Construction firm Mace has appointed former Barclays executive Nick Brand to run a new office dedicated to the Asia Pacific region that the company is opening in Singapore, according to a statement this week from the UK-based project management specialist.
GIC Commits to A$2B Aussie Logistics Platform
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
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>>
BlackRock Names Geraldine Buckingham as New APAC Head
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>>
Love Hotel Magnate Buys Singapore’s Golden Wall Centre for S$276.2M
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 Takes Top Role at RICS
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>>
Allianz, ESR Join Forces for $1B India Logistics Venture
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
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>>
Allianz Buys 50% Stake in Gaw-Vailog Mainland Logistics JV
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>>
Mingtiandi to Lead Three Sessions at MIPIM Asia in Hong Kong This Week
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>>
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