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124 Walker Street

Singapore’s Ho Family Buying Sydney Office Tower From Dexus For $62M

124 Walker Street

2024/02/18 by Beatrice Laforga Leave a Comment

Singapore investors continue to shop for office building bargains Down Under, with members of the city-state’s Ho clan acquiring an commercial tower in North Sydney from a fund managed by Dexus for A$95.5 million ($62 million), Mingtiandi has learned.

In… Read More>>

Singapore investors continue to shop for office building bargains Down Under, with members of the city-state’s Ho clan … Read more>>>

JPR executive officer Yoshihiro Jozaki

Japan’s JPR REIT Buying 53% Stake in Tokyo Office Block for $190M

JPR executive officer Yoshihiro Jozaki

2024/02/17 by Christopher Caillavet Leave a Comment

Japan Prime Realty Investment Corporation, a TSE-listed REIT, has agreed to acquire a 53 percent stake in a central Tokyo office building for JPY 28.8 billion ($190 million).

Nakano Central Park East, developed by JPR sponsor Tokyo Tatemono, is a… Read More>>

Japan Prime Realty Investment Corporation, a TSE-listed REIT, has agreed to acquire a 53 percent stake in a central … Read more>>>

Joseph Gagnon Rava Partners

Hillhouse Investment Real Assets Division Rebrands as Rava Partners

Joseph Gagnon Rava Partners

2024/02/17 by Christopher Caillavet Leave a Comment

Four years after setting up a dedicated real estate division and a year and a half after closing on $2 billion in capital for that strategy, Hillhouse Investment has given its property division an independent identity as Rava Partners, according… Read More>>

Four years after setting up a dedicated real estate division and a year and a half after closing on $2 billion in … Read more>>>

Elizabeth Laws Fuller IWG

IWG Hires Former WeWork Exec Elizabeth Laws Fuller to Expand in SE Asia, Korea

Elizabeth Laws Fuller IWG

2024/02/17 by Mingtiandi Team Leave a Comment

Flexible office giant IWG is ramping up its business in Asia Pacific, with the parent company of Regus and Spaces announcing recently that it has hired a former WeWork senior executive based in Singapore.

Elizabeth Laws Fuller, who formerly served… Read More>>

Flexible office giant IWG is ramping up its business in Asia Pacific, with the parent company of Regus and Spaces … Read more>>>

Humbert Pang, Managing Principal, Co-Chair of Alternative Investments at Gaw Capital Partners (1)

Gaw Sells Mainland Logistics Assets to Ping An in $280M Deal

Humbert Pang, Managing Principal, Co-Chair of Alternative Investments at Gaw Capital Partners (1)

2024/02/16 by Mingtiandi Team Leave a Comment

Hong Kong’s Gaw Capital Partners has announced the sale of a portfolio of three mainland logistics assets with sources familiar with the matter pointing to Chinese insurance giant Ping An as the buyer.

The portfolio, which comprises two industrial parks… Read More>>

Hong Kong’s Gaw Capital Partners has announced the sale of a portfolio of three mainland logistics assets with sources … Read more>>>

China’s CIFI Dumping Aussie Assets to Pay Bills and More Asia Real Estate Headlines

2024/02/16 by Ponrath Sopannarath Leave a Comment

Another mainland developer is selling off properties Down Under in a fight to stay solvent, with that story leading Mingtiandi’s headline roundup today. Also in the news, Shenzhen-based Logan Group wins more time to restructure its debts and Blackstone may… Read More>>

Another mainland developer is selling off properties Down Under in a fight to stay solvent, with that story leading … Read more>>>

Hillhaven in Hillview Rise

Singapore Reports Lowest January Home Sales Since 2009 as Buyers Await Clarity

Hillhaven in Hillview Rise

2024/02/15 by Christopher Caillavet Leave a Comment

New private home sales in Singapore fell 29 percent year-on-year last month to 281 units, the lowest January reading in 15 years, according to data released by the Urban Redevelopment Authority on Thursday.

The latest figure, which excludes executive condominium… Read More>>

New private home sales in Singapore fell 29 percent year-on-year last month to 281 units, the lowest January reading in … Read more>>>

Terence Chan Ho-wah

Buyer Linked to Hong Kong’s Terence Chan Bags Luxury Manhattan Condo for $62M

Terence Chan Ho-wah

2024/02/15 by Kevin He Leave a Comment

A limited liability company represented by a Hong Kong private equity executive has purchased a 6,300 square foot luxury condo in the heart of Manhattan for $61.6 million, as US luxury residential assets continue to attract wealthy Asian buyers on… Read More>>

A limited liability company represented by a Hong Kong private equity executive has purchased a 6,300 square foot luxury … Read more>>>

Blackstone Sale of London Asset to Asian Investor Stalls and More Asia Real Estate Headlines

2024/02/15 by Ponrath Sopannarath Leave a Comment

London’s collapsing office market may have cost Blackstone an opportunity to sell a Canary Wharf tower to an Asian investor, with that story leading Mingtiandi’s headline roundup today. Also making the list, units in a Singapore listed REIT of US… Read More>>

London’s collapsing office market may have cost Blackstone an opportunity to sell a Canary Wharf tower to an Asian … Read more>>>

Mitsui Fudosan president and CEO , Masanobu Komoda (Getty Images)

Mitsui Fudosan Posts Record-High Nine-Month Profit of $1.1B

Mitsui Fudosan president and CEO , Masanobu Komoda (Getty Images)

2024/02/14 by Christopher Caillavet Leave a Comment

Mitsui Fudosan achieved a record-high attributable profit of JPY 166.4 billion ($1.1 billion), up 13.1 percent year-on-year, in the fiscal nine months to December, according to an update from Japan’s largest developer.

Operating revenue, operating income and ordinary income also… Read More>>

Mitsui Fudosan achieved a record-high attributable profit of JPY 166.4 billion ($1.1 billion), up 13.1 percent … Read more>>>

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