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JP Morgan Tower

Blackstone Chases $660M for Sydney Tower and More Asia Real Estate Headlines

JP Morgan Tower

2023/03/09 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Blackstone looks Down Under for its latest potential asset disposal, and China’s government ponders a novel method to maintain state control of private firms.

Blackstone Could Fetch A$1B as It… Read More>>

In today’s roundup of regional news headlines, Blackstone looks Down Under for its latest potential asset disposal, and … Read more>>>

Kunihiko Okumura LaSalle

LaSalle Promotes Nick Okumura to Japan CEO, Appoints Itaru Nogami to Manage Fund

Kunihiko Okumura LaSalle

2023/03/08 by Christopher Caillavet Leave a Comment

LaSalle Investment Management on Wednesday announced the promotion of Kunihiko (Nick) Okumura to succeed Keith Fujii as Japan CEO at the fund management unit of JLL.

In addition, Itaru Nogami will replace Ryota Morioka as fund manager of the firm’s… Read More>>

LaSalle Investment Management on Wednesday announced the promotion of Kunihiko (Nick) Okumura to succeed Keith Fujii as … Read more>>>

Sachin Doshi, Founder & Group CEO, Weave Living

Warburg Pincus, Weave Lead Off Mingtiandi Residential Forum on Tuesday

Sachin Doshi, Founder & Group CEO, Weave Living

2023/03/08 by Michael Cole Leave a Comment

One of Asia’s hottest real estate investment sectors comes into focus starting next week as Mingtiandi begins its APAC Residential Forum with an interview of top executives from Warburg Pincus and Hong Kong’s Weave Living.

The spotlight interview session brings… Read More>>

One of Asia’s hottest real estate investment sectors comes into focus starting next week as Mingtiandi begins its APAC … Read more>>>

Tokyu Land’s Activia REIT to Buy Tokyo Office Building for $220M, Sell Ginza Site Stake

2023/03/08 by Christopher Caillavet Leave a Comment

Activia Properties has agreed to acquire a central Tokyo office building for JPY 30.6 billion ($220 million), with the transaction to be financed in part by the disposal of the Japanese REIT’s interest in the land beneath a Ginza mall.

… Read More>>

Activia Properties has agreed to acquire a central Tokyo office building for JPY 30.6 billion ($220 million), with the … Read more>>>

korea nps

Korean Pension Giant Steps Up Climate Commitment and More Asia Real Estate Headlines

korea nps

2023/03/08 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, two of South Korea’s biggest institutional investors reveal plans to do business more responsibly, and Jiayuan Services becomes the latest Chinese property firm to cut ties with its auditor.

South… Read More>>

In today’s roundup of regional news headlines, two of South Korea’s biggest institutional investors reveal plans to do … Read more>>>

ARA Sells Half Stake in Singapore’s Lazada One to Sumitomo Mitsui-Backed Fund for $269M

2023/03/07 by Beatrice Laforga Leave a Comment

ESR’s ARA Asset Management has divested its half stake in a Singapore office project to a fund backed by Japanese giant Sumitomo Mitsui Finance and Leasing Company (SMFL) for S$362.4 million ($269.3 million), Mingtiandi has learned.

A fund managed by… Read More>>

ESR’s ARA Asset Management has divested its half stake in a Singapore office project to a fund backed by Japanese giant … Read more>>>

Richard van Den Berg

M&G Completes $248M Purchase of Four Singapore Auto Facilities From Cycle & Carriage 

Richard van Den Berg

2023/03/07 by Beatrice Laforga Leave a Comment

M&G Real Estate has completed its purchase of four car showrooms in Singapore from auto distributor Jardine Cycle & Carriage (JC&C) for a combined S$333 million ($248 million), in the city-state’s largest industrial deal in nearly four years.

“The attraction… Read More>>

M&G Real Estate has completed its purchase of four car showrooms in Singapore from auto distributor Jardine Cycle … Read more>>>

Myanmar Sedona Hotel Yangon

Keppel Land Exiting Myanmar Hotel Project and More Asia Real Estate Headlines

Myanmar Sedona Hotel Yangon

2023/03/07 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Singapore’s Keppel Land sells out of a Myanmar hotel development, and insurance giant Ping An Group says it’s on the hook for about a fourth of the estimated damage bill from the Kimpton… Read More>>

In today’s roundup of regional news headlines, Singapore’s Keppel Land sells out of a Myanmar hotel development, and … Read more>>>

Andrew Lee of BlackRock

BlackRock Ups Stake in Mapletree Logistics Trust, Becoming Substantial Unitholder

Andrew Lee of BlackRock

2023/03/07 by Greg Isaacson Leave a Comment

BlackRock Inc. has become a substantial investor in Mapletree Logistics Trust, the Singapore-based industrial specialist, as the US asset manager continues to target the city-state’s industrial sector.

Through one of its subsidiaries, BlackRock acquired just under 1.8 million units of… Read More>>

BlackRock Inc. has become a substantial investor in Mapletree Logistics Trust, the Singapore-based industrial … Read more>>>

Stuart Crow JLL

Pricing, Interest Rate Challenges Test Investors in APAC Commercial Real Estate Markets

Stuart Crow JLL

2023/03/07 by Christopher Caillavet Leave a Comment

Real estate investors are pointing to uncertainties around pricing and rising interest rates as the main factors slowing capital deployment in Asia Pacific commercial property markets this year, according to JLL.

A survey of global and regional investors found that… Read More>>

Real estate investors are pointing to uncertainties around pricing and rising interest rates as the main factors slowing … Read more>>>

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