US private equity firm Angelo Gordon has raised $1.3 billion for its latest Asia real estate fund, according to a statement by the company today.
The capital raising brings AG Asia Realty Fund IV, the fourth in the company’s series… Read More>>
Asia Pacific real estate investment news and information

US private equity firm Angelo Gordon has raised $1.3 billion for its latest Asia real estate fund, according to a statement by the company today.
The capital raising brings AG Asia Realty Fund IV, the fourth in the company’s series… Read More>>

Just days before final bids were due to be received in a proposed sale of The Executive Centre, the shareholders of the Hong Kong-based shared office provider have halted the sale, according to a statement received by Mingtiand from the… Read More>>

Lujiazui Group, the largest state-owned developer in Shanghai’s Pudong district has agreed to pay RMB 9.1 billion ($1.28 billion) to acquire a mixed-use site in the city’s Zhangjiang High Tech Park, according to an announcement last week by the Shanghai… Read More>>

Real estate consultancy Knight Frank has continued to add to its mainland China team, naming Ying Shin Lee this month as Managing Director of its Shanghai office.
Lee joins the UK-based firm after spending nearly a decade with GE’s global… Read More>>

Hong Kong restaurant operator Tsui Wah Holdings is said to be offering for sale its flagship location in Central at an asking price of HK$400 million ($51 million), as the city’s ongoing civil unrest chips away at consumer spending.
The… Read More>>

Just four months after Oxley Holdings agreed to sell 30 Raffles Place in Singapore’s central business district to AEW for S$1.025 billion ($740 million), the Singapore-based company has moved to find a buyer for the building’s retail and office podium… Read More>>

Hilton Worldwide has sold the Hilton Odawara Resort and Spa in Japan to a joint venture between Mori Trust and Mori Trust Hotel REIT for $119 million, according to data supplied by Real Capital Analytics.
The REIT and the Tokyo-based… Read More>>

James Lim, CEO of CapitaLand Investment Management (CLIM) has resigned from his position at the helm of the private fund management division of the Singaporean property conglomerate, Mingtiandi has come to understand.
Lim, who came on board with CapitaLand to… Read More>>

Financing for Chinese property developers plunged by 58.15 percent month-on-month in August amid an intensifying government clampdown on the housing market, according to data cited by the Securities Times.
Total new financing provided to China’s builders reached RMB 36.83 billion… Read More>>

Executives at the We Company, the parent of shared office provider WeWork, are considering lowering the valuation for an upcoming initial public offering by around 50 percent, according to multiple news accounts citing sources familiar with the company’s plans.
The… Read More>>