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WEAVE LIVING CEO Sachin Doshi tb

Weave, LaSalle Buy Tower in Hong Kong’s Mid-Levels for $35M

2022/08/29 by Michael Cole Leave a Comment

Residential investor and operator Weave Living has acquired its fourth property this year, picking up an apartment tower in Hong Kong’s Mid-Levels for HK$275 million ($35 million) via a joint venture with LaSalle Investment Management, according to a statement by… Read More>>

Shan Weijian PAG

PAG Invests $55M in Indian Developer Elan to Help Fund Future Projects

2022/08/29 by Christopher Caillavet Leave a Comment

Hong Kong private equity firm PAG has invested $55 million in Indian developer Elan Limited, as global fund managers continue to pursue real estate opportunities in one of the world’s biggest markets.

PAG’s commitment will go towards upcoming projects, according… Read More>>

Zhang Zelin Zendai

Shanghai Zendai Property Boss Quits After Profit Warning

2022/08/29 by Mingtiandi Team Leave a Comment

The chief executive of Shanghai Zendai Property has resigned in the latest setback for the chequered Chinese real estate company.

Zhang Zelin tendered his resignation “due to other business commitments”, the company said in a Hong Kong Stock Exchange filing… Read More>>

Paul Dwyer, head of data centres for Logos

Logos Hires Paul Dwyer From Equinix to Lead Data Centre Unit

2022/08/29 by Christopher Caillavet Leave a Comment

Industrial developer Logos on Monday announced three appointments to support its Singapore-based green data centre business, led by the hiring of former Equinix executive Paul Dwyer.

Dwyer joins Logos as head of data centres and will be based in the… Read More>>

Chio Kiat Ow Stamford Land

Singapore’s Stamford Land Sells Sydney Hotel to Vietnam-Linked Group for $146M

2022/08/28 by Beatrice Laforga Leave a Comment

Singapore-listed Stamford Land is selling an Australian five-star hotel to a Vietnamese-backed developer and fund manager for A$210.5 million ($146.37 million) with the new owner set to redevelop the property in Sydney’s central business district into luxury apartments.

Noting that… Read More>>

Albert Lau shkp tb

Albert Lau Among 3 New Executive Directors Named to SHKP Board

2022/08/28 by Mingtiandi Team Leave a Comment

Sun Hung Kai Properties (SHKP) has named three new executive directors to its board as the Hong Kong-listed giant battles rising interest rates and a slowing residential property market.

Among the set of appointments is Albert Lau, a former head… Read More>>

Andy Lim of JL Family Office

Savills IM Sets Up $241M UK Build-to-Rent Fund With ARA’s Lim Family

2022/08/25 by Christopher Caillavet Leave a Comment

Savills Investment Management has launched its second UK-focused fund backed by the family office of ARA Asset Management founder John Lim, this time for a build-to-rent development strategy.

The fund aims to raise £200 million ($241 million) for development of… Read More>>

hans kang infrared nf

APG, CBC Joint Venture Buys Beijing Life Science Assets For Over $180M

2022/08/25 by Beatrice Laforga Leave a Comment

A joint venture between Dutch pension fund manager APG Asset Management and Singapore healthcare-focused private equity firm CBC Group has acquired a pair of Beijing assets at a cost of over $180 million in the latest show of confidence in… Read More>>

Jeffrey-Perlman-1-e1640142992862-400x313

ESR H1 Earnings Up 15% to Hit $665M After Integration of ARA

2022/08/25 by Christopher Caillavet Leave a Comment

Hong Kong-listed ESR achieved what it termed a “stellar performance” for the first half of 2022, with the real asset manager’s earnings before interest, tax, depreciation and amortisation rising 15.3 percent year-on-year to reach $665 million.

The pro forma results… Read More>>

Zhuang Yuekai of Xiamen C&D

China Investigates Directors of 3 State-Run Developers

2022/08/24 by Iris Hong Leave a Comment

China on Tuesday announced four separate investigations of current and former senior executives at three of the country’s largest state-owned real estate companies over allegations of “serious violations of discipline and law”.

A notice posted by the anti-corruption office in… Read More>>

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