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Hyesik Ryu, head of Korea at M&G Real Estate

M&G Real Estate Acquires Greater Seoul Office Building for $215M 

Hyesik Ryu, head of Korea at M&G Real Estate

2022/04/21 by Christopher Caillavet Leave a Comment

M&G Real Estate on Thursday announced its purchase of a 97 percent stake in a Greater Seoul office building for KRW 264.5 billion ($214.6 million), marking the UK fund manager’s fourth acquisition in South Korea since 2020 on behalf of… Read More>>

M&G Real Estate on Thursday announced its purchase of a 97 percent stake in a Greater Seoul office building for KRW … Read more>>>

Alysia Reilly of Hines

Hines Makes First Aussie Shed Investment as Fund Acquires Four Assets for $156M

Alysia Reilly of Hines

2022/04/21 by Christopher Caillavet Leave a Comment

Hines has acquired its first logistics properties in Australia, adding a fifth country to the US developer’s growing portfolio of Asia Pacific industrial assets.

The firm’s flagship commingled APAC core-plus fund, Hines Asia Property Partners (HAPP), purchased a portfolio of… Read More>>

Hines has acquired its first logistics properties in Australia, adding a fifth country to the US developer’s growing … Read more>>>

Anthea Lee Keppel

Keppel DC REIT Unit Price Slides After Revenue, Income Drop in Q1

Anthea Lee Keppel

2022/04/21 by Beatrice Laforga Leave a Comment

Keppel DC REIT’s stock price has dropped by seven percent since Tuesday after the manager of the SGX-listed trust reported declines in both net property income and revenue in the first quarter compared to the initial three months of 2021.

… Read More>>

Keppel DC REIT’s stock price has dropped by seven percent since Tuesday after the manager of the SGX-listed trust … Read more>>>

Equinix SG5

Equinix Completes $86M Upgrade of SG Data Centre and More Asia Real Estate Headlines

Equinix SG5

2022/04/21 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, Equinix completes an expansion of its fifth data centre in Singapore, Abu Dhabi’s sovereign wealth fund takes a stake in an Indian private equity firm, and Hong Kong developers cut prices to boost… Read More>>

In today’s roundup of regional news headlines, Equinix completes an expansion of its fifth data centre in Singapore, Abu … Read more>>>

Kiyomasa Matsuda AEW

AEW Buys Six Assets to Boost Japan Multifamily Acquisitions to $180M

Kiyomasa Matsuda AEW

2022/04/20 by Christopher Caillavet Leave a Comment

AEW Capital Management on Tuesday announced its acquisition of two multifamily portfolios comprising six assets in Japan, as the firm continues to locate residential investment opportunities driven by the country’s rapidly urbanising populace.

The latest deal expands AEW’s Japanese multifamily… Read More>>

AEW Capital Management on Tuesday announced its acquisition of two multifamily portfolios comprising six assets in … Read more>>>

Manasseh Meyer

Historic Singapore Estate Overlooking Lee Kuan Yew Residence for Sale at $220M

Manasseh Meyer

2022/04/20 by Beatrice Laforga Leave a Comment

A Singapore mansion located just five minutes walk from the former residence of late Prime Minister Lee Kuan Yew has been put up for sale in a rare chance to grab a freehold residential site in the city’s posh Orchard… Read More>>

A Singapore mansion located just five minutes walk from the former residence of late Prime Minister Lee Kuan Yew has … Read more>>>

Samuel ChuPhoenix Property Investors

Hong Kong’s Phoenix Flips Sapporo Office Building After 10 Months of Ownership

Samuel ChuPhoenix Property Investors

2022/04/20 by Christopher Caillavet Leave a Comment

Hong Kong-based Phoenix Property Investors on Wednesday announced its disposal of an office building in Sapporo, a mere 10 months after taking possession of the Grade A property.

The private equity shop had entered into a forward purchase agreement in… Read More>>

Hong Kong-based Phoenix Property Investors on Wednesday announced its disposal of an office building in Sapporo, a mere … Read more>>>

e-house china

China’s E-House Defaults on $298M Bond and More Asia Real Estate Headlines

e-house china

2022/04/20 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, Alibaba-backed E-House becomes the latest Chinese property firm to default on a bond, top executives at two mainland investment companies vacate their posts with little or no explanation, and local tycoons advise the… Read More>>

In today’s roundup of regional news headlines, Alibaba-backed E-House becomes the latest Chinese property firm to … Read more>>>

Chelsfield, Nick Loup

ARA, Chelsfield Say Sale of Singapore’s Lazada One Heading into Final Stages

Chelsfield, Nick Loup

2022/04/19 by Beatrice Laforga Leave a Comment

ARA Asset Management and Chelsfield Asia are officially opening their office project in Singapore’s Bras Basah area this week, with top executives from the two firms confirming that the building now known as Lazada One is the target of offers… Read More>>

ARA Asset Management and Chelsfield Asia are officially opening their office project in Singapore’s Bras Basah area this … Read more>>>

John Pattar, Partner and Head of Real Estate, Asia, KKR

KKR Completes Acquisition of Singapore’s Twenty Anson From AEW

John Pattar, Partner and Head of Real Estate, Asia, KKR

2022/04/19 by Christopher Caillavet Leave a Comment

Private equity giant KKR on Tuesday announced its acquisition of the Twenty Anson office tower in Singapore’s downtown core, confirming a Mingtiandi report from a few weeks ago.

KKR paid Boston-based fund manager AEW just under S$599 million ($441.6 million)… Read More>>

Private equity giant KKR on Tuesday announced its acquisition of the Twenty Anson office tower in Singapore’s downtown … Read more>>>

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