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Steve Hyung Kim, Head of Korea, LaSalle Investment Management

LaSalle Buys Two Icheon Sheds for Korea Logistics JV, Makes Seoul Office Loan

2023/06/07 by Christopher Caillavet Leave a Comment

LaSalle Investment Management on Wednesday announced the acquisition of two warehouses in Icheon on behalf of a Korean logistics joint venture between the firm and an unnamed Middle Eastern sovereign wealth fund.

The warehouses are run by LaSalle’s Logiport logistics… Read More>>

Terence Lo Arch

Hong Kong’s Arch Capital Enters Japan With 25-Asset Tokyo Multi-Family Buy

2023/06/06 by Christopher Caillavet Leave a Comment

Arch Capital Management on Tuesday announced the acquisition of 25 multi-family assets in Tokyo for an undisclosed amount, marking the Hong Kong-based company’s first investments in Japan.

The properties, located within the capital’s special wards, are running at near full… Read More>>

Graeme Torre APG

Hear From Blackstone, Swire and APG at Mingtiandi’s Hong Kong Forum on 27 June

2023/06/05 by Michael Cole Leave a Comment

More than 250 senior real estate executives from around Asia Pacific are expected to attend the Mingtiandi Hong Kong Focus Forum on 27 August, as more speakers join the roster of industry stars appearing at the on-location event.

Just this… Read More>>

Kevin Bong AIMCo

Canadian Pension Manager AIMCo Sets Up in Singapore with Hire of GIC Exec

2023/06/05 by Beatrice Laforga Leave a Comment

Canadian pension fund manager Alberta Investment Management Corp (AIMCo) has hired former GIC veteran Kevin Bong to oversee its investment strategy globally while leading its recently established Singapore operations.

AIMCo, which invests globally on behalf of pension, endowment and government… Read More>>

Li Congrui (Getty Images)

China Jinmao Chairman Resigns After One Month on the Job

2023/06/04 by Christopher Caillavet Leave a Comment

The recently appointed chairman of China Jinmao Holdings has walked out the door after just 33 days in the role, to be succeeded by another longtime hand from the developer’s parent group, state-owned Sinochem Corporation.

Li Congrui resigned as chairman… Read More>>

B&M Claye-Souilly

Singapore’s IREIT Buying 17 French Retail Properties for $82M

2023/06/01 by Christopher Caillavet Leave a Comment

Singapore-listed IREIT Global has agreed to acquire a portfolio of 17 retail properties across France for €76.8 million ($82 million), as the Europe-focused trust continues to diversify its holdings beyond the office sector.

Classified as out-of-town retail parks, the freehold… Read More>>

Anthea Lee Keppel

Anthea Lee Exiting Keppel DC REIT as Manager Names Loh Hwee Long New CEO

2023/06/01 by Christopher Caillavet Leave a Comment

The manager of Keppel DC REIT has announced the appointment of Loh Hwee Long as CEO of the Singapore-listed data centre trust to succeed departing chief Anthea Lee.

Loh, who currently serves as chief investment officer of Keppel Data Centres,… Read More>>

George Hongchoy, Executive Director & Chief Executive Officer, Link Asset Management Limited

Hong Kong’s Link REIT Posts 5.4% Revenue Rise as Portfolio Grows

2023/05/31 by Christopher Caillavet Leave a Comment

Hong Kong’s Link REIT posted revenue growth of 5.4 percent to HK$12.2 billion ($1.6 billion) for the 12 months ended in March, as the total distributable amount for Asia’s largest listed trust edged up 0.6 percent to HK$6.3 billion despite… Read More>>

Ocean We-Life Plaza Beijing

Sino-Ocean Group Selling Beijing Mall to Mainland Retailer for $50M

2023/05/31 by Christopher Caillavet 2 Comments

Sino-Ocean Group has agreed to sell a Beijing shopping centre and the property’s parking area for a total of RMB 359.2 million ($50.6 million), as the state-backed Chinese developer continues a string of asset disposals in the wake of last… Read More>>

Singapore’s CDL Set to Kick Off Pair of Aussie BTR Projects

2023/05/30 by Beatrice Laforga Leave a Comment

Singapore property heavyweight City Developments Ltd (CDL) has officially entered Australia’s  build-to-rent (BTR) residential sector with a pair of development projects set to break ground in the second half of this year.

CDL Australia will begin construction on a rental… Read More>>

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