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Steve Hyung Kim, Head of Korea, LaSalle Investment Management

LaSalle Sells Greater Seoul Shed to Korea’s PAMCO for $95M

Steve Hyung Kim, Head of Korea, LaSalle Investment Management

2024/01/15 by Beatrice Laforga Leave a Comment

LaSalle Investment Management has sold a logistics facility on the outskirts of Seoul to local fund manager Pacific Asset Management Co. (PAMCO) for KRW 125 billion ($95 million).

LaSalle sold the 39,927 square metre (429,770 square foot) Logiport Osan Logistics… Read More>>

LaSalle Investment Management has sold a logistics facility on the outskirts of Seoul to local fund manager Pacific … Read more>>>

URA chief executive officer Lim Eng Hwee

Singapore Home Sales Plunge 83% in December, Full-Year Tally Hits 15-Year Low

URA chief executive officer Lim Eng Hwee

2024/01/15 by Beatrice Laforga Leave a Comment

Singapore new private home sales plunged 83 percent to 135 units in December from the 784 units transacted the previous month, posting the lowest monthly sales recorded in the city-state since the 2007-08 global financial crisis.

The year-end holidays and… Read More>>

Singapore new private home sales plunged 83 percent to 135 units in December from the 784 units transacted the previous … Read more>>>

Anthony Boyd

Frasers Property Appoints Group COO, Asia Emerging Markets CEO Amid Stock Slide

Anthony Boyd

2024/01/15 by Kevin He Leave a Comment

Frasers Property has elevated Anthony Boyd, who currently serves as chief executive of the Singapore-listed developer and investor’s Australia business, to the newly created role of group chief operating officer as part of a broader leadership shuffle at both the… Read More>>

Frasers Property has elevated Anthony Boyd, who currently serves as chief executive of the Singapore-listed developer … Read more>>>

Doug Adams NTT

NTT Opens 22MW Data Centre at Second Campus in India’s Noida

Doug Adams NTT

2024/01/15 by Christopher Caillavet Leave a Comment

NTT Ltd has launched its second data centre campus in India’s National Capital Region, with the company completing delivery of a 22.4-megawatt facility as the first stage of the complex in Noida.

Dubbed Noida 2, the 6 acre (2.4 hectare)… Read More>>

NTT Ltd has launched its second data centre campus in India’s National Capital Region, with the company completing … Read more>>>

kei hoi pang Logan

Mainland Developer Logan’s Restructuring Hits Snag and More Asia Real Estate Headlines

kei hoi pang Logan

2024/01/15 by Ponrath Sopannarath Leave a Comment

Logan Group leads today’s collection of headlines from around the region as the bank creditors threatened to liquidate two key units. Also in the news, India’s Phoenix Mills shelves plans to foray into warehousing properties and Hong Kong builders face… Read More>>

Logan Group leads today’s collection of headlines from around the region as the bank creditors threatened to liquidate … Read more>>>

Blackstone Peng-Wei-Tan

Asia Real Estate People in the News 2024-01-15

Blackstone Peng-Wei-Tan

2024/01/15 by Michael Cole Leave a Comment

A senior-level promotion at the world’s largest private equity firm leads this week’s review of personnel moves from around Asia, with Blackstone promoting a top member of its Singapore-based team. Also making the cut is Partners Group losing its head… Read More>>

A senior-level promotion at the world’s largest private equity firm leads this week’s review of personnel moves from … Read more>>>

larry fink blackrock

BlackRock Bets on Infrastructure with $12.5B Buyout of GIP

larry fink blackrock

2024/01/12 by Michael Cole Leave a Comment

The world’s largest money manager is about to become one of the globe’s biggest investors in ports, bridges and cell towers, with BlackRock announcing Friday that it has agreed to buy Global Infrastructure Partners in a combined cash and stock… Read More>>

The world’s largest money manager is about to become one of the globe’s biggest investors in ports, bridges and cell … Read more>>>

Chris Ailman (1)

Chris Ailman Stepping Down as CalSTRS CIO, Adding to Golden State Pension Vacancies

Chris Ailman (1)

2024/01/12 by Christopher Caillavet Leave a Comment

Chris Ailman plans to exit his longtime role as chief investment officer of the California State Teachers’ Retirement System, leaving a second CIO vacancy to fill at one of the Golden State’s massive pension funds.

Ailman is “ready to retire”… Read More>>

Chris Ailman plans to exit his longtime role as chief investment officer of the California State Teachers’ Retirement … Read more>>>

New World Tsim Sha Tsui Project Gets Planning Committee Green Light

2024/01/12 by Kevin He Leave a Comment

New World Development has secured final approval for a 28-storey commercial-led project in the heart of Kowloon’s Tsim Sha Tsui district, with the builder’s redevelopment application receiving the green light from the Hong Kong Town Planning Board’s Metro Planning Committee.

… Read More>>

New World Development has secured final approval for a 28-storey commercial-led project in the heart of Kowloon’s Tsim … Read more>>>

China Aoyuan Group, Guo Zi Wen(1)

China Aoyuan Receives Hong Kong Court Approval for Offshore Debt Restructuring Plan

China Aoyuan Group, Guo Zi Wen(1)

2024/01/12 by Christopher Caillavet Leave a Comment

China Aoyuan has received court approval in Hong Kong for the Guangzhou-based developer’s offshore debt restructuring plan after securing sanction from judges in the Cayman Islands and the British Virgin Islands last month.

Aoyuan hailed the “major milestone” in a… Read More>>

China Aoyuan has received court approval in Hong Kong for the Guangzhou-based developer’s offshore debt restructuring … Read more>>>

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