Real estate fund manager ARA Asset Management has tapped former diplomat and investment veteran Grant Dooley to lead its newly formed infrastructure platform as chief executive officer. Based in Singapore, Dooley is tasked with overseeing the ARA Infrastructure division and… Read More>>
Asia Real Estate People in the News 2018-03-26
Leading this week’s roundup of people moves, a top hospitality exec has joined Hyatt Hotels to lead the brand’s growth in Greater China. An asset management pro is taking the helm at a newly formed Singaporean investment firm, and CBRE… Read More>>
ARA Pays $317M to Add Australia’s Cromwell Property to Global Footprint
Singapore-based real estate fund manager ARA Asset Management is continuing a global growth strategy by acquiring a 19.5 percent stake in an Aussie real estate investment manager, just a week after announcing a new platform for investments in Europe.
The… Read More>>
ARA Taps Standard Chartered Alum To Head New European Platform
Singapore-based real estate fund manager ARA Asset Management is making its first foray out of Asia Pacific by setting up a new European platform under the leadership of veteran real estate financier Mark Ebbinghaus.
Based in London, Ebbinghaus is responsible… Read More>>
Singapore’s Suntec City Hopes to Hook Up With 3 Mil Mainland Visitors Via Jack Ma’s Alipay
Nearly three million mainland visitors showed up in Singapore during the first 11 months of last year, and one of the city’s biggest shopping centres is angling to capture more of that PRC cash through a tie-up with Jack Ma’s… Read More>>
ARA Hires Chia Nam Toon as Assistant CEO
ARA Asset Management has appointed Chia Nam Toon as its new assistant chief executive officer effective from the beginning of this month, according to an announcement from the property investment firm. Chia is responsible for overseeing the operation of the… Read More>>
ARA Boss John Lim Elected Chairman of APREA
John Lim, group CEO of ARA Asset Management, has been elected chairman of the Asia Pacific Real Estate Association (APREA), an industry non-profit that promotes cross-border investment in the region’s real estate.
The well-known investor succeeds former GIC real estate… Read More>>
Suntec REIT Buys 50% of Melbourne Office Project for $328M
Singapore-listed Suntec REIT is buying a 50 percent stake in a downtown Melbourne office project from Australian property group Mirvac for A$417 million ($328 million), according to an announcement by the REIT’s manager, ARA Trust Management (Suntec) last week.
Once completed,… Read More>>
ARA, Straits Real Estate Buying Sydney Office Tower for $207M
Straits Real Estate is teaming up with funds managed by ARA Asset Management to buy an office tower in downtown Sydney from a fund run by local investment firm Propertylink for A$275 million ($207.3 million), according to announcements this week… Read More>>
ARA Hires JP Morgan, Morgan Stanley Veteran to Lead New Fund Launches
Singapore-based real estate investment specialists ARA Asset Management has brought on board former JP Morgan and Morgan Stanley executive Stephen Tang to fill a key role with its private funds division, Mingtiandi has learned.
Stephen Tang, who most recently served… Read More>>
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