Ding Benxi, a retired former president of Dalian Wanda and current non-executive director of the Chinese developer’s hotel arm, has become the third Wanda personality to go missing this year as the group scrambles to meet debt obligations and launch… Read More>>
Digital Edge Boosts Majority Stake in Indonesia’s Indonet With Buyout of Founders
Digital Edge has acquired the remaining shares held by the original founders of Indonesia’s PT Indointernet, upping the majority stake already held by the Singapore-based startup in the data centre operator known as Indonet.
The buyout of shares held by… Read More>>
Patrick Boocock Leaves CapitaLand Private Funds Team After Two Years
CapitaLand Investment announced late Friday that Patrick Boocock, the company’s chief executive officer for private equity alternative investments, left the company as of that day for personal reasons.
Now 50, Boocock, who spent nearly nine years with Brookfield Asset Management… Read More>>
KKR Japanese REIT Announces Eighth Apartment Acquisition of 2023
KKR’s TSE-listed REIT is almost doubling its Japanese apartments portfolio as its manager announced on Thursday the acquisition of an apartment building in Nagoya and a stake in a portfolio of multi-family assets.
“JMF determined this time to acquire one… Read More>>
Gaw, Goldman Sachs, PAG Shopping Commercial Building on Shanghai’s Nanjing Road
An investor group including Hong Kong-based private equity firms Gaw Capital and PAG and the merchant banking arm of Goldman Sachs is marketing a grade-A commercial building on Shanghai’s famed West Nanjing Road in the midst of China’s property market… Read More>>
Sino Land JV Bags Kowloon Residential Site With $250M Bid
Hong Kong’s Sino Land continues to snap up Kowloon residential sites at bargain prices, with the local builder and partners China Merchants Land and Great Eagle Holdings winning a tender this week for a project in the Kai Tak area… Read More>>
Singapore Home Sales Nearly Triple in November as Buyers Snap Up Surge in Supply
Singapore private home sales nearly tripled to 784 units in November as a trio of condo launches helped snap three straight months of declining housing deals.
Developers’ home sales, excluding subsidised executive condos, jumped 286 percent last month from the… Read More>>
Japan’s Kajima Backs $168M Elanor Shed Venture in Australia
Elanor Investors Group has set up a joint venture with Japan’s Kajima Corporation to develop an Australian logistics portfolio with a target value of A$250 million ($167.8 million).
The tie-up with Kajima’s Icon Developments unit is set to kick-start the… Read More>>
BlackRock Promotes Hamish MacDonald to Head of APAC Real Estate as Saunders Exits
BlackRock has promoted Hamish MacDonald to head of Asia Pacific real estate equity, succeeding 16-year veteran John Saunders, who is leaving the world’s largest asset manager.
While retaining his role as chief investment officer of APAC real estate equity, MacDonald will… Read More>>
Ex-Campfire Boss, Mom Jailed for Scamming Partner in Hong Kong Mall Deal
A co-founder of defunct Hong Kong co-working operator Campfire and his mother have each been sentenced to 30 months in prison for duping a business partner into paying a bogus commission fee on the acquisition of a Tsuen Wan community… Read More>>
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