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Yoan Kamalski

Hmlet Teams Up with Mitsubishi Estate to Launch Japan Co-Living JV

Yoan Kamalski

2019/10/08 by James Hatton Leave a Comment

Co-living operator Hmlet opened for business in Japan this week through a newly formed joint venture with developer Mitsubishi Estate Company, according to an announcement from the Singapore-based firm.

The partners, which plan to open their first shared living facility… Read More>>

Co-living operator Hmlet opened for business in Japan this week through a newly formed joint venture with developer … Read more>>>

TPG, KKR-Backed PropertyGuru Seeks to Raise A$380M in Australian IPO 

2019/10/08 by James Hatton Leave a Comment

Southeast Asia property listings platform PropertyGuru has filed for an initial public offering that could value the media business at A$1.2 billion ($810 million), according to a prospectus lodged with the Australian Securities and Investment Commission this week.

The 12-year-old… Read More>>

Southeast Asia property listings platform PropertyGuru has filed for an initial public offering that could value the … Read more>>>

empty shops hk

HK Retailers Offered Monthly Leases as Sales Plummet and More Asia Real Estate Headlines

empty shops hk

2019/10/08 by James Hatton Leave a Comment

Short-term leases lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that landlords are offering shop tenants in Hong Kong monthly agreements as the retail sector continues to come under pressure in the Asian… Read More>>

Short-term leases lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that landlords … Read more>>>

kevin lee starwood

Starwood Capital Hires Lone Star Veteran to Head Asia Real Estate Business

kevin lee starwood

2019/10/08 by Michael Cole Leave a Comment

Private equity investor Starwood Capital has brought on board a new lead executive for its property business in Asia, Mingtiandi has learned.

Kevin Lee, formerly a Managing Director with Lone Star Funds based in Tokyo, joined Starwood last month in… Read More>>

Private equity investor Starwood Capital has brought on board a new lead executive for its property business in Asia, … Read more>>>

ritesh agarwal oyo

Softbank-backed Oyo Hotels Raising $1.5B to Expand into US, Europe

ritesh agarwal oyo

2019/10/07 by Michael Cole Leave a Comment

Indian hospitality group Oyo Hotels and Homes today announced that it is raising $1.5 billion to continue its expansion into the US, Europe and other global markets.

25-year-old Oyo founder Ritesh Agarwal is leading the financing round with support from… Read More>>

Indian hospitality group Oyo Hotels and Homes today announced that it is raising $1.5 billion to continue its expansion … Read more>>>

JLL Notches €1.1B Blackstone Japan Deal to Lead Asia Brokerage Wins Mingtiandi Broker Battle

2019/10/07 by James Hatton Leave a Comment

Topping the deal charts in this edition of Mingtiandi’s Broker Battle is JLL’s sale of a portfolio of Japanese multifamily properties on behalf of funds managed by US private equity giant Blackstone. European insurer Allianz purchased the set of rental… Read More>>

Topping the deal charts in this edition of Mingtiandi’s Broker Battle is JLL’s sale of a portfolio of Japanese … Read more>>>

Daniel Ding_tb

Knight Frank Singapore Names Former Soilbuild CEO to Investment Team

Daniel Ding_tb

2019/10/07 by Michael Cole Leave a Comment

Knight Frank Singapore has appointed the former head of a Singapore-listed construction firm as a senior member of its investment services team in the city state, according to a press release from the company.

Daniel Ding, former CEO of Soilbuild… Read More>>

Knight Frank Singapore has appointed the former head of a Singapore-listed construction firm as a senior member of its … Read more>>>

Kazuyuki Sasaki

Asia Real Estate People in the News 2019-10-07

Kazuyuki Sasaki

2019/10/07 by Michael Cole Leave a Comment

Changes at WeWork lead this week’s edition of Asia Real Estate People in the News, with the financially challenged co-working giant already seeing changes in its leadership in the region following its failed IPO attempt.

Reports surfaced late last week… Read More>>

Changes at WeWork lead this week's edition of Asia Real Estate People in the News, with the financially challenged … Read more>>>

Rush Desai of Allianz

Blackstone Selling Japan Rental Apartment Portfolio to Allianz for €1.1B

Rush Desai of Allianz

2019/10/06 by James Hatton Leave a Comment

Blackstone has agreed to sell a portfolio of rental apartment properties in Japan to Allianz Real Estate for €1.1 billion ($1.2 billion), according to an announcement by the Paris and Munich-headquartered insurer.

Marking its entry into the Japanese residential market,… Read More>>

Blackstone has agreed to sell a portfolio of rental apartment properties in Japan to Allianz Real Estate for €1.1 … Read more>>>

William Tay Ascendas

Frasers-ESR Sell Melbourne Office Project to Ascendas REIT for A$111M

William Tay Ascendas

2019/10/06 by Michael Cole Leave a Comment

Singapore-listed Ascendas REIT will soon be adding a fourth Australian office property to its portfolio after the real estate investment trust’s manager announced last week that it had agreed to acquire a Melbourne development project.

Ascendas Funds Management, a unit… Read More>>

Singapore-listed Ascendas REIT will soon be adding a fourth Australian office property to its portfolio after the real … Read more>>>

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