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Nan Fung Group chairman and CEO Antony Leung

Nan Fung Wins Tung Chung Site Tender in Hong Kong and More Asia Real Estate Headlines

Nan Fung Group chairman and CEO Antony Leung

2024/12/23 by Michael Cole Leave a Comment

Privately held Nan Fung Group wins a residential development site near Hong Kong’s Tung Chung East Station, with that successful tender leading today’s headline roundup. Also in the news, a Daiwa Securities REIT sells apartments in Japan’s Miyagi prefecture and… Read More>>

Privately held Nan Fung Group wins a residential development site near Hong Kong’s Tung Chung East Station, with that … Read more>>>

Sunyoung Kim Tikehau

Asia Real Estate People in the News 2024-12-23

Sunyoung Kim Tikehau

2024/12/23 by Michael Cole Leave a Comment

A Korean appointment leads this week’s review of personnel moves from around Asia’s real estate industry, with a French investment manager adding to its team in Seoul. Also making the lists are board moves at a Singapore-listed REIT and at… Read More>>

A Korean appointment leads this week’s review of personnel moves from around Asia’s real estate industry, with a French … Read more>>>

Daisuke Kitta Blackstone

Blackstone Announces Osaka Hotel Buy in Second Japan Hospitality Deal This Month

Daisuke Kitta Blackstone

2024/12/22 by Michael Cole Leave a Comment

US fund management giant Blackstone has agreed to acquire a budget hostelry in Osaka, adding to its cache of Japanese hospitality properties.

The Manhattan-based firm late last week revealed that it has agreed to buy a Nest Hotel… Read More>>

US fund management giant Blackstone has agreed to acquire a budget hostelry in Osaka, adding to its cache of Japanese … Read more>>>

KKR Japan CEO Hiro Hirano

KKR Extends Fuji Soft Tender Offer Into January as Founder-Backed Bain Ups Bid

KKR Japan CEO Hiro Hirano

2024/12/21 by Christopher Caillavet Leave a Comment

KKR on Thursday postponed the closing of its tender offer for Japan’s Fuji Soft until 9 January, as the US buyout giant seeks to repel a sweetened bid for the Tokyo-listed systems developer from rival Bain Capital.

The extension of… Read More>>

KKR on Thursday postponed the closing of its tender offer for Japan’s Fuji Soft until 9 January, as the US buyout giant … Read more>>>

Teresa Zhuge, executive vice chairman and chairman of the executive committee at GLP China

GCP Reaches Closing of 13th China Income Fund With Assets of $380M

Teresa Zhuge, executive vice chairman and chairman of the executive committee at GLP China

2024/12/21 by Christopher Caillavet Leave a Comment

GLP Capital Partners on Friday announced the closing of its latest mainland China income fund with RMB 2.8 billion ($380 million) in assets under management.

China Income Fund XIII is a partnership with a leading global institutional investor, the asset… Read More>>

GLP Capital Partners on Friday announced the closing of its latest mainland China income fund with RMB 2.8 billion ($380 … Read more>>>

GIC chief executive Lim Chow Kiat

GIC Abandons Seoul Office Sale Amid Korean Crisis and More Asia Real Estate Headlines

GIC chief executive Lim Chow Kiat

2024/12/20 by Michael Cole Leave a Comment

Singapore’s GIC drops the sale of its landmark Seoul Financial Center after bids failed to satisfy the sovereign giant, with that story leading today’s headline roundup. Also in the news, SGX-listed Cromwell E-REIT agrees to sell a pair of office… Read More>>

Singapore’s GIC drops the sale of its landmark Seoul Financial Center after bids failed to satisfy the sovereign giant, … Read more>>>

Alyssa's Chedli Boujellabia

Alyssa Partners Buys 13 Japan Apartment Buildings in $190M Tie-Up With Global Investor

Alyssa's Chedli Boujellabia

2024/12/19 by Christopher Caillavet Leave a Comment

Tokyo-based investment manager Alyssa Partners has acquired a portfolio of 13 apartment buildings in Japan under a partnership with an undisclosed global institutional investor.

Located in established residential areas of Tokyo, Osaka and Kobe, the multi-family properties have an average… Read More>>

Tokyo-based investment manager Alyssa Partners has acquired a portfolio of 13 apartment buildings in Japan under a … Read more>>>

Yukihito Honda of Sumitomo Corporation

Japan’s Sumitomo Enters Aussie Market via $516M Sydney Residential JV With Mirvac

Yukihito Honda of Sumitomo Corporation

2024/12/19 by Christopher Caillavet Leave a Comment

Japan’s Sumitomo Corporation has made its maiden property investment in Australia by entering a 50:50 joint venture with real estate giant Mirvac on an A$830 million ($516 million) Sydney residential project.

The tie-up for the under-construction Highforest in Sydney’s northwest… Read More>>

Japan’s Sumitomo Corporation has made its maiden property investment in Australia by entering a 50:50 joint venture with … Read more>>>

Yasuhiro Ogawa, CEO of Samty Holdings

Japan’s Samty REIT Buys Apartment Portfolio for $37M and More Asia Real Estate Headlines

Yasuhiro Ogawa, CEO of Samty Holdings

2024/12/19 by Michael Cole Leave a Comment

Tokyo-listed Samty REIT picks up a set of six apartment blocks from its sponsor and divests two properties, with those trades leading today’s headline roundup. Also making the list, Sunac China files a $1.3 billion claim against Wanda Group and… Read More>>

Tokyo-listed Samty REIT picks up a set of six apartment blocks from its sponsor and divests two properties, with those … Read more>>>

Daisuke Kitta Blackstone

Blackstone Expands Japan Hotel Bets with $130M Okinawa Deal

Daisuke Kitta Blackstone

2024/12/18 by Michael Cole Leave a Comment

Blackstone is doubling down on one of its favourite Asian property plays with the US private equity giant having agreed to purchase a pair of Japanese resorts in a JPY 20 billion ($130 million) deal, according to market sources who… Read More>>

Blackstone is doubling down on one of its favourite Asian property plays with the US private equity giant having agreed … Read more>>>

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