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Andrea Orlandi CPPIB

GLP Reunites with CPPIB, QuadReal to Boost European Fund to $4.9B; Completes China IPO

2021/06/21 by Christopher Caillavet Leave a Comment

GLP is upsizing its European logistics development venture with its pair of Canadian partners, aiming to boost assets under management to €4 billion ($4.9 billion) from the original target of €2 billion.

The logistics giant announced Monday that the Canada… Read More>>

richard smith unite students

GIC JV Acquires Two London Student Housing Projects for $472M

2021/06/21 by Christopher Caillavet Leave a Comment

Singapore’s GIC has made its third major real estate investment this month, as the sovereign wealth fund doubles down on a four-year-old bet on student housing in the UK.

Unite Students, Britain’s largest provider of purpose-built student accommodation, said Friday… Read More>>

Chong Kee Hiong Suntec

Suntec REIT Sells 30% Stake in UBS Singapore HQ to Billionaire Gordon Tang

2021/06/19 by Christopher Caillavet Leave a Comment

Suntec REIT has sold its 30 percent stake in Swiss bank UBS’s Singapore headquarters for S$295.5 million ($220.2 million), in a transaction that puts the owners of SingHaiyi Group in full control of the recently renovated asset.

“The divestment of… Read More>>

George Agethen, Senior Vice President, APAC, Ivanhoé Cambridge

Ivanhoe Cambridge and Logos Lead Off MTD TV Logistics Forum on Thursday

2021/06/19 by Michael Cole Leave a Comment

Asia Pacific’s logistics real estate sector has enjoyed record growth over the last decade, and Sydney-based Logos Property has been one of the home-grown companies that have ridden that boom to regional prominence.

Founded in 2010 by partners Trent Iliffe… Read More>>

Jeremy Kelly of JLL

Prime Offices to Emerge From COVID With More Breathing Room for Workers, Says JLL

2021/06/19 by Christopher Caillavet Leave a Comment

As the world’s largest work-from-home experiment fades in the face of mass vaccinations, offices in central business districts are expected to regain their status as primary hubs of commerce, according to a study released this month.

Many workers are likely… Read More>>

site 3 neighbors

Bids for $9B Hong Kong Waterfront Project “Site 3” Due Today

2021/06/18 by Michael Cole Leave a Comment

The future of Hong Kong’s waterfront is up for sale in a land auction that ends on Friday, with the tender also set to measure confidence in the city’s commercial real estate market.

Site 3 of the New Central Harbourfront,… Read More>>

Ascott chief executive officer Kevin Goh

CapitaLand’s Ascott Takes on $110M Student Housing Project in South Carolina

2021/06/17 by Christopher Caillavet Leave a Comment

Singapore-listed Ascott Residence Trust has returned to the US for a second helping of Southern hospitality, joining forces with sister firm The Ascott Ltd to invest in and develop a Columbia, South Carolina student housing project for an expected $109.9… Read More>>

Chiu and Hoong Far East Consortium

Far East Consortium Selling City of London Hotel to Cerberus, Highgate for $160M

2021/06/17 by Christopher Caillavet Leave a Comment

Hong Kong-based Far East Consortium, a frequent buyer of UK real estate, has turned seller with its latest deal by agreeing to offload a City of London hotel for £115 million ($160.4 million).

FEC expects to record a gain of… Read More>>

john yip headshot

China’s CreditEase Hires Mapletree Vet John Yip in Singapore

2021/06/17 by Michael Cole Leave a Comment

Mainland fund manager PeakVest China is expanding its real estate investment platform in Singapore and has hired former Mapletree executive John Yip to drive its growth in the Southeast Asia financial hub.

A restructuring of the asset management business of… Read More>>

pan shiyi Zhang Xin Soho

Blackstone Acquiring Developer Soho China in $3B Deal

2021/06/16 by Michael Cole Leave a Comment

Just 10 months after the COVID-19 pandemic derailed an attempt to take private one of China’s largest commercial developers, Blackstone Group has agreed to acquire Soho China through a new deal worth HK$23.7 billion ($3 billion), according to a stock… Read More>>

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