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Evergrande Airbus

Evergrande Sells Off Private Jets and More Asia Real Estate Headlines

Evergrande Airbus

2021/11/09 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, cash-strapped China Evergrande adds a pair of jets to its asset clearance sale, banking giant Goldman Sachs makes a bet on mainland developers’ high-yield bonds, and Singapore’s condo resale prices continue their growth… Read More>>

In today’s roundup of regional news headlines, cash-strapped China Evergrande adds a pair of jets to its asset clearance … Read more>>>

Brad Fu - head of acquisitions for APAC, Heitman

Heitman Buys 8 Tokyo Multi-Family Assets in First Japan Residential Play

Brad Fu - head of acquisitions for APAC, Heitman

2021/11/08 by Christopher Caillavet Leave a Comment

Heitman has entered the Japanese residential market for the first time with the acquisition of a portfolio of eight multi-family assets across Tokyo for an undisclosed amount.

The 329-unit portfolio consists of five recently completed properties and another three properties… Read More>>

Heitman has entered the Japanese residential market for the first time with the acquisition of a portfolio of eight … Read more>>>

Peng Chun CIC

CIC Pulls Out of $674M Grosvenor Place Deal in Sydney as Blackstone Swoops

Peng Chun CIC

2021/11/08 by Christopher Caillavet Leave a Comment

China’s sovereign wealth fund is abandoning its deal to purchase a 50 percent stake in Sydney’s Grosvenor Place office tower, with US private equity giant Blackstone reportedly stepping into the void as the buyer at similar price terms.

China Investment… Read More>>

China’s sovereign wealth fund is abandoning its deal to purchase a 50 percent stake in Sydney’s Grosvenor Place office … Read more>>>

sam harvey jones colliers

Colliers Promotes Sam Harvey-Jones to APAC Chief Operating Officer

sam harvey jones colliers

2021/11/08 by Christopher Caillavet Leave a Comment

Colliers International on Monday announced the promotion of Sam Harvey-Jones to chief operating officer for Asia Pacific, effective from the first day of 2022.

Hong Kong-based Harvey-Jones has served as Colliers’ managing director of occupier services in Asia for six… Read More>>

Colliers International on Monday announced the promotion of Sam Harvey-Jones to chief operating officer for Asia … Read more>>>

Artesa at Menifee Town Center project in Menifee, California

Mitsui Sells California Multi-Family Assets for $156M and More Asia Real Estate Headlines

Artesa at Menifee Town Center project in Menifee, California

2021/11/08 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, Japan’s Mitsui completes the disposal of a California apartment project, Chinese developer Shimao issues a warning as sales slump, and northern Hong Kong villagers cry foul over plans to convert ancestral land… Read More>>

In today’s roundup of regional news headlines, Japan’s Mitsui completes the disposal of a California apartment project, … Read more>>>

Joseph Cha

Asia Real Estate People in the News 2021-11-08

Joseph Cha

2021/11/08 by Michael Cole Leave a Comment

A top level change at Korea’s sovereign wealth fund leads this week’s roundup of personnel moves from around the region as KIC’s head of real estate reportedly is exiting the $157 billion fund after being name to his position in… Read More>>

A top level change at Korea’s sovereign wealth fund leads this week’s roundup of personnel moves from around the region … Read more>>>

link-reit-leadership-nicholas-allen-03.jpg

Link REIT Buys Stakes in 3 Shopping Assets From GIC in $394M Bet on Sydney Retail Rebound

link-reit-leadership-nicholas-allen-03.jpg

2021/11/08 by Michael Cole 1 Comment

Hong Kong’s Link REIT has made its second investment in Sydney with the A$532.8 million ($394 million) purchase of stakes in a trio of retail assets, according to an announcement by Asia’s largest listed trust late Sunday.

In Sydney’s biggest… Read More>>

Hong Kong’s Link REIT has made its second investment in Sydney with the A$532.8 million ($394 million) purchase of … Read more>>>

trent winduss2

Hong Kong’s Phoenix Bets on Sydney Luxury Market $186M JV

trent winduss2

2021/11/07 by Pawara Laothamatas Leave a Comment

Following a series of Asia-wide property disposals in the past year, Hong Kong’s Phoenix Property Investors is betting on Sydney’s housing boom through a joint venture with Australian developer Abadeen which has already begun investing A$250 million ($186.3 million) in… Read More>>

Following a series of Asia-wide property disposals in the past year, Hong Kong’s Phoenix Property Investors is betting … Read more>>>

lee chee koon tb

CapitaLand Ties Up With PGIM, Japanese Partners for $510M in New Funds

lee chee koon tb

2021/11/07 by Beatrice Laforga Leave a Comment

CapitaLand Investment Ltd has teamed up with PGIM Real Estate and a set of Japanese investors in separate deals establishing a pair of private funds in Japan and South Korea worth S$688 million ($510 million), as the Singapore-based fund manager… Read More>>

CapitaLand Investment Ltd has teamed up with PGIM Real Estate and a set of Japanese investors in separate deals … Read more>>>

Adam Gallistel GIC

GIC Buying 27 US Hotels for $822M, Picks Up Reported $6.8B in American Sheds

Adam Gallistel GIC

2021/11/05 by Christopher Caillavet Leave a Comment

US real estate continues to attract Singapore’s state-backed investment giants, with sovereign wealth fund GIC set to purchase a 27-hotel portfolio via a joint venture after reportedly acquiring 328 industrial properties in a separate deal.

Summit Hotel Properties, a New… Read More>>

US real estate continues to attract Singapore’s state-backed investment giants, with sovereign wealth fund GIC set to … Read more>>>

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