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serene nah kerry

Digital Realty Hires Serene Nah as Managing Director and Head of APAC

serene nah kerry

2023/01/05 by Christopher Caillavet Leave a Comment

Former Kerry Properties finance chief Serene Nah has joined Digital Realty as managing director and head of Asia Pacific, the US data centre giant announced Thursday.

The news comes four months after Nah’s resignation from Kerry, where she served as… Read More>>

Former Kerry Properties finance chief Serene Nah has joined Digital Realty as managing director and head of Asia … Read more>>>

GB I and GB II Towers Seoul Korea

BentallGreenOak Buys Pair of Seoul Office Towers for $297M

GB I and GB II Towers Seoul Korea

2023/01/05 by Christopher Caillavet Leave a Comment

Seoul-based EDN Investment Management has sold a pair of mid-rise office towers in the South Korean capital to BentallGreenOak for KRW 385 billion ($297.3 million) amid volatile financial conditions in the local market.

The firm had acquired the GB I… Read More>>

Seoul-based EDN Investment Management has sold a pair of mid-rise office towers in the South Korean capital to … Read more>>>

Times Gemini

Times China Defaults on Two Offshore Bonds and More Asia Real Estate Headlines

Times Gemini

2023/01/05 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Times China becomes the latest mainland developer to slip into default, while Sunac China wins a crucial lifeline from creditors, and Dutch pension fund PGGM says it is cutting back its new commitments… Read More>>

In today’s roundup of regional news headlines, Times China becomes the latest mainland developer to slip into default, … Read more>>>

Christina Tan Keppel

Keppel Teams With BLOGIS to Acquire First Asset for China Logistics Fund

Christina Tan Keppel

2023/01/04 by Christopher Caillavet Leave a Comment

Singapore’s Keppel Capital has partnered with Chinese industrial developer BLOGIS to acquire the maiden asset for Keppel’s China logistics fund.

The warehouse in Dongxihu district of Wuhan is the first of a planned series of joint investments by the fund… Read More>>

Singapore’s Keppel Capital has partnered with Chinese industrial developer BLOGIS to acquire the maiden asset for … Read more>>>

Rai Katimansah SC Capital

SC Capital Hires Sun Hung Kai & Co’s Rai Katimansah as Managing Director

Rai Katimansah SC Capital

2023/01/04 by Christopher Caillavet Leave a Comment

SC Capital Partners has announced the hiring of managing director Rai Katimansah, a 25-year veteran who will focus on the Singapore-based real estate fund manager’s debt strategies.

Katimansah joins SC Capital from Hong Kong’s Sun Hung Kai & Co, where… Read More>>

SC Capital Partners has announced the hiring of managing director Rai Katimansah, a 25-year veteran who will focus on … Read more>>>

Lee Jin Yong ARA

Singapore’s ARA US Hospitality Trust Buying Hotel in US Military Hub for $29M

Lee Jin Yong ARA

2023/01/04 by Beatrice Laforga 1 Comment

ARA US Hospitality Property Trust is ready to work with Uncle Sam as the Singapore-listed REIT announced on Wednesday that it has agreed to buy a Hilton-branded property in one of America’s biggest military hubs for $29 million.

The ESR-controlled… Read More>>

ARA US Hospitality Property Trust is ready to work with Uncle Sam as the Singapore-listed REIT announced on Wednesday … Read more>>>

Sunac China Chairman Sun Hongbin

Cash-Strapped Sunac Selling Off Shenzhen Ski Project Stake for $509M

Sunac China Chairman Sun Hongbin

2023/01/04 by Greg Isaacson Leave a Comment

Struggling developer Sunac China Holdings has agreed to sell its majority stake in a sprawling indoor ski resort project in Shenzhen for RMB 3.6 billion ($509 million), two years after teaming up with a government-backed builder to purchase the site.

… Read More>>

Struggling developer Sunac China Holdings has agreed to sell its majority stake in a sprawling indoor ski resort project … Read more>>>

China Housing (Getty Images)

China Restarts Residential Funds to Deliver Boost and More Asia Real Estate Headlines

China Housing (Getty Images)

2023/01/04 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Chinese officials reportedly authorise private equity funds to raise money for residential developments, and Beijing is said to be readying new measures to prop up the country’s biggest builders.

China… Read More>>

In today’s roundup of regional news headlines, Chinese officials reportedly authorise private equity funds to raise … Read more>>>

Simon-Garing Cromwell EREIT

BlackRock Sells Down Stake in Cromwell EREIT as Singapore Trusts Slide

Simon-Garing Cromwell EREIT

2023/01/03 by Greg Isaacson Leave a Comment

BlackRock Inc. has ceased to be a substantial unitholder in Cromwell European REIT (CEREIT) after selling down its stake in the SGX-listed trust, as Europe’s property sector faces growing headwinds and rising bond yields dampen the appeal of Singaporean REITs.

… Read More>>

BlackRock Inc. has ceased to be a substantial unitholder in Cromwell European REIT (CEREIT) after selling down its stake … Read more>>>

Store Capital GIC (Getty Images)

Singapore’s GIC Leads Sovereign Funds After Boosting Spending to $40.3B in 2022

Store Capital GIC (Getty Images)

2023/01/03 by Christopher Caillavet Leave a Comment

Singapore’s GIC once again led all sovereign wealth and pension funds with $40.3 billion deployed in 2022, a “very challenging” year in which the state-owned investor segment shrank in terms of asset value for the first time ever, according to… Read More>>

Singapore’s GIC once again led all sovereign wealth and pension funds with $40.3 billion deployed in 2022, a “very … Read more>>>

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