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Fortress real state boss Thomas Pulley

Fortress Buying Kyushu Resort from Game Maker as Japan Hotel Deals Continue

2024/05/13 by Kevin He Leave a Comment

New York-based fund manager Fortress Investment Group is acquiring a resort complex in the southwestern Japanese city of Miyazaki, as an inbound tourism boom helped push acquisitions of hospitality assets to a record JPY 500 billion in 2023, according to… Read More>>

Charoen Sirivadhanabhakdi Frasers Property (Getty Images)

Frasers Selling Singapore Serviced Apartments to Tuan Sing for $103M

2024/05/12 by Beatrice Laforga Leave a Comment

Frasers Property is selling a serviced apartment complex along the Singapore River to SGX-listed developer Tuan Sing Holdings for nearly S$140 million ($103.47 million), as the company struggles with an 82 percent drop in earnings in the six months ending… Read More>>

George Hongchoy, Link REIT

More Than 200 Industry Leaders to Attend Mingtiandi Hong Kong Forum on Tuesday

2024/05/12 by Michael Cole Leave a Comment

Over 200 senior executives from companies including Goldman Sachs, Sino Group and HSBC have signed up to attend Mingtiandi’s Hong Kong Forum on Tuesday for a full day of discussions on challenges and opportunities facing institutional real estate investors in… Read More>>

Hotel Wing International Chitose in Hokkaido

Star Asia Group to Acquire Japanese Budget Hotel Operator Minacia

2024/05/11 by Christopher Caillavet Leave a Comment

Japan-focused property investor Star Asia Group has agreed to acquire Tokyo-based hotel operator Minacia from Unison Capital Partners for an undisclosed price.

Founded in 1990, Minacia runs 39 limited-service hotels with 5,180 rooms in major Japanese cities under brands such… Read More>>

Benjamin Cha, CEO and Founder, Serakai

Hong Kong Startup Sees Placemaking Boosting Returns for Asia’s Built Environment

2024/05/09 by Michael Cole Leave a Comment

After more than 20 years leading real estate investments for organisations including the UK’s Grosvenor Group, Swiss bank UBS and Hong Kong developer HKRI, industry veteran Ben Cha is launching his own property investment venture, and he’s arming it with… Read More>>

Jon Winkelried TPG Getty Images

TPG Closes on $7.8B in Capital for Asia Private Equity, Real Estate Funds

2024/05/09 by Christopher Caillavet Leave a Comment

TPG has closed on its eighth Asia-focused private equity fund with $5.3 billion in committed capital, as well as raising $2.5 billion for a pair of Angelo Gordon co-branded real estate vehicles targeting the region.

The campaign for TPG Asia… Read More>>

Equalbase chief executive Nicholas Bischoff

Stonepeak-Backed Equalbase Developing $58M Greater Seoul Facility

2024/05/09 by Christopher Caillavet Leave a Comment

Logistics builder Equalbase on Thursday announced its acquisition of a freehold land plot southeast of Seoul, with the company planning to develop a warehouse at a total cost of KRW 79 billion ($58 million).

The Icheon-Baeksa project will comprise 41,800… Read More>>

Kensuke Kudo KKR

KKR Teams Up With Marriott to Launch Japan Hotels After Unizo Buy

2024/05/07 by Christopher Caillavet Leave a Comment

KKR has put a US brand on a set of 14 hotels that it acquired last year through its takeover of Japanese hospitality operator Unizo, with the properties to be managed under Marriott International’s Four Points Express by Sheraton.

The… Read More>>

Hubert Chak, Executive Director and CEO, SF REIT

SF REIT, Gaw, Asia Green, MSCI to Size Up Mainland China at Hong Kong Forum

2024/05/07 by Christopher Caillavet 1 Comment

A panel of distinguished experts will explore investment opportunities in mainland China as part of the afternoon session at next Tuesday’s Mingtiandi Hong Kong Forum.

The panel brings together Hubert Chak, executive director and CEO of SF REIT; Humbert Pang,… Read More>>

Qiqi Zhang, Managing Director, Warburg Pincus

Warburg Pincus, VLinker to Take the Stage After Opening 8,000 Apartments in April

2024/05/06 by Michael Cole Leave a Comment

China’s housing market has faced a historic slide over the past year, but a major US private equity firm is set to take the stage in Hong Kong next week to reveal how it is achieving yields as high as… Read More>>

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