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hu huaibang CDB

Former China Development Bank Boss Arrested, Said to Have Funnelled Loans to HNA

hu huaibang CDB

2020/02/19 by Michael Cole Leave a Comment

The former head of a major Chinese policy bank has been officially arrested for “suspected serious violations of discipline” according to official government statements late last week.

Hu Huaibang, who had served as chairman of China Development Bank… Read More>>

The former head of a major Chinese policy bank has been officially arrested for “suspected serious violations of … Read more>>>

Takahiro Tsujikawa JLL Hotels Head

JLL Chooses New Japan Boss for Hotel Division

Takahiro Tsujikawa JLL Hotels Head

2020/02/19 by Michael Cole Leave a Comment

Property consultancy JLL has chosen new leadership for its hotel advisory unit in Japan, according to an announcement by the company late last week.

Takahiro Tsujikawa will take over as head of JLL Hotels and Hospitality for Japan effective 1… Read More>>

Property consultancy JLL has chosen new leadership for its hotel advisory unit in Japan, according to an announcement by … Read more>>>

China housing

Developers Scramble for Cash as Virus Hits Cashflow and More Asia Real Estate Headlines

China housing

2020/02/19 by James Hatton Leave a Comment

Stalling home sales lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that mainland developers are scrambling for cash in a liquidity crunch triggered by the coronavirus outbreak.

In other news around… Read More>>

Stalling home sales lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that mainland … Read more>>>

warburg Pincus

Warburg Pincus Bidding Against Gaw for A$1.73B Aussie Self-Storage REIT

warburg Pincus

2020/02/18 by James Hatton Leave a Comment

Warburg Pincus has entered a bidding contest for Australia’s largest self-storage operator with an offer to buy National Storage REIT (NSR) for A$1.73 billion ($1.2 billion), according to a disclosure by the real estate investment trust.

The board of the… Read More>>

Warburg Pincus has entered a bidding contest for Australia’s largest self-storage operator with an offer to buy National … Read more>>>

Broderick Storie PAG

PAG Blasts Spring REIT Management on Discounted Sino-Ocean Deal

Broderick Storie PAG

2020/02/18 by James Hatton Leave a Comment

PAG Real Estate has renewed its offensive against the management of Hong Kong-listed Spring REIT, just over a year after the firm failed in a bid to take control of the real estate investment trust.

The property arm of the… Read More>>

PAG Real Estate has renewed its offensive against the management of Hong Kong-listed Spring REIT, just over a year after … Read more>>>

ritesh agarwal Oyo

Oyo Losses Widen to $335M on China Expansion and More Asia Real Estate Headlines

ritesh agarwal Oyo

2020/02/18 by James Hatton Leave a Comment

SoftBank-backed losses lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that Masayoshi Son’s favourite budget hotel chain has reported that its net losses reached $335 million for the year ended 31 March 2019.

… Read More>>

SoftBank-backed losses lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that … Read more>>>

derek cheung fec

Far East Consortium Names CEO for Upcoming Hotel REIT

derek cheung fec

2020/02/17 by James Hatton Leave a Comment

Hong Kong-based real estate investment firm Far East Consortium International has appointed Derek Cheung as chief executive officer of a hotel trust that the group plans to list in the coming months.

Cheung, who started his new role as head… Read More>>

Hong Kong-based real estate investment firm Far East Consortium International has appointed Derek Cheung as chief … Read more>>>

Stuart Gibson ESR

ESR Unveils JPY 27B Plan to Build Nagoya’s Largest Distribution Centre

Stuart Gibson ESR

2020/02/17 by James Hatton Leave a Comment

ESR is investing JPY 27 billion ($250 million) to develop the largest distribution centre in Greater Nagoya, as the Hong Kong-listed logistics specialist pushes forward with its expansion in Japan.

Developing the Yatomi Kisosaki Distribution Centre will add a further… Read More>>

ESR is investing JPY 27 billion ($250 million) to develop the largest distribution centre in Greater Nagoya, as the Hong … Read more>>>

Asia Real Estate People in the News 2020-02-17

2020/02/17 by James Hatton Leave a Comment

In this week’s edition of People in the News, an SC Capital Partners executive director in Shanghai has stepped up to managing director, while a WeWork senior director of real estate has defected to JLL to head the China desk… Read More>>

In this week’s edition of People in the News, an SC Capital Partners executive director in Shanghai has stepped up to … Read more>>>

Ming Mei GLP THUMB

GLP’s Gazeley Said Buying Goodman European Portfolio for €1B

Ming Mei GLP THUMB

2020/02/16 by James Hatton Leave a Comment

Singapore-based Global Logistic Properties (GLP) is reported to be buying Goodman Group’s Central and Eastern European logistics portfolio in a deal said to be worth €1 billion ($1.08 billion).

Asia’s largest warehouse developer and fund manager is said to be… Read More>>

Singapore-based Global Logistic Properties (GLP) is reported to be buying Goodman Group’s Central and Eastern European … Read more>>>

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