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lee-kok-sun GIC

GIC Commits to A$2B Aussie Logistics Platform

2018/11/29 by Jan Kot Leave a Comment

Singapore’s sovereign wealth fund, GIC, announced on Monday that it has set up a A$2 billion ($1.44 billion) unlisted trust with Australian REIT, Dexus, to invest in logistics properties down under.

Subject to approval, GIC will be the foundation investor… Read More>>

CBRE Appoints Alan Li as President of China Business

2018/11/28 by Michael Cole Leave a Comment

CBRE announced today that it has appointed Alan Li as president of CBRE China, promoting the head of its investment services division to the top spot with the agency’s mainland team.

Stepping immediately into his new role as the company’s… Read More>>

Buckingham_Geraldine

BlackRock Names Geraldine Buckingham as New APAC Head

2018/11/27 by Michael Cole Leave a Comment

BlackRock announced on Monday that it had appointed Geraldine Buckingham as chair and head of BlackRock Asia Pacific, effective in February 2019.

The appointment will see Buckingham, who currently serves as the asset management giant’s global head of corporate strategy,… Read More>>

Choo Chong Ngen

Love Hotel Magnate Buys Singapore’s Golden Wall Centre for S$276.2M

2018/11/27 by Jan Kot Leave a Comment

Singapore’s Golden Wall Centre has been sold for S$276.2 million ($200.8 million) to the owner of one of the city’s budget hotel chains, according to an announcement on Monday by Edmund Tie & Company, which advised on the transaction.

A… Read More>>

Chris Brooke

Chris Brooke Takes Top Role at RICS

2018/11/27 by Michael Cole Leave a Comment

Chris Brooke was inaugurated as president of the Royal Institution of Chartered Surveyors (RICS) at a ceremony in Hong Kong today, officially taking the helm of the property industry professional group.

A fellow of the RICS and former CBRE executive,… Read More>>

ESR Pune India

Allianz, ESR Join Forces for $1B India Logistics Venture

2018/11/25 by Michael Cole Leave a Comment

Allianz is contributing half of the equity for an initial $225 million capitalisation of a joint venture with Asian warehouse development specialist ESR to acquire logistics facilities in India, according to an announcement by the German insurer on Friday.

The… Read More>>

Cai Xinyi, Daughter of Longfor Founder, Now China’s Youngest Billionaire With $7.2B Fortune

2018/11/25 by Emma Zhou Leave a Comment

China has a new entry on the list of the world’s youngest billionaires as the twenty-something daughter of Longfor Properties founder Wu Yajun just saw her personal net-worth jump by HK$56 billion ($7.17 billion).

Cai Xinyi, daughter of Wu Yajun… Read More>>

Rush desai allianz

Allianz Buys 50% Stake in Gaw-Vailog Mainland Logistics JV

2018/11/25 by Michael Cole Leave a Comment

Allianz has acquired a 50 percent stake in a portfolio of mainland China logistics assets according to a statement from the company last week, as the German insurer continues to expand its holdings in the country.

The deal was executed… Read More>>

Francois Trausch Allianz

Mingtiandi to Lead Three Sessions at MIPIM Asia in Hong Kong This Week

2018/11/25 by Jan Kot Leave a Comment

The MIPIM Asia real estate conference will be held in Hong Kong on November 27th and 28th with Mingtiandi representatives leading three sessions at the two-day industry conference.

The event kicks off Tuesday morning with Mingtiandi’s Michael Cole leading the… Read More>>

Stephanie Lau Moody's

Hong Kong Home Prices Set to Drop 10% in Next 12 Months Says Moody’s

2018/11/22 by Emma Zhou Leave a Comment

Hong Kong home prices have dropped for the past two months, but any investors dismayed by the market turn after 29 months of climbing prices should get ready for more of the same, according to analysts keeping a watch on… Read More>>

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