Just over a year after being named head of Japan, David Fassbender has taken another step up at PGIM Real Estate, with the company promoting him to deputy head of Asia Pacific with effect from Tuesday.
In a statement, the… Read More>>
Goodman Hires Former Microsoft Exec Kraig Knight to Lead Data Centre Unit
Having earlier this year raised $2.8 billion in part to expand its data centre business, Australia’s Goodman Group on Monday announced new leadership for its digital infrastructure initiative.
Kraig Knight has joined the Sydney-based industrial specialist as executive vice president… Read More>>
Office Floor in Hong Kong’s Admiralty District Sells for 17-Year Low
An office floor in Hong Kong’s Admiralty district has sold for a price not seen since the global financial crisis of 2008, as commercial property values in the Asian business hub continue to plummet.
Financially troubled property investor Gale Well… Read More>>
Brookfield Expands APAC Logistics Strategy with $588M New Zealand JV
Canada’s Brookfield Asset Management on Monday said it will expand its Asia Pacific logistics bets with a NZ$1 billion ($588 million) logistics joint venture in Hamilton, New Zealand.
The world’s second-largest real estate fund manager is tying up with Tainui… Read More>>
Manulife IM Buys Sydney Logistics Park From KKR, Centennial for $35M
Australian warehouses continue to be a top target for institutional investors with Manulife Investment Management announcing on Monday that it has acquired a logistics park in suburban Sydney.
The wealth management unit of Canada’s largest insurer purchased 243 Forrester Road… Read More>>
Distressed Mainland Tycoon Sells Condo on Hong Kong’s Peak for $66M
A decade after buying Asia’s priciest condo, a mainland tycoon who defaulted on loan obligations linked to his purchase of a Quarry Bay office complex has sold the home on Hong Kong’s Peak for HK$512 million ($66 million), according to… Read More>>
Hines Promotes India Investment Head Ankur Gupta to Managing Director
US builder and fund manager Hines announced a set of promotions for its India team this week, led by the elevation of Ankur Gupta to managing director and head of investments in the world’s most populous country.
Mumbai-based Gupta, who… Read More>>
DWS Promotes Sharon Tan to Head of Singapore
DWS has promoted Sharon Tan to head of its Singapore business, according to a recent announcement by the asset management affiliate of Germany’s Deutsche Bank.
Having spent more than a decade with the Frankfurt-based finance firm, Tan has been named… Read More>>
ESR Starts $1B Final Phase of Greater Osaka Logistics Park With Domestic Capital Boost
ESR has broken ground on the $1 billion final phase of a Greater Osaka logistics park, drawing on capital raised for the industrial giant’s first domestic fund in Japan.
ESR Kawanishi DC3 will provide 433,000 square metres (4.7 million square… Read More>>
SC Capital Buys Kyushu Island Hotel for $1B Japan Hospitality Fund
SC Capital Partners on Thursday announced its acquisition of a 165-room hotel in the southernmost part of Kyushu island for an undisclosed price, as the fund manager continues to make Japanese lodging a key focus of its regional strategies.
SC… Read More>>
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