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Yian Wang AEW

Asia Real Estate People in the News 2024-12-16

Yian Wang AEW

2024/12/16 by Michael Cole Leave a Comment

Promotions at major private equity players lead this week’s review of personnel moves in Asia’s real estate industry, with both AEW and KKR upgrading their teams this month. Also making the list are updates from a Tokyo-listed REIT and a… Read More>>

Promotions at major private equity players lead this week’s review of personnel moves in Asia’s real estate industry, … Read more>>>

Trent Iliffe Logos Asia

Blackstone Completes Buy of Logos India Warehouses for Over $203M

Trent Iliffe Logos Asia

2024/12/15 by Michael Cole Leave a Comment

After vowing early this year to boost its India logistics holdings, Blackstone has acquired a set of warehouses from Logos Asia for more than INR 17.25 billion ($203 million), according to sources familiar with the transaction who spoke with Mingtiandi.

… Read More>>

After vowing early this year to boost its India logistics holdings, Blackstone has acquired a set of warehouses from … Read more>>>

Raja Bagmane

Blackstone Buying Stake in Bengaluru Business Park Builder as India Empire Expands

Raja Bagmane

2024/12/15 by Michael Cole Leave a Comment

With Blackstone having filed for its fourth India REIT in September and with a fifth listed property trust reportedly on the way in 2025, the US fund management titan has been given the green light to pick up a stake… Read More>>

With Blackstone having filed for its fourth India REIT in September and with a fifth listed property trust reportedly on … Read more>>>

KOREIT vice-chairman and CEO Yun-seong Choi (Image: KOREIT)

KOREIT Leads Acquisition of Its $310M Headquarters in Seoul’s Gangnam

KOREIT vice-chairman and CEO Yun-seong Choi (Image: KOREIT)

2024/12/14 by Christopher Caillavet Leave a Comment

Korea Real Estate Investment & Trust has acquired a stake in a Seoul office tower that serves as KOREIT’s headquarters in a transaction valuing the asset at KRW 445 billion ($310 million), according to market sources.

The deal is a… Read More>>

Korea Real Estate Investment & Trust has acquired a stake in a Seoul office tower that serves as KOREIT’s … Read more>>>

Citadel's Ken Griffin is betting on Asian data centres

SoftBank, Citadel’s Griffin Boost GDS International Equity Raise to $1.2B

Citadel's Ken Griffin is betting on Asian data centres

2024/12/14 by Christopher Caillavet Leave a Comment

The international unit of Shanghai-based data centre firm GDS Holdings has won the backing of Japan’s SoftBank and Citadel boss Ken Griffin for an upsized Series B round to raise $1.2 billion in equity.

The new commitments from the SoftBank… Read More>>

The international unit of Shanghai-based data centre firm GDS Holdings has won the backing of Japan’s SoftBank and … Read more>>>

Bernie Devine,

More Than a Third of Asia Real Estate Executives Have Deployed AI Systems

Bernie Devine,

2024/12/14 by Christopher Caillavet Leave a Comment

More than a third of Asia real estate executives are leveraging artificial intelligence, up sharply from year-ago levels, according to a report released this past week by Yardi, based on a Mingtiandi survey.

In the fifth in a series of… Read More>>

More than a third of Asia real estate executives are leveraging artificial intelligence, up sharply from year-ago … Read more>>>

PG&e campus in san francisco

Hines, NPS Resolve $500M Loan on San Fran Asset and More Asia Real Estate Headlines

PG&e campus in san francisco

2024/12/14 by Michael Cole Leave a Comment

The Hines-NPS joint venture behind a San Francisco mixed-use development reaches an agreement to pay off a recently matured loan, with that story leading today’s headline roundup. Also making the list, a mystery buyer picks up 26 Hong Kong homes… Read More>>

The Hines-NPS joint venture behind a San Francisco mixed-use development reaches an agreement to pay off a recently … Read more>>>

Daisuke Kitta Blackstone

Blackstone Buying Tokyo Commercial Complex From Seibu Holdings for $2.6B

Daisuke Kitta Blackstone

2024/12/13 by Christopher Caillavet Leave a Comment

US private equity titan Blackstone is set to buy a commercial complex in central Tokyo from Seibu Holdings for $2.6 billion, a sum that would mark the largest-ever real estate acquisition by a foreign investor in Japan.

Funds managed by… Read More>>

US private equity titan Blackstone is set to buy a commercial complex in central Tokyo from Seibu Holdings for $2.6 … Read more>>>

GIC chief executive Lim Chow Kiat

GIC JV Buying Two US Hotels for $96M

GIC chief executive Lim Chow Kiat

2024/12/12 by Christopher Caillavet Leave a Comment

A joint venture of Singapore sovereign giant GIC and a NYSE-listed REIT has agreed to acquire a pair of US hotels for $96 million.

The two-asset portfolio consists of the 250-key Hampton Inn Boston Logan Airport in the Massachusetts capital… Read More>>

A joint venture of Singapore sovereign giant GIC and a NYSE-listed REIT has agreed to acquire a pair of US hotels for … Read more>>>

Cyrus Adaggra, President, Equinix Asia-Pacific

Data Centre Titan Equinix Promotes Cyrus Adaggra to APAC President

Cyrus Adaggra, President, Equinix Asia-Pacific

2024/12/12 by Michael Cole Leave a Comment

Just over two months after seeing its top executive in the region head off to lead a global rival, digital infrastructure giant Equinix has named a new president for Asia Pacific.

Four-year company veteran Cyrus Adaggra has been appointed to… Read More>>

Just over two months after seeing its top executive in the region head off to lead a global rival, digital … Read more>>>

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