A Kowloon hotel owned by investors led by Gaw Capital leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that it has started a two year renovation project which will kick off later this… Read More>>
Hong Kong Retail Sales Plunge Record 44% in February and More Asia Real Estate Headlines
Disappearing shoppers lead the way in Mingtiandi’s roundup of Asia real estate headlines today as one of the most famous shopping hubs in the world sees sales take a nosedive.
In other news around the region, a Seoul-based brokerage has… Read More>>
SC Capital Buys Aussie Office From BlackRock for A$127M
SC Capital Partners has purchased an office building in North Sydney from BlackRock for A$127 million ($83 million), as the Singapore-based private equity shop adds another Aussie asset to its portfolio.
Thai financier Suchad Chiaranussati’s firm said that it had… Read More>>
Asia Real Estate People in the News 2020-03-02
In this week’s edition of People in the News, SRE Group’s leadership challenges steal the limelight after the developer’s chairman and executive director were detained under embezzlement charges in Shanghai, forcing the company to appoint a stand-in to assume their… Read More>>
BlackRock-Linked Entity Sells UK Student Digs to Far East Orchard for £66.5M
A BlackRock-linked entity has agreed to sell a pair of student dorms in the UK to Singapore-listed property developer Far East Orchard for £66.5 million ($85 million).
The subsidiary of Far East Organization purchased the assets from a company that… Read More>>
HK Homeowners Cut Prices after National Day Violence and More Asia Real Estate Headlines
Panic selling leads Mingtiandi’s roundup of Asia real estate headlines today as desperate homeowners in Hong Kong are said to be slashing prices by up to 20 percent to attract buyers amid the Asian financial hub’s growing protests. While the… Read More>>
Canadian Ambassador’s Marriage to Blackrock APAC Boss Raises Conflict of Interest Concerns
Just months after Canada fired its ambassador to China for questioning his country’s approach to the US-Huawei dispute, the North American country’s chosen replacement is facing questions of potential conflicts of interest surrounding his wife’s role as head of Blackrock… Read More>>
BlackRock Nears $500M First Close on Latest APAC Real Estate Fund
BlackRock Real Estate is raising capital for the fifth in its series of APAC-focused value-add property investment vehicles, with reports indicating that the size of the fund will eclipse its $500 million predecessor.
Having already secured commitments of between $300… Read More>>
Greg Lapham Resigns as BlackRock Head of APAC Real Estate Investment
Asset management giant BlackRock has confirmed that the firm’s head of investments for Asia Pacific real estate, Greg Lapham, is stepping down from his role.
John Saunders, Head of BlackRock Asia Pacific Real Estate, said that Lapham had decided to… Read More>>
BlackRock Names Tony Tang Head of China
Asset management giant BlackRock on Wednesday named veteran finance executive Tony Tang as its new head of China, as the US-based firm continues to ramp up its presence in the world’s second-largest economy.
The 46-year-old, who since May last year… Read More>>
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