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shu watanabe nuveen

Nuveen, Bouwinvest Team Up to Buy $224M in Tokyo Apartments

2020/01/21 by Michael Cole Leave a Comment

London-based Nuveen Real Estate announced today that it had teamed up with Japanese asset manager Kenedix to purchase seven Tokyo apartment blocks for $224 million, according to a joint announcement by the companies.

The purchase of the multifamily assets in… Read More>>

ma mingzhe tb

Ping An Said Investing in Sun Hung Kai West Kowloon Commercial Project

2020/01/20 by Michael Cole 1 Comment

Less than two months after purchasing a West Kowloon project for HK$42.23 ($5.4 billion) Sun Hung Kai Properties is reported to have found a partner to join in building the largest commercial tower on the peninsula.

Ping An Real Estate… Read More>>

Jeong Young Chae nh investment

Korea’s NH Investment Selected as Preferred Bidder for $863M Seoul Tower

2020/01/19 by Michael Cole 2 Comments

Korea’s NH Investment & Securities has taken a step toward acquiring one of Seoul’s largest office projects, after being selected as the preferred bidder for Tower 2 of the city’s Parc 1 complex, according to sources familiar with the project… Read More>>

Christian-Lee WeWork

Temasek Said in Talks to Buy Majority Stake in WeWork China at $1B Valuation

2020/01/17 by Michael Cole 1 Comment

Singapore’s Temasek Holdings, together with Shanghai-based investment manager Trustbridge Partners, has offered to buy up a majority stake in the China operations of troubled flexible office operator Wework, according to a report by Reuters today.

The Singapore government fund and… Read More>>

sun dongping New Ease

Warburg Pincus-Backed New Ease in $200M Logistics JV with UK’s Actis

2020/01/16 by Michael Cole Leave a Comment

Shanghai-based industrial developer New Ease acquired a new partner today as the company chaired by ESR co-founder Sun Dongping announced a joint venture with fund manager Actis.

Warburg Pincus-backed New Ease, together with the UK emerging markets specialist, plan to… Read More>>

jason hui shimao

Shimao Property JV Adds 70 Projects to Developer’s Mainland Pipeline

2020/01/16 by Michael Cole Leave a Comment

Shimao Property this week announced a new joint venture that will add 70 projects to the Hong Kong-listed developer’s pipeline.

At a press conference on Monday jointly organised with Fuzhou-based Fusheng Group, the two companies announced that they had established… Read More>>

Kwok Ying-shing

Kaisa Group Buys New Territories Site for HK$3.5B to Expand HK Foothold

2020/01/15 by Michael Cole Leave a Comment

Kaisa Group Holdings has expanded its foothold in Hong Kong as the Shenzhen-based developer beat out 14 other bids to take home a site in the New Territories, according to an announcement by Hong Kong’s Lands Department late Monday.

The… Read More>>

ritesh agarwal Oyo

Oyo Hotels Cutting 20% of India Staff, 65,000 Rooms Vanish From Website

2020/01/14 by Michael Cole Leave a Comment

Just over seven months ago, India’s Oyo Hotels proclaimed itself the world’s third largest hotel. Now the Softbank-backed startup is cutting headcount in its home market by around one-fifth, as it struggles for profitability.

Valued at as much as $10… Read More>>

ESR Jeffrey Shen 1

ESR Announces $500M China Logistics Joint Venture with GIC

2020/01/13 by Michael Cole Leave a Comment

Less than three months after completing a HK$14 billion ($1.8 billion) IPO, ESR continues to raise cash for further expansion, as the logistics developer and fund manager today unveiled a joint venture with Singapore’s GIC.

Warburg Pincus-backed ESR Cayman announced… Read More>>

cheung chung kiu CC Land

CC Land Chairman Agrees to Buy London’s Priciest Home for £210M

2020/01/12 by Michael Cole Leave a Comment

Hong Kong billionaires continue to take advantage of the Brexit discount on London property, as the chairman of the developer CC Land has agreed to buy the most expensive home ever in the UK capital.

The family office of Cheung… Read More>>

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