Sunac China Holdings showed its grasp of the politics of Chinese debt over the weekend, with the top-five mainland developer reportedly making payment on a local bond less than a week after defaulting on offshore notes. Also in the news,… Read More>>
R&F London Project Stalls as Workers Unpaid and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, workers desert a Guangzhou R&F project in London as contractor bills go unpaid, private equity firm Apollo acquires a stake in a Dalian Wanda-owned film production company, and the power struggle between Nam… Read More>>
Asia Real Estate People in the News 2021-10-04
Top level moves at some of the world’s largest money managers lead Mingtiandi’s collection of personnel changes this week with major appointments and renewals happening at UBS, Apollo Global Management and Korea Teacher Pension. Asia’s developer community are also on… Read More>>
Asia Real Estate People in the News 2021-09-20
Hong Kong’s Hysan Development has decided to invite its long-time COO to join the company’s board, and that move at one of the city’s largest commercial developers leads our roundup of personnel moves from around Asia this week.
Also in… Read More>>
GIC Acquiring $1.1B European Logistics Portfolio From Apollo Global Management
Singapore’s sovereign wealth fund GIC is ramping up its European logistics platform by agreeing to acquire a collection of 28 distribution facilities from Apollo Global Management for about €950 million ($1.1 billion). GIC said that it will integrate the Maximus… Read More>>
HK Airlines President Quits as HNA Saga Continues and More Asia Real Estate Headlines
HNA’s ongoing Hongkong Airlines saga leads the Mingtiandi roundup of Asia news again today as the financially challenged mainland investment conglomerate plays out its own version of Game of Thrones in the boardroom.
In other news around the region, Guangzhou-based… Read More>>
JP Morgan Said Selling India Fund Business to Apollo and More Asia Real Estate Headlines
India may be the hottest market for some international real estate investors this year, but that doesn’t mean that everyone who enters the market will win, as US financial giant JP Morgan decides to give up and go home after… Read More>>
CapitaLand Hires Apollo’s Caleb Shen to Boost Fund Management Business: Exclusive
The fund management division of Southeast Asia’s largest real estate firm continues to build up its team, with CapitaLand Investment Management (CLIM) having added a former Apollo Global Management partner to its leadership this week, according to an internal memo… Read More>>
Goldman and Apollo Set to Reap $320M Payday From Stake in Bangkok’s Tallest Building
The developer of Thailand’s tallest skyscraper is buying back its stake in Bangkok’s MahaNakhon tower from Goldman Sachs and Apollo Global Management for up to 10 billion baht ($320 million).
Local builder Pace Development, which sold the stake in the… Read More>>
Goldman and Apollo Team Up for $235M Investment in Thailand’s Tallest Tower
While Vietnam and the Philippines may be the southeast Asian markets getting the most attention from real estate investors this year, Goldman Sachs and Apollo Global Management have headed to Bangkok for a $235 million investment in a project that… Read More>>