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Darren Webb Evolution Data Centres

Warburg-Backed Evolution to Develop $300M Philippine Data Centre With Megawide

2023/03/02 by Christopher Caillavet Leave a Comment

Evolution Data Centres is teaming with a local partner to build and operate a 69-megawatt data centre in the Philippines at a total project cost of $300 million, as the Warburg Pincus-backed firm targets digital infrastructure investments in Southeast Asia’s… Read More>>

Raymond Kwok of Sun Hung Kai Properties (Getty Images)

Hong Kong’s SHKP Wins Mong Kok Commercial Site for $602M

2023/03/02 by Greg Isaacson Leave a Comment

Hong Kong’s Lands Department has awarded Sun Hung Kai Properties (SHKP) a site in Kowloon’s Mong Kok area at a price of HK$4.73 billion ($602 million), clinching the city’s first commercial land sale of the year at a value significantly… Read More>>

Aditya Virwani Embassy

Embassy Group Developing $20M Senior Living Project in Bengaluru With Columbia Pacific

2023/03/02 by Christopher Caillavet Leave a Comment

Indian property giant Embassy Group is jointly developing a senior living community in Bengaluru with US builder Columbia Pacific Group, adding another partnership to Embassy’s list of tie-ups with international institutions.

The project, dubbed Serene Amara, will be the 11th… Read More>>

Blake Hutcheson OMERS

Canadian Pension Giant OMERS Earned 13.6% Return on Real Estate in 2022

2023/03/02 by Christopher Caillavet Leave a Comment

OMERS, the largest pension fund manager in Ontario, generated an investment return of 4.2 percent net of expenses last year, with double digit returns on its real estate and private equity bets compensating for shortfalls in other sectors.

The parent… Read More>>

Heizo Takenaka, chairman of Investcorp Japan

Bahrain’s Investcorp Opens Tokyo Office to Target Japanese PE, Real Estate Deals

2023/03/02 by Greg Isaacson Leave a Comment

Bahrain-based alternative assets manager Investcorp has opened an office in Tokyo, expanding its presence to Japan to target private equity and real estate opportunities in the world’s third-largest economy.

Investcorp has also tapped economist and former cabinet member Heizo Takenaka… Read More>>

Yang Huiyan Country Garden

Country Garden Boss Yang Guoqiang Steps Aside as Daughter Named Sole Chairman

2023/03/01 by Christopher Caillavet Leave a Comment

A long anticipated succession at Country Garden Holdings has moved forward as chairman and executive director Yang Guoqiang hands the reins to daughter Yang Huiyan, adding to a string of mainland developer founders stepping back from their posts during China’s… Read More>>

Masashi Okada Tokyu Land

Japan’s Tokyu Land Invests in Three Thai Hotels as Tourists Return

2023/03/01 by Greg Isaacson Leave a Comment

Japanese real estate developer Tokyu Land is betting on hospitality in the Land of Smiles, with the company’s Singaporean arm investing in a trio of Ibis-branded hotels in separate resort areas in Thailand as tourism stages a partial post-Covid comeback.

… Read More>>

Mr Kelvin Lim, Executive Chairman and Group Managing Director of LHN Limited

LHN Launches Flagship Co-Living Complex Along Singapore’s Orchard Road

2023/02/28 by Beatrice Laforga Leave a Comment

Coliwoo has launched a 411-unit shared accommodation facility near the city-state’s swanky Orchard Road, as the co-living unit of Singapore-listed LHN Group continues its expansion streak after Singapore residential rents jumped by nearly a third over the past 12 months.

… Read More>>

Wilson Leung Angelo Gordon

Angelo Gordon Asia Fund in Line for $100M From Minnesota Pension Manager

2023/02/28 by Christopher Caillavet Leave a Comment

Angelo Gordon is closing in on a commitment of up to $100 million from a Minnesota state pension manager for the US private equity firm’s latest Asia real estate fund.

The Minnesota State Board of Investment, which manages retirement and… Read More>>

Sunway Group founder and chairman Jeffrey Cheah Fook Ling (Sunway Group)

Hoi Hup, Sunway Sell a Third of Singapore Luxury Project on Launch Weekend

2023/02/27 by Beatrice Laforga Leave a Comment

Singapore-based developer Hoi Hup Realty and Malaysia’s Sunway Group sold more than one-third of a 270-unit luxury condo project in Pasir Panjang during the launch weekend despite rising interest rates and increased taxes showing signs of slowing the city’s housing… Read More>>

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