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ARA Korea CEO Anthony Kang

ARA Korea Buying Conrad Seoul Hotel from Brookfield for $289M

ARA Korea CEO Anthony Kang

2024/06/04 by Kevin He Leave a Comment

The Korean unit of Singapore-based real estate fund manager ARA Asset Management has agreed to acquire the Conrad hotel in Seoul from Canadian giant Brookfield Asset Management, after a travel rebound saw the number of international tourists in the first… Read More>>

The Korean unit of Singapore-based real estate fund manager ARA Asset Management has agreed to acquire the Conrad hotel … Read more>>>

Paul Dwyer, Head of Data Centres, LOGOS

Logos, Bridge Data Centres Team With Local Partners UEM, Mah Sing on Malaysia Projects

Paul Dwyer, Head of Data Centres, LOGOS

2024/06/04 by Christopher Caillavet Leave a Comment

Industrial specialist Logos and Chindata’s Bridge Data Centres have become the latest to launch Malaysia server-hosting projects, as Asia Pacific’s hottest digital infrastructure market continues to attract new development.

Sydney-based Logos has teamed with Malaysian developer UEM Sunrise to build… Read More>>

Industrial specialist Logos and Chindata’s Bridge Data Centres have become the latest to launch Malaysia server-hosting … Read more>>>

Serena Teo Ascott

CapitaLand Ascott Trust Buys Out South Carolina Student Housing Project

Serena Teo Ascott

2024/06/04 by Christopher Caillavet Leave a Comment

Singapore-listed CapitaLand Ascott Trust has taken full ownership of Standard at Columbia after acquiring the remaining 10 percent stake in the US student accommodation asset.

In 2021, CLAS (then known as Ascott Residence Trust) teamed with sponsor The Ascott Ltd… Read More>>

Singapore-listed CapitaLand Ascott Trust has taken full ownership of Standard at Columbia after acquiring the remaining … Read more>>>

Ex-Goldman Japan Exec Joins Jack Ma-Backed PE Firm and More Asia Real Estate Headlines

2024/06/04 by Ponrath Sopannarath Leave a Comment

A former Goldman Sachs executive in Japan joins a private equity firm backed by Alibaba’s Jack Ma, with that story leading Mingtiandi’s headline roundup today. Also making the news, KKR considers entering Japan’s private credit market and Google completes its… Read More>>

A former Goldman Sachs executive in Japan joins a private equity firm backed by Alibaba’s Jack Ma, with that story … Read more>>>

Stephanie Lo Shui On

Asia Real Estate People in the News 2024-06-03

Stephanie Lo Shui On

2024/06/03 by Michael Cole Leave a Comment

Board moves at real estate giants in Hong Kong, Singapore and mainland China led this week’s review of personnel moves from around the region on Mingtiandi, starting with Shui On Land promoting an heir-apparent to vice chairman. Also making the… Read More>>

Board moves at real estate giants in Hong Kong, Singapore and mainland China led this week’s review of personnel moves … Read more>>>

Pacifica president and CEO Seth Sulkin

Pacifica to Develop, Operate Courtyard by Marriott Hotel in Hiroshima

Pacifica president and CEO Seth Sulkin

2024/06/03 by Christopher Caillavet Leave a Comment

Tokyo-based Pacifica Capital and Pacifica Hotels are partnering with Marriott International on a new 183-key hotel in central Hiroshima, as Japan’s hospitality sector continues to generate deals amid a tourism boom.

Scheduled to open in early 2027, the project will… Read More>>

Tokyo-based Pacifica Capital and Pacifica Hotels are partnering with Marriott International on a new 183-key hotel in … Read more>>>

ANREV Top 10 managers

ESR Leads APAC Real Estate Fund Managers by AUM: ANREV

ANREV Top 10 managers

2024/06/03 by Kevin He Leave a Comment

Global real estate assets managed by a sample of fund managers reached $4.1 trillion at the end of 2023, representing a 2.5 percent decline from the prior year and marking the second consecutive year of contraction from the historic peak… Read More>>

Global real estate assets managed by a sample of fund managers reached $4.1 trillion at the end of 2023, representing a … Read more>>>

Tham Kuo Wei of Mapletree

Mapletree Industrial Trust CEO Tham Kuo Wei Leaving Post in July

Tham Kuo Wei of Mapletree

2024/06/03 by Christopher Caillavet Leave a Comment

The longtime CEO of Mapletree Industrial Trust’s manager is stepping down, as Singapore’s Mapletree Investments continues to shake up the leadership at its sponsored REITs.

Tham Kuo Wei, MIT’s boss of more than 13 years, will relinquish his roles as… Read More>>

The longtime CEO of Mapletree Industrial Trust’s manager is stepping down, as Singapore’s Mapletree Investments … Read more>>>

Xu Jiayin evergrande

China Evergrande Fined $576M for Fraud and More Asia Real Estate Headlines

Xu Jiayin evergrande

2024/06/03 by Michael Cole Leave a Comment

The poster child for China’s real estate crisis leads Mingtiandi’s headline roundup again today, with Beijing authorities fining Evergrande $576 million for fraud. JD.com also makes the news with the postponement of a Hong Kong IPO and China home prices… Read More>>

The poster child for China’s real estate crisis leads Mingtiandi’s headline roundup again today, with Beijing … Read more>>>

Stephen Schwarzman Blackstone

Blackstone Marketing Singapore Worker Housing Portfolio

Stephen Schwarzman Blackstone

2024/06/02 by Beatrice Laforga Leave a Comment

Blackstone is marketing a portfolio of foreign worker dormitories in Singapore after holding the properties for more than a decade, Mingtiandi has learned.

The private equity giant has appointed Barclays to market the Avery Lodge portfolio, a set of four… Read More>>

Blackstone is marketing a portfolio of foreign worker dormitories in Singapore after holding the properties for more … Read more>>>

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