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John Lim ARA

ARA Enters US Market With Purchase of 38 Hyatt Hotels

John Lim ARA

2018/12/03 by Vincent Morkri Leave a Comment

Singapore-based real estate fund manager ARA Asset Management announced on Monday that it had purchased a portfolio of 38 Hyatt-branded hotels in the United States from a unit of Lone Star Funds at an undisclosed price, marking ARA’s first foray… Read More>>

Singapore-based real estate fund manager ARA Asset Management announced on Monday that it had purchased a portfolio of … Read more>>>

huang yongping MOHURD

Land Sales to Add Over 3,200 More Rental Homes to Shanghai Housing Pipeline

huang yongping MOHURD

2018/12/03 by Vincent Morkri Leave a Comment

The Shanghai city government is putting up for tender three new residential sites with a planned construction area of just over 210,000 square meters, bringing its yearly proffering of residential land to more than two million square meters, according to… Read More>>

The Shanghai city government is putting up for tender three new residential sites with a planned construction area of … Read more>>>

Rush desai allianz

Allianz Buys 20% of SG’s Ocean Financial Centre From Keppel REIT for $392M

Rush desai allianz

2018/12/02 by Emma Zhou Leave a Comment

European insurer Allianz on Friday announced that it has agreed to buy a 20 percent stake in the Ocean Financial Centre office tower in Singapore from Keppel REIT for S$537.3 million ($392.1 million).

Allianz’ investment in the grade A office… Read More>>

European insurer Allianz on Friday announced that it has agreed to buy a 20 percent stake in the Ocean Financial Centre … Read more>>>

Adrian Cheng New World

New World Buying Guangzhou Site Next to China’s Largest Amusement Park for $690M

Adrian Cheng New World

2018/12/02 by Emma Zhou Leave a Comment

New World Development last week announced to the Hong Kong Exchange that it is buying a 65 percent stake in a site in Guangzhou, next to the country’s largest amusement park, for a total consideration of over RMB 4.78 billion… Read More>>

New World Development last week announced to the Hong Kong Exchange that it is buying a 65 percent stake in a site in … Read more>>>

Three Pacific Place

Duff & Phelps Moves HQ to Three Pacific Place and More Hong Kong Real Estate Headlines

Three Pacific Place

2018/12/02 by Dorothy Ma Leave a Comment

Leading today’s Hong Kong real estate news, reports of a market downturn seem to still be unconfirmed rumours last week in the city’s prime business districts as new office leases and asset sales pushed the upper limits of market… Read More>>

Leading today’s Hong Kong real estate news, reports of a market downturn seem to still be unconfirmed rumours last week … Read more>>>

Tan Juay Hiang, CEO of Ascendas Hospitality Trust

Ascendas Hospitality Trust Buys Second Seoul Hotel for $69M

Tan Juay Hiang, CEO of Ascendas Hospitality Trust

2018/12/02 by Jan Kot Leave a Comment

Ascendas Hospitality Trust continues to expand its presence in Seoul as the manager of the Singapore-listed trust has agreed to purchase its second hotel in the South Korean capital in less than seven months.

The trust, which already owns a… Read More>>

Ascendas Hospitality Trust continues to expand its presence in Seoul as the manager of the Singapore-listed trust has … Read more>>>

Chifley Tower Sydney

GIC Cancels Plan to Sell Stake in $1.3B Sydney Tower and More Asia Real Estate Headlines

Chifley Tower Sydney

2018/12/01 by Michael Cole Leave a Comment

Just over a week ago a survey of property professionals in the region picked Sydney as a top-three investment destination, but what could be a sign of changing market conditions, Singapore’s GIC has cancelled a plan to see a half… Read More>>

Just over a week ago a survey of property professionals in the region picked Sydney as a top-three investment … Read more>>>

Humbert-Pang gaw

Gaw, Quadreal Buy Shanghai’s Ocean Towers From ARA for RMB 3B

Humbert-Pang gaw

2018/11/30 by Michael Cole Leave a Comment

Gaw Capital Partners announced today that the private equity firm, through a fund under its management and in league with partners including British Columbia’s QuadReal Property Group, have acquired the Ocean Towers office building in Shanghai.

The consortium purchased the… Read More>>

Gaw Capital Partners announced today that the private equity firm, through a fund under its management and in league … Read more>>>

nick brand mace

Mace Picks Former Barclays Exec to Open APAC Office in Singapore

nick brand mace

2018/11/30 by Michael Cole Leave a Comment

Construction firm Mace has appointed former Barclays executive Nick Brand to run a new office dedicated to the Asia Pacific region that the company is opening in Singapore, according to a statement this week from the UK-based project management specialist.

… Read More>>

Construction firm Mace has appointed former Barclays executive Nick Brand to run a new office dedicated to the Asia … Read more>>>

Jacky Wong developer meme

PAG Falls Short in Spring REIT Buyout Bid and More Asia Real Estate Headlines

Jacky Wong developer meme

2018/11/30 by Michael Cole Leave a Comment

The last working day in November sees one of Asia’s biggest homegrown private equity firms falling short in its bid to takeover a Hong Kong-listed REIT, while project owners in Singapore may be showing more confidence in the market as… Read More>>

The last working day in November sees one of Asia’s biggest homegrown private equity firms falling short in its bid to … Read more>>>

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