In today’s roundup of regional news headlines, high-profile bank Goldman Sachs issues a bleak outlook for Hong Kong’s housing market, China’s E-House brokerage files for bankruptcy protection in the US, and HKEX-listed SF REIT scales back its growth ambitions.
CapitaLand Investment Buys Melbourne Office Tower From CBRE IM for Reported $233M
CapitaLand Investment has acquired a 22-storey office tower in Melbourne’s central business district for the company’s flagship regional core-plus fund.
The purchase of 120 Spencer Street marks the fifth acquisition in Australia in six months for the SGX-listed asset management… Read More>>
Asia Real Estate People in the News 2022-02-28
With Hong Kong still struggling with its largest COVID-19 outbreak to date, Singapore dominates our list of personnel moves from around the region, with top level moves at a listed developer and a REIT, as well as a set of… Read More>>
CBRE IM Closes Sixth APAC Value-Add Fund with $1.74B in Commitments
Just one year and seven months after closing on $900 million for its fifth Asia Pacific value-add fund, the company formerly known as CBRE Global Investors has nearly doubled that financing achievement as it wraps up the sixth edition of… Read More>>
Oxley Offloads Sydney Site for $71M and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singaporean developer Oxley parts ways with some of its Australian land holdings, property services giant CBRE rebrands its investment management arm, and HSBC’s group CEO predicts capital market fallout from China Evergrande’s debt… Read More>>
Korean Pension Fund Adds $235M to CBRE GI-IGIS European Mandate
South Korea’s Public Officials Benefit Association has confirmed its commitment of an additional €200 million ($235.6 million) to a European investment vehicle managed by CBRE Global Investors and IGIS Asset Management, in a move that adds a third tranche of… Read More>>
CBRE GI Adds $265M Japan Logistics Vehicle to Top Up APAC Value-Add Fund
CBRE Global Investors has announced the closing of a co-investment vehicle as part of the Asia Value Partners V fund, taking aim at logistics development projects in Japan.
The fund management unit of CBRE Group raised $265 million in equity… Read More>>
CBRE Global Investors Completes JPY 140B Sale of Japan Logistics Portfolio
CBRE Global Investors last week announced that it has completed a JPY 140.4 billion ($1.31 billion) sale of all assets from a Japanese logistics portfolio, ending a 3-month-long series of disposals of 169 industrial properties.
Through the piecemeal sale on… Read More>>
Logos, CBRE Global Investors Reach RMB 5.5B Final Close on China Logistics Fund
Logos Group and CBRE Global Investors have reached a final close of RMB 5.5 billion ($786 million) on a China-focused logistics fund, according to a joint announcement.
The CBRE Logos China Logistics Club Fund will be operated as a partnership,… Read More>>
CBRE GI, Malaysia’s EPF Buy London Office Block for Reported £330M
Morgan Stanley Real Estate Investing, together with UK real estate investment house Greycoat, has sold an office building in the City of London to a separate account managed by CBRE Global Investors, according to an announcement this week by the… Read More>>