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George Wang AIMS APAC

AIMS APAC REIT Buying Woolworths Sydney Headquarters for $335M

2021/10/02 by Christopher Caillavet Leave a Comment

Singapore-listed AIMS APAC REIT has agreed to acquire the Sydney headquarters of retailer Woolworths for A$463.3 million ($335.4 million), as the industrial-focused trust continues to branch out into business parks.

Consisting of three interconnected buildings, the Woolworths corporate campus is… Read More>>

Nick Tang Wang On

Wang On Sells Admiralty Asset for $66M as HK Office Sales Pick Up

2021/10/02 by Pawara Laothamatas Leave a Comment

Wang On Properties has agreed to sell an entire floor at the United Centre for a consideration of HK$515 million ($66.1 million) or HK$29,022 per square foot, following the uptick in Hong Kong’s office market in August, with rents in… Read More>>

2021 Michael Smith

Mapletree Spends $3B to Purchase 141 US Warehouses for Private Fund

2021/09/30 by Christopher Caillavet Leave a Comment

Mapletree Investments on Thursday announced that it has paid about $3 billion to add to its US logistics holdings, marking the Singaporean real estate fund manager’s third major North American market milestone since May.

The Temasek Holdings-owned firm has purchased… Read More>>

Claire Tang Lasalle

LaSalle Reaches $972M Final Closing of China Logistics Fund

2021/09/30 by Christopher Caillavet Leave a Comment

LaSalle Investment Management on Thursday announced the $972 million final closing of the LaSalle China Logistics Venture fund, the Chicago-based fund manager’s first dedicated China logistics vehicle.

The completion of the capital raise comes as LCLV and its co-investment vehicle… Read More>>

Sime Darby Property managing director, Dato’ Azmir Merican

Logos Kicks Off Logistics JV With Malaysia’s Sime Darby Property With $200M Fund

2021/09/29 by Christopher Caillavet Leave a Comment

Industrial developer Logos continues to find fertile ground for expansion in Malaysia, where the Australian firm has teamed up with a unit of local conglomerate Sime Darby on a fund management platform for developing and investing in “build-to-suit to lease… Read More>>

Sites in Singapore’s One North Draw Top Range Bids as Housing Market Heats Up

2021/09/29 by Christopher Caillavet Leave a Comment

Two lesser-known players in Singapore’s property market have emerged as the top bidders at a tender for a pair of residential sites with commercial elements in the city’s One North new-economy hub.

Bidding for Parcel A, the larger of the… Read More>>

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>>

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