) for a development site in Singapore’s Kolam Ayer industrial estate, with the builder’s proposed project to serve food-related end-users.

The 44,107 square metre (474,764 square foot) parcel at Kallang… Read More>>

CapitaLand Development made the top bid of S$368.9 million ($284.5 million) for a development site in Singapore’s Kolam … Read more>>>

Gordon Black, senior managing director and portfolio manager of Heitman’s global core plus platform

Heitman Buys 3 Osaka Apartment Buildings in Japan Multi-Family Expansion

Gordon Black, senior managing director and portfolio manager of Heitman’s global core plus platform

2024/10/03 by Kevin He Leave a Comment

Heitman has completed the purchase of three apartment buildings in Osaka, with the US real estate investment manager expanding its Japanese rental residential portfolio after multi-family transactions in the country surged 57 percent year-on-year in the 12 months through 30… Read More>>

Heitman has completed the purchase of three apartment buildings in Osaka, with the US real estate investment manager … Read more>>>

Paul McGarry, head of Asia at Goodman

Goodman Completes 50MW, GDS-Leased Data Centre in Hong Kong

Paul McGarry, head of Asia at Goodman

2024/10/03 by Kevin He Leave a Comment

Goodman Group has completed a 50-megawatt data centre in Hong Kong’s Tsuen Wan West area, as the Aussie industrial specialist forges forward with a transformation that has digital infrastructure projects now accounting for 40 percent of its development pipeline.

The… Read More>>

Goodman Group has completed a 50-megawatt data centre in Hong Kong’s Tsuen Wan West area, as the Aussie industrial … Read more>>>

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