In today’s roundup of regional news headlines, Singapore’s CapitaLand launches its second logistics private fund in India, Australian regulators approve the sale of a stake in a Sydney office tower to China’s sovereign wealth fund, and Canadian fund manager Ivanhoe… Read More>>
Asia Real Estate People in the News 2021-06-07
A board seat for an Asia real estate research veteran leads Mingtiandi’s collection of personnel news this week as UK developer Grosvenor recognises a fast-rising member of its team. There are also promotions in Hong Kong at consultancy Colliers International… Read More>>
Grosvenor Latest Global Investor to Back Taronga Real Estate Tech Fund
UK developer Grosvenor has invested an undisclosed amount in the latest closing of Taronga Ventures’ RealTech Ventures Fund, following in the footsteps of heavyweights like PGIM, CBRE, Australia’s Dexus and Germany’s Patrizia.
The commitment by Grosvenor, a centuries-old investment group… Read More>>
UK Developer Grosvenor Appoints Kozo Hiratani as Japan President
Privately held Grosvenor on Monday announced the appointment of Kozo Hiratani as president of the UK property group’s business in Japan, effective 1 February.
Hiratani has extensive experience in the real estate industry, having worked at Mitsui Fudosan for 25… Read More>>
Grosvenor-Shui On JV to Buy Nanjing IFC From Sanpower for $250M
Hong Kong-listed developer Shui On Land Ltd and the UK’s family held Grosvenor Group have agreed to form a 50:50 joint venture to purchase the Nanjing International Financial Center office tower for RMB 1.62 billion ($250 million), according to an… Read More>>
Asia Real Estate People in the News 2019-07-08
In this week’s edition of Mingtiandi’s People in the News, CapitaLand unveils two leadership appointments following the Singapore-based property giant’s $8 billion merger with Ascendas-Singbridge, clarifying who’s driving which divisions of a company which now manages $90 billion of assets.
Grosvenor Asia Pacific Names Lawrence Tsang as Chief Financial Officer
London-based Grosvenor Group has appointed Lawrence Tsang as chief financial officer of its Grosvenor Asia Pacific division, according to an announcement this week by the property group owned by the UK’s Duke of Westminster and the Grosvenor family.
Tsang joins… Read More>>
Grosvenor Appoints Sing Cheong Liu as APAC Chairman, Replacing Keith Kerr
Grosvenor Group today announced the appointment of Sing Cheong Liu as non-executive chairman of the UK-based developer’s Asia Pacific board, replacing Keith Kerr.
62-year-old Liu, a veteran chartered surveyor who also served as the founding chairman of the Royal Institute… Read More>>
Grosvenor Buys Ginza Shopping Tower in Maiden Japanese Retail Play
Britain’s Grosvenor Group is moving into the Japanese retail sector by picking up a 10-storey shopping tower in Tokyo’s Ginza district, adding to the company’s more than HK$6.8 billion ($871 million) in real estate assets under management in Asia Pacific.
Grosvenor Sells West End Trophy to Hong Kong Scion for $202M
Brexit may yet prove to have dire consequences for the UK, but it hasn’t stopped the kingdom’s royals from making a profitable property play this month, as the Duke of Westminster’s real estate firm sells off a West End commercial… Read More>>