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Sally-Box Cabot

US Builder Cabot Expands Into Sydney With $92M Shed Buy From LaSalle

Sally-Box Cabot

2024/09/18 by Christopher Caillavet Leave a Comment

Cabot Properties has purchased a two-storey warehouse in suburban Sydney from LaSalle Investment Management for A$137.6 million ($91.8 million), marking the US logistics builder and fund manager’s first acquisition in the Harbour City.

The newly built shed in the Matraville… Read More>>

Cabot Properties has purchased a two-storey warehouse in suburban Sydney from LaSalle Investment Management for A$137.6 … Read more>>>

Mitsui Fudosan president Takashi Ueda

GLP, Mitsui to Spend $3.5B on Japan Cold Logistics and More Asia Real Estate Headlines

Mitsui Fudosan president Takashi Ueda

2024/09/18 by Michael Cole Leave a Comment

Some of Japan’s biggest developers are set to splash out on chilly sheds in the coming years, with that story leading today’s headline roundup. Also on the list, a Korean finance giant sets up a fund to help distressed property… Read More>>

Some of Japan’s biggest developers are set to splash out on chilly sheds in the coming years, with that story leading … Read more>>>

Garbe Asia managing director Chenhui Xia

German Developer and Fund Manager Garbe Opens First Asia Office in Singapore

Garbe Asia managing director Chenhui Xia

2024/09/17 by Christopher Caillavet Leave a Comment

German developer and investment manager Garbe has opened a Singapore office as the firm’s first location outside Europe, tapping former Boyu Capital executive Chenhui Xia to lead the new outpost.

The Lion City office is aimed at connecting Hamburg-based Garbe… Read More>>

German developer and investment manager Garbe has opened a Singapore office as the firm’s first location outside Europe, … Read more>>>

Weijian Shan, PAG

PAG Consortium Takes Control of Wanda Mall Management Business

Weijian Shan, PAG

2024/09/17 by Kevin He Leave a Comment

A consortium of investors led by private equity giant PAG has taken control of troubled mainland developer Wanda Group’s mall management unit, nearly six months after announcing an $8.3 billion buyout of the business.

The Hong Kong-based investment firm co-founded… Read More>>

A consortium of investors led by private equity giant PAG has taken control of troubled mainland developer Wanda Group’s … Read more>>>

Yoshitaka Kimura

Tokyu REIT Selling Shibuya Retail Building to Development Affiliate for $46M

Yoshitaka Kimura

2024/09/17 by Christopher Caillavet Leave a Comment

Tokyu REIT has agreed to sell a nine-storey retail building in Tokyo’s Shibuya ward to Tokyu Land Corporation for JPY 6.5 billion ($46 million).

The TSE-listed trust will unload Conze Ebisu at a 38 percent premium to the asset’s book… Read More>>

Tokyu REIT has agreed to sell a nine-storey retail building in Tokyo’s Shibuya ward to Tokyu Land Corporation for JPY … Read more>>>

CapitaLand Close to Buying Stake in Fosun’s Club Med and More Asia Real Estate Headlines

2024/09/17 by Michael Cole Leave a Comment

CapitaLand Investment leads today’s Mingtiandi headline roundup, with the Singaporean firm said to be eyeing a stake in Fosun International’s Club Med resort chain. Also in the news, Singapore home sales are on track to hit their lowest since the… Read More>>

CapitaLand Investment leads today’s Mingtiandi headline roundup, with the Singaporean firm said to be eyeing a stake in … Read more>>>

ESR Australia chief executive Philip Pearce

ESR, ADIA Sell Stake in $2.2B Aussie Logistics Venture to Japanese, Malaysian Investors

ESR Australia chief executive Philip Pearce

2024/09/16 by Kevin He Leave a Comment

ESR’s Australian business has landed the country’s largest logistics transaction this year with the industrial specialist agreeing to sell a stake in a A$3.2 billion ($2.2 billion) logistics portfolio held by a joint venture with the Abu Dhabi Investment Authority… Read More>>

ESR’s Australian business has landed the country’s largest logistics transaction this year with the industrial … Read more>>>

Hulic chairman Saburo Nishiura

Hulic Makes $1.2B Bid to Take Over Japanese Builder From Hong Kong’s Oasis

Hulic chairman Saburo Nishiura

2024/09/16 by Christopher Caillavet Leave a Comment

Japanese real estate giant Hulic has launched a takeover bid for Raysum, a Tokyo-listed builder controlled by Hong Kong fund manager Oasis Management, at a total acquisition cost of JPY 173.5 billion ($1.2 billion).

Hulic on Friday announced a tender… Read More>>

Japanese real estate giant Hulic has launched a takeover bid for Raysum, a Tokyo-listed builder controlled by Hong Kong … Read more>>>

Li Ka-shing CK Asset

CK Asset’s Orion3 Seeks to Raise Up to $1B for Private Debt Fund With Muzinich

Li Ka-shing CK Asset

2024/09/16 by Christopher Caillavet Leave a Comment

Orion3, a fund manager backed by Hong Kong property giant CK Asset Holdings, has teamed with Manhattan-based Muzinich & Co on an infrastructure and real assets private debt strategy targeting a size of between $500 million and $1 billion.

The… Read More>>

Orion3, a fund manager backed by Hong Kong property giant CK Asset Holdings, has teamed with Manhattan-based Muzinich … Read more>>>

Singapore housing

Singapore Home Sales Plunge on Lack of Supply and More Asia Real Estate Headlines

Singapore housing

2024/09/16 by Michael Cole Leave a Comment

Singapore home sales lead today’s headline roundup as transaction numbers for new units turn sour after a brief uptick. Also in the news, a plan to create Singapore’s second CBD suffers a setback and China suspends accounting giant PwC’s operations… Read More>>

Singapore home sales lead today’s headline roundup as transaction numbers for new units turn sour after a brief uptick. … Read more>>>

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