Just four months after Oxley Holdings agreed to sell 30 Raffles Place in Singapore’s central business district to AEW for S$1.025 billion ($740 million), the Singapore-based company has moved to find a buyer for the building’s retail and office podium… Read More>>
17 Bidders Offer Up to $5.8B for Anbang US Hotels and More Asia Real Estate Headlines
A disgraced Chinese insurer leads the way in our roundup of Asia real estate news today as the company’s administrators field offers of up to $5.8 billion for its set of US luxury hotels.
While that mainland investor winds up… Read More>>
AEW Appoints Former SC Capital Exec Gillian Chee in Singapore
AEW Capital Management has appointed Gillian Chee as a senior executive in its Asia Pacific team, according to an announcement this week by the Boston-based investment company.
Pending regulatory approval, the former SC Capital Partners senior fund manager will have… Read More>>
AEW Buying Singapore’s Chevron House From Oxley for S$1B
Property developer Oxley Holdings has agreed to sell Chevron House, an office building at Raffles Place for up to S$1.025 billion ($758 million), according to a filing by the company with the Singapore Stock Exchange on Tuesday.
The buyer, according… Read More>>
AEW Buys Melbourne Office Tower for A$200M and More Asia Real Estate Headlines
Events in Australia, India and Japan command top coverage in Asia’s real estate industry today with US fund manager AEW adding a Melbourne office tower to its portfolio down under, while warehouse giant ESR takes on another Tokyo area project… Read More>>
AEW Said to Make S$1B Bid for Chevron House at Raffles Place
Oxley Holdings announced late Thursday that it has received an unsolicited expression of interest in the amount of S$1.025 billion ($758 million) for the Chevron House building at Raffles Place, exactly one year after the Singapore-listed developer completed its purchase… Read More>>
SC Capital Buys Singapore Shopping Mall From AEW for S$230M
SC Capital Partners has agreed to purchase a community shopping centre in northeastern Singapore from a fund managed by AEW for S$230 million ($169.53 million), according to sources familiar with the transaction who spoke with Mingtiandi.
Singapore-based SC Capital, which… Read More>>
AEW Opens Tokyo Office
AEW Capital Management has opened a new office in Tokyo, as it expands its Asia Pacific real estate investment business into Japan, according to a recent statement by the Boston-based fund manager.
The Tokyo outpost is led by Steve Bass,… Read More>>
CapitaLand and AEW Buy 70% of Shanghai Office Tower From HNA for RMB 2.75B
CapitaLand has formed a 50:50 joint venture with US real estate private equity firm AEW to acquire 70 percent of the Pufa Tower in Shanghai’s Lujiazui financial district from a vehicle controlled by HNA Group for RMB 2.75 billion ($402… Read More>>
AEW Sells Central Serviced Apartment Block for Reported HK$240M
US real estate private equity firm AEW has reportedly sold a 14-storey boutique serviced apartment building in Hong Kong’s Central district for HK$240 million ($30.66 million), that it had held for just three years, according to a person with knowledge… Read More>>