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Trump and Tanoe

Trumps Sell Beverly Hills Mansion to Indonesian Business Partner in $13.5M Off-Market Deal

2019/06/18 by Jan Kot Leave a Comment

A company controlled by the family of the US president Donald Trump has sold a 5,400 square foot Beverly Hills mansion to a corporate entity linked to the scandal-plagued politician’s Indonesian billionaire business partner for $13.5 million, according to accounts… Read More>>

CLSA, Morgan Stanley Vet Kevin Kow Joins Warburg Pincus Indonesia Venture

2019/04/03 by James Hatton Leave a Comment

Warburg Pincus-backed Indonesian shopping mall developer NWP Retail announced on Tuesday that it had appointed former CLSA and Morgan Stanley executive Kevin Kow as its new chief investment officer.

In his new role, Kow, who is said to have been… Read More>>

John Riady Lippo

Riady Family Leads $1B Rights Issue for Lippo Development Unit After Bribery Scandal

2019/03/13 by Jan Kot Leave a Comment

Indonesia’s Lippo Karawaci has secured $1.01 billion in new funding, as the real estate development division of the 69-year-old conglomerate seeks to revitalise its business.

Lippo, which is controlled by Indonesia’s billonaire Riady family, has teamed the recapitalisation with a… Read More>>

Jeffrey Perlman warburg pincus

Indonesia’s NWP Retail Raises $200M From KTCU, CITIC and Warburg Pincus

2019/02/11 by Jesus Alcocer Leave a Comment

Indonesian mall developer and operator NWP Retail on Monday announced that it had received $200 million in investment from the Korean Teacher’s Credit Union (KTCU) and a fund managed by CITIC Securities, as well as from its primary backer, Warburg… Read More>>

UOL Deputy CEO Liam Wee Sin

UOL Continues Hospitality Expansion With $56M Double-Barreled Jakarta Deal

2018/07/18 by Richard Meyer Leave a Comment

Less than two months after buying a $771 million site in central Singapore, SGX-listed UOL Group has taken its 2018 expansion program to Jakarta by purchasing 180 apartments at the city’s Thamrin Nine development and inking a deal to manage a… Read More>>

Softbank Leads $20M in Funding for Indonesian Co-Working Provider’s SE Asia Expansion

2018/06/05 by Greg Isaacson Leave a Comment

Indonesia’s largest co-working operator, EV Hive, has bagged $20 million in fresh funding from a roster of investors including an affiliate of Japan’s SoftBank Group, as Southeast Asia’s flexible space race continues to heat up.

The funds from the series… Read More>>

Carlyle Adds New Leaders for Vietnam, Indonesia to SE Asia Team

2018/05/24 by Greg Isaacson Leave a Comment

The Carlyle Group, the world’s top private equity firm in terms of fundraising, is boosting its Southeast Asia team with two senior hires in Jakarta and Singapore.

Carlyle has hired Robby Winarta as Managing Director and Long Hoang as Director… Read More>>

$1B Trump Indonesia Project Gets Chinese Backing and More Asia Real Estate Headlines

2018/05/15 by Greg Isaacson Leave a Comment

Leading today’s roundup, a Chinese state-owned behemoth is investing in a billion-dollar theme park development outside Jakarta — raising questions about the project’s Trump-branded properties in the midst of a Sino-American trade clash. Also in the headlines, Singapore has launched… Read More>>

Turochas Fuad spacemob

WeWork to Open Two Centres in Jakarta Amid SE Asia Growth Drive

2018/04/25 by Greg Isaacson Leave a Comment

Global flexible office giant WeWork is ramping up its presence in Southeast Asia with an upcoming debut in Indonesia, potentially followed by Thailand, Malaysia and the Philippines by year-end, the company announced.

The $20 billion New York-based startup will open… Read More>>

James Allan Takes Over Top Spot at JLL Indonesia, Todd Lauchlan to Run NZ Office

2018/03/06 by Greg Isaacson Leave a Comment

Global property brokerage JLL is making a key leadership change in Southeast Asia by naming James Allan as Country Head of its Indonesia business.

Allan, who jointly heads up JLL’s office leasing team in Shanghai with Anny Zhang, starts the… Read More>>

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