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Wee Lih Koh

Keppel REIT Chooses AA REIT’s Wee Lih Koh as CEO

2021/09/28 by Christopher Caillavet Leave a Comment

The manager of Singapore-listed Keppel REIT on Tuesday announced the appointment of Wee Lih Koh as chief executive, following current CEO Paul Tham’s abrupt resignation last month.

Koh is himself in the process of exiting the CEO post at AIMS… Read More>>

Hilton - Clarence Tan_Senior Vice President_Development_Asia Pacific (1)

Hilton Launches Franchise Model in China, Pushes Luxury Brands in Key Asian Cities

2021/09/28 by Christopher Caillavet Leave a Comment

As Asia Pacific’s hospitality industry struggles to put COVID-19 in the rearview mirror and lure back wary guests, Hilton is trying to get a jump on the market with the launch of a large-scale franchise model in China and a… Read More>>

Laurent Jacquemin AXA

AXA IM Acquires Mixed-Use Property in Tokyo’s Shibuya Area for $48M

2021/09/27 by Christopher Caillavet Leave a Comment

One of the most prolific foreign investors in Japan’s real estate market is back for more, with AXA IM Alts picking up a newly built mixed-use property in a central Tokyo tech hub for €41 million ($48 million).

The alternative… Read More>>

Neil Anderson

Hongkong Land Welcomes Crypto Firm to Central’s Exchange Square

2021/09/27 by Pawara Laothamatas Leave a Comment

Hongkong Land, the biggest landlord in Central district, has leased a full floor of Three Exchange Square, a trophy tower that commands some of the city’s highest rents, to crypto assets group HashKey for a reported HK$120 ($15.40) per square… Read More>>

chen feng HNA

HNA Chairman, CEO Detained as Restructuring Enters Home Stretch

2021/09/26 by Michael Cole Leave a Comment

China’s HNA Group, which declared bankruptcy earlier this year after struggling to pay off debts that once totalled over $100 billion, has added a new chapter to its restructuring as two of its top officials have been taken away by… Read More>>

xu jiayin hengchi evergrande

Evergrande Car Dreams Stall as Vehicle Unit Admits Payroll in Doubt

2021/09/26 by Michael Cole Leave a Comment

New signs of liquidity pressure on China Evergrande Group emerged late Friday night when the collapsing mainland developer’s electric car unit warned that it would need to find new sources of capital in order to continue production and meet its… Read More>>

Joseph Lau Xu Jiayin

Longtime Evergrande Backer Chinese Estates Dumps Shares at Loss, Eyes Full Exit

2021/09/24 by Christopher Caillavet 1 Comment

China Evergrande Group received a fresh gut-punch from a steadfast investor on Thursday, with Hong Kong property firm Chinese Estates revealing that it had dumped 13 percent of its shareholding in the embattled developer at an eye-watering loss and was… Read More>>

mtd tv dc forum north asia panel thumbnail

Hyperscalers Shaping Data Centre Demand in North Asia: MTD TV APAC Data Centre Forum 2021

2021/09/23 by Christopher Caillavet Leave a Comment

https://player.vimeo.com/video/612317431?h=ce1b18af16Video can’t be loaded because JavaScript is disabled: Mingtiandi APAC Data Centre Forum 2021: Building North Asia Networks (https://player.vimeo.com/video/612317431?h=ce1b18af16)

With seemingly limitless demand bumping up against supply constraints and entry barriers in North Asia, hyperscale data centres… Read More>>

Hines and Korea’s NPS Acquire San Francisco Complex for $2.5B Redevelopment

2021/09/22 by Christopher Caillavet Leave a Comment

US developer Hines and South Korea’s National Pension Service have set a new bar for their longtime partnership by announcing a $2.5 billion commercial and residential megaproject in downtown San Francisco.

After completing the $800 million acquisition of the Pacific… Read More>>

Teresa Zhuge GLP

GLP Closes on $1.75B for Third China Logistics Development Fund

2021/09/22 by Christopher Caillavet Leave a Comment

GLP, Asia Pacific’s biggest warehouse builder and fund manager, on Wednesday announced a first closing of its China Logistics Fund III at $1.75 billion, representing the lion’s share of the development vehicle’s $2 billion target.

The freshly committed capital will… Read More>>

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