A new generation of leadership has taken over at a Hong Kong developer, with that story leading this week’s review of personnel moves from around the region. Also making the list is a promotion at a Japanese investment manager and… Read More>>
Heitman Adds Greater Seoul Shed Under Global Core-Plus Fund
Heitman continues to deploy capital in Asia Pacific under its global core-plus focused strategy, with the US fund manager on Thursday announcing the acquisition of a distribution centre in South Korea.
The property, located an hour’s drive from central Seoul… Read More>>
Heitman Buys 3 Osaka Apartment Buildings in Japan Multi-Family Expansion
Heitman has completed the purchase of three apartment buildings in Osaka, with the US real estate investment manager expanding its Japanese rental residential portfolio after multi-family transactions in the country surged 57 percent year-on-year in the 12 months through 30… Read More>>
Asia Real Estate People in the News 2024-08-19
Succession planning leads this week’s set of personnel moves from Asia’s real estate industry, with a Singapore-based hotel operating moving a new generation leader into a deputy chief executive role. Also making the list is a former Hong Kong-based private… Read More>>
GLP, Heitman, JLL and BEI Group See Opportunity in Hong Kong Industrial Upgrades
Hong Kong’s ageing industrial stock is creating opportunities for developers and fund managers ready to create modern warehouses, cold chain… Read More>>
Speaker Bio: Brad Fu of Heitman MTD TV Productions
Brad is the Head of Acquisitions for Heitman’s Asia-Pacific Private Equity group and an equity owner of the firm. He is responsible for leading Heitman’s investment strategies in sourcing, underwriting and execution across the key target markets in Asia Pacific… Read More>>
Heitman Sells Singapore Self-Storage JV to Warburg Pincus-backed StorHub
Heitman exited a self-storage joint venture in Singapore with the sale of Mandarin Self Storage to Warburg Pincus-backed StorHub late last year for an estimated S$230 million ($172.2 million), Mingtiandi has learned.
The sale came after the Chicago-based… Read More>>
Heitman Buys Hong Kong Industrial Asset From New World Heir for Reported $57M
Heitman has acquired an industrial building in Hong Kong’s Fanling area from a grandson of New World founder Cheng Yu-tung for a reported HK$450 million ($57.33 million), with the US fund manager planning to transform the asset into a refrigerated… Read More>>
Heitman Buys 8 Tokyo Multi-Family Assets in First Japan Residential Play
Heitman has entered the Japanese residential market for the first time with the acquisition of a portfolio of eight multi-family assets across Tokyo for an undisclosed amount.
The 329-unit portfolio consists of five recently completed properties and another three properties… Read More>>
Skip Schwartz to Head Back to US as Heitman Preps New APAC Leadership
Heitman on Monday announced personnel moves to strengthen its Asia Pacific team, including the promotion of two executives as co-leads of regional private equity and an external hiring to beef up client services.
Brad Fu, head of acquisitions for APAC,… Read More>>