Asia Pacific real estate investment news and information
US private equity firm Ares Management has made its first direct investment in Hong Kong real estate, picking up a 51 percent stake in a Kowloon office project from New World Development for approximately HK$3.07 billion ($392 million).
New World… Read More>>
After more than eight years leading real estate investments for KKR in Asia, Bryan Southergill has taken on a new role establishing a property team for Ares Management in the region.
The veteran fund manager started his new role on… Read More>>
In today’s roundup of regional news headlines, Swire Pacific takes a second step into the mainland hospitals sector with a Shenzhen investment, shares of Australian casino giant Crown Resorts close higher than the implied price of Blackstone’s takeover bid, and… Read More>>
NYSE-listed alternative investment manager Ares Management Corporation is expanding its reach in Asia through the acquisition of a controlling interest in Hong Kong-based SSG Capital Management, according to a company announcement.
The US alternative asset manager has agreed to buy… Read More>>
China again declared its love for overseas real estate yesterday with developer Greenland Group agreeing to acquire a historic London site for a £600 million (US$984 million) development project. And in the same day, the developer announced that it would spend an additional £600 million to purchase a site along the city’s famed Canary Wharf.
