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Sandeep Mathrani

WeWork Names Former Brookfield Exec as New CEO

2020/02/02 by Michael Cole Leave a Comment

Shared office provider WeWork has found a new chief executive as the financially challenged company takes another step in its struggle for profitability.

Brookfield Properties executive Sandeep Mathrani will join the New York-based firm as CEO on 18 February, according… Read More>>

Christina Tan Keppel

Keppel Australian JV Blocks Starwood’s A$485M Bid for Office REIT

2020/02/01 by James Hatton Leave a Comment

Keppel Capital has set up a partnership with the sponsor of an A$688 million ($464.8 million) Australian office REIT that will allow the Temasek-backed asset manager to dig deeper into Australia’s metropolitan office market, according to a disclosure to the… Read More>>

Ares Management Buying Controlling Stake in Hong Kong’s SSG Capital

2020/01/30 by James Hatton Leave a Comment

NYSE-listed alternative investment manager Ares Management Corporation is expanding its reach in Asia through the acquisition of a controlling interest in Hong Kong-based SSG Capital Management, according to a company announcement.

The US alternative asset manager has agreed to buy… Read More>>

Ng Kiat Mapletree

Mapletree Sells Japanese Warehouse Facility to REIT for JPY 21.9B

2020/01/29 by James Hatton Leave a Comment

Mapletree Logistics Trust Management has agreed to acquire 98.47 percent of a newly built logistics facility in western Japan’s Kobe as the trust strengthens its portfolio to meet the rising demand for logistics space in the country, according to a… Read More>>

jai mirpuri

ESR Buys Site for 300,000 SQM Northern India Logistics Park

2020/01/29 by James Hatton Leave a Comment

ESR is stepping up its presence in India with the purchase of a development site in the north of the country, as the logistics specialist looks to ride the rising demand for warehousing in the subcontinent.

The Warburg Pincus-backed company… Read More>>

Christina Gaw tb2

Gaw Bid for Australia’s Largest Self-Storage Provider Confirmed

2020/01/28 by Michael Cole Leave a Comment

Just one month after closing on $2.2 billion in fresh cash, Gaw Capital Partners is bidding to put some of that funding to work in a new asset class, according to an announcement late last week by Australia’s largest self-storage… Read More>>

ivan ho kailong

Kailong Grabs Kowloon Site for HK$448M, Readies for Tsim Sha Tsui Project

2020/01/28 by Michael Cole Leave a Comment

Kailong Real Estate is preparing to start work on its latest Hong Kong project after purchasing a pair of ageing buildings in the Tsim Sha Tsui district of Kowloon, according to the firm’s top executive in the city.

A joint… Read More>>

han xiaosheng oceanwide

China Oceanwide Selling San Francisco Project at $276M Loss

2020/01/23 by Michael Cole 1 Comment

Five years after purchasing the site of what was planned to be San Francisco’s second-tallest office tower, China Oceanwide Holdings has agreed to sell the unfinished project at a $276 million loss, according to a statement filed by the developer… Read More>>

Panote Sirivadhanabhakdi

Frasers Property Buying Cisco UK Headquarters for £135M

2020/01/23 by Michael Cole Leave a Comment

Frasers Property is betting on the UK’s tech sector as it adds another commercial asset to its Great Britain portfolio, according to an announcement today to the Singapore stock exchange by the developer controlled by Thai billionaire Charoen Sirivadhanabhakdi.

The… Read More>>

tony tan

CapitaLand Group Proposes $6.1B Merger of Office, Retail REITs

2020/01/22 by Michael Cole Leave a Comment

Just one year after CapitaLand began its S$11 billion acquisition of Ascendas-Singbridge, Southeast Asia’s largest real estate group has proposed to merge a pair of commercial real estate investment trusts in a S$8.27 billion ($6.13 billion) cash-and-stock deal.

In a… Read More>>

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