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Avi Naidu (left) and Jonathan Hannam of Taronga Ventures

Mitsubishi, Nomura to Invest in Taronga Property Technology Fund

Avi Naidu (left) and Jonathan Hannam of Taronga Ventures

2021/06/01 by Christopher Caillavet Leave a Comment

Taronga Ventures continues to sign up marquee investors for its flagship proptech fund, winning commitments from two of the best-known names in Japan’s business world.

Taronga announced last week that Mitsubishi Corporation and Nomura Real Estate Development had agreed to… Read More>>

Taronga Ventures continues to sign up marquee investors for its flagship proptech fund, winning commitments from two of … Read more>>>

Wanda Draws 20 Investors in $3B Pre-IPO Round and More Asia Real Estate Headlines

2021/06/01 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, investors flock to the pre-IPO funding round for Wanda’s commercial property management unit, China’s first nine REITs are oversubscribed on the initial day of offering, and banking giant HSBC seeks to expand its… Read More>>

In today’s roundup of regional news headlines, investors flock to the pre-IPO funding round for Wanda’s commercial … Read more>>>

cindy chow mnact

Mapletree North Asia Commercial Trust to Add HP Japan Building for $350M

cindy chow mnact

2021/05/31 by Christopher Caillavet Leave a Comment

Singapore-listed Mapletree North Asia Commercial Trust has agreed to buy a Tokyo office building fully occupied by Hewlett-Packard Japan for JPY 38.8 billion ($350 million).

MNACT will acquire an effective interest of 98.47 percent in the nine-storey office block in… Read More>>

Singapore-listed Mapletree North Asia Commercial Trust has agreed to buy a Tokyo office building fully occupied by … Read more>>>

hari krishna cppib

CPPIB Commits $77M to Kolkata Retail JV With Phoenix Mills

hari krishna cppib

2021/05/31 by Christopher Caillavet Leave a Comment

Fund managers from Canada’s biggest pension plan are teaming up with Indian mall developer Phoenix Mills on a retail joint venture in Alipore, Kolkata.

The Canada Pension Plan Investment Board and its longtime Indian partner will develop a retail centre… Read More>>

Fund managers from Canada’s biggest pension plan are teaming up with Indian mall developer Phoenix Mills on a retail … Read more>>>

Lim Chow Kit - GIC CEO

Singapore’s GIC to Open Office in Australia

Lim Chow Kit - GIC CEO

2021/05/31 by Michael Cole Leave a Comment

Singapore’s sovereign wealth fund has become one of the biggest foreign investors in Australia, thanks to acquisitions of offices, warehouses and other assets, and now it plans to set up a permanent presence in the country as it looks for… Read More>>

Singapore’s sovereign wealth fund has become one of the biggest foreign investors in Australia, thanks to acquisitions … Read more>>>

BentallGreenOak Fund Gets $241M in Korean Cash and More Asia Real Estate Headlines

2021/05/31 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, Korean investors pledge more than $240 million to BentallGreenOak’s UK-focused real estate debt fund, Seoul-based Hana Alternative Asset Management trumps 16 Japanese bidders to win an Osaka logistics property, and Singapore’s Keppel Land… Read More>>

In today’s roundup of regional news headlines, Korean investors pledge more than $240 million to BentallGreenOak’s … Read more>>>

PENG Yongdong Beike

Asia Real Estate People in the News 2021-05-31

PENG Yongdong Beike

2021/05/31 by Michael Cole Leave a Comment

Beike has moved quickly to name new leadership following the death of its founder earlier this month, and news of the company’s new boss takes the top spot in Mingtiandi’s collection of people moves this week. In Singapore, local brokerage… Read More>>

Beike has moved quickly to name new leadership following the death of its founder earlier this month, and news of the … Read more>>>

alex jeffrey Savills IM

Samsung Life to Acquire 25% Stake in Savills Investment Management for $90M

alex jeffrey Savills IM

2021/05/29 by Christopher Caillavet Leave a Comment

Savills Investment Management is taking its penchant for Korean partners to another level after its parent company agreed to sell a 25 percent stake in the fund manager to Seoul-based insurance giant Samsung Life for £63.75 million ($90.4 million).

The… Read More>>

Savills Investment Management is taking its penchant for Korean partners to another level after its parent company … Read more>>>

Christina Gaw, Managing Principal, Co-Chair of Alternative Investments at Gaw Capital Partners (1) (1)

Gaw Completes $430M Final Closing of Asia-Focused Proptech Fund

Christina Gaw, Managing Principal, Co-Chair of Alternative Investments at Gaw Capital Partners (1) (1)

2021/05/29 by Christopher Caillavet Leave a Comment

Hong Kong-based Gaw Capital Partners on Friday announced the final closing of its proptech-oriented Gaw Growth Equity Fund I, bringing total equity raised for the fund (including co-investments) to $430 million.

Launched in late 2020, the investment vehicle backs high-growth,… Read More>>

Hong Kong-based Gaw Capital Partners on Friday announced the final closing of its proptech-oriented Gaw Growth Equity … Read more>>>

GLP China New shed in Mainland China

GLP Eyeing $2B HK IPO for China Logistics Portfolio and More Asia Real Estate Headlines

GLP China New shed in Mainland China

2021/05/29 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, fund manager GLP weighs a spinoff of its mainland logistics portfolio into a REIT, data centre operator BDx expands capacity at its Singapore facility, and Hong Kong’s lived-in home prices are on track… Read More>>

In today’s roundup of regional news headlines, fund manager GLP weighs a spinoff of its mainland logistics portfolio … Read more>>>

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