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Hines Caleb Shen

Hines Rolls Out Asia Value-Add Strategy with Former GLP Exec Caleb Shen at the Helm

Hines Caleb Shen

2023/10/03 by Michael Cole Leave a Comment

Having grown its Asia team to $7.9 billion in assets under management, US developer and fund manager on Tuesday announced a value-add real estate strategy targetting opportunities in the region.

The new investment vehicle is led by Caleb Shen, the… Read More>>

Having grown its Asia team to $7.9 billion in assets under management, US developer and fund manager on Tuesday … Read more>>>

Christina Tan of Keppel

Keppel Buys Out Clifford Capital Stake in Private Debt Specialist Pierfront

Christina Tan of Keppel

2023/10/03 by Beatrice Laforga Leave a Comment

Keppel Corporation has taken full ownership of private credit specialist Pierfront Capital Fund Management for an undisclosed sum as the Singapore-listed conglomerate gears up for a bigger role in Asia’s debt scene.

Keppel took over the eight-year-old firm by purchasing… Read More>>

Keppel Corporation has taken full ownership of private credit specialist Pierfront Capital Fund Management for an … Read more>>>

Vietnam Says Van Thinh Phat Committed $1.2B Fraud and More Asia Real Estate Headlines

2023/10/03 by Ponrath Sopannarath Leave a Comment

The scam that brought down Vietnam’s real estate market leads today’s collection of headlines from around the region, with police in Southeast Asia’s fastest-growing economy giving an update on the Van Thinh Phat saga. Also in the news, Evergrande resumes… Read More>>

The scam that brought down Vietnam’s real estate market leads today’s collection of headlines from around the region, … Read more>>>

ESR-Logos REIT chief executive Adrian Chui

ESR-Logos REIT Selling Singapore Building for $39M in Ninth Divestment in 10 Months

ESR-Logos REIT chief executive Adrian Chui

2023/10/03 by Michael Cole Leave a Comment

ESR-Logos REIT said on Monday that it has agreed to sell an industrial building on the west coast of Singapore for S$53 million ($38.5 million) in its ninth sale of a building from its portfolio in the past 10 months.

… Read More>>

ESR-Logos REIT said on Monday that it has agreed to sell an industrial building on the west coast of Singapore for S$53 … Read more>>>

Singapore Home Prices Crept Upwards in Q3 Despite 15% Drop in Sales

2023/10/02 by Beatrice Laforga Leave a Comment

The average price of a private home in Singapore rebounded in the third quarter, recording a 0.5 percent uptick compared to the preceding three month period, despite a 15 percent drop in the quantity of homes sold and a barrage… Read More>>

The average price of a private home in Singapore rebounded in the third quarter, recording a 0.5 percent uptick compared … Read more>>>

Clara Chan, the first CEO of a new $8B sovereign fund

Hong Kong Picks HKMA Official to Lead $8B Fund and More Asia Real Estate Headlines

Clara Chan, the first CEO of a new $8B sovereign fund

2023/10/02 by Ponrath Sopannarath Leave a Comment

Hong Kong is setting up a new $8 billion municipal investment fund and has named an executive at the city’s de facto state bank as its first CEO, with that story leading Mingtiandi’s headline roundup today. Also in the news,… Read More>>

Hong Kong is setting up a new $8 billion municipal investment fund and has named an executive at the city’s de facto … Read more>>>

Lawrence Wong Singapore

Asia Real Estate People in the News 2023-10-02

Lawrence Wong Singapore

2023/10/02 by Michael Cole Leave a Comment

A man pegged to be Singapore’s next prime minister leads this week’s review of personnel updates in the region as Lawrence Wong takes on a new role at sovereign fund GIC. Also making our list is a top-level change at… Read More>>

A man pegged to be Singapore’s next prime minister leads this week’s review of personnel updates in the region as … Read more>>>

Far East Shopping Centre

Mainland Billionaire’s Bright Ruby Buying Singapore Mall for Reported $667M

Far East Shopping Centre

2023/10/01 by Beatrice Laforga Leave a Comment

Bright Ruby Resources has won the tender for an en bloc redevelopment site along Singapore’s Orchard Road for a reported S$908 million ($667 million), agreeing to a deal which now becomes the largest collective sale in the city-state so far… Read More>>

Bright Ruby Resources has won the tender for an en bloc redevelopment site along Singapore’s Orchard Road for a reported … Read more>>>

Dominic Doran, APG Asset Management

Panel: Life Science and Core Office Investment in APAC MTD TV Office Strategies Forum 2023

Dominic Doran, APG Asset Management

2023/10/01 by Danita Phaopat Leave a Comment

Amidst a global economic slowdown, Asia Pacific office investment volume fell 56 percent year-on-year in the second quarter as buyer and seller expectations remain disparate, according to MSCI. With traditional markets readjusting, core investors have tuned into emerging trends in… Read More>>

Amidst a global economic slowdown, Asia Pacific office investment volume fell 56 percent year-on-year in the second … Read more>>>

Goldman Sachs, OMERS Launch APAC Private Credit Partnership

2023/10/01 by Beatrice Laforga Leave a Comment

Goldman Sachs Asset Management (GSAM) has teamed up with the Ontario Municipal Employees Retirement System (OMERS) to invest in private credit deals across Asia Pacific.

The partnership, a separate account handled by GSAM’s private credit division in Asia on behalf… Read More>>

Goldman Sachs Asset Management (GSAM) has teamed up with the Ontario Municipal Employees Retirement System (OMERS) to … Read more>>>

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