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the squaire frankfurt

South Korea Led Asia’s Outbound Investors in 2019 with $17B in Deals

2020/02/20 by James Hatton Leave a Comment

South Korean buyers spent $17 billion on real estate outside of their home region during 2019, making the country Asia Pacific’s biggest cross-border property investor last year, according to data provider Real Capital Analytics.

Driven by office investments in Paris,… Read More>>

hu huaibang CDB

Former China Development Bank Boss Arrested, Said to Have Funnelled Loans to HNA

2020/02/19 by Michael Cole Leave a Comment

The former head of a major Chinese policy bank has been officially arrested for “suspected serious violations of discipline” according to official government statements late last week.

Hu Huaibang, who had served as chairman of China Development Bank… Read More>>

Takahiro Tsujikawa JLL Hotels Head

JLL Chooses New Japan Boss for Hotel Division

2020/02/19 by Michael Cole Leave a Comment

Property consultancy JLL has chosen new leadership for its hotel advisory unit in Japan, according to an announcement by the company late last week.

Takahiro Tsujikawa will take over as head of JLL Hotels and Hospitality for Japan effective 1… Read More>>

warburg Pincus

Warburg Pincus Bidding Against Gaw for A$1.73B Aussie Self-Storage REIT

2020/02/18 by James Hatton Leave a Comment

Warburg Pincus has entered a bidding contest for Australia’s largest self-storage operator with an offer to buy National Storage REIT (NSR) for A$1.73 billion ($1.2 billion), according to a disclosure by the real estate investment trust.

The board of the… Read More>>

Broderick Storie PAG

PAG Blasts Spring REIT Management on Discounted Sino-Ocean Deal

2020/02/18 by James Hatton Leave a Comment

PAG Real Estate has renewed its offensive against the management of Hong Kong-listed Spring REIT, just over a year after the firm failed in a bid to take control of the real estate investment trust.

The property arm of the… Read More>>

derek cheung fec

Far East Consortium Names CEO for Upcoming Hotel REIT

2020/02/17 by James Hatton Leave a Comment

Hong Kong-based real estate investment firm Far East Consortium International has appointed Derek Cheung as chief executive officer of a hotel trust that the group plans to list in the coming months.

Cheung, who started his new role as head… Read More>>

Stuart Gibson ESR

ESR Unveils JPY 27B Plan to Build Nagoya’s Largest Distribution Centre

2020/02/17 by James Hatton Leave a Comment

ESR is investing JPY 27 billion ($250 million) to develop the largest distribution centre in Greater Nagoya, as the Hong Kong-listed logistics specialist pushes forward with its expansion in Japan.

Developing the Yatomi Kisosaki Distribution Centre will add a further… Read More>>

Ming Mei GLP THUMB

GLP’s Gazeley Said Buying Goodman European Portfolio for €1B

2020/02/16 by James Hatton Leave a Comment

Singapore-based Global Logistic Properties (GLP) is reported to be buying Goodman Group’s Central and Eastern European logistics portfolio in a deal said to be worth €1 billion ($1.08 billion).

Asia’s largest warehouse developer and fund manager is said to be… Read More>>

zhang zhichao coli

Mainland Developer China Overseas Land & Investment Names New CEO

2020/02/15 by Michael Cole Leave a Comment

Hong Kong-listed mainland developer China Overseas Land & Investment (COLI) announced this month that it had named a new chief executive to work alongside chairman Yan Jianguo.

Zhang Zhichao took over as CEO of the subsidiary of state-owned giant China… Read More>>

Suchad Chiaranussati SC

SC Capital Sells Sydney Office Tower to China Poly for A$270M

2020/02/13 by James Hatton Leave a Comment

SC Capital Partners has sold an office tower in Sydney’s central business district for A$270 million ($182 million), flipping the property at a mark-up of almost 71 percent just over two and a half years after acquiring the asset.

The… Read More>>

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