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Luke Li, ESR China

ESR, Gaw and Stephenson Harwood Lead MTD TV Logistics Forum This Week

2024/06/10 by Michael Cole Leave a Comment

Mingtiandi’s fifth annual logistics forum kicks off this week on MTD TV with panels on the China, Japan and Korea markets featuring speakers from some of the region’s top developers, warehouse operators and expert advisors.

The programme, which is sponsored… Read More>>

Far East Shopping Centre

Owners Reject Bid for Far East Shopping Centre on Singapore’s Orchard Road

2024/06/09 by Christopher Caillavet Leave a Comment

For the second time in three months, an attempted collective sale of Far East Shopping Centre has collapsed at the last hurdle, with owners rejecting an offer of roughly S$880 million ($654.5 million) for the strata-title property on Singapore’s Orchard… Read More>>

Adebayo Ogunlesi GIP

KKR, BlackRock-Backed GIP Launch Coalition to Boost Indo-Pacific Infrastructure

2024/06/07 by Christopher Caillavet Leave a Comment

KKR and Global Infrastructure Partners on Thursday announced the creation of a coalition to promote infrastructure investment in emerging-market economies of the Indo-Pacific Economic Framework, with the two US companies to serve as co-chairs of the initiative.

A brainchild of… Read More>>

Truong My Lan

Vietnam to Prosecute Van Thinh Phat Boss Truong My Lan for Laundering $17.5B

2024/06/06 by Kevin He Leave a Comment

Vietnamese authorities are seeking to prosecute Truong My Lan for money laundering, two months after the convicted boss of Ho Chi Minh City-based developer Van Thinh Phat Group was handed the death penalty for orchestrating an embezzlement scheme that led… Read More>>

Laurent Jacquemin, head of Asia Pacific of AXA IM Alts

AXA IM Alts Buys Kyoto Hotel for $44M as Japan Hospitality Deal Streak Continues

2024/06/05 by Kevin He Leave a Comment

AXA IM Alts has acquired a Kyoto hotel for JPY 6.8 billion ($44 million), as global investors continue to favour Japanese hospitality assets amid a tourism boom that drove visitor arrivals to a record 8.56 million in the first quarter,… Read More>>

Luke Li, ESR China

ESR, APG, Mapletree to Appear at Mingtiandi Logistics Forum Starting Next Week

2024/06/05 by Michael Cole Leave a Comment

The industrial sector was a standout performer in Asia Pacific during the first quarter of this year, with deals for income-earning assets jumping 26 percent from a year earlier, at the same time that the broader market declined by 14… Read More>>

ARA Korea CEO Anthony Kang

ARA Korea Buying Conrad Seoul Hotel from Brookfield for $289M

2024/06/04 by Kevin He Leave a Comment

The Korean unit of Singapore-based real estate fund manager ARA Asset Management has agreed to acquire the Conrad hotel in Seoul from Canadian giant Brookfield Asset Management, after a travel rebound saw the number of international tourists in the first… Read More>>

Pacifica president and CEO Seth Sulkin

Pacifica to Develop, Operate Courtyard by Marriott Hotel in Hiroshima

2024/06/03 by Christopher Caillavet Leave a Comment

Tokyo-based Pacifica Capital and Pacifica Hotels are partnering with Marriott International on a new 183-key hotel in central Hiroshima, as Japan’s hospitality sector continues to generate deals amid a tourism boom.

Scheduled to open in early 2027, the project will… Read More>>

Stephen Schwarzman Blackstone

Blackstone Marketing Singapore Worker Housing Portfolio

2024/06/02 by Beatrice Laforga Leave a Comment

Blackstone is marketing a portfolio of foreign worker dormitories in Singapore after holding the properties for more than a decade, Mingtiandi has learned.

The private equity giant has appointed Barclays to market the Avery Lodge portfolio, a set of four… Read More>>

Sharon Lim of Mapletree

PAG Buying Mapletree Anson From MPACT for $574M in Singapore’s Biggest Deal of 2024

2024/05/31 by Beatrice Laforga Leave a Comment

Mapletree Pan Asia Commercial Trust (MPACT) is selling its flagship office building in downtown Singapore to regional private equity titan PAG for S$775 million ($574 million), in a deal which will rank as the city-state’s largest office transaction in two… Read More>>

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