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Peter Ma Mingzhe, founder and chairman of Ping An Insurance Group (Source: Ping An)

Moody’s Cuts Ping An Property Arm to Junk and More Asia Real Estate Headlines

Peter Ma Mingzhe, founder and chairman of Ping An Insurance Group (Source: Ping An)

2023/10/12 by Ponrath Sopannarath Leave a Comment

The continuing decay in China’s real estate sector leads today’s collection of headlines from around the region, with Moody’s downgrading one of the country’s largest developers to junk. Also making the list today, PGIM launches a tech-powered investment platform and… Read More>>

The continuing decay in China’s real estate sector leads today’s collection of headlines from around the region, with … Read more>>>

Koichiro Obu_014Pt

DWS Names Koichiro Obu Head of Japan Real Estate

Koichiro Obu_014Pt

2023/10/12 by Michael Cole Leave a Comment

DWS continues to add to its Asia Pacific leadership team with the investment management unit of Deutsche Bank announcing on Tuesday that it has promoted Koichiro Obu to head of real estate for Japan.

Obu is taking on the top… Read More>>

DWS continues to add to its Asia Pacific leadership team with the investment management unit of Deutsche Bank announcing … Read more>>>

Real Estate In Wuhan

Morgan Stanley Says Chinese Afraid to Buy Homes and More Asia Real Estate Headlines

Real Estate In Wuhan

2023/10/11 by Ponrath Sopannarath Leave a Comment

Buying a home in China was once a step on the road to wealth, but it may now look like the first chapter in a horror story, according to a Morgan Stanley survey that leads today’s headline roundup. Also in… Read More>>

Buying a home in China was once a step on the road to wealth, but it may now look like the first chapter in a horror … Read more>>>

Tim Blackburn of Swire Properties

Swire Confirms $1.35B Investment in Pair of Pudong Development Projects

Tim Blackburn of Swire Properties

2023/10/11 by Michael Cole Leave a Comment

Just before heading off for China’s National Day holiday Swire Properties confirmed its purchase of stakes in a pair of mixed-use projects in Shanghai’s Pudong district from local government developer Lujiazui Group as it continues to expand its holdings in… Read More>>

Just before heading off for China’s National Day holiday Swire Properties confirmed its purchase of stakes in a pair of … Read more>>>

Timothy Geithner Warburg Pincus

Warburg Pincus Raises $17.3B for Buyout Fund, Exceeds Target

Timothy Geithner Warburg Pincus

2023/10/11 by Michael Cole Leave a Comment

US private equity giant Warburg Pincus said on Tuesday that it has closed on $17.3 billion in equity for its latest buyout fund, exceeding its target of $16 billion by more than 7 percent.

The New York-based firm said that,… Read More>>

US private equity giant Warburg Pincus said on Tuesday that it has closed on $17.3 billion in equity for its latest … Read more>>>

David Teo’s Apricot Capital Buys Bukit Timah Shopping Centre in Singapore for $77M

2023/10/10 by Beatrice Laforga Leave a Comment

Apricot Capital, the family office of Singapore instant coffee king David Teo and his family, is buying a mixed-residential and retail property in Bukit Timah for S$105 million ($77 million) as the city-state’s real estate market continues to appeal to… Read More>>

Apricot Capital, the family office of Singapore instant coffee king David Teo and his family, is buying a … Read more>>>

Yang Huiyan Country Garden

Country Garden Hires Advisors as 17 October Default Deadline Looms

Yang Huiyan Country Garden

2023/10/10 by Michael Cole Leave a Comment

China’s largest developer appears to be preparing for default on more than $17 billion in offshore debt obligations as it approaches a 17 October bond payment deadline amid collapsing sales.

Country Garden Holdings alerted the Hong Kong stock exchange early… Read More>>

China’s largest developer appears to be preparing for default on more than $17 billion in offshore debt obligations as … Read more>>>

Kaisa Group Holdings chairman Kwok Ying-shing

Creditors of China’s Kaisa Could Face 95% Loss and More Asia Real Estate Headlines

Kaisa Group Holdings chairman Kwok Ying-shing

2023/10/10 by Ponrath Sopannarath Leave a Comment

A pioneer of Chinese developer defaults is said to be warning that creditors would lose 95 percent of their money if the company is liquidated, with that story leading today’s collection of real estate headlines from around the region. Also… Read More>>

A pioneer of Chinese developer defaults is said to be warning that creditors would lose 95 percent of their money if the … Read more>>>

Teresa Zhuge of GLP

GLP Capital Partners Closes on $240M for China Value-Add Fund

Teresa Zhuge of GLP

2023/10/09 by Michael Cole Leave a Comment

GLP Capital Partners said on Monday that it has raised RMB 1.75 billion ($240 million) in fresh capital for a China value-add strategy, marking its second major closing for a mainland investment vehicle this year.

The fund management division of… Read More>>

GLP Capital Partners said on Monday that it has raised RMB 1.75 billion ($240 million) in fresh capital for a China … Read more>>>

Kenny Lam Link REIT

Manulife IM Welcomes Back Kenny Lam as CIO for APAC Real Estate

Kenny Lam Link REIT

2023/10/09 by Michael Cole Leave a Comment

Manulife Investment Management on Monday confirmed that it has brought back Kenny Lam for a return engagement, who left the company in May last year to join Hong Kong’s Link REIT.

Lam began serving as chief investment officer and head… Read More>>

Manulife Investment Management on Monday confirmed that it has brought back Kenny Lam for a return engagement, who left … Read more>>>

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