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KKR Japan CEO Hiro Hirano

KKR Japanese REIT Announces Eighth Apartment Acquisition of 2023

KKR Japan CEO Hiro Hirano

2023/12/16 by Poonyapat Luenam Leave a Comment

KKR’s TSE-listed REIT is almost doubling its Japanese apartments portfolio as its manager announced on Thursday the acquisition of an apartment building in Nagoya and a stake in a portfolio of multi-family assets.

“JMF determined this time to acquire one… Read More>>

KKR’s TSE-listed REIT is almost doubling its Japanese apartments portfolio as its manager announced on Thursday the … Read more>>>

Ciros Plaza

Gaw, Goldman Sachs, PAG Shopping Commercial Building on Shanghai’s Nanjing Road

Ciros Plaza

2023/12/15 by Kevin He Leave a Comment

An investor group including Hong Kong-based private equity firms Gaw Capital and PAG and the merchant banking arm of Goldman Sachs is marketing a grade-A commercial building on Shanghai’s famed West Nanjing Road in the midst of China’s property market… Read More>>

An investor group including Hong Kong-based private equity firms Gaw Capital and PAG and the merchant banking arm of … Read more>>>

Robert Ng of Sino Land

Sino Land JV Bags Kowloon Residential Site With $250M Bid

Robert Ng of Sino Land

2023/12/15 by Christopher Caillavet Leave a Comment

Hong Kong’s Sino Land continues to snap up Kowloon residential sites at bargain prices, with the local builder and partners China Merchants Land and Great Eagle Holdings winning a tender this week for a project in the Kai Tak area… Read More>>

Hong Kong's Sino Land continues to snap up Kowloon residential sites at bargain prices, with the local builder and … Read more>>>

URA chief executive officer Lim Eng Hwee

Singapore Home Sales Nearly Triple in November as Buyers Snap Up Surge in Supply 

URA chief executive officer Lim Eng Hwee

2023/12/15 by Beatrice Laforga Leave a Comment

Singapore private home sales nearly tripled to 784 units in November as a trio of condo launches helped snap three straight months of declining housing deals.

Developers’ home sales, excluding subsidised executive condos, jumped 286 percent last month from the… Read More>>

Singapore private home sales nearly tripled to 784 units in November as a trio of condo launches helped snap three … Read more>>>

Glenn-Willis_Elanor

Japan’s Kajima Backs $168M Elanor Shed Venture in Australia

Glenn-Willis_Elanor

2023/12/15 by Christopher Caillavet Leave a Comment

Elanor Investors Group has set up a joint venture with Japan’s Kajima Corporation to develop an Australian logistics portfolio with a target value of A$250 million ($167.8 million).

The tie-up with Kajima’s Icon Developments unit is set to kick-start the… Read More>>

Elanor Investors Group has set up a joint venture with Japan’s Kajima Corporation to develop an Australian logistics … Read more>>>

Hui Ka Yan or Xu Jiayin, a Chairperson of Evergrande Group

Evergrande Selling Stake in Shanghai Project and More Asia Real Estate Headlines

Hui Ka Yan or Xu Jiayin, a Chairperson of Evergrande Group

2023/12/15 by Ponrath Sopannarath Leave a Comment

China Evergrande again leads our roundup of real estate headlines from around Asia, with the troubled developer selling off its stake in a Shanghai project at a loss. Also in the news, Chinese authorities are rolling back restrictions on home… Read More>>

China Evergrande again leads our roundup of real estate headlines from around Asia, with the troubled developer selling … Read more>>>

Hamish MacDonald BlackRock

BlackRock Promotes Hamish MacDonald to Head of APAC Real Estate as Saunders Exits

Hamish MacDonald BlackRock

2023/12/14 by Christopher Caillavet Leave a Comment

BlackRock has promoted Hamish MacDonald to head of Asia Pacific real estate equity, succeeding 16-year veteran John Saunders, who is leaving the world’s largest asset manager.

While retaining his role as chief investment officer of APAC real estate equity, MacDonald will… Read More>>

BlackRock has promoted Hamish MacDonald to head of Asia Pacific real estate equity, succeeding 16-year veteran John … Read more>>>

Campfire co-founder Wang Tse

Ex-Campfire Boss, Mom Jailed for Scamming Partner in Hong Kong Mall Deal

Campfire co-founder Wang Tse

2023/12/14 by Christopher Caillavet Leave a Comment

A co-founder of defunct Hong Kong co-working operator Campfire and his mother have each been sentenced to 30 months in prison for duping a business partner into paying a bogus commission fee on the acquisition of a Tsuen Wan community… Read More>>

A co-founder of defunct Hong Kong co-working operator Campfire and his mother have each been sentenced to 30 months in … Read more>>>

Yang Huiyan Country Garden

Country Garden, Yonghui Offload Wanda Stakes as PAG-Led Investors Take Control

Yang Huiyan Country Garden

2023/12/14 by Kevin He Leave a Comment

Chinese developer Country Garden has agreed to sell its minority stake in the mall business of embattled peer Dalian Wanda Group for RMB 3.07 billion ($428 million), as the heavily indebted builder continues to liquidate assets amid a protracted funding… Read More>>

Chinese developer Country Garden has agreed to sell its minority stake in the mall business of embattled peer Dalian … Read more>>>

Shuhei Yoshida Nomura

Nomura Japanese REIT Acquires Tokyo Hotel Amid Tourism Rebound

Shuhei Yoshida Nomura

2023/12/14 by Poonyapat Luenam Leave a Comment

TSE-listed Nomura Real Estate Master Fund on Tuesday announced its acquisition of a hotel in Tokyo’s Taito ward, betting on demand for accommodation from international visitors to Japan’s capital.

The REIT sponsored by property heavyweight Nomura Real Estate Development revealed… Read More>>

TSE-listed Nomura Real Estate Master Fund on Tuesday announced its acquisition of a hotel in Tokyo’s Taito ward, betting … Read more>>>

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