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Zhang Yuliang Greenland

Asia Real Estate People in the News 2022-02-21

Zhang Yuliang Greenland

2022/02/21 by Michael Cole Leave a Comment

An evergreen boss at one of China’s largest developers leads this week’s collection of personnel moves from around the region, as Shanghai’s biggest builder gives its boss another four years at the helm. There are also fresh hires at Hines… Read More>>

An evergreen boss at one of China’s largest developers leads this week’s collection of personnel moves from around the … Read more>>>

Suchad Chiaranussati, chairman and founder of SC Capital Partners

SC Capital, Lofter Acquire $53M Project on Hong Kong’s Ap Lei Chau

Suchad Chiaranussati, chairman and founder of SC Capital Partners

2022/02/20 by Christopher Caillavet Leave a Comment

Singapore-based SC Capital Partners has teamed up with Hong Kong value-add developer Lofter Group to acquire a more than 90 percent interest in a project on Ap Lei Chau island in the Asian financial hub, with an eye towards redeveloping… Read More>>

Singapore-based SC Capital Partners has teamed up with Hong Kong value-add developer Lofter Group to acquire a more than … Read more>>>

David Warneford, Senior Managing Director, Head of Australia, Hines

Hines Buys Melbourne Multi-Family Project From CDL for $22M as Aussie Platform Grows

David Warneford, Senior Managing Director, Head of Australia, Hines

2022/02/20 by Beatrice Laforga Leave a Comment

Hines has acquired its second build-to-rent project in Melbourne, Australia for a reported A$30 million ($21.6 million) with the US developer taking over the development from Singapore’s City Developments Ltd (CDL) and a pair of local partners.

Hines is planning… Read More>>

Hines has acquired its second build-to-rent project in Melbourne, Australia for a reported A$30 million ($21.6 million) … Read more>>>

Victor Cha

HKRI Selling Tokyo Multi-Family Assets for $30M

Victor Cha

2022/02/20 by Christopher Caillavet Leave a Comment

Hong Kong developer HKR International has agreed to sell two Tokyo residential buildings for JPY 3.49 billion ($30 million), adding to a string of recent property disposals by HKRI in Japan.

The properties are a seven-storey, 22-unit building called Souei… Read More>>

Hong Kong developer HKR International has agreed to sell two Tokyo residential buildings for JPY 3.49 billion ($30 … Read more>>>

Yango Construction site

China’s Yango Misses Bond Deadline and More Asia Real Estate Headlines

Yango Construction site

2022/02/20 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, Yango Group becomes the latest Chinese developer to miss interest payments, compatriot Shimao requests an extension on some of its own debt, and Hong Kong’s Sino Hotels sees a bleak year ahead for… Read More>>

In today’s roundup of regional news headlines, Yango Group becomes the latest Chinese developer to miss interest … Read more>>>

glenn hughes logos color

Logos Vietnam Venture Acquires $80M Warehouse Complex in JV With Manulife

glenn hughes logos color

2022/02/17 by Christopher Caillavet Leave a Comment

Industrial developer Logos has made a fourth acquisition under its Vietnam logistics development vehicle, teaming with Manulife Investment Management for an investment in a newly built asset in a key manufacturing hub northeast of Ho Chi Minh City.

Situated at… Read More>>

Industrial developer Logos has made a fourth acquisition under its Vietnam logistics development vehicle, teaming with … Read more>>>

Brod Storie PAG

PAG Gets $50M Pledge From Texas Pension Manager for Third Pan-Asian Real Estate Fund

Brod Storie PAG

2022/02/17 by Christopher Caillavet Leave a Comment

PAG has secured a $50 million capital commitment from the Employees Retirement System of Texas for the Hong Kong private equity firm’s third pan-Asian core-plus/value-add real estate fund.

The pledge to PAG Real Estate Partners III was disclosed in a… Read More>>

PAG has secured a $50 million capital commitment from the Employees Retirement System of Texas for the Hong Kong private … Read more>>>

PropertyGuru Plans Expansion After NYSE SPAC Debut Next Month

2022/02/17 by Beatrice Laforga Leave a Comment

Singapore-based PropertyGuru is set to complete its listing on the New York Stock Exchange next month despite widening net losses, with the online marketplace operator planning to use the proceeds of the share sale to expand its fintech business and… Read More>>

Singapore-based PropertyGuru is set to complete its listing on the New York Stock Exchange next month despite widening … Read more>>>

Hui Wing Mau Shimao

Shimao Seeks Extension on $947M in Trusts and More Asia Real Estate Headlines

Hui Wing Mau Shimao

2022/02/17 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, cash-strapped Shimao Group reportedly seeks a multi-year extension to repay over $900 million owed on high-yield trust products, Hong Kong boss Carrie Lam asks the city’s big developers to provide space for isolating… Read More>>

In today’s roundup of regional news headlines, cash-strapped Shimao Group reportedly seeks a multi-year extension to … Read more>>>

Jonathan Gray

Blackstone Asia Strategy Wins $200M Commitment From Virginia Pension Fund

Jonathan Gray

2022/02/16 by Christopher Caillavet Leave a Comment

Private equity giant Blackstone secured a $200 million capital commitment for its third Asia property fund from the Virginia Retirement System in December, part of nearly $2.4 billion in fresh funds earmarked for the vehicle during the final quarter of… Read More>>

Private equity giant Blackstone secured a $200 million capital commitment for its third Asia property fund from the … Read more>>>

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