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Weijian Shan, PAG

ADIA, Mubadala and Ares Confirmed as Partners in $8.3B PAG Takeover of Wanda Malls

Weijian Shan, PAG

2024/03/30 by Michael Cole 2 Comments

PAG on Saturday joined with partners CITIC Capital, Ares Management, the Abu Dhabi Investment Authority and Mubadala Investment Company in confirming their takeover of Dalian Wanda Group’s primary shopping mall management business.

In a joint announcement the companies said they… Read More>>

PAG on Saturday joined with partners CITIC Capital, Ares Management, the Abu Dhabi Investment Authority and Mubadala … Read more>>>

Marubeni Corporation president and CEO Masumi Kakinoki

Marubeni’s United Urban J-REIT Unloading Kawasaki Toshiba Building for $130M

Marubeni Corporation president and CEO Masumi Kakinoki

2024/03/29 by Christopher Caillavet Leave a Comment

United Urban Investment Corporation has agreed to sell an ageing Greater Tokyo office building to an undisclosed buyer for JPY 19 billion ($130 million), with the TSE-listed REIT also planning to acquire more strata space in the capital’s Chiyoda ward.

… Read More>>

United Urban Investment Corporation has agreed to sell an ageing Greater Tokyo office building to an undisclosed buyer … Read more>>>

Yang Huiyan Country Garden

Country Garden Delays Annual Results as Chinese Developers Report More Losses

Yang Huiyan Country Garden

2024/03/29 by Kevin He Leave a Comment

Country Garden, China’s largest private property developer, has delayed the publication of its 2023 financial results, citing the need to collect more information to make appropriate accounting estimates and judgments.

In a filing to the Hong Kong Stock Exchange on… Read More>>

Country Garden, China’s largest private property developer, has delayed the publication of its 2023 financial results, … Read more>>>

Li Ka-shing CK Asset

Li Ka-Shing’s CK Asset Selling Homes Below Cost and More Asia Real Estate Headlines

Li Ka-shing CK Asset

2024/03/29 by Ponrath Sopannarath Leave a Comment

Hong Kong’s richest man has started selling homes below the cost of building them, with that story reading Mingtiandi’s headline roundup today. Also making the list, Fitch Ratings downgrades China Longfor to junk status and China Vanke vows to cut… Read More>>

Hong Kong's richest man has started selling homes below the cost of building them, with that story reading Mingtiandi's … Read more>>>

Global Link Management chief executive Daejoong Kim

Tokyo-Listed Real Estate Firm Selling 14 Japanese Residential Assets for Over $99M

Global Link Management chief executive Daejoong Kim

2024/03/28 by Poonyapat Luenam Leave a Comment

Japan’s Global Link Management is selling a portfolio of apartment buildings across Tokyo and two neighbouring prefectures as investors continue to favour opportunities in Asia’s largest rental housing market.

The TSE-listed developer is selling 14 multi-family properties in Tokyo, Saitama,… Read More>>

Japan’s Global Link Management is selling a portfolio of apartment buildings across Tokyo and two neighbouring … Read more>>>

Scape Shot

Aussie BTR Sector Primed for Consolidation as Market Favours Scale: MTD TV

Scape Shot

2024/03/28 by Kevin He Leave a Comment

Australia’s build-to-rent (BTR) sector is primed for consolidation as high operating costs create opportunities for larger players to gain a market edge through economies of scale, according to senior executives from Local: Residential, Sentinel, Scape and Aware Super. Watch… Read More>>

Australia’s build-to-rent (BTR) sector is primed for consolidation as high operating costs create opportunities for … Read more>>>

Natalie Craig

C&W Promotes Natalie Craig to Singapore CEO, Noral Wild to Lead Australia

Natalie Craig

2024/03/28 by Christopher Caillavet Leave a Comment

Cushman & Wakefield has named Natalie Craig as country CEO for Singapore and Noral Wild as CEO for Australia and New Zealand, with both appointments effective from 1 April.

The newly created roles bring the two countries into alignment with… Read More>>

Cushman & Wakefield has named Natalie Craig as country CEO for Singapore and Noral Wild as CEO for Australia and New … Read more>>>

PDG TY1 Japan

PDG, Lendlease Complete Initial 48MW Phase at Greater Tokyo Data Centre

PDG TY1 Japan

2024/03/28 by Christopher Caillavet Leave a Comment

Singapore-based Princeton Digital Group and Australian builder Lendlease have completed construction of the 48-megawatt first phase of the data centre platform’s first project in Japan.

The six-storey facility in Saitama City, 30 kilometres (18.6 miles) north of central Tokyo, is… Read More>>

Singapore-based Princeton Digital Group and Australian builder Lendlease have completed construction of the 48-megawatt … Read more>>>

chindata data centre ChinaNorth W01

Bain Eyes Fresh Backers for Chindata and More Asia Real Estate Headlines

chindata data centre ChinaNorth W01

2024/03/28 by Ponrath Sopannarath Leave a Comment

Bain Capital looks for new backers to expand regional data centre platform Chindata, with that story leading Mingtiandi’s headline roundup today. Country Garden also makes the list as it hires New York-based Kroll for liquidation analysis, and Shimao bondholders disagree… Read More>>

Bain Capital looks for new backers to expand regional data centre platform Chindata, with that story leading … Read more>>>

Joe Tsai - Alibaba

Alibaba Cancels Cainiao IPO, Offers to Buy Out Shares for $3.75B

Joe Tsai - Alibaba

2024/03/27 by Christopher Caillavet Leave a Comment

Alibaba Group has scrapped plans for a Hong Kong initial public offering of its Cainiao logistics unit, with the Chinese e-commerce giant instead looking to buy the remaining Cainiao shares it does not own for $3.75 billion.

Alibaba holds a… Read More>>

Alibaba Group has scrapped plans for a Hong Kong initial public offering of its Cainiao logistics unit, with the Chinese … Read more>>>

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