A Hong Kong commercial building seized from China’s Cheung Kei Group in March has been put up for sale by the company’s creditors, adding to the list of distressed trophy assets being marketed in the city.
Savills is the sole… Read More>>
Asia Pacific real estate investment news and information
A Hong Kong commercial building seized from China’s Cheung Kei Group in March has been put up for sale by the company’s creditors, adding to the list of distressed trophy assets being marketed in the city.
Savills is the sole… Read More>>
ESR and Australian logistics provider Toll Group have signed a deal to invest A$420 million ($284.6 million) to develop a new distribution centre at the industrial giant’s Westlink Industry Park in Sydney that will be Toll’s largest in the country… Read More>>
An investor from mainland China has acquired a boutique shopping centre in Melbourne from local property fund manager MPG Funds Management, as Chinese investors are helping to drive a rebound in Australian property deals.
MPG, through its MPG Retail Brands… Read More>>
Chicago-based property consultancy Cushman & Wakefield on Thursday named a new chief executive, with Michelle MacKay set to take on her new role from 1 July as 35-year company veteran John Forrester prepares to retire later this year.
“The Board… Read More>>
GLP Capital Partners is adding to its US portfolio with the record-breaking purchase of a five-building warehouse project in southern California for $324 million.
Property consultancy Colliers, had announced Kearny Real Estate’s sale of the recently completed 730,000 square foot… Read More>>
Keppel Corporation’s plan to transform itself into a global asset manager has been well received by investors and analysts, as the chief executive of the Temasek Holdings-backed group explains the shift announced on Wednesday as a continuation of changes begun… Read More>>
US developer Hines on Wednesday announced its acquisition of five multi-family properties in Japan on behalf of the firm’s flagship pan-Asian fund.
Spread across 9,300 square metres (100,104 square feet) and 290 units in Tokyo and Kyoto, the assets will… Read More>>
Singapore’s Keppel Corporation on Wednesday announced plans to transform from a conglomerate into a global fund manager, with a goal of increasing assets under management to S$200 billion ($150 billion) by 2030.
Keppel, whose largest shareholder is state investment firm… Read More>>
Faced with a 76 percent drop in pre-tax earnings last year, Patrizia founder Wolfgang Egger has brought in some outside expertise with the German fund manager announcing this week that it has hired former DWS CEO Asoka Wöhrmann as chief… Read More>>
Mofang, the Chinese rental apartment operator backed by private equity major Warburg Pincus, has refiled for a Hong Kong initial public offering after the company’s previous application filed last September lapsed late last month.
Shanghai-based Mofang, which is seeking a… Read More>>