Real estate fund manager Angelo, Gordon & Co and the family behind the Chellaram trading and transport firm have recently paid HK$2.5 billion ($320 million) for nine floors in an office building in the Kwun Tong area of Hong Kong’s… Read More>>
Anbang Unit Buys Seoul Tower From Angelo, Gordon for $225M
An investment fund backed by Anbang Insurance’s Korean subsidiary has purchased the Metro Tower in Seoul from real estate fund manager Angelo, Gordon and Company and local partner Vestas Investment Management, according to accounts in the Korean media.
The fund… Read More>>
Croesus Retail Trust Investors Approve Blackstone Offer and More Asia Real Estate Headlines
Leading the news today, Blackstone has moved another step closer to winning its quest for a Singapore-listed trust holding Japanese retail assets, while Angelo Gordon has made what could be Singapore’s biggest bulk buy of condos since the city slapped… Read More>>
Wanda Hotel Unit Announces $1B Group Restructuring and More Asia Real Estate Headlines
In today’s headlines, troubles continue for Wang Jianlin as Dalian Wanda is reshuffling over $1 billion in assets, while a troubled Singaporean industrial trust may be in luck, as the manager of e-Shang Redwood (ESR) is in talks for a… Read More>>
Angelo, Gordon Hits $850M for Final Closing of Asia Real Estate Fund
New York-based alternative investment firm Angelo, Gordon & Co says it has reached a final closing for its third Asian real estate fund with total capital commitments of approximately $850 million, exceeding the fund’s $750 million target.
AG Asia Realty… Read More>>