GLP hired JP Morgan just over a month ago to conduct a strategic review of its $8.6 billion business, and the investment bank appears to be earning its fees as two of the world’s largest private equity firms are now… Read More>>
Goldman and Apollo Team Up for $235M Investment in Thailand’s Tallest Tower
While Vietnam and the Philippines may be the southeast Asian markets getting the most attention from real estate investors this year, Goldman Sachs and Apollo Global Management have headed to Bangkok for a $235 million investment in a project that… Read More>>
Greentown China Announces $2.9B Global Investment Plan
After teetering on the edge of bankruptcy in 2014, real estate developer Greentown China has bounced back. Just two years after nearly selling itself to pay off creditors, the once insolvent home builder this week announced a RMB 20 billion… Read More>>
Jesline Goh to Take Over as CEO of Keppel REIT
Perennial Real Estate Holdings and CapitaLand veteran Jesline Goh has been appointed as CEO of Keppel REIT Management Limited, according to an announcement this week by the Singapore-based real estate investment firm.
Goh will take over the top slot at… Read More>>
Great Eagle’s US Unit Buys Seattle Hotel Site for $18 Mil
Pacific Eagle, a US real estate developer controlled by Hong Kong’s Great Eagle Holdings today announced the acquisition of five contiguous land parcels totaling 19,440 square feet (1800 square metres) in Seattle’s Belltown neighborhood. The off-market purchase is the latest… Read More>>
Savills Investment Management Adds Volker Wanka to Asia Team
Savills Investment Management has added Volker Wanka to its Singapore operation as the international real estate investment manager continues to expand its business in Asia.
The 12-year real estate investment veteran has moved from Savills IM’s Frankfurt office to take… Read More>>
Will Trump’s Son-in-Law Close Manhattan Deal with Anbang Before Inauguration?
Donald Trump is threatening China with a trade war, but could he be persuaded to hold fire if one of China’s best-connected investors finances his son-in-law’s multi-billion dollar Manhattan real estate project?
Jared Kushner, the head of Manhattan developer Kushner… Read More>>
GLP Confirms It Has Begun Negotiating Potential Sale of $8.6 Bil in Warehouses
Singapore-listed Global Logistic Properties (GLP) has confirmed that it has initiated negotiations that could lead to the sale of the company as part of a strategic review of its business. The company’s announcement comes after reports surfaced in November that… Read More>>
Colliers Adds James Hall to International Properties Team in Hong Kong
As cross-border apartment buying continues to gain favor among Asian investors, Colliers International has brought on board a new head of sales for its International Properties team in Hong Kong.
James Hall joins the global property consultancy in Hong Kong… Read More>>
Country Garden CFO Resigns Amidst Board Upheaval
After less than three years spent bailing out the balance sheet of China’s third-largest property developer by sales, Country Garden chief financial officer Wu Jianbin has left the company citing personal reasons.
“Mr Wu Jianbin has tendered resignation from his… Read More>>
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