Korea’s Mirae Asset Management has agreed to buy a portfolio of US luxury hotels from China’s Anbang Insurance for $5.8 billion, according to a report by the Wall Street Journal earlier today.
The deal comes more than one year after… Read More>>
Asia Pacific real estate investment news and information
Korea’s Mirae Asset Management has agreed to buy a portfolio of US luxury hotels from China’s Anbang Insurance for $5.8 billion, according to a report by the Wall Street Journal earlier today.
The deal comes more than one year after… Read More>>
US private equity firm Angelo Gordon has raised $1.3 billion for its latest Asia real estate fund, according to a statement by the company today.
The capital raising brings AG Asia Realty Fund IV, the fourth in the company’s series… Read More>>
Just days before final bids were due to be received in a proposed sale of The Executive Centre, the shareholders of the Hong Kong-based shared office provider have halted the sale, according to a statement received by Mingtiand from the… Read More>>
James Lim, CEO of CapitaLand Investment Management (CLIM) has resigned from his position at the helm of the private fund management division of the Singaporean property conglomerate, Mingtiandi has come to understand.
Lim, who came on board with CapitaLand to… Read More>>
BlackRock Real Estate is raising capital for the fifth in its series of APAC-focused value-add property investment vehicles, with reports indicating that the size of the fund will eclipse its $500 million predecessor.
Having already secured commitments of between $300… Read More>>
CBRE Global Investors has secured commitments totalling $115 million for Asia Value Partners V, a new Asia Pacific fund, according to a filing with the Securities and Exchange Commission in the US.
A Form D filing dated 22 August 2019… Read More>>
Japura Development, an entity linked to Hong Kong billionaire Li Ka-shing’s CK Asset Holdings, has completed the acquisition of an apartment block in one of Singapore’s most affluent areas after the S$401.9 million ($289 million) collective sale had been blocked… Read More>>
Asset management giant BlackRock has confirmed that the firm’s head of investments for Asia Pacific real estate, Greg Lapham, is stepping down from his role.
John Saunders, Head of BlackRock Asia Pacific Real Estate, said that Lapham had decided to… Read More>>
Savills Investment Management’s former head of asset management for Asia, Craig Pearce, has established a real estate investment consultancy firm, Nikota Capital.
Pearce is targeting Japan with his new advisory platform, primarily concentrating on assisting professional investors source, structure and… Read More>>
Less than two years after raising $1.9 billion for Secured Capital Real Estate Partners VI fund (SCREP VI), Hong Kong-based alternative investment manager PAG has begun raising fund for its next opportunistic vehicle, according to market sources cited in a… Read More>>