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Sam Bisla, Head of Living, Australia, Hines

Hines Inks $960M Aussie Rental Residential JV with Canada’s Cadillac Fairview

Sam Bisla, Head of Living, Australia, Hines

2022/11/02 by Beatrice Laforga Leave a Comment

US developer Hines is going deeper into Asia Pacific’s build-to-rent sector through a partnership with Canadian pension manager Cadillac Fairview targeting A$1.5 billion ($960 million) worth of rental homes in Australia, according to a press release Wednesday.

The joint venture… Read More>>

US developer Hines is going deeper into Asia Pacific’s build-to-rent sector through a partnership with Canadian pension … Read more>>>

mike-hagbeck Storhub

Warburg Pincus’ Storhub Buys Two More Floors in Kowloon Self-Storage Building

mike-hagbeck Storhub

2022/11/02 by Pawara Laothamatas Leave a Comment

Top fund managers continue to snatch up properties to expand self-storage businesses in Asia’s biggest markets, with Warburg Pincus-backed Storhub having expanded its holdings in a Hong Kong industrial building for the second time in two months and the third… Read More>>

Top fund managers continue to snatch up properties to expand self-storage businesses in Asia’s biggest markets, with … Read more>>>

Ronnie Chan Hang Lung

Hang Lung Approved to Build $637M Luxury Project on Former US Site in Hong Kong

Ronnie Chan Hang Lung

2022/11/02 by Pawara Laothamatas Leave a Comment

Hang Lung Properties has been given the green light to build luxury homes on a former US government site on Hong Kong’s Shouson Hill, according to a recent report by the city’s Buildings Department, with analysts predicting that the… Read More>>

Hang Lung Properties has been given the green light to build luxury homes on a former US government site on Hong Kong’s … Read more>>>

GLP China New shed in Mainland China

S&P Goes Negative on GLP and GLP China and More Asia Real Estate Headlines

GLP China New shed in Mainland China

2022/11/02 by Michael Cole Leave a Comment

Scepticism of Chinese property companies may now be spreading even to the much admired logistics sector as a credit rating giant unveils a dimming outlook for GLP. Also in the news today, Evergrande has $4.5 billion of fresh debt trouble… Read More>>

Scepticism of Chinese property companies may now be spreading even to the much admired logistics sector as a credit … Read more>>>

Isabelle Low Gaw Capital

Gaw Capital Said Nearing $540M Buy of Blackstone Tokyo Sheds

Isabelle Low Gaw Capital

2022/11/01 by Iris Hong Leave a Comment

Hong Kong’s Gaw Capital Partners is said to be nearing a deal to acquire seven Japanese warehouses owned by funds managed by Blackstone for about JPY 80 billion ($540 million).

Sources familiar with the discussions confirmed with Mingtiandi an earlier… Read More>>

Hong Kong’s Gaw Capital Partners is said to be nearing a deal to acquire seven Japanese warehouses owned by funds … Read more>>>

MATTHEW-YAO LaSalle

LaSalle Hires PGIM’s Matthew Yao to Lead RMB Strategy

MATTHEW-YAO LaSalle

2022/11/01 by Pawara Laothamatas Leave a Comment

LaSalle Investment Management is taking advantage of a newly won license to raise local currency funds in China by launching its first renminbi strategy, and has hired former PGIM Real Estate executive Matthew Jianguo Yao to run the new fund.

… Read More>>

LaSalle Investment Management is taking advantage of a newly won license to raise local currency funds in China by … Read more>>>

Wee Lih Koh

Keppel REIT Enters Japan Market with $60M Ginza Office Buy

Wee Lih Koh

2022/11/01 by Pawara Laothamatas Leave a Comment

Keppel REIT is entering the Japanese market with a S$85.7 million ($60.5 million) acquisition on the capital’s most famous shopping street, according to an announcement by the manager of the Singapore-listed trust late Friday.

The REIT is set to acquire… Read More>>

Keppel REIT is entering the Japanese market with a S$85.7 million ($60.5 million) acquisition on the capital’s most … Read more>>>

James-Macdonald

Shanghai Office Rents Dipped in Q3 as Lockdown Impact Lingers

James-Macdonald

2022/11/01 by Iris Hong Leave a Comment

Office rents in Shanghai’s key business districts edged downwards in the third quarter as landlords become more flexible on pricing in a market struggling to recover from months of Covid lockdowns.

Occupiers leased 104,000 square metres (1.12 million square feet)… Read More>>

Office rents in Shanghai’s key business districts edged downwards in the third quarter as landlords become more flexible … Read more>>>

Lin Zhong, chairman of CIFI Holdings (Group); portrait photo taken in his office at One Pacific Place, Admiralty.

China’s CIFI Suspends Debt Payments and More Asia Real Estate Headlines

Lin Zhong, chairman of CIFI Holdings (Group); portrait photo taken in his office at One Pacific Place, Admiralty.

2022/11/01 by Michael Cole Leave a Comment

Mainland China’s developer credit crisis dominates the news again today after Shanghai-based CIFI Holdings announced that it will enter restructuring and Greenland Group said it will seek an extension on an offshore bond. Also, getting some virtual ink is a… Read More>>

Mainland China’s developer credit crisis dominates the news again today after Shanghai-based CIFI Holdings announced … Read more>>>

Ahn Hyo-joon

Asia Real Estate People in the News 2022-10-31

Ahn Hyo-joon

2022/10/31 by Michael Cole Leave a Comment

Korean headhunting leads this week’s survey of personnel moves from across Asia’s real estate world, as the world’s third-largest pension fund searches for a new CIO. Also making the list is a new board director at CK Asset Holdings and… Read More>>

Korean headhunting leads this week’s survey of personnel moves from across Asia’s real estate world, as the world’s … Read more>>>

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