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Paul Weightman Cromwell

Cromwell CEO Retires as ARA Gains Upper Hand in Aussie Board Tussle

2020/12/20 by Michael Cole 2 Comments

ARA Asset Management moved a step closer to control of Cromwell Property Group, after the Australian property investment firm announced that its chief executive would be stepping down at year-end.

Paul Weightman, who co-founded the A$8 billion ($6 billion) investment… Read More>>

yang zhihui

Chairman of Hong Kong-Listed Casino Developer Under Investigation in China

2020/12/18 by Michael Cole Leave a Comment

The chairman of China’s most notorious casino developer has been placed under investigation by mainland regulators, but Yang Zhihui remains in control of Hong Kong-listed Landing International Development, according to stock exchange announcements this week.

Yang has resigned his role… Read More>>

James Murray Swire

Swire Properties Names Cathay’s Martin Murray to Board in Financial Reshuffle

2020/12/17 by Michael Cole Leave a Comment

Facing its toughest year of the century, Hong Kong’s Swire Group has named new financial leadership at three of its biggest units, according to an announcement to the Hong Kong stock exchange this week.

Michelle Low, a 23-year veteran of… Read More>>

Alpha Investment Partners CEO Alvin Mah

Keppel Debuts 2nd Data Centre Fund With $500M+ First Closing

2020/12/16 by Christopher Caillavet Leave a Comment

After finding fertile ground with its first data centre fund targeting investments in Asia Pacific and Europe, Singaporean conglomerate Keppel Corp has launched a second effort that just achieved a first closing in excess of $500 million.

Following up on… Read More>>

david liu dcp

Former KKR Exec Teams with CITIC to Lead $300M Investment in China Data Centre Operator

2020/12/16 by Michael Cole Leave a Comment

A Beijing private equity firm has teamed up with a fund management division of China’s CITIC Group in a bet on growing demand for server co-location and cloud computing on the mainland, according to an announcement this week.

DCP Capital,… Read More>>

shu watanabe nuveen

Nuveen, Kenedix and Bouwinvest Invest Another $226M in Tokyo Apartment Portfolio

2020/12/15 by Michael Cole Leave a Comment

Nuveen Real Estate has teamed up with Japan’s Kenedix to add seven new assets to their Tokyo apartment portfolio, according to an announcement this week.

Tokyo Multifamily Partnership, a venture managed by Nuveen and Kenedix with backing from Dutch pension… Read More>>

Alnwick Chan

Knight Frank Names Paul Hart, Alnwick Chan as Managing Directors in HK

2020/12/15 by Christopher Caillavet Leave a Comment

Knight Frank has announced new titles for two stalwarts of the agency’s Greater China office in Hong Kong.

Alnwick Chan has been rechristened as managing director for professional services and Paul Hart is now managing director for commercial markets, the… Read More>>

Soilbuild Group chairman Lim Chap Huat

Blackstone Makes $524.5M Buyout Offer for Singapore’s Soilbuild REIT

2020/12/15 by Michael Cole Leave a Comment

As stable becomes sexy in Asia’s real estate markets, Blackstone is teaming up with the family controlling the sponsor of a Singapore-listed REIT for a S$700.3 million ($524.5 million) offer to buy out the industrial real estate trust.

Funds controlled… Read More>>

william tay ascendas

Ascendas REIT Buying Sydney Office Park for $218M

2020/12/13 by Michael Cole Leave a Comment

Ascendas REIT has added a fifth Australian office park asset to its portfolio, as the Singapore-listed trust bets on continued demand for suburban commercial assets in the wake of the COVID-19 pandemic.

Ascendas Funds Management, which manages the $9.7 billion… Read More>>

Victor Cha

HKRI Buys Kowloon Redevelopment Project for HK$310M

2020/12/11 by Michael Cole Leave a Comment

A 16-storey industrial building in Kowloon’s To Kwa Wan area has changed hands at HK$310 million ($40 million) as hopes for an end to the pandemic rekindle Hong Kong’s dormant real estate investment market.

Hong Kong Resorts International, a developer… Read More>>

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