A unit of Korea’s Mirae Asset Financial Group has agreed to purchase the State Tower Namsan in Seoul for KRW 588.6 billion ($507 million), according to a statement last week from a brokerage representing the seller of the 24-storey office… Read More>>
ADIA Names Tom Arnold as Global Head of Real Estate
The Abu Dhabi Investment Authority (ADIA) has named Tom Arnold as global head of real estate, succeeding Bill Schwab, according to reports. Arnold currently serves as deputy global head and head of Americas real estate at the sovereign wealth fund… Read More>>
Asia Real Estate People in the News 2018-04-02
As the region gets back to work after an Easter holiday, a number of top professionals at Asia’s real estate firms will be still settling into new desks. Leading this week’s roster of property executives and investors finding new professional… Read More>>
ADIA Said Hiring Country Head for New India Office and More Asia Real Estate Headlines
Leading today’s news roundup, the world’s second-largest sovereign wealth fund is reported to be growing its presence in the world’s second-most-populous country, with plans to hire a head for India and eventually set up an office. Further east, China’s rental… Read More>>
Nan Fung Buys $361M London Complex as HK-UK Love Affair Goes On
Hong Kong-based Nan Fung Group is said to be buying a 250,000 square foot complex in London for £270 million ($361 million), according to a report in the UK’s Estates Gazette.
The privately-owned Hong Kong firm is buying the Regent… Read More>>
Asia Real Estate People in the News 2017-03-06
Big moves at a sovereign wealth fund and a NYSE-listed Chinese developer top the list of familiar faces in new places among the region’s real estate community this week, with ADIA’s head of real estate for Asia leading the way…. Read More>>
ADIA Opens Hong Kong Office And More Asia Real Estate Headlines
Hong Kong takes centre stage in the region’s real estate headlines today, starting with Abu Dhabi’s sovereign fund opening an office in the territory while the city’s Chow Tai Fook Enterprises may be venturing half-way around the world to buy… Read More>>
China’s Poly Group Buys London Office Block from ADIA for $209M
China’s Poly Real Estate Group has become the latest mainland developer to enter the UK market after confirming this week that it has purchased 5 Fleet Place in London for £145m ($208.6M).
The acquisition from sovereign wealth fund Abu Dhabi… Read More>>
