A successful market debut for a Singapore property trust leads today’s look at real estate news from around the region, as Centurion Accommodation REIT is welcomed to the SGX. Also making the list today are the sale of a Japanese… Read More>>
Ares Buying Wing Tai London Project for $58M and More Asia Real Estate Headlines
US fund manager Ares picks up a London office project from Hong Kong-listed developer Wing Tai Properties, with that deal leading today’s headline roundup. In other news, Bain and GIC back Indian builder Kalpataru’s IPO and SGX-listed Acrophyte Hospitality Trust… Read More>>
IGIS Clinches Deal to Buy Seoul Tower for $650M and More Asia Real Estate Headlines
Seoul’s robust office market is back in the news today with a Gangnam tower set to change hands for around $650 million. Australia’s Scape also makes the list as it nears a deal to buy Brookfield’s Aussie senior living platform… Read More>>
Ares Hits $2.4B Final Close of Japan Data Centre Fund Backed by CPPIB, GLP
Ares Management has reached the final closing of a Japan data centre fund with total equity commitments of $2.4 billion, including $1.3 billion contributed by the Canada Pension Plan Investment Board.
Japan DC Partners I marks the US fund manager’s… Read More>>
Chair of Singapore’s CDL Drops Suit Against CEO Son and More Asia Real Estate Headlines
CDL supremo Kwek Leng Beng and son Sherman bury the hatchet after their boardroom tussle, with that story leading today’s headline roundup. Also making the list, Blackstone adds to its Aussie shed holdings and Ares Management reportedly eyes a purchase… Read More>>
GLP Completes Sale of Non-China Fund Business to Ares Management for $3.7B
Industrial giant GLP announced Monday that it has completed the sale of the firm’s ex-China fund management business to Ares Management for $3.7 billion.
The transaction for GCP International, first announced last October, comprises an upfront purchase price of $3.7… Read More>>
Ares, Abrdn, CBRE IM, JLL, KKR to Join Mingtiandi Tokyo Forum
With just two weeks to go before the big event, senior executives from some of the largest real estate investment managers have joined the roster of speakers set to take the stage at the Mingtiandi Tokyo Forum on 12 November.
Ares Management Buying GLP’s Non-China Fund Business for $3.7B
Ares Management has agreed to buy industrial specialist GLP’s fund management business outside of China for $3.7 billion, the parties announced Tuesday.
The consideration for GLP Capital Partners’ business in Japan, Vietnam, Europe, the US and Brazil comprises $1.8 billion… Read More>>
Speaker Bio: Bryan Southergill of Ares Management MTD TV Productions
Bryan Southergill is a Partner and Head of Asia Real Estate at Ares Management, based in Hong Kong.
Prior to joining Ares in 2022, Mr. Southergill was a Managing Director on the Real Estate team at KKR, based in Hong… Read More>>
Samsung Eyes $724M Buyback of Seoul Office Tower and More Asia Real Estate Headlines
South Korean multinational Samsung leads Mingtiandi’s headline roundup today, as the company looks to buy back a Seoul office building it once owned. Also making the list, Hong Kong’s SHKP wins a government land tender in the New Territories and… Read More>>