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managing director for fund management at GLP SG

GLP Reaches $3.7B Final Closing of Japan Development Fund, Targets $9.1B in AUM

2022/01/19 by Christopher Caillavet Leave a Comment

GLP on Wednesday announced the final closing of its flagship Japan logistics development strategy with JPY 412 billion ($3.7 billion) in total commitments, putting an exclamation point on what was already the largest-ever private fund targeting real estate in the… Read More>>

Kiyomasa Matsuda AEW

AEW Picks Up Set of Four Greater Tokyo Multi-Family Buildings

2022/01/18 by Christopher Caillavet Leave a Comment

AEW Capital Management has acquired a portfolio of four newly completed residential buildings with a combined 177 units in Greater Tokyo, signalling conviction in multi-family as one of the firm’s key investment themes in Asia.

The assets are located in… Read More>>

ceo koh wee meng fragrance group thumbnail

Singapore’s Fragrance Group Adds Central London Hotel to Growing UK Portfolio

2022/01/18 by Beatrice Laforga 1 Comment

Singapore’s Fragrance Group has purchased a Holiday Inn hotel in west London from British real estate fund manager Queensgate Investments for an undisclosed sum, as the privately held builder continues to expand its hotel portfolio.

The property developer controlled by… Read More>>

Michael Kadoorie and son Philip

Kadoorie Family Boosting Hongkong and Shanghai Hotels Stake for $338M

2022/01/18 by Christopher Caillavet Leave a Comment

Hong Kong billionaire Michael Kadoorie has agreed to pay a steep premium to increase his family’s majority stake in Hongkong and Shanghai Hotels Ltd from 59.98 percent to 72.43 percent through an off-market share purchase totalling HK$2.63 billion ($337.5 million).

… Read More>>

Guy Bradley Swire

Swire Sells Florida Development Project to Kushner JV for $49M

2022/01/17 by Christopher Caillavet Leave a Comment

Hong Kong’s Swire Properties has sold another piece of its Florida real estate portfolio for $49 million, as the blue chip developer continues to liquidate assets at the same time that its parent, Swire Pacific, struggles to deal with ongoing… Read More>>

Ismail Gafoor PropNex

Cooling Measures, Holidays Pull Singapore New Private Home Sales Down 58%

2022/01/17 by Beatrice Laforga Leave a Comment

Singapore’s new private home sales dropped by 58 percent in December after cooling measures put in place halfway through the month raised taxes on home purchases, restricted mortgage lending and quickly dampened homebuyer enthusiasm.

Data issued today by Singapore’s URA… Read More>>

Peter Lam Kin-ngok lai sun

Lai Sun Buys Mid-Levels Residential Project From Li Ka-shing Family for $166M

2022/01/16 by Pawara Laothamatas Leave a Comment

Just three months after winning a Kowloon Tong residential site for HK$1.6 billion, Hong Kong-listed Lai Sun Development continues to focus on the city’s quickening luxury market, with its acquisition of a pair of adjacent properties in the Mid-Levels area… Read More>>

Pithambar Gona

Oaktree Backs Stack Entry to APAC Data Centre Market with 36MW Japan Facility

2022/01/14 by Beatrice Laforga Leave a Comment

US hyperscale specialist Stack Infrastructure has teamed up with global investment firm Oaktree Capital Management to build a 36 megawatt data centre campus in Japan’s Chiba prefecture, marking its first facility in the Asia Pacific region.

Stack, which has locations… Read More>>

chen feng HNA

HNA Creditors Sell Seized Luxury Home on Hong Kong’s Peak for $50M

2022/01/13 by Pawara Laothamatas Leave a Comment

Four months after HNA chairman Chen Feng was detained by the Hainan police, creditors of his bankrupt empire have sold off a Hong Kong luxury home used by the jailed billionaire at a markdown of HK$116 million ($14.9 million) from… Read More>>

Singapore Lifts Data Centre Ban, But Will Cap Capacity, Require Efficiency

2022/01/13 by Beatrice Laforga Leave a Comment

The Singapore government is lifting a 2019 moratorium on new data centre construction and will once again allow construction of new server facilities within its borders, provided that they meet criteria for energy efficiency, according to a statement on Tuesday.

… Read More>>

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