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Scalpel office building London

Singapore’s Ho Bee Land Warns of Widening Loss and More Asia Real Estate Headlines

Scalpel office building London

2024/01/12 by Ponrath Sopannarath Leave a Comment

SGX-listed developer Ho Bee Land leads today’s roundup of real estate headlines with a warning of losses on the way in its 2023 results as the country’s property woes seep into industrial markets. Also making the news, China’s real estate… Read More>>

SGX-listed developer Ho Bee Land leads today’s roundup of real estate headlines with a warning of losses on the way in … Read more>>>

Ken Caplan Blackstone

Blackstone Promotes Caplan, Assant to Global CIO Roles in Leadership Expansion

Ken Caplan Blackstone

2024/01/11 by Michael Cole Leave a Comment

Blackstone is promoting its current global co-head of real estate, Ken Caplan, to be one of the company’s two global co-chief investment officers , as the world’s largest alternative asset manager continues to expand its leadership structure.

With the New… Read More>>

Blackstone is promoting its current global co-head of real estate, Ken Caplan, to be one of the company’s two global … Read more>>>

Charoen Sirivadhanabhakdi of Frasers

Frasers Property Undergoing Strategic Review Following Share Price Slide

Charoen Sirivadhanabhakdi of Frasers

2024/01/11 by Kevin He Leave a Comment

Majority shareholders of Frasers Property are studying potential capital raising scenarios across the company’s entire portfolio as part of a holistic strategic review, market sources confirmed to Mingtiandi.

Controlled by Thai billionaire Charoen Sirivadhanabhakdi, the Singapore-listed property developer and investor… Read More>>

Majority shareholders of Frasers Property are studying potential capital raising scenarios across the company’s entire … Read more>>>

Kim Tae-hyun, NPS CEO

Korea’s National Pension Service to Exit Paris Shopping Centre for Reported $219M

Kim Tae-hyun, NPS CEO

2024/01/11 by Poonyapat Luenam Leave a Comment

South Korea’s National Pension Service has agreed to sell its stake in the O’Parinor shopping centre in Paris to Sofidy, a real estate investment unit of Temasek-backed Tikehau Capital at 33 percent discount to the asking price in a marketing… Read More>>

South Korea’s National Pension Service has agreed to sell its stake in the O'Parinor shopping centre in Paris to Sofidy, … Read more>>>

Matthew Bouw, Chief Executive Officer for Asia Pacific

Cushman & Wakefield Teams With Nuvama for $361M India Office Fund

Matthew Bouw, Chief Executive Officer for Asia Pacific

2024/01/11 by Christopher Caillavet Leave a Comment

Cushman & Wakefield has partnered with Mumbai-based Nuvama Asset Management on a fund management platform aiming to raise INR 30 billion ($361.4 million) to invest in prime office properties across India’s high-growth markets.

Dubbed NCW, the 50:50 JV of Cushman… Read More>>

Cushman & Wakefield has partnered with Mumbai-based Nuvama Asset Management on a fund management platform aiming to … Read more>>>

Shaun Brodie - Cushman & Wakefield China

New Supply Wave Mutes Shanghai Office Rebound

Shaun Brodie - Cushman & Wakefield China

2024/01/11 by Christopher Caillavet Leave a Comment

Shanghai’s office leasing market saw core area absorption rebound in the fourth quarter of 2023 to reach 32,056 square metres (345,048 square feet), the highest reading of the year, but an influx of new supply boosted the Grade A vacancy… Read More>>

Shanghai’s office leasing market saw core area absorption rebound in the fourth quarter of 2023 to reach 32,056 square … Read more>>>

KWG Sells Stake in Zhejiang Project to Midea and More Asia Real Estate Headlines

2024/01/11 by Ponrath Sopannarath Leave a Comment

Guangzhou developer KWG has sold its 50 percent stake in an eastern China residential project to Midea Real Estate, with that story leading Mingtiandi’s collection of real estate headlines today. Also making the news, South Korean leaders aim to boost… Read More>>

Guangzhou developer KWG has sold its 50 percent stake in an eastern China residential project to Midea Real Estate, with … Read more>>>

Jon Paul Toppino

PAG Raises $100M From Texas Teachers for Latest Asia Opportunistic Fund

Jon Paul Toppino

2024/01/10 by Christopher Caillavet Leave a Comment

PAG has secured a $100 million capital commitment from an existing limited partner, the Teacher Retirement System of Texas, for the Asian private equity firm’s latest opportunistic real estate fund.

The investment in PAG’s Secured Capital Real Estate Partners VIII… Read More>>

PAG has secured a $100 million capital commitment from an existing limited partner, the Teacher Retirement System of … Read more>>>

Ian-Cohen-apollo

Apollo Global Management Confirms Exit From Asia Real Estate Equity Strategy

Ian-Cohen-apollo

2024/01/10 by Michael Cole Leave a Comment

Apollo Global Management, which deployed $15.7 billion into real assets globally in 2022, has walked away from its equity strategy for Asian real estate after property investment deals in the region fell by more than a third during the first… Read More>>

Apollo Global Management, which deployed $15.7 billion into real assets globally in 2022, has walked away from its … Read more>>>

Sanjeev Dasgupta - CEO of Ascendas India Trust

Singapore’s CapitaLand Unveils $540M Chennai Investment Plan

Sanjeev Dasgupta - CEO of Ascendas India Trust

2024/01/10 by Beatrice Laforga Leave a Comment

Singapore property heavyweight CapitaLand Investment (CLI) continues to bolster its presence in India as it unveils plans to invest INR 45 billion ($540 million) in business parks, logistics and data centre developments in Chennai over the next five years.

CLI… Read More>>

Singapore property heavyweight CapitaLand Investment (CLI) continues to bolster its presence in India as it unveils … Read more>>>

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