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Macquarie Korea Asset Management head Jason Suh (Image: Macquarie)

Macquarie Asset Management Buying Seoul Data Centre From IGIS for $530M

Macquarie Korea Asset Management head Jason Suh (Image: Macquarie)

2024/08/07 by Christopher Caillavet Leave a Comment

Macquarie Asset Management has agreed to acquire the 40-megawatt Hanam Data Centre near Seoul for KRW 734 billion ($530 million), confirming June reports that the Aussie firm was in due diligence to buy the soon-to-be-completed facility from South Korea’s IGIS… Read More>>

Macquarie Asset Management has agreed to acquire the 40-megawatt Hanam Data Centre near Seoul for KRW 734 billion ($530 … Read more>>>

Brian Chinappi Actis

Actis Launches Logistics JV With India’s Mahindra, Buys Chennai Site

Brian Chinappi Actis

2024/08/07 by Christopher Caillavet Leave a Comment

London-based fund manager Actis on Monday announced the formal launch of its logistics joint venture with a unit of Indian conglomerate Mahindra Group, as the platform aims to acquire and develop 1.5 million square metres (16.1 million square feet) of… Read More>>

London-based fund manager Actis on Monday announced the formal launch of its logistics joint venture with a unit of … Read more>>>

Xu Jiayin of Evergrande (Getty Images)

Liquidators Pursuing Evergrande Boss and Associates for $6B in Ill-Gotten Gains

Xu Jiayin of Evergrande (Getty Images)

2024/08/07 by Kevin He Leave a Comment

Reported to be detained since September last year, life is getting worse for China Evergrande Group founder Xu Jiayin and some of his crew, as liquidators of the mainland developer are now seeking to recover $6 billion in dividends and… Read More>>

Reported to be detained since September last year, life is getting worse for China Evergrande Group founder Xu Jiayin … Read more>>>

GIC chief executive Lim Chow Kiat

GIC Backs $3.9B TPG Debt Fund and More Asia Real Estate Headlines

GIC chief executive Lim Chow Kiat

2024/08/07 by Ponrath Sopannarath Leave a Comment

TPG’s Twin Brook Capital Partners leads Mingtiandi’s headline roundup today, as the private equity firm closes its $3.9 billion direct lending fund backed by GIC and the World Bank. Also making news, Singapore-listed CapitaLand Ascott Trust secures a $124.5 million… Read More>>

TPG’s Twin Brook Capital Partners leads Mingtiandi’s headline roundup today, as the private equity firm closes its $3.9 … Read more>>>

Ruban Kaneshamoorthy of Brookfield

Brookfield Acquires Half Stake in Australia’s Journal Student Living

Ruban Kaneshamoorthy of Brookfield

2024/08/05 by Kevin He Leave a Comment

Brookfield Asset Management has acquired a 50 percent stake in Journal Student Living, the student accommodation operating unit of Australian developer and investor Citiplan, as it seeks to capitalise on an influx of international students into Australia’s already tight private… Read More>>

Brookfield Asset Management has acquired a 50 percent stake in Journal Student Living, the student accommodation … Read more>>>

ESR Australia chief executive Philip Pearce

Japan’s Mitsubishi Estate Invests in $113M ESR Melbourne Project

ESR Australia chief executive Philip Pearce

2024/08/05 by Christopher Caillavet Leave a Comment

Industrial giant ESR has teamed up with Mitsubishi Estate on a joint venture that will see the Japanese builder invest in an Australian project with an end value of A$175 million ($113 million).

The project forms part of a 25.1… Read More>>

Industrial giant ESR has teamed up with Mitsubishi Estate on a joint venture that will see the Japanese builder invest … Read more>>>

Guy Bradley of Swire Properties

Swire Properties Sustains Strong Occupancy at Pacific Place as Rents Drop 16%

Guy Bradley of Swire Properties

2024/08/05 by Christopher Caillavet Leave a Comment

Swire Properties reported 97 percent occupancy at Pacific Place in Hong Kong’s Admiralty area at the end of June, easing from 98 percent at the end of last year, as rents at the flagship office complex tumbled 16 percent for… Read More>>

Swire Properties reported 97 percent occupancy at Pacific Place in Hong Kong’s Admiralty area at the end of June, easing … Read more>>>

Robin Khuda AirTrunk

CPPIB, CDPQ Set to Join Blackstone in $9.6B AirTrunk Tender and More Asia Real Estate Headlines

Robin Khuda AirTrunk

2024/08/05 by Ponrath Sopannarath Leave a Comment

Canadian pension funds lead Mingtiandi’s headline roundup today, with CPPIB and CDPQ said to be joining forces with Blackstone in its pursuit of Aussie data centre operator AirTrunk. Also in the news, China’s GDS Holdings seeks as much as $1… Read More>>

Canadian pension funds lead Mingtiandi’s headline roundup today, with CPPIB and CDPQ said to be joining forces with … Read more>>>

Wenning Jung M&G

Asia Real Estate People in the News 2024-08-05

Wenning Jung M&G

2024/08/05 by Michael Cole Leave a Comment

A senior move at one of the UK’s largest asset managers leads this week’s review of personnel changes around Asia’s real estate world as M&G adds to its Singapore-based team. Also making the list are top-level turnover at financial regulators… Read More>>

A senior move at one of the UK’s largest asset managers leads this week’s review of personnel changes around Asia’s real … Read more>>>

Seth Sulkin, Pacifica Capital K.K.

Speaker Bio: Seth Sulkin of Pacifica Capital K.K. MTD TV Productions

Seth Sulkin, Pacifica Capital K.K.

2024/08/03 by Mingtiandi Team Leave a Comment

Seth R. Sulkin is President and CEO of Pacifica Capital K.K., a Tokyo-based developer of hotels and commercial properties with more than 30 years of real estate investment experience in Japan. He is also CEO of Pacifica Hotels G.K., a… Read More>>

Seth R. Sulkin is President and CEO of Pacifica Capital K.K., a Tokyo-based developer of hotels and commercial … Read more>>>

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