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Stuart Gibson of ESR

ESR Developing $1.5B Logistics Park Near Osaka

2022/03/03 by Christopher Caillavet Leave a Comment

ESR on Thursday announced the development of a $1.5 billion logistics park in the greater Osaka area, as the builder of some of Japan’s biggest warehouses continues to secure land despite zoning-related supply constraints in the country.

The… Read More>>

Jonathan Gray

Blackstone Says Asia Fund on Target After Pension Fund Report

2022/03/02 by Christopher Caillavet Leave a Comment

US private equity giant Blackstone says its Asia real estate fund is on track to reach its $9 billion goal, after a US pension manager had cited a 22 percent lower target for the opportunistic vehicle.

Blackstone representatives told Mingtiandi… Read More>>

Tjarko Edzes Bouwinvest

Scape Hires Bouwinvest’s Tjarko Edzes as Chief Capital Officer

2022/03/02 by Christopher Caillavet Leave a Comment

Rental housing developer Scape Australia has bolstered its executive team with the hiring of Tjarko Edzes, who most recently served as the Asia Pacific investment director at Scape’s longtime partner Bouwinvest.

Edzes assumes his new role this month as chief… Read More>>

Startech Bangalore

CPPIB Invests $350M In Second India Office JV With Bangalore’s RMZ

2022/03/02 by Beatrice Laforga Leave a Comment

The Canada Pension Plan Investment Board (CPPIB) is ready to take a bigger slice of India’s commercial real estate market as it teams up for a second office joint venture with RMZ Corp with an INR 26.5 billion ($350 million)… Read More>>

Sachin Doshi

Warburg Pincus-Backed Weave Launches 6th Hong Kong Location in Kai Tak

2022/03/01 by Pawara Laothamatas Leave a Comment

Weave Living has announced the opening of its sixth apartment community in Hong Kong, unveiling its conversion of a budget hotel in Kowloon East as Weave Studios Kai Tak.

The opening of the 99-unit facility was announced in a LinkedIn… Read More>>

Ng Kiat MLT

Mapletree Logistics Trust Buys 20th South Korean Shed For $74M

2022/03/01 by Beatrice Laforga Leave a Comment

Mapletree Logistics Trust has acquired a newly-built warehouse in South Korea for KRW 88.5 billion ($74 million) as the Singapore-based trust expands its footprint in one of Asia’s largest e-commerce markets.

The trust’s manager told the Singapore Exchange late Monday… Read More>>

CBRE Promotes Luke Moffat to APAC Head of Advisory and Transaction Services

2022/03/01 by Christopher Caillavet Leave a Comment

Global property consultancy CBRE on Tuesday announced the promotion of Luke Moffat to regional managing director and head of advisory and transaction services for Asia Pacific.

Moffat succeeds Manish Kashyap, who was elevated to global president of advisory and transaction… Read More>>

Pan Jun of Fantasia

HKEX Raps Fantasia Boss, Former Colour Life Execs for Property Management Tricks

2022/03/01 by Christopher Caillavet Leave a Comment

Several current and former executives of defaulting developer Fantasia Holdings and its property management spin-off Colour Life Services drew a rare rebuke and disciplinary action from the Hong Kong stock exchange this week for breaking a non-compete deal.

In a… Read More>>

Joe Gooi

SC Capital Kicks Off Data Centre Platform With $500M Seoul Project

2022/02/28 by Christopher Caillavet Leave a Comment

Singapore-based SC Capital Partners has launched an Asia data centre platform, starting with the development of a hyperscale South Korean facility at an expected cost of $500 million.

Headquartered at the investment manager’s Nassim Road office, SC Zeus Data Centers… Read More>>

Xu Jiayin Evergrande

Evergrande Sells Four Mainland Projects to State Firms to Pay Down Debt

2022/02/28 by Christopher Caillavet Leave a Comment

China Evergrande has sold off its remaining stakes in four real estate projects to state-controlled companies, allowing the world’s most indebted developer to recover RMB 1.95 billion ($310 million) of its capital contribution and settle liabilities in excess of RMB… Read More>>

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MTD TV

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