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Eric Pang, Head of Capital Markets, JLL China

JLL Names Eric Pang China Capital Markets Chief

2020/11/12 by Michael Cole Leave a Comment

JLL has named a new head of capital markets for China, bringing home from the UK a 16-year company veteran to helm the property consultancy’s investment services division across the mainland.

Eric Pang, who first joined JLL in 2004, will… Read More>>

Anthony Kang ARA Korea

ARA Teams Up With Korea’s NH Investment for $897M Seoul Office Buy

2020/11/11 by Michael Cole Leave a Comment

ARA Asset Management has completed Seoul’s biggest building buy this year, picking up a newly completed office tower in a deal valued at KRW 1 trillion ($897 million) according to a statement on Tuesday.

The Singapore-based investment manager has purchased… Read More>>

Paul MacAndrew IWG

Abandoned WeWork Kowloon Location to Open as New IWG Centre

2020/11/11 by Elizabeth Kerr Leave a Comment

Hong Kong’s prime business districts continue to welcome expansion by the world’s largest full-service flexible workspace provider, as IWG is set to scoop up more spoils from the near collapse of former co-working giant WeWork.

The Switzerland-based office operator will… Read More>>

Justin Wai Blackstone

Blackstone Buying $1.1B Majority Stake in Guangzhou Logistics Park From R&F

2020/11/10 by Michael Cole Leave a Comment

America’s largest landlord has made the biggest-ever purchase of an industrial real estate asset in China, as Blackstone has agreed to acquire a majority stake in a Guangzhou logistics park for $1.1 billion, according to an announcement today.

Blackstone is… Read More>>

william liem tuan sing

Singapore’s Tuan Sing Selling Robinson Road Office Tower for S$500M

2020/11/10 by Christopher Caillavet Leave a Comment

Tuan Sing Holdings is making one of Singapore’s largest commercial real estate sales this year after signing a S$500 million ($371 million) sale and purchase agreement with a BVI-registered buyer for the firm’s Robinson Point office building.

In a statement… Read More>>

soh kim soon CRCT

CapitaLand China Retail REIT Expands into Offices with RMB 4.9B Acquisition

2020/11/08 by Michael Cole Leave a Comment

In announcing its third quarter results at the end of October, Capitaland Retail China Trust (CRCT) took care to single out the improved performance of its Rock Square mall in Guangzhou, while also highlighting an expansion of its investment remit… Read More>>

payson cha

HKRI, Hanison Chairman Payson Cha Said to Pass Away at Age 77

2020/11/08 by Michael Cole Leave a Comment

Tycoon Payson Cha is reported to have passed away at age 77 due to a recurrence of pancreatic cancer, according to an account in Hong Kong’s Sing Tao daily.

Cha, who chaired developers Hong Kong Resorts International (HKRI) and Hanison… Read More>>

Thomas Lau

Hong Kong Dept Store Owner Closes In on $307M Buy of BP’s London HQ

2020/11/05 by Elizabeth Kerr Leave a Comment

Hong Kong-listed Lifestyle International Holdings is close to signing a deal to purchase BP’s London headquarters at posh 1 St James’s Square for a reported £235 million ($307 million), as investors from the Asian financial hub continue to favour London… Read More>>

Moontower Ocean West Texus

Korean-backed Ocean West Adds Texas Student Housing to US Portfolio

2020/11/05 by Christopher Caillavet Leave a Comment

Ocean West Capital Partners has returned to campus with the acquisition of an 18-storey student housing tower at a flagship Texas university.

The California-based fund manager led an investment group comprising South Korean firms KIS and Tiger Alternative Investors, as… Read More>>

CapitaLand Chairman Ng to Retire as Singapore Giant Rebounds in Q3

2020/11/04 by Christopher Caillavet Leave a Comment

CapitaLand on Tuesday announced the retirement of Ng Kee Choe as chairman, effective at the close of next April’s general meeting, as Southeast Asia’s largest developer highlighted signs of recovery in its third-quarter business update.

Miguel Ko, the deputy chairman,… Read More>>

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