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KIC chief executive Seoungho Jin

Korea’s KIC Opens India Office in Mumbai to Kick Off Emerging Markets Push

KIC chief executive Seoungho Jin

2024/02/05 by Christopher Caillavet Leave a Comment

Korea Investment Corporation has opened an office in Mumbai, establishing India as the sovereign wealth fund’s first emerging-market outpost.

KIC received regulatory approval for the office from India’s central bank on 24 January, it said late last week in a… Read More>>

Korea Investment Corporation has opened an office in Mumbai, establishing India as the sovereign wealth fund’s first … Read more>>>

Chris Fossick JLL

Chris Fossick Steps Down as JLL Southeast Asia CEO, Joins Native Land Board

Chris Fossick JLL

2024/02/05 by Christopher Caillavet Leave a Comment

Chris Fossick has left his longtime role as JLL’s Southeast Asia CEO and joined the board of London-based developer Native Land.

Fossick will sit as a non-executive director at Native Land, whose projects include the Bankside Yards mixed-use development in… Read More>>

Chris Fossick has left his longtime role as JLL’s Southeast Asia CEO and joined the board of London-based developer … Read more>>>

Intime Mall

Alibaba Said Mulling Sale of Intime Department Stores and More Asia Real Estate Headlines

Intime Mall

2024/02/05 by Michael Cole Leave a Comment

The offline struggles of China’s biggest e-commerce company lead today’s collection of real estate headlines from around the region, as Alibaba is said to be looking for the exit from a department store bet. Also in the news, Singapore puts… Read More>>

The offline struggles of China’s biggest e-commerce company lead today’s collection of real estate headlines from around … Read more>>>

Dongjiang Lai Keppel

Asia Real Estate People in the News 2024-02-05

Dongjiang Lai Keppel

2024/02/05 by Michael Cole Leave a Comment

An upgrade to the investment team at one of Singapore’s biggest institutions leads the first collection of personnel moves for February, as Keppel Ltd promotes one of its senior team members. There’s also more turnover at Canada’s CDPQ and a… Read More>>

An upgrade to the investment team at one of Singapore’s biggest institutions leads the first collection of personnel … Read more>>>

trương mỹ lan vtp

Family of Jailed Vietnamese Tycoon Sells Hong Kong’s Nexxus Building for $819M

trương mỹ lan vtp

2024/02/04 by Kevin He Leave a Comment

The family of jailed Vietnamese property tycoon Truong My Lan has sold a grade A office building in Hong Kong’s Central district to entities linked to a Taiwanese tech tycoon for a reported HK$6.4 billion ($819 million), as the family… Read More>>

The family of jailed Vietnamese property tycoon Truong My Lan has sold a grade A office building in Hong Kong’s Central … Read more>>>

Wee Cho Yaw UOB

UOL Chairman Wee Cho Yaw Dies at 95

Wee Cho Yaw UOB

2024/02/03 by Michael Cole Leave a Comment

UOL Group announced on Saturday that its chairman, Wee Cho Yaw, passed away at the age of 95. Wee, who also served as chairman emeritus of Singapore financial giant UOB, had run UOL since 1973 and helmed the bank controlled… Read More>>

UOL Group announced on Saturday that its chairman, Wee Cho Yaw, passed away at the age of 95. Wee, who also served as … Read more>>>

Peter Wittendorp is now APAC real estate head at HSBC AM (Image: SilkRoad)

HSBC AM Completes SilkRoad Buyout, Peter Wittendorp to Head Asia Real Estate

Peter Wittendorp is now APAC real estate head at HSBC AM (Image: SilkRoad)

2024/02/03 by Beatrice Laforga Leave a Comment

HSBC Asset Management (HSBC AM) has completed its acquisition of SilkRoad Property Partners and appointed Peter Wittendorp, founder and former chief executive officer of the Singapore-based private equity firm, to lead its real estate business in Asia Pacific.

The transaction… Read More>>

HSBC Asset Management (HSBC AM) has completed its acquisition of SilkRoad Property Partners and appointed Peter … Read more>>>

Keppel's CEO and Executive Director, Loh Chin Hua

Keppel Earnings Jump on Sale of Offshore Unit and More Asia Real Estate Headlines

Keppel's CEO and Executive Director, Loh Chin Hua

2024/02/03 by Ponrath Sopannarath Leave a Comment

Singapore’s Keppel reported record earnings for 2023, thanks to the one-off sale of a major subsidiary, with that story leading today’s headline roundup. Also in the news, a pair of SGX-listed REITs report lower payouts and Beijing is providing more… Read More>>

Singapore’s Keppel reported record earnings for 2023, thanks to the one-off sale of a major subsidiary, with that story … Read more>>>

Sachin Doshi, Weave Living

Weave-BlackRock JV Buying Singapore Citadines From CapitaLand Ascott Trust for $111M

Sachin Doshi, Weave Living

2024/02/02 by Michael Cole Leave a Comment

Weave Living continues to expand its network of investors and its portfolio of properties, with the rental residential investor and operator announcing on Friday that it has formed a joint venture with a BlackRock fund to purchase a Singapore serviced… Read More>>

Weave Living continues to expand its network of investors and its portfolio of properties, with the rental residential … Read more>>>

Nomura Real Estate president Satoshi Arai

Nomura Real Estate Posts 5.6% Rise in Nine-Month Profit on Strong Operating Revenue

Nomura Real Estate president Satoshi Arai

2024/02/02 by Christopher Caillavet Leave a Comment

Nomura Real Estate Holdings posted a 5.6 percent year-on-year profit rise to JPY 43.2 billion ($290 million) for the nine months to December as the Japanese developer’s operating revenue jumped 22.7 percent to JPY 518.3 billion.

During the period, which… Read More>>

Nomura Real Estate Holdings posted a 5.6 percent year-on-year profit rise to JPY 43.2 billion ($290 million) for the … Read more>>>

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