China’s rental residential real estate sector has entered a new era of opportunity, according to one of the industry’s most active investors, after the COVID-19 pandemic helped to take some of the froth off of one of the country’s… Read More>>
JLL Eyes $500M From China Property Mgmt Sale and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, JLL China’s property management business reportedly attracts several local suitors, ESR-REIT looks to raise cash to fund acquisitions in Singapore and Australia, and the owner of The Straits Times prepares to spin off… Read More>>
Hines Launches Asia Core-Plus Fund With $400M Pledge From Cadillac Fairview
US developer Hines has created a flagship fund for the Asia Pacific region, boosted by a $400 million capital commitment from Canadian pension manager Cadillac Fairview.
The fund, called Hines Asia Property Partners, will be a multi-sector, open-ended, diversified vehicle… Read More>>
Ascendas REIT Buying 75% of Singapore Tech Park Building From CapitaLand for $400M
Showing continued faith in demand for Singapore office space among corporate giants, Ascendas REIT has agreed to buy the 75 percent stake in a top-end business park property held by its sponsor, and partner in the project, CapitaLand.
The SGX-listed… Read More>>
Fourth CDL Director Quits After Singapore Developer Declares $1.4B Loss
A fourth director has resigned from the board of City Developments Ltd (CDL) after the troubled Singapore development titan reported a loss attributable to shareholders of S$1.9 billion ($1.4 billion) in 2020.
Jenny Lim Yin Nee ended her role as… Read More>>
CapitaLand Transformation Continues With Departure of China Boss Lucas Loh
CapitaLand announced a privatisation plan this March that promises to remake Southeast Asia’s largest developer, but one of the company’s top executives will not be helping to lead that transition, according to an announcement coinciding with the firm’s annual general… Read More>>
Colliers Adds Research Veteran Nicholas Wilson to Asia Team
Property services firm Colliers International reinforced the leadership of its regional analyst team this past week, hiring Nicholas Wilson as director and head of investor and developer research for Asia.
Based in Singapore, Wilson will oversee research for Colliers’ property… Read More>>
Warburg Pincus to Reveal What’s Next for China Multi-Family in MTD TV Interview
MTD TV’s Asia Multi-Family Investment Forum will feature one of the most experienced executives in China’s rental residential sector on Thursday 6 May for a spotlight interview session with Mingtiandi founder Michael Cole.
Qiqi Zhang, a managing director with US… Read More>>
PGIM, Manulife Pay $663M for Blackstone’s 90% Stake in Aussie Logistics Portfolio
Riding high on a wave of Asia Pacific acquisitions, PGIM Real Estate splashed out again this week to take a large chunk of an Australian logistics portfolio from fellow US-based fund manager Blackstone.
Market sources confirmed to Mingtiandi on Thursday… Read More>>
ARA Buys Out Manager of China’s Dasin Retail Trust and More Asia Real Estate Headlines
In our latest roundup of regional news headlines, Singapore’s ARA Asset Management buys out the manager of China’s Dasin Retail Trust, JD.com reportedly gets the go-ahead for its logistics unit’s IPO, and private equity titan Blackstone looks to offload some… Read More>>
