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kris kumar

PAG Names Executive Team for ‘Flow’ Data Centre Platform

2021/11/21 by Pawara Laothamatas Leave a Comment

Hong Kong-based private equity firm PAG is getting its entry into Asia Pacific’s quickening data centre race onto the track with the announcement this month of a formal corporate identity and expanded management team for the digital infrastructure platform led… Read More>>

xu jiayin evergrande

Evergrande Founder Plunges to 70th Spot Among China’s Richest Billionaires

2021/11/21 by Beatrice Laforga Leave a Comment

The founder of debt-laden developer China Evergrande Group, Xu Jiayin, fell to the 70th spot in this year’s list of China’s wealthiest billionaires from his perch as the richest man four years ago.

The 63-year-old real estate magnate saw his… Read More>>

Wilson Chen, Tishman Speyer China CEO

Tishman Speyer JV Pays $800M for Commercial Site in Shanghai’s Changning District

2021/11/18 by Christopher Caillavet Leave a Comment

Tishman Speyer is once again making moves in its favourite Asian megacity, with the US developer today announcing that it had successfully led a RMB 5.09 billion ($800 million) purchase of a plot in Shanghai’s Changning district for a future… Read More>>

Su Lin Wee, Executive Director, Head of Asset Management, Southeast Asia, PGIM Real Estate

PGIM, MSCI, Yardi Lead Mingtiandi Property Innovation Forum Starting on Tuesday

2021/11/18 by Michael Cole Leave a Comment

The pandemic has triggered major changes in the ways that real estate companies in Asia manage their businesses, and those changes are pushing adoption of new technology, according to a survey conducted by Mingtiandi and Yardi this August.

The results… Read More>>

Guo Zi Wen aoyuan

Aoyuan Sells Project in Hong Kong’s Mid-Levels at a Loss Amid Cash Flow Crisis

2021/11/18 by Pawara Laothamatas Leave a Comment

Cash-strapped mainland developer China Aoyuan Property Group this month agreed to sell off a redevelopment project in Hong Kong’s Mid-Levels to raise cash, and is expecting to recognise an estimated loss of HK$176.6 million on the disposal, according to an… Read More>>

Jon Gray Blackstone

LaSalle, Blackstone Funds Get $300M in Capital From Illinois TRS

2021/11/18 by Beatrice Laforga Leave a Comment

Asia real estate funds managed by LaSalle Investment Management and Blackstone have obtained $300 million in fresh commitments from a major US pension fund manager as US institutions continue to turn to Asian real estate strategies to meet their commitments… Read More>>

Goodwin Gaw

Gaw Capital Sued by Wells Fargo, Apollo Over Manhattan Hotel Default

2021/11/17 by Christopher Caillavet Leave a Comment

Gaw Capital Partners’ investment in a hip New York City hotel has pulled it into a conflict with Wells Fargo bank and US private equity heavyweight Apollo Global Management, after the Hong Kong fund manager stopped making payments on a… Read More>>

Graeme Torre APG

APG Invests $400M in CBC China Life Science Real Estate Venture

2021/11/17 by Beatrice Laforga Leave a Comment

APG Asset Management has teamed up with Singapore healthcare investment firm CBC Group in a $1.5 billion venture targeting the Asia Pacific life science real estate segment, according to a joint announcement this week.

The cooperation between the Dutch pension… Read More>>

Christina Gaw, Managing Principal, Co-Chair of Alternative Investments at Gaw Capital Partners (1) (1)

Gaw Capital Hits $1.2B in First Closing of APAC Opportunistic Fund

2021/11/17 by Beatrice Laforga Leave a Comment

Gaw Capital Partners has raised $1.2 billion in equity for the seventh edition of its opportunistic real estate strategy targeting the Asia Pacific region, as the Hong Kong-based fund manager marks a first closing on its way to a $2.5… Read More>>

Jason Leow Capitaland

CapitaLand, Ascendas REIT Take on $653M SG Tech Park Project 

2021/11/16 by Beatrice Laforga Leave a Comment

The development arm of CapitaLand Group is partnering with a REIT from its own stable in a S$883 million ($653 million) redevelopment set to triple the size of a commercial project in Singapore Science Park, according to a release late… Read More>>

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