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Justin Wai, head of China real estate at Blackstone

Blackstone Buys Out Partner’s Stake in Mainland China Logistics Portfolio for $39M

2024/08/13 by Kevin He Leave a Comment

Blackstone has agreed to pay RMB 279 million ($38.9 million) to take full control of a portfolio of four mainland China warehouses, according to stock market announcements over the weekend.

The US alternative investment titan is buying out the 20… Read More>>

Ho Bee Land chief executive Nicholas Chua

Brunei Sovereign Fund Buys Stake in Ho Bee Singapore Life Sciences Complex for $205M

2024/08/12 by Michael Cole Leave a Comment

Singapore’s commercial real estate is showing signs of a pulse this month with developer Ho Bee Land announcing early Monday that it has agreed to sell a 49 percent stake in a life science complex in the city-state’s One North… Read More>>

Wheelock Ricky Wong

Wheelock Clinches $93M Buy of South Hong Kong Island Building at Forced Auction

2024/08/11 by Christopher Caillavet Leave a Comment

Wheelock Properties has acquired an industrial building in Hong Kong’s Wong Chuk Hang area for HK$728 million ($93.4 million), more than two years after applying for a compulsory sale of the ageing property.

The purchase of the Ha Lung Industrial… Read More>>

Stuart Crow JLL

APAC Real Estate Investment Reaches $27B in Third Straight Quarter of Growth: JLL

2024/08/11 by Christopher Caillavet Leave a Comment

Commercial real estate investment in Asia Pacific rose 2 percent year-on-year in the second quarter of 2024 to hit $27.3 billion, marking a third straight quarter of growth, according to JLL.

First-half investment volume totalled $57.5 billion, up 7 percent… Read More>>

Scape CFO Tim Peel (Image: Scape)

Australia’s Scape Raises $2B in Debt as Student Housing Market Surges

2024/08/08 by Kevin He Leave a Comment

Australia’s largest owner and operator of student housing Scape has closed on A$3 billion ($2 billion) in fresh debt financing, with part of the offering nearly three times oversubscribed amid growing appetite for purpose-built student accommodation (PBSA) in the country.

… Read More>>

Tomoko Ueda

BlackRock Names Tomoko Ueda as Chief Operating Officer for Asia Pacific

2024/08/08 by Christopher Caillavet Leave a Comment

BlackRock has expanded Tomoko Ueda’s role to include chief operating officer for Asia Pacific, as the world’s biggest asset manager continues to reconfigure its regional team.

Ueda joined BlackRock from Nikko Asset Management in 2022 and currently serves as APAC… Read More>>

Shuhei Yoshida Nomura

Nomura REIT Buying Hokkaido Hotel From Daiwa House for $43M

2024/08/08 by Christopher Caillavet Leave a Comment

Tokyo-listed Nomura Real Estate Master Fund has agreed to acquire a Hokkaido hotel from Japanese builder Daiwa House Industry for JPY 6.3 billion ($43 million).

The REIT sponsored by Nomura Real Estate Development is buying La’gent Stay Hakodate Ekimae in… Read More>>

Evergrande Xu Jiayin

Evergrande Liquidators Suing PwC, CBRE for Negligence, Misrepresentation

2024/08/07 by Kevin He Leave a Comment

China Evergrande Group’s liquidators have launched legal proceedings against the company’s former auditor PricewaterhouseCoopers (PwC) and valuer CBRE as part of an ongoing effort to recoup losses on behalf of the collapsed mainland developer’s creditors, as the firms face accusations… Read More>>

Mingtiandi-Yardi Tech Survey 2024

Survey of AI’s Impact on Asia’s Real Estate Industry Ends Friday

2024/08/07 by Michael Cole Leave a Comment

Asia’s first survey of the impact of artificial intelligence on the region’s real estate industry is set to wrap up responses this Friday, 9 August giving investors, developers and other industry professionals an opportunity to share from their experiences adopting… Read More>>

Nantachatr Yampandh, GCP Hospitality

Gaw Capital, BW Industrial Join Roster of Speakers for Mingtiandi Singapore Forum

2024/08/07 by Michael Cole Leave a Comment

The Mingtiandi Singapore Forum 2024 is now just over one month away with senior executives from Hong Kong’s Gaw Capital Partners and Vietnam’s BW Industrial confirming their participation this week.

With these latest additions the roster for the forum on… Read More>>

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