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Steve-Kim-LaSalle-IM-e1650441793976

LaSalle Buys Seoul Mega Sheds for $450M as Korean Deals Stay Hot

Steve-Kim-LaSalle-IM-e1650441793976

2024/08/19 by Christopher Caillavet Leave a Comment

LaSalle Investment Management has acquired a pair of logistics facilities in Greater Seoul for a total of $450 million, as the US firm continues to chalk up deals in South Korea.

The two large, dry-only sheds are located next to… Read More>>

LaSalle Investment Management has acquired a pair of logistics facilities in Greater Seoul for a total of $450 million, … Read more>>>

Manwin Sidhu, PAG

PAG, Partners Group, PropertyGuru to Speak at Mingtiandi Singapore Forum 

Manwin Sidhu, PAG

2024/08/19 by Michael Cole Leave a Comment

With Mingtiandi’s Singapore Forum just three weeks away, senior executives from PAG, Partners Group, ACRE and PropertyGuru have joined the roster of speakers for Southeast Asia’s biggest real estate investment event of 2024.

The agenda for the 10 September event… Read More>>

With Mingtiandi’s Singapore Forum just three weeks away, senior executives from PAG, Partners Group, ACRE and … Read more>>>

Chris Edwards Flexigroup

The Hive Adds Eighth Hong Kong Location in HSBC AM-Owned Podium in Sheung Wan

Chris Edwards Flexigroup

2024/08/19 by Kevin He Leave a Comment

Hong Kong-based co-working operator The Flexi Group has expanded its Hive brand in the Asian financial centre, with the company having opened its latest location in the city’s Sheung Wan area after taking over a former WeWork site owned by… Read More>>

Hong Kong-based co-working operator The Flexi Group has expanded its Hive brand in the Asian financial centre, with the … Read more>>>

Genentech/Roche Biologics Manufacturing Facility

Lendlease Loss Widens to $1B on Write-Downs Tied to Business Rejig

Genentech/Roche Biologics Manufacturing Facility

2024/08/19 by Christopher Caillavet Leave a Comment

Lendlease reported a loss of A$1.5 billion ($1 billion) for the fiscal year to June, ballooning from a year-earlier deficit of A$232 million, as the Australian real estate group booked write-downs related to an ongoing business overhaul.

ASX-listed Lendlease recognised… Read More>>

Lendlease reported a loss of A$1.5 billion ($1 billion) for the fiscal year to June, ballooning from a year-earlier … Read more>>>

Noon Square

IGIS Marketing NPS-Owned Seoul Mall for $294M and More Asia Real Estate Headlines

Noon Square

2024/08/19 by Michael Cole Leave a Comment

Korean retail leads today’s headline roundup, with IGIS Asset Management seeking a buyer for a shopping mall in the heart of Seoul. Also in the news, Australia’s Aware Super fund buys a Melbourne industrial estate and discounted rent lures clothing… Read More>>

Korean retail leads today’s headline roundup, with IGIS Asset Management seeking a buyer for a shopping mall in the … Read more>>>

Ho Ren Yung Banyan Tree

Asia Real Estate People in the News 2024-08-19

Ho Ren Yung Banyan Tree

2024/08/19 by Michael Cole Leave a Comment

Succession planning leads this week’s set of personnel moves from Asia’s real estate industry, with a Singapore-based hotel operating moving a new generation leader into a deputy chief executive role. Also making the list is a former Hong Kong-based private… Read More>>

Succession planning leads this week’s set of personnel moves from Asia’s real estate industry, with a Singapore-based … Read more>>>

Christian Sinding

Sweden’s EQT to Acquire PropertyGuru for $1.1B as KKR, TPG Cash Out

Christian Sinding

2024/08/17 by Christopher Caillavet Leave a Comment

Sweden’s EQT has agreed to buy PropertyGuru, the online real estate portal backed by fund managers KKR and TPG, in an all-cash deal valuing the Singapore-based platform at $1.1 billion, according to a Friday announcement.

Private equity firm EQT will… Read More>>

Sweden's EQT has agreed to buy PropertyGuru, the online real estate portal backed by fund managers KKR and TPG, in an … Read more>>>

merlin swire

Swire Family Scion Offloads Stake in Swire Properties, Cuts Holdings of Swire Pacific

merlin swire

2024/08/16 by Kevin He Leave a Comment

Merlin Bingham Swire, deputy chairman and chief executive of his family’s 208-year old conglomerate John Swire & Sons Ltd, has sold all of his shares in the group’s property development unit Swire Properties and has now cut his holdings in… Read More>>

Merlin Bingham Swire, deputy chairman and chief executive of his family’s 208-year old conglomerate John Swire & … Read more>>>

victor li ck asset

CK Asset H1 Profit Falls 15% as Ailing Economy Hits Home Sales, Office Leasing Suffers

victor li ck asset

2024/08/16 by Christopher Caillavet Leave a Comment

Li Ka-shing’s CK Asset Holdings posted a 15 percent year-on-year drop in first-half attributable profit to HK$8.6 billion ($1.1 billion) as economic weakness in Hong Kong and mainland China hurt home sales.

The developer controlled by Hong Kong’s richest man… Read More>>

Li Ka-shing’s CK Asset Holdings posted a 15 percent year-on-year drop in first-half attributable profit to HK$8.6 … Read more>>>

SF REIT Hong Kong Facility

SF REIT Boosts H1 Revenue to $28.5M and More Asia Real Estate Headlines

SF REIT Hong Kong Facility

2024/08/16 by Michael Cole Leave a Comment

SF REIT kicks off Mingtiandi’s headline roundup today, as the Hong Kong-listed warehouse trust defies China’s economic slump with an upbeat first-half report. Also making the list, Canadian pension fund OMERS seeks opportunities to deploy its biggest war chest in… Read More>>

SF REIT kicks off Mingtiandi’s headline roundup today, as the Hong Kong-listed warehouse trust defies China’s economic … Read more>>>

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