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Steve Hyunsuk Oh, CEO of Igis Asia

IGIS Asia Raising Total of $630M for Life Science Ventures

Steve Hyunsuk Oh, CEO of Igis Asia

2023/02/16 by Greg Isaacson Leave a Comment

IGIS Asia Investment Management, the Singapore-based investment arm of South Korea’s IGIS Asset Management, has teamed up with a leading Korean biopharmaceuticals group to launch a new platform for life science real estate investments across Asia Pacific.

The venture, which… Read More>>

IGIS Asia Investment Management, the Singapore-based investment arm of South Korea’s IGIS Asset Management, has teamed … Read more>>>

Xu Jiayin of Evergrande (Getty Images)

Evergrande Raps Former CEO, Two Other Execs for $2B Loan Scheme

Xu Jiayin of Evergrande (Getty Images)

2023/02/16 by Christopher Caillavet Leave a Comment

China Evergrande on Wednesday chided three former executives for their roles in a scheme in which loans secured by pledge guarantees were transferred and diverted back to the debt-saddled developer via 36 unnamed third parties and used for general operations.

… Read More>>

China Evergrande on Wednesday chided three former executives for their roles in a scheme in which loans secured by … Read more>>>

Otemachi Place East Tower

Japan Outperforms as APAC Delivers Weakest Q4 for Dealmaking Since 2012: MSCI

Otemachi Place East Tower

2023/02/16 by Christopher Caillavet Leave a Comment

Commercial property investment in Asia Pacific totalled $32.6 billion in the fourth quarter of 2022, plunging 52 percent year-on-year, as interest rate hikes and uncertainty about the pricing outlook took a toll, according to MSCI Real Assets.

The investment figure… Read More>>

Commercial property investment in Asia Pacific totalled $32.6 billion in the fourth quarter of 2022, plunging 52 percent … Read more>>>

Annie Woo Savills

Savills Appoints Annie Woo to Roll Out Integrated Advisory Service in Asia

Annie Woo Savills

2023/02/16 by Christopher Caillavet Leave a Comment

Savills has named Annie Woo as its regional director and head of integrated real estate advisory services for Asia, based in Singapore.

IREAS is a new Savills service line dedicated to a wide spectrum of urban development and optimisation advisory… Read More>>

Savills has named Annie Woo as its regional director and head of integrated real estate advisory services for Asia, … Read more>>>

ESR-Tianjin-Logistics-Park-

GIC Still Scouting for China Deals Despite Reports and More Asia Real Estate Headlines

ESR-Tianjin-Logistics-Park-

2023/02/16 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Singapore’s GIC says it’s still looking to invest in China after a report said it was pausing activity in the country, while South Korea’s sovereign wealth fund reports a record yearly loss.

Read More>>

In today’s roundup of regional news headlines, Singapore’s GIC says it’s still looking to invest in China after a report … Read more>>>

Sceneca Residence

Singapore Private Home Sales Bounce Back but Remain Below 2022 Levels

Sceneca Residence

2023/02/15 by Christopher Caillavet Leave a Comment

Developers sold 391 homes in Singapore last month, more than doubling the 170 units transacted in December but still lower than the January 2022 total, according to data from the Urban Redevelopment Authority.

Sales of new private homes (excluding executive… Read More>>

Developers sold 391 homes in Singapore last month, more than doubling the 170 units transacted in December but still … Read more>>>

Meng Jing CFLD

Co-President of China’s CFLD Detained on Unspecified Charges

Meng Jing CFLD

2023/02/15 by Christopher Caillavet Leave a Comment

China Fortune Land Development has become the latest mainland builder to suffer from an acute case of director disappearance after the former top 10 developer said it received notice that Meng Jing, a CFLD director and co-president, was detained by… Read More>>

China Fortune Land Development has become the latest mainland builder to suffer from an acute case of director … Read more>>>

Hong Kong Chief Executive John Lee Meets Media

Hong Kong Adds National Security Clause to Land Sales, Leases of Government Buildings

Hong Kong Chief Executive John Lee Meets Media

2023/02/15 by Greg Isaacson Leave a Comment

The Hong Kong government is defending its right to require bidders in land auctions to meet undefined national security criteria, with the city’s chief executive insisting the policy “has no relevance at all” to developers’ bidding decisions.

John Lee’s comments… Read More>>

The Hong Kong government is defending its right to require bidders in land auctions to meet undefined national security … Read more>>>

Nihat Ercan JLL

JLL Appoints Nihat Ercan as APAC Hotels Group CEO

Nihat Ercan JLL

2023/02/15 by Christopher Caillavet Leave a Comment

JLL has named longtime executive Nihat Ercan as CEO of the consultancy’s Asia Pacific hotels and hospitality group, succeeding Mike Batchelor.

The appointment took immediate effect last Friday, upon which Ercan assumed responsibility for overseeing the hotel platform’s investment sales,… Read More>>

JLL has named longtime executive Nihat Ercan as CEO of the consultancy’s Asia Pacific hotels and hospitality group, … Read more>>>

Jonathan Gray

Blackstone Bullish on India Investments and More Asia Real Estate Headlines 

Jonathan Gray

2023/02/15 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Blackstone’s president gives assurances that India still figures prominently in the firm’s plans, and analysts dissect the fallout from an increase in buyer’s stamp duty for big-ticket property purchases in Singapore.

Read More>>

In today’s roundup of regional news headlines, Blackstone’s president gives assurances that India still figures … Read more>>>

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