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Embassy Office Parks REIT chief executive Aravind Maiya

Blackstone Sells Remaining Stake in India’s Embassy Office Parks REIT for $853.5M

Embassy Office Parks REIT chief executive Aravind Maiya

2023/12/20 by Christopher Caillavet Leave a Comment

Blackstone on Wednesday sold its remaining stake in India’s pioneering Embassy Office Parks REIT for around INR 71 billion ($853.5 million) via block sales on Indian stock exchanges, according to local media reports.

Affiliates of Blackstone exited the listed trust… Read More>>

Blackstone on Wednesday sold its remaining stake in India’s pioneering Embassy Office Parks REIT for around INR 71 … Read more>>>

Ahn Jun-sang NPS

Korea’s NPS Appoints Ahn Jun-sang as Head of Real Estate Investment

Ahn Jun-sang NPS

2023/12/20 by Kevin He Leave a Comment

Korean pension giant National Pension Services (NPS) has appointed former Samsung Securities’ head of alternative investments Ahn Jun-sang to lead its real estate investment team in a rare hire of an outsider to a leadership role in its alternative investment… Read More>>

Korean pension giant National Pension Services (NPS) has appointed former Samsung Securities’ head of alternative … Read more>>>

Hiew Yoon Khong of Mapletree

Mapletree Sells Retail Building in Osaka’s Namba Shopping District for $360M

Hiew Yoon Khong of Mapletree

2023/12/20 by Poonyapat Luenam Leave a Comment

Singapore’s Mapletree Investments has sold a 10-storey retail tower in one of Asia Pacific’s most expensive shopping districts to Japan’s fifth-largest electronics and home appliance retailer as consumer spending rebounds in Asia’s second-biggest economy.

The Temasek Holdings owned fund manager… Read More>>

Singapore’s Mapletree Investments has sold a 10-storey retail tower in one of Asia Pacific’s most expensive shopping … Read more>>>

Stuart Gibson, ESR Group Co-founder and Co-CEO

ESR Japan Income Fund Buys Nagoya Shed From Development Vehicle for $110M

Stuart Gibson, ESR Group Co-founder and Co-CEO

2023/12/20 by Christopher Caillavet Leave a Comment

ESR Japan Income Fund has acquired a warehouse in Nagoya’s western suburbs from ESR Japan Logistics Fund III for JPY 16.4 billion ($110 million), Hong Kong-listed ESR announced Wednesday.

ESR Aisai Distribution Centre is a four-storey, single-ramped facility with a… Read More>>

ESR Japan Income Fund has acquired a warehouse in Nagoya’s western suburbs from ESR Japan Logistics Fund III for JPY … Read more>>>

Actis Brian Chinappi

Actis Sells Industrial Park to Exit First Vietnam Real Estate Investment

Actis Brian Chinappi

2023/12/20 by Beatrice Laforga Leave a Comment

London-based fund manager Actis has sold its remaining interest in an industrial park in northern Vietnam to its local joint venture partner, exiting its first-ever real estate investment in the Southeast Asian nation.

Actis completed its sale of the 49-percent… Read More>>

London-based fund manager Actis has sold its remaining interest in an industrial park in northern Vietnam to its local … Read more>>>

Singapore’s Hiap Hoe Buying Perth Motel and More Asia Real Estate Headlines

2023/12/20 by Ponrath Sopannarath Leave a Comment

Singapore’s ongoing romance with Australian assets leads today’s set of real estate headlines from around Asia, with developer Hiap Hoe buying a Perth Hotel. Also in the news, Country Garden’s property management unit issues a profit warning and Bain Capital… Read More>>

Singapore’s ongoing romance with Australian assets leads today’s set of real estate headlines from around Asia, with … Read more>>>

trương mỹ lan vtp

Jailed Vietnamese Property Tycoon, 85 Accomplices Indicted for Allegedly Embezzling $12B

trương mỹ lan vtp

2023/12/19 by Beatrice Laforga Leave a Comment

Jailed Vietnamese property tycoon Truong My Lan, whose family built a cache of properties in Hong Kong and Singapore worth hundreds of millions of dollars, has been indicted with 85 co-defendants on charges of embezzling VND 304 trillion ($12 billion)… Read More>>

Jailed Vietnamese property tycoon Truong My Lan, whose family built a cache of properties in Hong Kong and Singapore … Read more>>>

Brian Cheng (Image: New World Development)

New World’s Cheng Family Picks Number Two Son to Head Infrastructure Business

Brian Cheng (Image: New World Development)

2023/12/19 by Kevin He Leave a Comment

NWS Holdings, the infrastructure and construction business of New World Development and Chow Tai Fook chairman Henry Cheng, has appointed the Hong Kong tycoon’s second eldest son, Brian Cheng Chi-ming, as co-CEO as questions over succession intensify within the family’s… Read More>>

NWS Holdings, the infrastructure and construction business of New World Development and Chow Tai Fook chairman Henry … Read more>>>

Ding Benxi (Image: Dalian Wanda)

Former Dalian Wanda President Becomes Third Wang Jianlin Associate to Vanish in 2023

Ding Benxi (Image: Dalian Wanda)

2023/12/19 by Christopher Caillavet Leave a Comment

Ding Benxi, a retired former president of Dalian Wanda and current non-executive director of the Chinese developer’s hotel arm, has become the third Wanda personality to go missing this year as the group scrambles to meet debt obligations and launch… Read More>>

Ding Benxi, a retired former president of Dalian Wanda and current non-executive director of the Chinese developer’s … Read more>>>

CapitaLand India Trust Updates Warehouse Deal and More Asia Real Estate Headlines

2023/12/19 by Ponrath Sopannarath Leave a Comment

CapitaLand India Trust is moving forward with a $21.6 million Chennai acquisition now that the pair of warehouses have been completed and leased, with that story leading Mingtiandi’s headline roundup today. Also in the news, Ping An wins a long-term… Read More>>

CapitaLand India Trust is moving forward with a $21.6 million Chennai acquisition now that the pair of warehouses have … Read more>>>

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