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rob speyer (Image: Tishman Speyer)

Tishman Speyer, Raffles Family Office Launch APAC Real Estate Fund

2023/05/10 by Beatrice Laforga Leave a Comment

Tishman Speyer has teamed up with Hong Kong-based Raffles Family Office to launch an opportunistic Asia Pacific fund for ultra high net worth individuals (UHNWIs) focusing on investments in “new economy” real estate.

Dubbed the Tishman Speyer/Raffles Family Office APAC… Read More>>

Jai Mirpuri, Head, Singapore Development & Thailand, ESR Group

ESR Enters Thailand With $235M Investment in Two Industrial Park Projects

2023/05/10 by Christopher Caillavet Leave a Comment

ESR on Wednesday announced its expansion into Thailand with the development of two industrial and logistics parks representing a capital investment of THB 8 billion ($235 million).

The Hong Kong-listed group’s first project, expected to be completed by the end… Read More>>

victor li ck asset

CK Asset Offers to Buy UK’s Civitas Social Housing for $612M in Cash

2023/05/10 by Christopher Caillavet Leave a Comment

Li Ka-shing’s CK Asset Holdings has made an all-cash offer to acquire British care home provider Civitas Social Housing for £485 million ($612 million) as the Hong Kong developer expands its UK holdings.

The group controlled by Hong Kong’s richest… Read More>>

Chen Hongtian of Cheung Kei

Cheung Kei Tycoon’s Seized Mid-Levels Apartment Up for Tender Sale

2023/05/09 by Christopher Caillavet Leave a Comment

A luxury apartment in Hong Kong’s Mid-Levels area is up for sale after it was seized from Shenzhen tycoon Chen Hongtian in March.

The fifth-floor luxury unit at Opus Hong Kong on Stubbs Road is being sold by receivers via… Read More>>

Han Khim Siew, OUE

Resilient Singapore Office Sector Lifts OUE C-REIT’s Net Property Income by 18% in Q1

2023/05/09 by Beatrice Laforga Leave a Comment

OUE Commercial REIT saw its net property income surge by 18 percent year on year to reach S$56.6 million ($42.62 million) in the first quarter on the back of resilient Singapore office rents and the relaunch of its flagship hotel… Read More>>

Creditors Marketing Mainland Developer’s $890M Hong Kong HQ After Default

2023/05/09 by Christopher Caillavet Leave a Comment

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>>

Phil Pearce of ESR

ESR and Toll Group to Invest $285M in Sydney Distribution Centre

2023/05/08 by Christopher Caillavet Leave a Comment

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>>

Mainland Buyer Picks Up Melbourne Mall as Chinese Investors Return to Oz

2023/05/05 by Beatrice Laforga Leave a Comment

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>>

Michelle-Mackay Cushman

C&W Makes Michelle MacKay Only Female CEO of Global Property Agency

2023/05/05 by Michael Cole Leave a Comment

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>>

Corona Logistics Center

GLP Capital Partners Buys California Warehouse Complex for $324M

2023/05/04 by Michael Cole Leave a Comment

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>>

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