For the second year in a row, Japan’s Waseda University was crowned champion of the ULI Hines Student Competition with a development proposal for a Tokyo site once home to one of the biggest fish markets in the world.
At… Read More>>
ARA Korea Buying Conrad Seoul Hotel from Brookfield for $289M
The Korean unit of Singapore-based real estate fund manager ARA Asset Management has agreed to acquire the Conrad hotel in Seoul from Canadian giant Brookfield Asset Management, after a travel rebound saw the number of international tourists in the first… Read More>>
Logos, Bridge Data Centres Team With Local Partners UEM, Mah Sing on Malaysia Projects
Industrial specialist Logos and Chindata’s Bridge Data Centres have become the latest to launch Malaysia server-hosting projects, as Asia Pacific’s hottest digital infrastructure market continues to attract new development.
Sydney-based Logos has teamed with Malaysian developer UEM Sunrise to build… Read More>>
CapitaLand Ascott Trust Buys Out South Carolina Student Housing Project
Singapore-listed CapitaLand Ascott Trust has taken full ownership of Standard at Columbia after acquiring the remaining 10 percent stake in the US student accommodation asset.
In 2021, CLAS (then known as Ascott Residence Trust) teamed with sponsor The Ascott Ltd… Read More>>
Pacifica to Develop, Operate Courtyard by Marriott Hotel in Hiroshima
Tokyo-based Pacifica Capital and Pacifica Hotels are partnering with Marriott International on a new 183-key hotel in central Hiroshima, as Japan’s hospitality sector continues to generate deals amid a tourism boom.
Scheduled to open in early 2027, the project will… Read More>>
ESR Leads APAC Real Estate Fund Managers by AUM: ANREV
Global real estate assets managed by a sample of fund managers reached $4.1 trillion at the end of 2023, representing a 2.5 percent decline from the prior year and marking the second consecutive year of contraction from the historic peak… Read More>>
Blackstone Marketing Singapore Worker Housing Portfolio
Blackstone is marketing a portfolio of foreign worker dormitories in Singapore after holding the properties for more than a decade, Mingtiandi has learned.
The private equity giant has appointed Barclays to market the Avery Lodge portfolio, a set of four… Read More>>
PAG Buying Mapletree Anson From MPACT for $574M in Singapore’s Biggest Deal of 2024
Mapletree Pan Asia Commercial Trust (MPACT) is selling its flagship office building in downtown Singapore to regional private equity titan PAG for S$775 million ($574 million), in a deal which will rank as the city-state’s largest office transaction in two… Read More>>
Chinachem CEO Donald Choi to Retire, Former Link REIT COO Cheung to Take Top Role
Hong Kong’s Chinachem Group has announced that Donald Choi will retire and step down from his role as chief executive officer of the privately held developer, with former Link REIT chief operating officer Andy Cheung set to succeed him on… Read More>>
Gordon Tang Family Set to Take Over as ARA US Hospitality REIT Sponsor From ESR
Mysterious mainland investor Gordon Tang and his wife Celine are set to expand their empire of Singapore real estate companies with the Tang family set to take control of the manager of ARA US Hospitality Trust at the same time… Read More>>
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