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Toshi Tsuchiya

Asia Real Estate People in the News 2020-04-06

Toshi Tsuchiya

2020/04/06 by Michael Cole Leave a Comment

While the coronavirus has most of Asia’s real estate professionals working from home, the health menace hasn’t kept some of the region’s decision-makers from advancing their careers, as a former member of Goldman Sachs’ Hong Kong real estate team takes… Read More>>

While the coronavirus has most of Asia’s real estate professionals working from home, the health menace hasn’t kept some … Read more>>>

Calvin Chou

Invesco Raises $505M for First Closing of Asia Value-Add Real Estate Fund

Calvin Chou

2020/04/06 by Michael Cole Leave a Comment

US-based asset manager Invesco has reached a $380 million first close on its fourth APAC-focused value-add real estate investment vehicle, according to sources familiar with the firm’s fund raising.

Including sidecar and co-investment commitments, the managers of Invesco Real Estate… Read More>>

US-based asset manager Invesco has reached a $380 million first close on its fourth APAC-focused value-add real estate … Read more>>>

110 Jervois Street

Sheung Wan Building Sells for HK$98M and More Hong Kong Real Estate Headlines

110 Jervois Street

2020/04/06 by Stephanie Li Leave a Comment

Leading today’s Hong Kong real estate news, a three-metre-wide building in Sheung Wan was sold for HK$98 million — a multiple of 41 times what the seller paid to acquire the property west of Central when Saturday Night Fever was… Read More>>

Leading today’s Hong Kong real estate news, a three-metre-wide building in Sheung Wan was sold for HK$98 million -- a … Read more>>>

yuan linjiang china reinsurance

China Re Completes RMB 3.1B Acquisition of Shanghai Office Tower

yuan linjiang china reinsurance

2020/04/04 by James Hatton Leave a Comment

China Reinsurance has completed the acquisition of a newly completed commercial property in Shanghai’s Lujiazui area for RMB 3.09 billion ($440 million), according to an announcement yesterday by Cushman & Wakefield.

The Hong Kong-listed insurer, which is controlled by mainland… Read More>>

China Reinsurance has completed the acquisition of a newly completed commercial property in Shanghai’s Lujiazui area for … Read more>>>

son neumann

SoftBank Abandons $3B WeWork Share Buyout 

son neumann

2020/04/04 by James Hatton Leave a Comment

Softbank has withdrawn its proposal to buy $3 billion in WeWork shares, following through on a letter to investors sent last month threatening a U-turn on the deal which gave it control of the troubled co-working pioneer.

The Japanese investment… Read More>>

Softbank has withdrawn its proposal to buy $3 billion in WeWork shares, following through on a letter to investors sent … Read more>>>

InterContinental Hong Kong Closing for Renovation and More Asia Real Estate Headlines

2020/04/04 by James Hatton Leave a Comment

A Kowloon hotel owned by investors led by Gaw Capital leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that it has started a two year renovation project which will kick off later this… Read More>>

A Kowloon hotel owned by investors led by Gaw Capital leads the way in Mingtiandi’s roundup of Asia real estate … Read more>>>

Mong Kok Site Sells for 20% Off and More Hong Kong Real Estate Headlines

2020/04/04 by Stephanie Li Leave a Comment

Leading today’s Hong Kong real estate news, a mixed-use plot in protest-hit Mong Kok has sold at a 16-year low price as real estate values continue to feel the weight of the city’s sliding economy. Also, in the headlines, an… Read More>>

Leading today’s Hong Kong real estate news, a mixed-use plot in protest-hit Mong Kok has sold at a 16-year low price as … Read more>>>

Savills IM, Alistair Ennever

Korea’s Vestas Tops Up €1B Euro Sheds Portfolio with Poland Buy

Savills IM, Alistair Ennever

2020/04/02 by James Hatton Leave a Comment

Seoul-based Vestas Investment Management has acquired a distribution centre in central Poland on behalf of Korean institutional investors for €71 million ($78 million), as the European logistics market continues to draw Asian capital.

Savills Investment Management said in a statement… Read More>>

Seoul-based Vestas Investment Management has acquired a distribution centre in central Poland on behalf of Korean … Read more>>>

william tay ascendas

Ascendas REIT Buys Out Mitsui Stake in SG Business Park for S$103M

william tay ascendas

2020/04/02 by James Hatton Leave a Comment

Ascendas Real Estate Investment Trust has acquired a 25 percent ownership interest in a Singapore business park for S$102.91 million ($72 million), after buying out the company’s Japanese development partner, according to an announcement by the SGX-listed REIT.

The manager… Read More>>

Ascendas Real Estate Investment Trust has acquired a 25 percent ownership interest in a Singapore business park for … Read more>>>

Luckin Coffee

Investigation Finds Luckin Coffee Faked $310M in Sales and More Asia Real Estate Headlines

Luckin Coffee

2020/04/02 by James Hatton Leave a Comment

Greater China’s shopping situation was messy in the first quarter but Q2 might be on its way to surpassing the record retail wreckage of the first three months of 2020, as Luckin Coffee suspends its COO after an internal investigation… Read More>>

Greater China's shopping situation was messy in the first quarter but Q2 might be on its way to surpassing the record … Read more>>>

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