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Phile Pearce ESR

ESR Gets A$480M Australia Commitment From GIC, Signs Japanese Mega-Lease

Phile Pearce ESR

2020/09/27 by Elizabeth Kerr Leave a Comment

Singapore’s sovereign wealth fund has gone back for its fourth helping of ESR warehouses this year with GIC now committing A$480 million ($337 million) to a logistics development partnership in Australia, according to a stock exchange announcement on 24 September.

… Read More>>

Singapore’s sovereign wealth fund has gone back for its fourth helping of ESR warehouses this year with GIC now … Read more>>>

Chinese Budget Retailer Miniso Files for $100M US IPO and More Asia Real Estate Headlines

2020/09/26 by Shiunne Bulsombut Leave a Comment

Cute retailers and scary debts lead Asia’s real estate headlines today as Chinese novelty retailer Miniso files for a $100 million IPO on the US stock exchange.

Also in the news, China Evergrande saw its securities punished for a… Read More>>

Cute retailers and scary debts lead Asia's real estate headlines today as Chinese novelty retailer Miniso files for a … Read more>>>

tim wang blackstone 2020-09-24

Blackstone China Real Estate Boss Tim Wang Leaving Firm at Year-End

tim wang blackstone 2020-09-24

2020/09/25 by Michael Cole 1 Comment

The head of Blackstone’s real estate business in mainland China is leaving the firm, Mingtiandi has learned, with ten-year company veteran Tim Wang due to leave the company by the end of this year, according to two sources familiar with… Read More>>

The head of Blackstone’s real estate business in mainland China is leaving the firm, Mingtiandi has learned, with … Read more>>>

xu jiayin tb evergrande

Evergrande Denies Pleading for Govt Support to Avoid Collapse

xu jiayin tb evergrande

2020/09/25 by Michael Cole Leave a Comment

Indebted mainland developer China Evergrande Group was forced to deny reports that it was pleading for a bailout yesterday, after a document circulating on Chinese social media indicated that the firm was pleading for government support to avoid financial catastrophe.

… Read More>>

Indebted mainland developer China Evergrande Group was forced to deny reports that it was pleading for a bailout … Read more>>>

Actis Brian Chinappi

Actis Expands Asia Data Centre Deals with $315M Seoul JV

Actis Brian Chinappi

2020/09/25 by Michael Cole Leave a Comment

UK fund manager Actis continues to bet on data centres with the announcement today of a joint venture with Korean conglomerate GS Group.

The deal comes amid a flurry of data centre investment in Asia Pacific as the COVID-19 pandemic… Read More>>

UK fund manager Actis continues to bet on data centres with the announcement today of a joint venture with Korean … Read more>>>

Michael Jiang WeWork China

WeWork Sells Control of China Business to Trustbridge for $200M

Michael Jiang WeWork China

2020/09/25 by Elizabeth Kerr Leave a Comment

Beleaguered co-working operator WeWork raised some much needed cash on Thursday when it announced that it had sold a $200 million stake in its China division to a consortium led by Shanghai’s Trustbridge Partners.

Trustbridge is taking the lead among… Read More>>

Beleaguered co-working operator WeWork raised some much needed cash on Thursday when it announced that it had sold a … Read more>>>

Li Ka Shing

Regulators Block Loans for CK Asset Chengdu Deal and More Asia Real Estate Headlines

Li Ka Shing

2020/09/24 by Shiunne Bulsombut Leave a Comment

China’s “three red lines” rules introduced last month appear to already be having an impact with Li Ka-shing’s sale of a Chengdu project said to be endangered by the new guidelines on restricting credit to indebted developers, according to a… Read More>>

China's "three red lines" rules introduced last month appear to already be having an impact with Li Ka-shing's sale of a … Read more>>>

nam tai inno park3

Kaisa Fights Activist Shareholder for Control of NYSE-Listed Nam Tai Property

nam tai inno park3

2020/09/23 by Michael Cole Leave a Comment

A battle for control of a New York stock exchange-listed mainland developer entered its latest chapter this week when Nam Tai Property announced a new chairman, CEO and CFO.

The leadership change by the Shenzhen-based developer came after Kwok Ying… Read More>>

A battle for control of a New York stock exchange-listed mainland developer entered its latest chapter this week when … Read more>>>

Reliance Market in India

KKR Agrees to Pay $755M for Stake in Reliance Retail and More Asia Real Estate Headlines

Reliance Market in India

2020/09/23 by Shiunne Bulsombut Leave a Comment

India looms large in today’s real estate news from around the region with US buyout giant KKR jumping into the country’s shopping scene by purchasing a stake in Reliance Group. That deal comes in the same month that KKR… Read More>>

India looms large in today's real estate news from around the region with US buyout giant KKR jumping into the country's … Read more>>>

David Matheson Oxford

Oxford Properties Upgrades APAC Leadership in Drive to Boost Regional Allocation to 25%

David Matheson Oxford

2020/09/22 by Mingtiandi Team Leave a Comment

Oxford Properties, the global property investment wing of one of Canada’s largest pension funds, has upgraded its Asia Pacific leadership as it aims to allocate 25 percent of its portfolio to the region, according to an announcement yesterday.

The division… Read More>>

Oxford Properties, the global property investment wing of one of Canada’s largest pension funds, has upgraded its Asia … Read more>>>

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