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Embassy REIT to Buy $152M Chennai Business Park and More Asia Real Estate Headlines

2024/04/08 by Ponrath Sopannarath Leave a Comment

India’s booming office park sector leads Mingtiandi’s headline roundup today with Embassy REIT planning to buy a Chennai property from its sponsor, Embassy Group. Also in the news, one of the mainland’s biggest banks has filed a wind-up petition against… Read More>>

India’s booming office park sector leads Mingtiandi’s headline roundup today with Embassy REIT planning to buy a Chennai … Read more>>>

Rahul Rana

Asia Real Estate People in the News 2024-04-06

Rahul Rana

2024/04/08 by Michael Cole Leave a Comment

New leadership at one of Singapore’s troubled REITS of US office properties leads this week’s roundup of personnel moves from around the region. Also making the list is a new asset management boss for one of the most active office… Read More>>

New leadership at one of Singapore’s troubled REITS of US office properties leads this week’s roundup of personnel moves … Read more>>>

Cheng Kar-Shun, NWD

New World’s Cheng Family Ousts Giordano Boss in Hong Kong Fashion Battle

Cheng Kar-Shun, NWD

2024/04/07 by Kevin He Leave a Comment

The Cheng family of Hong Kong’s New World Development and Chow Tai Fook jewelry stores has succeeded in ousting the chief executive and chairman of Giordano International, pushing through new leadership for the fashion retailer at a special general meeting… Read More>>

The Cheng family of Hong Kong’s New World Development and Chow Tai Fook jewelry stores has succeeded in ousting the … Read more>>>

Bernard Armstrong

Japan’s Sumitomo Forestry Takes on $790M Australia BTR JV

Bernard Armstrong

2024/04/07 by Mingtiandi Team Leave a Comment

A real estate affiliate of Japan’s Sumitomo Corporation has formed a wood-themed A$1.2 billion ($790 million) joint venture with Brisbane property firm Cedar Pacific to develop rental housing in Australia as Japanese companies deepen their involvement in the country’s residential… Read More>>

A real estate affiliate of Japan’s Sumitomo Corporation has formed a wood-themed A$1.2 billion ($790 million) joint … Read more>>>

Fiera Capital head of Japan CJ Morrell

Fiera Capital Names CJ Morrell as Head of Japan

Fiera Capital head of Japan CJ Morrell

2024/04/07 by Christopher Caillavet Leave a Comment

The Land of the Rising Sun continues to climb in the estimation of overseas fund managers, with Fiera Capital becoming the latest to extend its reach with the appointment of CJ Morrell as head of Japan.

Morrell’s newly created role… Read More>>

The Land of the Rising Sun continues to climb in the estimation of overseas fund managers, with Fiera Capital becoming … Read more>>>

Yang Huiyan Country Garden

Country Garden Services Executive Resigns, Share Option Scheme Cancelled

Yang Huiyan Country Garden

2024/04/07 by Christopher Caillavet Leave a Comment

Country Garden Services Holdings on Wednesday announced the resignation of an executive director and the cancellation of the company’s 2020-era share option scheme.

The property management arm of troubled Chinese developer Country Garden said Guo Zhanjun stepped down with immediate… Read More>>

Country Garden Services Holdings on Wednesday announced the resignation of an executive director and the cancellation of … Read more>>>

Simon Garing, CEO and executive director of Stoneweg Europe Stapled Trust's managers

Cromwell E-REIT Sells Poland Office Asset and More Asia Real Estate Headlines

Simon Garing, CEO and executive director of Stoneweg Europe Stapled Trust's managers

2024/04/07 by Ponrath Sopannarath Leave a Comment

Cromwell European REIT leads Mingtiandi’s headline roundup today as the SGX-listed trust divests a non-core office property in Poland for $17 million. Also making the list, Singapore condo rents could start to head downward as vacancies rise and the mainland… Read More>>

Cromwell European REIT leads Mingtiandi’s headline roundup today as the SGX-listed trust divests a non-core office … Read more>>>

Souvik Mukherjee, Mapletree

Speaker Bio: Souvik Mukherjee of Mapletree MTD TV Productions

Souvik Mukherjee, Mapletree

2024/04/06 by Mingtiandi Team Leave a Comment

Mr Souvik Mukherjee is responsible for sourcing and evaluating acquisition opportunities for Mapletree as well as managing the existing assets in India.

Mr Mukherjee has over 20 years of professional experience in real estate and infrastructure sectors across domains like… Read More>>

Mr Souvik Mukherjee is responsible for sourcing and evaluating acquisition opportunities for Mapletree as well as … Read more>>>

Sherman Kwek of CDL

CDL-Mitsui JV Places Sole Bid of $820M for Singapore’s First Rental Housing Project

Sherman Kwek of CDL

2024/04/04 by Beatrice Laforga Leave a Comment

A joint venture between City Developments Ltd and Japan’s MItsui Fudosan placed the sole bid for a site in Singapore’s posh District 10, positioning the partners to develop a mixed residential and commercial project which includes the city-state’s first land… Read More>>

A joint venture between City Developments Ltd and Japan’s MItsui Fudosan placed the sole bid for a site in Singapore’s … Read more>>>

UnionInvestment Adam

Germany’s Union Investment Sells Pair of Tokyo Office Buildings for Over $297M

UnionInvestment Adam

2024/04/04 by Poonyapat Luenam Leave a Comment

As office rents in central Tokyo continue to climb, Germany’s Union Investment has sold a pair of commercial towers in the city’s central Shibuya ward after holding the assets for over nine years.

The Frankfurt-based fund manager in February announced… Read More>>

As office rents in central Tokyo continue to climb, Germany’s Union Investment has sold a pair of commercial towers in … Read more>>>

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MTD TV

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