European insurance giant Allianz did not have to look too far for the new head of its real estate unit for Asia Pacific, with company representatives informing Mingtiandi on Wednesday that it has hired NPS veteran Scott Kim to replace… Read More>>
Allianz Real Estate has agreed to purchase a portfolio of residential assets in Tokyo for $90 million, marking the first acquisition on behalf of its recently upsized Japan multifamily fund.
The portfolio consists of 12 newly built assets comprising more… Read More>>
Japan’s rental residential market is the largest in Asia and, with global investors having notched four major transactions of multi-family assets so far in 2022, looks to be on its way to another busy year.
To dive deeper into the… Read More>>
In today’s roundup of regional news headlines, Chinese developer Shimao Group stares at $2.5 billion in bond payments coming due in 2022, Hong Kong property agency Full Mark temporarily shuts down as COVID-19 rages, and London-based Pi Labs cinches $90… Read More>>
After building Allianz Real Estate into one of Asia Pacific’s most active investors, Rushabh Desai is leaving the property investment division of the European insurance heavyweight to pursue other interests, according to the Munich-based firm.
“After more than five years,… Read More>>
Allianz Real Estate has agreed to acquire a 50 percent stake in Sydney’s Commonwealth Bank Place office complex for $445 million, as Australia’s commercial property market gets off to a hot start this year after a record-breaking 2021.
The real… Read More>>
In today’s roundup of regional news headlines, a Singapore billionaire scores a victory in a running legal spat over a Canadian development site, while back in the city-state a condo block changes hands in the first collective sale since the… Read More>>
The ongoing debt challenges of China’s real estate developers lead the region’s real estate headlines again today as analysts at Nomura say the industry faces nearly $20 billion in obligations maturing over the next three months.
Also in the news,… Read More>>
Following through on an initiative first revealed on MTD TV in May of this year, Allianz Real Estate today announced a $2 billion strategy for investing in Japanese rental apartments, together with Canadian pension fund manager Ivanhoe Cambridge.
The European… Read More>>
The rise of Asia Pacific’s tech economy and the resulting tussle among firms to secure top talent have… Read More>>