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Stephen Schwarzman Blackstone

Blackstone Hits $30.4B Final Close for Global Real Estate Fund

Stephen Schwarzman Blackstone

2023/04/11 by Michael Cole Leave a Comment

Blackstone has raised $30.4 billion for its Blackstone Real Estate Partners X fund, making it the largest closed-end investment vehicle ever in the real estate or private equity sectors, the company announced on Tuesday.

The final close for the tenth… Read More>>

Blackstone has raised $30.4 billion for its Blackstone Real Estate Partners X fund, making it the largest closed-end … Read more>>>

Liu Lit Chi Liu Chong Hing

Hong Kong’s Liu Chong Hing Investment Buys London Commercial Building for $55M

Liu Lit Chi Liu Chong Hing

2023/04/11 by Christopher Caillavet Leave a Comment

Liu Chong Hing Investment has acquired a commercial building in London’s West End for £44 million ($54.7 million), as the Hong Kong-based firm takes advantage of a market slowdown to pick up its first real estate asset in the UK.

… Read More>>

Liu Chong Hing Investment has acquired a commercial building in London’s West End for £44 million ($54.7 million), as … Read more>>>

26 Chin Bee Drive Singapore

ARA-Kenedix JV Buys Iron Mountain Warehouse in Singapore’s Jurong West For $35M

26 Chin Bee Drive Singapore

2023/04/11 by Beatrice Laforga Leave a Comment

After starting March with an investment in Singapore’s Lazada One office building, ESR’s ARA Asset Management teamed up with its Japanese joint venture, Kenedix, for a second time last month to acquire an industrial building in the city-state’s Jurong West… Read More>>

After starting March with an investment in Singapore’s Lazada One office building, ESR’s ARA Asset Management teamed up … Read more>>>

Kaisa Group Holdings Limited Chairman and Executive Director Kwok Ying-shing at the Kaisa Group Holdings Limited Annual Results Announcement 2016 Press Conference at the The Landmark Mandarin Oriental in Central

Shenzhen’s Kaisa Loses $147M Nam Tai Lawsuit in Latest Legal Blow

Kaisa Group Holdings Limited Chairman and Executive Director Kwok Ying-shing at the Kaisa Group Holdings Limited Annual Results Announcement 2016 Press Conference at the The Landmark Mandarin Oriental in Central

2023/04/11 by Christopher Caillavet Leave a Comment

The owners of China’s Nam Tai Property have scored a victory in their legal battle against Shenzhen-based builder Kaisa Group Holdings, with a Hong Kong arbitrator dismissing Kaisa’s $146.9 million claim against Nam Tai over a disputed private placement.

The… Read More>>

The owners of China’s Nam Tai Property have scored a victory in their legal battle against Shenzhen-based builder Kaisa … Read more>>>

Empyrion DC Gangnam

Empyrion Clinches Financing for Seoul Data Centre and More Asia Real Estate Headlines

Empyrion DC Gangnam

2023/04/11 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Singapore’s Empyrion DC bags a loan to fund its first Korean data centre project, and a Vietnam drinks tycoon is the latest to be snared in the country’s graft crackdown.

… Read More>>

In today’s roundup of regional news headlines, Singapore’s Empyrion DC bags a loan to fund its first Korean data centre … Read more>>>

KKR JMF Taito Site

KKR Japan REIT Adds to Tokyo Apartment Pipeline With $33M Acquisition

KKR JMF Taito Site

2023/04/10 by Christopher Caillavet Leave a Comment

One of the busiest global investors in Japan real estate is adding another asset to its portfolio, as KKR’s Tokyo-listed REIT has agreed to acquire an under-construction apartment building in the capital city’s Taito ward for JPY 4.32 billion ($33… Read More>>

One of the busiest global investors in Japan real estate is adding another asset to its portfolio, as KKR’s Tokyo-listed … Read more>>>

NEX Mercatus

Singapore Investment Deals Down 61% From Year Ago as Buyers Turn Cautious

NEX Mercatus

2023/04/10 by Christopher Caillavet Leave a Comment

Investment transactions in Singapore’s real estate market fell 61 percent in the first quarter compared with a year ago, falling to just S$4.2 billion (now $3.2 billion) in the three-month period, according to a report by Knight Frank.

The first-quarter… Read More>>

Investment transactions in Singapore’s real estate market fell 61 percent in the first quarter compared with a year ago, … Read more>>>

Tembusu Grand Launch

CDL-Hongkong Land JV Sells 53% of Units at Launch and More Asia Real Estate Headlines 

Tembusu Grand Launch

2023/04/10 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, buyers rush to the latest residential project by CDL and Hongkong Land in Singapore’s Katong area, and Blackstone-backed India retail trust Nexus REIT reportedly readies its IPO.

Tembusu Grand Sells… Read More>>

In today’s roundup of regional news headlines, buyers rush to the latest residential project by CDL and Hongkong Land in … Read more>>>

Hwang Yu CapitaLand

Asia Real Estate People in the News 2023-04-10

Hwang Yu CapitaLand

2023/04/10 by Michael Cole Leave a Comment

Southeast Asia’s largest real estate group keeps expanding its fund management business with the latest addition to the CapitaLand team leading this week’s round of people moves on Mingtiandi. Also getting mentions are new board members at developers Goodman and… Read More>>

Southeast Asia’s largest real estate group keeps expanding its fund management business with the latest addition to the … Read more>>>

Zhang Yuanlin Sinic

Sinic Holdings Becomes First Chinese Developer to Delist During Real Estate Crisis

Zhang Yuanlin Sinic

2023/04/09 by Christopher Caillavet Leave a Comment

Sinic Holdings, a midsize builder and early defaulter during China’s ongoing real estate crisis, is set to be the first mainland developer to be stricken from the Hong Kong stock exchange during the current real estate crisis.

Sinic’s shares will… Read More>>

Sinic Holdings, a midsize builder and early defaulter during China’s ongoing real estate crisis, is set to be the first … Read more>>>

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