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Wang_Qiu7.20

Asia Real Estate People in the News 2024-02-26

Wang_Qiu7.20

2024/02/26 by Michael Cole Leave a Comment

The misadventures of a Singapore-listed REIT of Chinese malls leads this week’s roundup of personnel moves from around the region, as Dasin Retail Trust fires its CEO after she asked for back pay. Also making the list is Canada’s CDPQ,… Read More>>

The misadventures of a Singapore-listed REIT of Chinese malls leads this week’s roundup of personnel moves from around … Read more>>>

Sachin Doshi, Weave Living

Weave Living Gets Equity Boost From Founder Doshi and Warburg, Launches $500M Japan Fund

Sachin Doshi, Weave Living

2024/02/26 by Christopher Caillavet Leave a Comment

Weave Living has secured further investment from existing shareholders, founder and CEO Sachin Doshi and private equity major Warburg Pincus, as the rental residential operator looks to double its portfolio in an expansion set to take it beyond Hong Kong,… Read More>>

Weave Living has secured further investment from existing shareholders, founder and CEO Sachin Doshi and private equity … Read more>>>

Omar Eraiqat, deputy CEO of diversified investments at Mubadala

Goldman Sachs, Mubadala Launch $1B APAC Private Debt Partnership

Omar Eraiqat, deputy CEO of diversified investments at Mubadala

2024/02/26 by Beatrice Laforga Leave a Comment

Goldman Sachs and Abu Dhabi’s Mubadala Investment Company have established a $1 billion partnership to invest in private debt opportunities across Asia Pacific, including real estate, in a bid to plug a financing gap left by traditional lenders.

The partners… Read More>>

Goldman Sachs and Abu Dhabi’s Mubadala Investment Company have established a $1 billion partnership to invest in private … Read more>>>

Peter Young QIP

Singapore’s QIP Expands into US Beds, Sheds as Chicago Project Moves Forward

Peter Young QIP

2024/02/26 by Beatrice Laforga Leave a Comment

Singapore-based private equity real estate firm Q Investment Partners (QIP) is expanding its foothold in the US with a pair of residential development projects in Chicago and a newly built warehouse facility in New York.

QIP in mid-February announced that… Read More>>

Singapore-based private equity real estate firm Q Investment Partners (QIP) is expanding its foothold in the US with a … Read more>>>

Eugene Lim The Assembly Place

Assembly Place JV Wins Contracts for Singapore Health Worker Hostels 

Eugene Lim The Assembly Place

2024/02/26 by Beatrice Laforga Leave a Comment

Singapore’s The Assembly Place continues to ramp up its presence in the city-state’s rental residential market with joint ventures backed by the co-living investor and operator winning government contracts to renovate and manage three hostels for healthcare workers.

Together with… Read More>>

Singapore’s The Assembly Place continues to ramp up its presence in the city-state’s rental residential market with … Read more>>>

China Home Price Slide Accelerated in January and More Asia Real Estate Headlines

2024/02/26 by Ponrath Sopannarath Leave a Comment

Average new home prices in China fell 1.24 percent in January from a year earlier as the country’s housing crisis continues to rage, with that story leading Mingtiandi’s headline roundup today. Regional private equity player PAG also makes the list… Read More>>

Average new home prices in China fell 1.24 percent in January from a year earlier as the country’s housing crisis … Read more>>>

Cusson Leung Kai-tong, general manager of China Resources Longdation's asset management division

China Resources Buys Hong Kong Shopping Centre From Lai Sun, Empire for $68M

Cusson Leung Kai-tong, general manager of China Resources Longdation's asset management division

2024/02/25 by Kevin He Leave a Comment

State-run conglomerate China Resources continues to be one of the biggest buyers of Greater China real estate during the current downturn with a property unit of the Shenzhen giant having picked up a commercial asset in the New Territories in… Read More>>

State-run conglomerate China Resources continues to be one of the biggest buyers of Greater China real estate during the … Read more>>>

David Teo’s Apricot Capital Closes on Bukit Timah Buy, Readies Co-Living Conversion

2024/02/25 by Beatrice Laforga Leave a Comment

The family of Singapore instant coffee king David Teo has completed their S$105-million ($78.1 million) purchase of a mixed-use property in the city’s upscale Bukit Timah area and is preparing to transform the asset into a combined co-living and retail… Read More>>

The family of Singapore instant coffee king David Teo has completed their S$105-million ($78.1 million) purchase of a … Read more>>>

Jack Ma (Getty Images)

Jack Ma’s Wife Buys Shophouses in Singapore’s Tanjong Pagar at Up to $37M

Jack Ma (Getty Images)

2024/02/23 by Beatrice Laforga Leave a Comment

Despite stamp duties and investigations, wealthy mainland investors are still banking on Singapore properties, with the wife of the country’s best known tech tycoon having purchased a row of shophouses in the Tanjong Pagar area last month for a reported… Read More>>

Despite stamp duties and investigations, wealthy mainland investors are still banking on Singapore properties, with the … Read more>>>

CDPQ president and chief executive officer Charles Emond

CDPQ Set to Slash Jobs at Ivanhoe Cambridge, Otera After 6.2% Loss in 2023

CDPQ president and chief executive officer Charles Emond

2024/02/23 by Kevin He Leave a Comment

Quebec public pension manager Caisse de Dépôt et Placement du Québec (CDPQ) is preparing to reduce headcount at its real estate divisions after the fund manager recorded a 6.2 percent loss on its property investments in 2023 — the only… Read More>>

Quebec public pension manager Caisse de Dépôt et Placement du Québec (CDPQ) is preparing to reduce headcount at its real … Read more>>>

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