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John-Lim-APREA

ARA Boss John Lim Elected Chairman of APREA

2017/10/02 by Greg Isaacson Leave a Comment

John Lim, group CEO of ARA Asset Management, has been elected chairman of the Asia Pacific Real Estate Association (APREA), an industry non-profit that promotes cross-border investment in the region’s real estate.

The well-known investor succeeds former GIC real estate… Read More>>

Rushabh Desai

Allianz Invests $100M in E-Shang Redwood Japan Fund

2017/09/30 by Greg Isaacson Leave a Comment

Global insurance giant Allianz Group is adding to its portfolio of Asia Pacific logistics investments, by committing $100 million to a Japan-specific fund managed by pan-Asian warehouse builder e-Shang Redwood (ESR).

Allianz Real Estate announced on Friday that it had… Read More>>

Co-Working Startup Distrii Raises $30M in Jingrui, CDL-Led Series A Round

2017/09/28 by Greg Isaacson Leave a Comment

China’s burgeoning co-working sector just got another burst of cash, with Shanghai-based shared office startup Distrii closing on a RMB 200 million ($30 million) round of financing from a group of global investors.

Singapore’s City Developments Limited (CDL) and California-based… Read More>>

Henderson-Managed Sunlight REIT Buys Mong Kok Tower for $84M

2017/09/28 by Greg Isaacson Leave a Comment

Hong Kong’s Sunlight REIT, which is managed by a unit of Henderson Land Development, has announced that it is buying a commercial building on Nathan Road in Mong Kok for HK$658 million ($84.3 million). Through the sale-and-leaseback deal, the REIT… Read More>>

Humbert Pang Gaw

Gaw Capital Leads RMB 400M Investment in China Co-Living Operator

2017/09/27 by Greg Isaacson Leave a Comment

Hong Kong’s Gaw Capital Partners is the latest investor to bet on China’s appetite for affordable housing, as the government pushes rental apartments to mitigate the country’s residential woes.

The private equity shop announced that a fund it manages has… Read More>>

Manulife Plaza Causeway Bay

Kenny Lam Joins Manulife Real Estate as Head of Asia Property Investments

2017/09/27 by Greg Isaacson Leave a Comment

Manulife Real Estate has hired a new head of Asia real estate investments, as the arm of Canada’s Manulife Financial Corp doubles down on the Asian property sector. Real estate investment veteran Kenny Lam is joining the firm’s Hong Kong… Read More>>

UrWork Partners with Fountown as Co-Working Race Heats Up

2017/09/26 by Greg Isaacson Leave a Comment

Chinese shared office giant UrWork has partnered with a Shanghai-based rival to accelerate its growth drive, as Asia’s co-working space race continues to ramp up. The $1.4 billion, Beijing-based firm announced Monday that it has inked a joint venture agreement… Read More>>

CHIA NAM TOON

Ascendas REIT Picks Up Brisbane Office Tower for $67M

2017/09/26 by Greg Isaacson Leave a Comment

Singapore-listed Ascendas REIT (A-REIT) has bought a 14-storey office tower on the outskirts of Brisbane for A$83.83 million ($66.6 million), marking the trust’s second acquisition of an office property in Australia.

The office deal in Brisbane, capital of the state… Read More>>

China Cinda Real Estate

Ding Xiaojie Appointed Chairman of Cinda Real Estate

2017/09/26 by Michael Cole Leave a Comment

Beijing-based property developer Cinda Real Estate has announced that Ding Xiaojie has been unanimously appointed as the new chairman of its board of directors, replacing Jia Honghao. The transition to the new leadership for the Shanghai-listed builder took place on… Read More>>

Lee Kok Sun of GIC

Singapore’s GIC Buys 51% Stake in $909M Tokyo Disney Hotel

2017/09/24 by Greg Isaacson Leave a Comment

Singapore’s GIC is continuing a string of outbound mega-deals by partnering with a Japanese REIT to buy the largest hotel in the Tokyo Disney Resort area for around 100 billion yen ($909.1 million). Under the terms of the deal, the… Read More>>

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