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Lujiazui View in Shanghai

Poly, Vanke Win Shanghai Development Sites and More Asia Real Estate Headlines

Lujiazui View in Shanghai

2023/04/24 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, some of China’s biggest developers bag plots in Shanghai’s maiden land sale of the year, and Fitch withdraws its ratings on Blackstone-backed data centre firm VNET. Also making the list is an industrial… Read More>>

In today’s roundup of regional news headlines, some of China’s biggest developers bag plots in Shanghai’s maiden land … Read more>>>

Chen Guoxiang Shinsun

Asia Real Estate People in the News 2023-04-24

Chen Guoxiang Shinsun

2023/04/24 by Michael Cole Leave a Comment

Some sad news mixes in with Mingtiandi’s usual crop of promotions and new hires this week as a mainland developer announces the passing of its founder and chairman. Also making our list of personnel moves this week, a Hong Kong… Read More>>

Some sad news mixes in with Mingtiandi’s usual crop of promotions and new hires this week as a mainland developer … Read more>>>

Christina Gaw of Gaw Capital Partners

Gaw Capital Partners Completes Acquisition of Guangzhou Outlet Mall

Christina Gaw of Gaw Capital Partners

2023/04/21 by Michael Cole Leave a Comment

Hong Kong’s Gaw Capital Partners, through a fund under its management and together with additional financial partners, has completed the acquisition of an Italian-themed outlet mall in southern China’s Guangdong province for an undisclosed amount, according to a statement on… Read More>>

Hong Kong’s Gaw Capital Partners, through a fund under its management and together with additional financial partners, … Read more>>>

Carlyle co-founders

PAG, Carlyle Scale Back Latest Buyout Funds and More Asia Real Estate Headlines

Carlyle co-founders

2023/04/21 by Michael Cole Leave a Comment

Worsening relations between China and the United States lead today’s headline roundup as geopolitics appear to be denting trans-Pacific investment fundraising with a pair of the world’s largest private equity firms scaling back their latest buyout strategies. Also in the… Read More>>

Worsening relations between China and the United States lead today’s headline roundup as geopolitics appear to be … Read more>>>

TE Capital's Solitaire on Cecil

Cecil Street Project Sets Singapore Price Record as 3 Floors Sell for $122M

TE Capital's Solitaire on Cecil

2023/04/21 by Michael Cole Leave a Comment

A local company has set a new Singapore price record with the purchase of a trio of office floors in Solitaire on Cecil, an office project being developed by TE Capital and LaSalle Investment Management near the Raffles Place commercial… Read More>>

A local company has set a new Singapore price record with the purchase of a trio of office floors in Solitaire on Cecil, … Read more>>>

Stephen Schwarzman

Blackstone Real Estate Earnings Down 58% in Q1

Stephen Schwarzman

2023/04/21 by Michael Cole Leave a Comment

The world’s biggest commercial landlord said on Thursday that earnings from its real estate business fell 58 percent in the first quarter compared to the same period a year ago as a market slowdown reduced Blackstone Group’s income from asset… Read More>>

The world’s biggest commercial landlord said on Thursday that earnings from its real estate business fell 58 percent in … Read more>>>

Zhang Li R&F

R&F-Linked US Properties Sold Off as Mainland Developer Continues Debt Struggles

Zhang Li R&F

2023/04/21 by Michael Cole Leave a Comment

Still under arrest in London while fighting extradition to the US on corruption charges, Guangzhou R&F Properties co-chairman Zhang Li is selling off some of his California properties, including a ranch in Santa Clara and a commercial building in San… Read More>>

Still under arrest in London while fighting extradition to the US on corruption charges, Guangzhou R&F Properties … Read more>>>

JP Morgan Tower

Blackstone Pulls Sale of JP Morgan Sydney HQ and More Asia Real Estate Headlines

JP Morgan Tower

2023/04/20 by Michael Cole Leave a Comment

The world’s biggest landlord leads Mingtiandi’s headline roundup today as Blackstone is reported to have shelved its attempt to sell JP Morgan’s Australian headquarters in Sydney’s central business district. Also making the news, investors are selling down Dalian Wanda Group’s… Read More>>

The world’s biggest landlord leads Mingtiandi’s headline roundup today as Blackstone is reported to have shelved its … Read more>>>

42 Nassim Road SIngapore

Indonesian Family Buys Bungalows on Singapore’s Nassim Road for $155M

42 Nassim Road SIngapore

2023/04/19 by Beatrice Laforga Leave a Comment

Temasek Holdings-backed Cuscaden Peak Investments has sold three mansions on Singapore’s Nassim Road for S$206.7 million ($155 million), according to a company representative, with a market source identifying the buyer to Mingtiandi as a wealthy Indonesian family.

The two-storey good… Read More>>

Temasek Holdings-backed Cuscaden Peak Investments has sold three mansions on Singapore’s Nassim Road for S$206.7 million … Read more>>>

Alvin Mah Alpha

Keppel’s Alpha Investment Partners Names New CEO as Flagship Fund Goes Quiet

Alvin Mah Alpha

2023/04/19 by Michael Cole Leave a Comment

Singapore’s Alpha Investment Partners saw its first change in top management in half a decade this month as chief executive Alvin Mah left the private fund management unit of Keppel Corporation after holding the senior level position since February 2018.

… Read More>>

Singapore’s Alpha Investment Partners saw its first change in top management in half a decade this month as chief … Read more>>>

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