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Lim Hua Tiong of Frasers Vietnam

Singapore’s Frasers in $250M Vietnam Industrial JV with Hanoi’s Gelex

Lim Hua Tiong of Frasers Vietnam

2023/03/05 by Beatrice Laforga Leave a Comment

Frasers Property is adding a second industrial joint venture to its business in Southeast Asia’s fastest growing economy as the company introduces a VND 6 trillion ($250 million) strategy to develop and operate warehouses and manufacturing space across northern Vietnam.

… Read More>>

Frasers Property is adding a second industrial joint venture to its business in Southeast Asia’s fastest growing economy … Read more>>>

Mandarin Oriental Washington, DC

Mandarin Oriental Swings to Underlying Profit as Revenue Tops Pre-COVID Levels

Mandarin Oriental Washington, DC

2023/03/05 by Christopher Caillavet Leave a Comment

Hong Kong-based Mandarin Oriental International announced a return to underlying profit in last year’s preliminary results as the hotel group’s revenue surpassed pre-pandemic levels.

The Jardine Matheson-controlled chain posted an underlying profit attributable to shareholders of $8 million for the… Read More>>

Hong Kong-based Mandarin Oriental International announced a return to underlying profit in last year’s preliminary … Read more>>>

Skyscrapers Jardine House and Exchange Square in the central business district on Hong Kong Island, Hong Kong

Jardine Matheson Underlying Earnings Climb 5% and More Asia Real Estate Headlines

Skyscrapers Jardine House and Exchange Square in the central business district on Hong Kong Island, Hong Kong

2023/03/05 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Hong Kong’s Jardine Matheson reports improved underlying earnings, and US private equity giant Blackstone reportedly defaults on a euro-denominated commercial mortgage-backed security.

Jardine Matheson Posts Higher Underlying Earnings, Eyes Beefed-Up… Read More>>

In today’s roundup of regional news headlines, Hong Kong’s Jardine Matheson reports improved underlying earnings, and US … Read more>>>

Alysia Reilly of Hines

Hines Buys Queensland Cold Storage Property for APAC Flagship Fund

Alysia Reilly of Hines

2023/03/03 by Christopher Caillavet Leave a Comment

US developer and investment manager Hines has acquired a cold storage property in Queensland on behalf of its flagship Asia Pacific fund, marking the vehicle’s second acquisition in the northeast Australian state and seventh industrial asset overall in the country.

… Read More>>

US developer and investment manager Hines has acquired a cold storage property in Queensland on behalf of its flagship … Read more>>>

Darren Webb Evolution Data Centres

Warburg-Backed Evolution to Develop $300M Philippine Data Centre With Megawide

Darren Webb Evolution Data Centres

2023/03/02 by Christopher Caillavet Leave a Comment

Evolution Data Centres is teaming with a local partner to build and operate a 69-megawatt data centre in the Philippines at a total project cost of $300 million, as the Warburg Pincus-backed firm targets digital infrastructure investments in Southeast Asia’s… Read More>>

Evolution Data Centres is teaming with a local partner to build and operate a 69-megawatt data centre in the Philippines … Read more>>>

Raymond Kwok of Sun Hung Kai Properties (Getty Images)

Hong Kong’s SHKP Wins Mong Kok Commercial Site for $602M

Raymond Kwok of Sun Hung Kai Properties (Getty Images)

2023/03/02 by Greg Isaacson Leave a Comment

Hong Kong’s Lands Department has awarded Sun Hung Kai Properties (SHKP) a site in Kowloon’s Mong Kok area at a price of HK$4.73 billion ($602 million), clinching the city’s first commercial land sale of the year at a value significantly… Read More>>

Hong Kong’s Lands Department has awarded Sun Hung Kai Properties (SHKP) a site in Kowloon's Mong Kok area at a price of … Read more>>>

Aditya Virwani Embassy

Embassy Group Developing $20M Senior Living Project in Bengaluru With Columbia Pacific

Aditya Virwani Embassy

2023/03/02 by Christopher Caillavet Leave a Comment

Indian property giant Embassy Group is jointly developing a senior living community in Bengaluru with US builder Columbia Pacific Group, adding another partnership to Embassy’s list of tie-ups with international institutions.

The project, dubbed Serene Amara, will be the 11th… Read More>>

Indian property giant Embassy Group is jointly developing a senior living community in Bengaluru with US builder … Read more>>>

Stephen Schwarzman Blackstone

Blackstone Continues to Curb BREIT Redemptions and More Asia Real Estate Headlines

Stephen Schwarzman Blackstone

2023/03/02 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, fund management giant Blackstone says redemption requests for its private REIT slowed in February, and Allianz Real Estate rebrands under the PIMCO banner.

Blackstone Blocked Investor Withdrawals From $71B REIT… Read More>>

In today’s roundup of regional news headlines, fund management giant Blackstone says redemption requests for its private … Read more>>>

Blake Hutcheson OMERS

Canadian Pension Giant OMERS Earned 13.6% Return on Real Estate in 2022

Blake Hutcheson OMERS

2023/03/02 by Christopher Caillavet Leave a Comment

OMERS, the largest pension fund manager in Ontario, generated an investment return of 4.2 percent net of expenses last year, with double digit returns on its real estate and private equity bets compensating for shortfalls in other sectors.

The parent… Read More>>

OMERS, the largest pension fund manager in Ontario, generated an investment return of 4.2 percent net of expenses last … Read more>>>

Heizo Takenaka, chairman of Investcorp Japan

Bahrain’s Investcorp Opens Tokyo Office to Target Japanese PE, Real Estate Deals

Heizo Takenaka, chairman of Investcorp Japan

2023/03/02 by Greg Isaacson Leave a Comment

Bahrain-based alternative assets manager Investcorp has opened an office in Tokyo, expanding its presence to Japan to target private equity and real estate opportunities in the world’s third-largest economy.

Investcorp has also tapped economist and former cabinet member Heizo Takenaka… Read More>>

Bahrain-based alternative assets manager Investcorp has opened an office in Tokyo, expanding its presence to Japan to … Read more>>>

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