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GIC Closes in On Oxford Fairmont Hotels Deal and More Asia Real Estate Headlines

2019/09/05 by James Hatton Leave a Comment

A Canadian hotels portfolio leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that Singapore’s sovereign wealth fund is in advanced talks to acquire a stake in the $1.5 billion set of North American… Read More>>

A Canadian hotels portfolio leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that … Read more>>>

John Saunders Blackrock

BlackRock Nears $500M First Close on Latest APAC Real Estate Fund 

John Saunders Blackrock

2019/09/04 by James Hatton Leave a Comment

BlackRock Real Estate is raising capital for the fifth in its series of APAC-focused value-add property investment vehicles, with reports indicating that the size of the fund will eclipse its $500 million predecessor.

Having already secured commitments of between $300… Read More>>

BlackRock Real Estate is raising capital for the fifth in its series of APAC-focused value-add property investment … Read more>>>

ESR Co-CEO Jeffrey Shen

ESR Investing INR 3B in India Industrial Park JV 

ESR Co-CEO Jeffrey Shen

2019/09/04 by James Hatton Leave a Comment

ESR is ploughing nearly INR 3 billion ($42 million) into developing a pair of industrial parks in India, paving the way for the company to add to its warehouse portfolio in the subcontinent, according to an announcement by the Warburg… Read More>>

ESR is ploughing nearly INR 3 billion ($42 million) into developing a pair of industrial parks in India, paving the way … Read more>>>

Mico Chung CSI

CSI Ready to Redevelop Site in Hong Kong’s Central After HK$185M Acquisition

Mico Chung CSI

2019/09/04 by Jan Kot Leave a Comment

Hong Kong-listed CSI Properties has acquired the remaining four floors in a building on Wellington Street in Hong Kong’s Central district for HK$185 million ($23.59 million), according to an account in the Hong Kong Economic Times

The purchase brings the… Read More>>

Hong Kong-listed CSI Properties has acquired the remaining four floors in a building on Wellington Street in Hong Kong's … Read more>>>

Logistics Developer ESR Names New Group Managing Director

2019/09/04 by James Hatton Leave a Comment

Less than two months after postponing a Hong Kong IPO expected to raise up to $1.24 billion, Warburg Pincus-backed warehouse developer ESR has made a new hire for its capital markets team in an effort to support the company’s long-term… Read More>>

Less than two months after postponing a Hong Kong IPO expected to raise up to $1.24 billion, Warburg Pincus-backed … Read more>>>

Chen Feng HNA

HNA Losses Pile Up As Asset Sale Drags On and More Asia Real Estate Headlines

Chen Feng HNA

2019/09/04 by James Hatton Leave a Comment

The woes of a financially troubled conglomerate lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the Hainan-based group is shedding cash at a much faster rate than it is relieving its debt… Read More>>

The woes of a financially troubled conglomerate lead the way in Mingtiandi’s roundup of Asia real estate headlines today … Read more>>>

Adrian Baker CBRE GI

CBRE Global Investors Secures $115M for New APAC Logistics Fund

Adrian Baker CBRE GI

2019/09/04 by James Hatton Leave a Comment

CBRE Global Investors has secured commitments totalling $115 million for Asia Value Partners V, a new Asia Pacific fund, according to a filing with the Securities and Exchange Commission in the US.

A Form D filing dated 22 August 2019… Read More>>

CBRE Global Investors has secured commitments totalling $115 million for Asia Value Partners V, a new Asia Pacific fund, … Read more>>>

Manhattan Place

3M Signs Kowloon East Lease After Selling Causeway Bay Home to SilkRoad

Manhattan Place

2019/09/04 by James Hatton Leave a Comment

Hong Kong’s world-leading office rents continue to encourage multinationals to migrate to the city’s emerging business districts with engineering and consumer products powerhouse 3M said to be the latest global firm to flee Hong Kong Island for newer buildings with… Read More>>

Hong Kong’s world-leading office rents continue to encourage multinationals to migrate to the city’s emerging business … Read more>>>

China Merchants Shekou Files for $800M REIT IPO and More Asia Real Estate Headlines

2019/09/04 by James Hatton Leave a Comment

A Shenzhen-listed developer of industrial estates leads the way in Mingtiandi’s roundup of real estate headlines today as it files paperwork to float a real estate investment trust in Hong Kong, with sources expecting up to $800 million to be… Read More>>

A Shenzhen-listed developer of industrial estates leads the way in Mingtiandi’s roundup of real estate headlines today … Read more>>>

John Pattar KKR

KKR JV Acquires Shanghai Commercial Project Via $1.5B Fund

John Pattar KKR

2019/09/02 by James Hatton Leave a Comment

KKR has partnered up with a Shanghai-based fund manager to acquire a commercial development near the city’s historic Bund waterfront, according to people familiar with the matter.

The US private equity pioneer is making the investment through a joint venture that… Read More>>

KKR has partnered up with a Shanghai-based fund manager to acquire a commercial development near the city’s historic … Read more>>>

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