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Asia Real Estate People in the News 2019-12-23

2019/12/23 by James Hatton Leave a Comment

In this week’s edition of People in the News, China developer China Resources Land loses a vice president to Sichuan Languang Development, while Softbank-backed hospitality startup Oyo has brought on board a former McKinsey & Co partner as its COO… Read More>>

In this week’s edition of People in the News, China developer China Resources Land loses a vice president to Sichuan … Read more>>>

Sun-Hongbin Sunac

RMB 16B Western China Deal Makes Sunac Owner of World’s Biggest Building

Sun-Hongbin Sunac

2019/12/23 by Jan Kot Leave a Comment

Sunac China Holdings has racked up RMB 16.31 billion ($2.32 billion) in land and property acquisitions in less than two weeks, extending a buying binge in second-tier cities and further boosting the Tianjin-based developer’s outsize project pipeline.

On 6 December,… Read More>>

Sunac China Holdings has racked up RMB 16.31 billion ($2.32 billion) in land and property acquisitions in less than two … Read more>>>

weijian shan PAG

PAG Joins with Korean Investor to Buy Grand Hyatt Seoul for KRW 560B

weijian shan PAG

2019/12/20 by James Hatton Leave a Comment

PAG has teamed up with Seoul-based Inmark Asset Management to acquire the landmark Grand Hyatt Seoul hotel, as the city’s hospitality sector continues to draw interest from foreign investors.

The Hong Kong-based private equity firm, together with its co-investors, is… Read More>>

PAG has teamed up with Seoul-based Inmark Asset Management to acquire the landmark Grand Hyatt Seoul hotel, as the … Read more>>>

Carlyle Takes Stake in Mainland Rental Housing Operator Anxin Apartment

2019/12/20 by Greg Isaacson Leave a Comment

US private equity giant The Carlyle Group has taken a bet on China’s growing rental housing sector by investing in Shanghai-based corporate housing operator Anxin Apartment. Carlyle announced that it had acquired a “significant minority stake” in the mainland firm,… Read More>>

US private equity giant The Carlyle Group has taken a bet on China's growing rental housing sector by investing in … Read more>>>

Cindat Joins Forces with US REIT to Buy Out UK Senior Housing Portfolio for $232M 

2019/12/20 by James Hatton Leave a Comment

Beijing-based private equity firm Cindat Capital Management has announced a joint venture with US healthcare REIT Omega Healthcare Investors to buy up the remaining interest in a portfolio of 67 UK senior housing properties .

The Cindat–Omega joint venture paid… Read More>>

Beijing-based private equity firm Cindat Capital Management has announced a joint venture with US healthcare REIT Omega … Read more>>>

HK Investor Makes London Debut with £130M Office Deal and More Asia Real Estate Headlines

2019/12/20 by James Hatton Leave a Comment

A London office deal leads the way in Mingtiandi’s roundup of Asia real estate headlines with the news that a Hong Kong-based firm has made its debut buy in the Brexit-encumbered city.

In other news around the region, a Canada-headquartered… Read More>>

A London office deal leads the way in Mingtiandi’s roundup of Asia real estate headlines with the news that a Hong … Read more>>>

100 Market aerial

Link REIT Buying Sydney Office Tower From Blackstone Funds for A$683M

100 Market aerial

2019/12/20 by Michael Cole Leave a Comment

Asia’s largest real estate investment trust is buying its first property outside of Greater China, as the manager of the Link REIT on Thursday confirmed an earlier report by Mingtiandi that it is purchasing 100 Market Street in Sydney, with… Read More>>

Asia’s largest real estate investment trust is buying its first property outside of Greater China, as the manager of the … Read more>>>

Rush desai allianz

Allianz Fund Buys India Office Complex from Tishman Speyer, GIC for $250M

Rush desai allianz

2019/12/19 by James Hatton Leave a Comment

A fund backed by Allianz Real Estate and Indian developer Shapoorji Pallonji Group has notched India’s biggest commercial real estate deal of the year as the managers of the investment vehicle have agreed to purchase a landmark Hyderabad office development… Read More>>

A fund backed by Allianz Real Estate and Indian developer Shapoorji Pallonji Group has notched India’s biggest … Read more>>>

Citic Pacific Buys Hong Kong Luxury Residential Site for HK$3.2B and More Asia Real Estate Headlines

2019/12/19 by James Hatton Leave a Comment

A Hong Kong residential site leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a Chinese state-backed conglomerate has paid $410 million for the plot in the Asian financial hub. Meanwhile, back on… Read More>>

A Hong Kong residential site leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news … Read more>>>

Kenneth Gaw

Gaw Capital Partners Closes APAC Opportunistic Real Estate Fund at $2.2B

Kenneth Gaw

2019/12/19 by Michael Cole Leave a Comment

Gaw Capital Partners has raised its biggest war chest ever as the Hong Kong-based fund manager continues to attract global investment for real estate opportunities in Asia Pacific.

The private equity firm run by Goodwin Gaw brought Gateway Real Estate… Read More>>

Gaw Capital Partners has raised its biggest war chest ever as the Hong Kong-based fund manager continues to attract … Read more>>>

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