One of Singapore’s busiest listed trusts leads today’s look at real estate news from around the region, with CapitaLand Ascendas REIT completing a UK logistics acquisition. Also in the news, a tender for a Singapore rental residential project receives 13… Read More>>
1MDB Fugitive Jho Low Tracked Down in Shanghai and More Asia Real Estate Headlines
Malaysian fraud suspect Jho Low leads today’s collection of real estate headlines from around Asia with an investigative report placing the 1MDB fugitive in Shanghai. Also in the news, an Indonesian heiress buys a pricey bungalow in Singapore an a… Read More>>
Blackstone JV Said Planning 500MW India Data Centre and More Asia Real Estate Headlines
Private equity titan Blackstone is reportedly involved in what’s being billed as India’s largest data centre project, with that story leading today’s headline roundup. Also in the news, Hong Kong’s Kitec convention centre adjusts its redevelopment plans and investment giant… Read More>>
Apollo Opens Seoul Office, Names Jay Hyun Lee Head of Korea
Apollo Global Management is signaling its growth ambitions in South Korea with the opening of a Seoul office and the hiring of Jay Hyun Lee to oversee its operations in the country.
Lee is joining the New York-based alternative investment… Read More>>
Brookfield Boosts Aussie Shed Holdings to $830M and More Asia Real Estate Headlines
A Sydney project enlarges Brookfield’s Down Under logistics portfolio, with that story leading today’s headline roundup. Also in the news, Blackstone looks to refinance some of its AirTrunk-related debt and a convicted oil trader’s wife markets a Singapore mansion.
Apollo’s Atlas SP Launches $5B Credit Strategy With BNP Paribas
Atlas SP Partners, a warehouse finance and structured credit business backed by Apollo Global Management, has joined forces with BNP Paribas on a new credit strategy to which the French banking giant will commit $5 billion in funding.
The financing… Read More>>
Asia Real Estate People in the News 2024-04-29
India leads this week’s collection of personnel moves from around the region, as Apollo Global Management is said to be witnessing some turnover. Also making the list are new directors at Guangzhou R&F Properties and Hong Kong’s Swire Properties.
Apollo Global Management Confirms Exit From Asia Real Estate Equity Strategy
Apollo Global Management, which deployed $15.7 billion into real assets globally in 2022, has walked away from its equity strategy for Asian real estate after property investment deals in the region fell by more than a third during the first… Read More>>
SGX-Listed REIT Selling Underperforming Spanish Asset and More Asia Real Estate Headlines
The dismal outlook for an office property in sunny Barcelona leads today’s roundup of headlines from around Asia Pacific, with Singapore’s IREIT Global selling an office asset in the Spanish city. Also in the news, a 1970s Singapore housing project… Read More>>
Moody’s Goes Negative on China Credit Outlook and More Asia Real Estate Headlines
China’s decaying finances lead today’s review of real estate headlines from around Asia Pacific, with news that Moody’s is revising its outlook for the country’s credit. Singapore’s GIC also makes the list with a deal said to be in the… Read More>>