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Watsons Closes Tsim Sha Tsui Shop After 20 Years and More Asia Real Estate Headlines

2021/10/14 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, Li Ka-shing’s CK Hutchison closes a Watsons shop in Tsim Sha Tsui as Hong Kong tourism dries up, Singapore’s Mapletree acquires a bottling plant in the southern US, and momentum builds for a… Read More>>

In today’s roundup of regional news headlines, Li Ka-shing’s CK Hutchison closes a Watsons shop in Tsim Sha Tsui as Hong … Read more>>>

Mark Ebbinghaus, ARA Europe

Carlyle-ARA JV Buys 11 UK Logistics Assets From Moorfield for $139M 

Mark Ebbinghaus, ARA Europe

2021/10/13 by Mingtiandi Team Leave a Comment

A joint venture between US private equity giant Carlyle Group and a UK unit of Singapore’s ARA Asset Management has acquired 11 UK logistics assets for £102 million ($139.16 million), expanding its European logistics portfolio to ride the e-commerce boom.

… Read More>>

A joint venture between US private equity giant Carlyle Group and a UK unit of Singapore’s ARA Asset Management has … Read more>>>

evergrande

Evergrande Defaults Boost Chinese Bond Yield Spreads and More Asia Real Estate Headlines

evergrande

2021/10/13 by Michael Cole Leave a Comment

The ongoing financial crisis facing some of China’s largest developers continued to dominate the headlines today with investors pushing spreads for Chinese high yield bonds to record highs as Evergrande Group continues to crumble and a range of smaller builders… Read More>>

The ongoing financial crisis facing some of China’s largest developers continued to dominate the headlines today with … Read more>>>

Kenneth Chiu

Hang Lung Names Former Gaw Capital Executive Kenneth Chiu as New CFO

Kenneth Chiu

2021/10/13 by Mingtiandi Team Leave a Comment

Hang Lung Properties and its parent company, Hang Lung Group, this month jointly announced the appointment of Kenneth Chiu as chief financial officer-designate and executive director with both of the Hong Kong-listed corporations.

The hiring brought Chiu, formerly CFO of… Read More>>

Hang Lung Properties and its parent company, Hang Lung Group, this month jointly announced the appointment of Kenneth … Read more>>>

Andy Lim of JL Family Office

ARA Founder’s Family Office Teams With Straits, Savills IM for $500M UK Retail Fund

Andy Lim of JL Family Office

2021/10/12 by Christopher Caillavet Leave a Comment

Savills Investment Management has secured backing from the family office of John Lim, the co-founder of Singapore-based ARA Asset Management, for a “contrarian” UK retail park fund that aims to raise £360 million ($500 million).

The cornerstone investors of Savills… Read More>>

Savills Investment Management has secured backing from the family office of John Lim, the co-founder of Singapore-based … Read more>>>

Tze Wooi Tan

CapitaLand’s CLCT Buys Four Mainland Warehouses From Quadreal for $260M

Tze Wooi Tan

2021/10/12 by Beatrice Laforga Leave a Comment

Singapore-listed CapitaLand China Trust Management (CLCT) has acquired four warehouse assets across key cities in China for RMB 1.68 billion ($260 million) as the company makes its first venture into the region’s logistics market in line with CapitaLand Group’s growing… Read More>>

Singapore-listed CapitaLand China Trust Management (CLCT) has acquired four warehouse assets across key cities in China … Read more>>>

Adrian-Cheng-Executive- New World

New World Sells Kowloon Office Floors for $154M as Commerce Comes Back 

Adrian-Cheng-Executive- New World

2021/10/12 by Pawara Laothamatas Leave a Comment

New World Development recorded a big-ticket sale last month, selling a block of three high-level floors in an office project in Kowloon’s Cheung Sha Wan area to an unnamed financial institution for HK$1.2 billion ($154.1 million).

With 888 Lai Chi… Read More>>

New World Development recorded a big-ticket sale last month, selling a block of three high-level floors in an office … Read more>>>

hui ka yan

Evergrande Misses Third Set of Bond Payments and More Asia Real Estate Headlines

hui ka yan

2021/10/12 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, debt-saddled China Evergrande Group sparks fresh contagion fears after missing a third round of bond payments, Evergrande’s former chief economist distances himself from the group’s growth strategy, and Hong Kong leader Carrie Lam… Read More>>

In today’s roundup of regional news headlines, debt-saddled China Evergrande Group sparks fresh contagion fears after … Read more>>>

Hank Hsu

BPEA Real Estate Raises $1.2B for China-Based Forest Logistics

Hank Hsu

2021/10/11 by Christopher Caillavet Leave a Comment

Hong Kong-based Baring Private Equity Asia (BPEA) Real Estate on Monday announced the closing of a capital raising for mainland warehouse platform Forest Logistics, bringing the total equity commitment to more than $1.2 billion amid a surge in capitalisation for… Read More>>

Hong Kong-based Baring Private Equity Asia (BPEA) Real Estate on Monday announced the closing of a capital raising for … Read more>>>

laurent-jacquemin axa

AXA IM Alts Buys Pair of Osaka Residential Assets From PGIM for $94M

laurent-jacquemin axa

2021/10/11 by Christopher Caillavet Leave a Comment

Japan continues to provide a target-rich environment for the real estate fund management division of AXA Investment Managers, which announced Monday that it paid JPY 10.6 billion ($94 million) for a pair of Osaka residential assets to mark its fourth… Read More>>

Japan continues to provide a target-rich environment for the real estate fund management division of AXA Investment … Read more>>>

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