Another mainland developer is selling off properties Down Under in a fight to stay solvent, with that story leading Mingtiandi’s headline roundup today. Also in the news, Shenzhen-based Logan Group wins more time to restructure its debts and Blackstone may… Read More>>
London’s collapsing office market may have cost Blackstone an opportunity to sell a Canary Wharf tower to an Asian investor, with that story leading Mingtiandi’s headline roundup today. Also making the list, units in a Singapore listed REIT of US… Read More>>
The ongoing slide in Hong Kong’s housing market leads Mingtiandi’s roundup of headlines from around the region, with official figures for 2023 showing a 6.8 percent decline in prices. Also in the news, Blackstone has hired a Washington, DC veteran… Read More>>
Blackstone’s real estate business posted a 50 percent revenue plunge in 2023 and stood out as the firm’s worst-performing segment, as high interest rates dented returns at the world’s largest alternative investment manager.
The Manhattan-based private equity titan recorded $3.4… Read More>>
Amazon Web Services leads Mingtiandi’s headline roundup today with a plan to invest $15 billion in expanding its cloud computing infrastructure in Japan by 2027. Also in the news, Ascott and CapitaLand Investment see strong potential in Japan and the… Read More>>
Blackstone plans to double its private equity team in Singapore over the next two years, with that story leading Mingtiandi’s headline roundup today. Also making the list, Ping An Bank puts 41 firms on a list of developers eligible for… Read More>>
A senior-level promotion at the world’s largest private equity firm leads this week’s review of personnel moves from around Asia, with Blackstone promoting a top member of its Singapore-based team. Also making the cut is Partners Group losing its head… Read More>>
Blackstone is promoting its current global co-head of real estate, Ken Caplan, to be one of the company’s two global co-chief investment officers , as the world’s largest alternative asset manager continues to expand its leadership structure.
With the New… Read More>>
Blackstone has sold its interest in an upscale apartment complex in Singapore’s Sentosa Cove to BlackRock in a deal described by market analysts as a stressed sale of the financial rights.
Having invested S$367 million ($276 million) in a profit… Read More>>
Blackstone has sold a commercial building along Shanghai’s Central Huaihai Road shopping strip as the US private equity giant offloads investments in the face of what some experts believe could be a prolonged slump in China’s property market.
Huaihai 627,… Read More>>