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Stuart Gibson of ESR

M&G to Invest Up to $350M in Japan Development Partnership With ESR

Stuart Gibson of ESR

2022/08/31 by Christopher Caillavet Leave a Comment

M&G Real Estate has set up a long-term partnership with industrial giant ESR to develop a portfolio of logistics properties in Japan, with the UK-based fund manager to deploy up to $350 million in equity towards the cause.

The partnership… Read More>>

M&G Real Estate has set up a long-term partnership with industrial giant ESR to develop a portfolio of logistics … Read more>>>

Workspace chairman and CEO Thomas Rizk

Singapore’s GIC Said Backing $1.1B US Office Acquisition

Workspace chairman and CEO Thomas Rizk

2022/08/30 by Beatrice Laforga Leave a Comment

Singapore’s GIC is said to be putting up capital for one of the biggest bets on US office space this year as commercial real estate investor and operator Workspace Property Trust announced a $1.13 portfolio investment late on Monday.

The… Read More>>

Singapore’s GIC is said to be putting up capital for one of the biggest bets on US office space this year as commercial … Read more>>>

Henderson executive director Augustine Wong Ho Ming

Henderson Land Wins Hong Kong Island Housing Site in $75M Deal

Henderson executive director Augustine Wong Ho Ming

2022/08/30 by Pawara Laothamatas Leave a Comment

Henderson Land Development this past week won full ownership of a Hong Kong Island site which could yield a residential project worth HK$1.1 billion ($140 million), with the developer pushing ahead with the purchase despite disappointing financial results in the… Read More>>

Henderson Land Development this past week won full ownership of a Hong Kong Island site which could yield a residential … Read more>>>

ESR-REIT chief executive Adrian Chui

ESR-Logos REIT to Buy Greater Tokyo Warehouse From ESR Group for $131M

ESR-REIT chief executive Adrian Chui

2022/08/30 by Christopher Caillavet Leave a Comment

ESR-Logos REIT has agreed to buy a Greater Tokyo logistics asset for S$183.5 million ($131.4 million), marking the Singapore-listed trust’s first acquisition in Japan.

The trust’s sponsor, Hong Kong-listed ESR Group, will acquire ESR Sakura Distribution Centre in Chiba prefecture… Read More>>

ESR-Logos REIT has agreed to buy a Greater Tokyo logistics asset for S$183.5 million ($131.4 million), marking the … Read more>>>

Yang Guoqiang Country Garden

Country Garden H1 Profit Dives by Record 96% and More Asia Real Estate Headlines

Yang Guoqiang Country Garden

2022/08/30 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, China’s top developer by sales posts a record profit decline, Hong Kong’s PAG agrees to buy a Dutch-themed Japanese theme park, and flustered Evergrande bondholders push their own debt restructuring plan.

Read More>>

In today’s roundup of regional news headlines, China’s top developer by sales posts a record profit decline, Hong Kong’s … Read more>>>

WEAVE LIVING CEO Sachin Doshi tb

Weave, LaSalle Buy Tower in Hong Kong’s Mid-Levels for $35M

WEAVE LIVING CEO Sachin Doshi tb

2022/08/29 by Michael Cole Leave a Comment

Residential investor and operator Weave Living has acquired its fourth property this year, picking up an apartment tower in Hong Kong’s Mid-Levels for HK$275 million ($35 million) via a joint venture with LaSalle Investment Management, according to a statement by… Read More>>

Residential investor and operator Weave Living has acquired its fourth property this year, picking up an apartment tower … Read more>>>

Shan Weijian PAG

PAG Invests $55M in Indian Developer Elan to Help Fund Future Projects

Shan Weijian PAG

2022/08/29 by Christopher Caillavet Leave a Comment

Hong Kong private equity firm PAG has invested $55 million in Indian developer Elan Limited, as global fund managers continue to pursue real estate opportunities in one of the world’s biggest markets.

PAG’s commitment will go towards upcoming projects, according… Read More>>

Hong Kong private equity firm PAG has invested $55 million in Indian developer Elan Limited, as global fund managers … Read more>>>

Zhuang Yuekai of Xiamen C&D

Asia Real Estate People in the News 2022-08-29

Zhuang Yuekai of Xiamen C&D

2022/08/29 by Michael Cole Leave a Comment

The fallout from a set of investigations into executives at state-run developers in China leads this week’s set of personnel updates on Mingtiandi, with the chairman of two Hong Kong-listed units of Xiamen C&D Group making a hasty exit. Also… Read More>>

The fallout from a set of investigations into executives at state-run developers in China leads this week’s set of … Read more>>>

Adrian Cheng New World

Adrian Cheng Calls Bottom of China Meltdown, Says New World Will Buy $1.5B in New Sites

Adrian Cheng New World

2022/08/29 by Christopher Caillavet Leave a Comment

New World Development’s Adrian Cheng has called the bottom of the real estate market in China, telling the Financial Times that the Hong Kong-based property giant plans to spend RMB 10 billion ($1.5 billion) to buy land in top-tier mainland… Read More>>

New World Development’s Adrian Cheng has called the bottom of the real estate market in China, telling the Financial … Read more>>>

Zhang Zelin Zendai

Shanghai Zendai Property Boss Quits After Profit Warning

Zhang Zelin Zendai

2022/08/29 by Mingtiandi Team Leave a Comment

The chief executive of Shanghai Zendai Property has resigned in the latest setback for the chequered Chinese real estate company.

Zhang Zelin tendered his resignation “due to other business commitments”, the company said in a Hong Kong Stock Exchange filing… Read More>>

The chief executive of Shanghai Zendai Property has resigned in the latest setback for the chequered Chinese real estate … Read more>>>

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