Asset managers, co-workers and smart phone makers all find their way into Asia’s top real estate stories today with news of New York-based BlackRock delegating more authority to its local team in Asia landing at the top of Mingtiandi’s list… Read More>>
BlackRock Names Geraldine Buckingham as New APAC Head
BlackRock announced on Monday that it had appointed Geraldine Buckingham as chair and head of BlackRock Asia Pacific, effective in February 2019.
The appointment will see Buckingham, who currently serves as the asset management giant’s global head of corporate strategy,… Read More>>
Connie Peng Named Head of China for BlackRock Real Estate – Exclusive
As asset management giant BlackRock ramps up its activities in China, the US-based firm has appointed real estate investment veteran Connie Peng as Head of BlackRock Real Estate for the country, according to sources familiar with the company’s management who… Read More>>
BlackRock Buys Pair of Shanghai Office Buildings From PGIM for RMB 1.2B
PGIM Real Estate, a property investment affiliate of Prudential Financial, has sold two buildings at Waterfront Place, an office property in Shanghai’s Putuo District to Blackrock according to JLL which advised PGIM on the disposal.
The US alternative investment giant… Read More>>
URWork Rebrands as Ucommune After WeWork Spat and More Asia Real Estate Headlines
At the top of the news today, China’s biggest co-working operator decided to start the new year out with a new name after tangling with its North American rival over pronouns and trademarks. South Korea investors also show up with… Read More>>
Asia Real Estate People in the News 2017-12-26
Santa has finished making his Christmas rounds, but apparently not before bringing some new roles to the good boys and girls of Asia’s real estate industry. Over the holiday season asset management major BlackRock introduced its new head of Southeast… Read More>>
Country Garden Scraps Plan for Shanghai IPO and More Asia Real Estate Headlines
China’s wave of homecoming listings appears to have officially ended as development colossus Country Garden shelves plan for a Shanghai IPO. Also in the news today, mainland investors are helping Xi Jinping line the belt and road with warehouses, and… Read More>>
Gaw Raising Half of $360M US Fund From Korea and More Asia Real Estate Headlines
Funds, fund-raising and a unique Singapore retail property lead today’s real estate headlines as we finish off our first week’s worth of November. Maybe BlackRock should have followed the lead of Hong Kong’s Gaw Capital after the US asset management… Read More>>
BlackRock Sets 2017 Record With $1.5B Sale of SG’s Asia Square 2 to CCT
CapitaLand Commercial Trust (CCT) is acquiring Asia Square Tower 2 from a BlackRock-managed real estate fund for approximately S$2.1 billion ($1.5 billion), marking the largest office transaction in Asia Pacific this year and the second-largest globally.
The deal for the… Read More>>
HNA Moves Forward on SG Logistics Acquisition and More Asia Real Estate Headlines
Leading off today’s news China’s HNA Group shows some signs of post-crackdown life as it moves another step forward on its acquisition of a Singapore logistics provider. Meanwhile in Hong Kong, top developer Wheelock tries out some new high prices… Read More>>
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