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MG_Jan Low

M&G Real Estate Hires Jan Low and Jody Neale to Bolster Asia Acquisitions Team

2021/06/23 by Christopher Caillavet Leave a Comment

The Asian division of UK-based M&G Real Estate has added to its acquisitions team with the hiring of two experienced investment managers.

The firm on Wednesday announced the appointments of Jan Low as head of acquisitions for Asia and Jody… Read More>>

Paul MacAndrew IWG

IWG Grabs Two Floors at Raffles Place for New Regus Singapore Location

2021/06/22 by Christopher Caillavet Leave a Comment

Flexible office giant IWG is adding 22,000 square feet (2,044 square metres) of workspace across two floors in CapitaLand’s Plus building at Singapore’s Raffles Place.

The arrangement will bring Switzerland-based IWG’s Regus brand to the 28-storey building at 20 Cecil… Read More>>

john yip headshot

China’s CreditEase Hires Mapletree Vet John Yip in Singapore

2021/06/17 by Michael Cole Leave a Comment

Mainland fund manager PeakVest China is expanding its real estate investment platform in Singapore and has hired former Mapletree executive John Yip to drive its growth in the Southeast Asia financial hub.

A restructuring of the asset management business of… Read More>>

pan shiyi Zhang Xin Soho

Blackstone Acquiring Developer Soho China in $3B Deal

2021/06/16 by Michael Cole Leave a Comment

Just 10 months after the COVID-19 pandemic derailed an attempt to take private one of China’s largest commercial developers, Blackstone Group has agreed to acquire Soho China through a new deal worth HK$23.7 billion ($3 billion), according to a stock… Read More>>

Stephen-Hawkins-LOGOS-Group

Logos Leaps Into Data Centres With 20MW Jakarta Project

2021/06/16 by Christopher Caillavet Leave a Comment

After riding Asia Pacific’s e-commerce wave in establishing a portfolio of 6 million square metres (64.6 million square feet) of warehouse projects, Australia’s Logos Property is adding data centres to its arsenal of projects through an Indonesian joint venture unveiled… Read More>>

KITEC THUMBNAIL

Gordon Wu’s Hopewell Reportedly Selling Kowloon East Complex for $1.3B

2021/06/10 by Christopher Caillavet Leave a Comment

Hong Kong’s commercial property market got a jolt Thursday after a report broke that Hopewell Holdings, controlled by billionaire Gordon Wu, had agreed to sell the Kowloonbay International Trade and Exhibition Centre for HK$10 billion ($1.3 billion).

No official announcement… Read More>>

Former Anbang Unit Buys Beijing Office Tower From SK Group for $1.4B

2021/06/09 by Christopher Caillavet Leave a Comment

Beijing’s investment market is showing further signs of life after a local insurer paid RMB 9.06 billion ($1.4 billion) for the SK Tower in the capital’s central business district, marking the biggest transaction for an office building in China during… Read More>>

Sheraton Tech Centre - Denver

Eagle Hospitality Trust Completes Sale of 5 US Hotels for $155M

2021/06/08 by Christopher Caillavet Leave a Comment

The liquidation of Singapore’s Eagle Hospitality Trust has started raising some hard cash as Asia’s most beleaguered REIT on Monday announced the sale of five US hotels for an aggregate consideration of $155.4 million.

The five hotels among 15 EHT… Read More>>

Bob-Tan-2

Ascott REIT Sells Shanghai Somerset for $160M, Buys 3 Japan Properties

2021/06/03 by Christopher Caillavet Leave a Comment

Singapore-listed Ascott Residence Trust (ART) has completed the divestment of a Shanghai serviced apartment building and will use some of the proceeds to acquire three higher-yielding residential properties in Japan’s fifth-largest city, Sapporo.

The REIT sponsored by property giant CapitaLand… Read More>>

Stuart Mercier, Managing Director, Real Estate, Head of China, Brookfield Asset Management

Brookfield Buying Pradera China Mall Portfolio From ADIA, Macquarie for $1.4B

2021/06/02 by Michael Cole Leave a Comment

Canada’s Brookfield Asset Management has made China’s biggest retail real estate acquisition since the dawn of the COVID-19 pandemic by purchasing a set of five mainland malls from joint ventures invested by the Abu Dhabi Investment Authority (ADIA) for $1.4… Read More>>

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