PGIM Real Estate’s plan to redevelop a Melbourne last-mile logistics site has hit a wall as the property’s major tenant, Woolworths, elects to stay put, while the embattled developer of a landmark office tower in Sydney’s city centre vows to… Read More>>
Adrian Lee Rejoins AEW to Lead Asia Transactions After Tishman Stint
Adrian Lee has rejoined AEW as head of transactions for Asia, marking his return to the Boston-based real estate fund manager after his departure three years ago to lead regional deals at Manhattan property group Tishman Speyer.
Stationed in Singapore,… Read More>>
WeWork India IPO Just 4% Subscribed on First Day and More Asia Real Estate Headlines
An IPO’s slow start leads our look at real estate headlines from around the region as WeWork India gets a tepid response from investors. Also on the list are a Warburg Pincus investment in an India housing lender and Hysan… Read More>>
Macau Magnate Sells Singapore Shophouses for $40M and More Asia Real Estate Headlines
A Macau businessman unloads a set of Singapore shophouses at a discount to their decade-earlier purchase price, with that deal leading today’s headline roundup. Also making news, WeWork India gets the nod for an IPO and Singapore’s Far East Hospitality… Read More>>
AEW Asia Chief Jason Lee to Depart, Yian Wang Promoted to APAC CIO
AEW head of Asia Jason Lee is leaving the company after 13 years, as the US fund manager turns over his role as chief investment officer for Asia Pacific to colleague Yian Wang.
Wang is taking the step up after… Read More>>
Asia Real Estate People in the News 2024-12-16
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>>
AEW Selling Northern Singapore Industrial Building to Family Office for $117M
US fund manager AEW is selling an industrial asset in Singapore’s Woodlands area for between S$153 million and S$154 million ($115.9 million and $117.7 million), market sources confirmed to Mingtiandi on Friday.
The buyer of Admirax, a seven-storey light industrial… Read More>>
Asia Real Estate People in the News 2023-12-18
After a year of good behaviour some of Asia’s most senior real estate executives are getting new jobs for Christmas, leading with the head of China’s CITIC Group, who has been called to lead the country’s Forex regulator. Also making… Read More>>
Asia Real Estate People in the News 2023-08-14
New leadership for Australian developer and fund manager Lendlease’s SGX-listed real estate investment trust leads this week’s collection of personnel updates around Asia, with top level moves at US fund manager AEW and the asset management affiliate of Germany’s Deutsche… Read More>>
Asia Real Estate People in the News 2023-07-31
A new hire at a top US fund manager and an upgrade at one of Canada’s largest pension fund managers lead this week’s survey of personnel moves around Asia’s real estate industry, with a Beijing-based data centre operator and a… Read More>>
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