New leadership at Australia’s Cromwell Property Group leads our collection of regional personnel moves this week as the Sydney-based fund manager continues to set a new direction after Singapore’s ARA Asset Management and Straits Trading helped form a new board… Read More>>
Hines Grabs Melbourne Site for Build-To-Rent Project and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, US developer Hines buys a Melbourne site for its first rental apartment project in Australia, Hong Kong’s Henderson Land aims to increase home supply after a fruitful first half, and a report highlights… Read More>>
Hines Starts Work on Second Phase of $202M India Residential Project
US developer Hines has begun the second phase of its first residential project in India, bringing total investment in the Elevate luxury apartments in Gurugram to INR 1,500 crore ($202 million).
Hines and local partner Conscient Infrastructure spent INR 800… Read More>>
Hotel in Hong Kong’s Tsim Sha Tsui Said Sold to US Fund for $123M
Butterfly on Prat, a 158-room hotel in Hong Kong’s Tsim Sha Tsui area, has reportedly changed hands for HK$980 million ($123 million) as the local tourism collapse compels smaller lodging operators to sell their assets to redevelopment-minded investors.
Multiple market… Read More>>
Asia Real Estate People in the News 2021-07-26
A senior-level promotion at developer Hines’s Greater China operation leads Mingtiandi’s roundup of personnel moves this week, with Shenzhen-based Kaisa Group adding more than the usual level of drama by appointing a 22-year-old daughter of group chairman Kwok Ying Shing… Read More>>
Hines Hires Former DWS Exec Lim Kian Fong as Singapore Country Head
US developer Hines has announced another key hire with a fund management pedigree, naming Lim Kian Fong as managing director and country head for Singapore.
Lim most recently served as director of portfolio management and head of transactions in Southeast… Read More>>
Hines Promotes European Fund Manager Peter Epping to Global Head of ESG
US developer Hines has set up a dedicated global team to tackle environmental, social and governance issues under the leadership of European fund manager Peter Epping.
In his newly-created role as global head of ESG, Epping will spearhead the Houston-based… Read More>>
Hines to Develop 43 Acre IT Park in Pune, India With Goel Ganga
Hines will make its first foray into one of India’s fastest-growing office markets with the construction of a 43 acre (17 hectare) IT park in the city of Pune, east of Mumbai.
The US developer is establishing its foothold in… Read More>>
Hines to Build Multi-Storey Cold Chain Centre in Greater Seoul
Hines on Tuesday announced the development of Namyang Logistics Center in South Korea, marking the US real estate firm’s second cold storage project in Asia Pacific in the last six months.
The five-storey logistics centre in Hwaseong, a Greater Seoul… Read More>>
Hines Launches Asia Core-Plus Fund With $400M Pledge From Cadillac Fairview
US developer Hines has created a flagship fund for the Asia Pacific region, boosted by a $400 million capital commitment from Canadian pension manager Cadillac Fairview.
The fund, called Hines Asia Property Partners, will be a multi-sector, open-ended, diversified vehicle… Read More>>
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