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jimmy phua CPPIB

Canada’s CPPIB Backs $200M Logos Joint Venture in Indonesia

2021/01/04 by Michael Cole Leave a Comment

Logos Property has raised some fresh cash to expand its Southeast Asia footprint, as the Sydney-based logistics developer and fund manager today announced a new joint venture with the Canada Pension Plan Investment Board (CPPIB).

The board, which managed nearly… Read More>>

karl liew tb

Son of Former Changi Boss Charged in Maid Case and More Asia Real Estate Headlines

2020/11/05 by Shiunne Bulsombut Leave a Comment

The saga of a now-retired Changi Airport boss, his bankrupt son and the family’s domestic helper has entered a new chapter as a Singapore court charges the Karl Liew with having made false accusations against Indonesian Parti Liyani.

Also in… Read More>>

China’s Gree Acquires Zhuhai Duty Free for $1.8B and More Asia Real Estate Headlines

2020/11/03 by Mingtiandi Team Leave a Comment

In our latest roundup of regional news headlines, China’s Gree Real Estate has put the finishing touches on its entry into the duty-free retail sector, and Singapore-listed ARA Logos Logistics Trust has raised some fresh cash to finance the purchase… Read More>>

Bonny Budi Setiawan

Alpha, Manulife Team with Indonesian Builder for $200M Warehouse JV

2020/06/15 by Mingtiandi Team Leave a Comment

Singapore-based Alpha Investment Partners Limited has joined forces with a subsidiary of Manulife Financial Corporation and Indonesian warehouse specialist PT Mega Manunggal Property Tbk (MMP) for a new $200 million logistics investment in Jakarta, according to an announcement to the… Read More>>

NWP Retail - Timothy Daly - CEO

Warburg Pincus-Backed Retail Platform Buys 5 Indonesian Malls for $123M

2020/01/01 by Michael Cole 1 Comment

A Warburg Pincus-backed retail real estate venture in Indonesia chose the last day of 2019 to announce the year’s largest shopping centre acquisition, buying a set of five malls for approximately rupiah 1.74 trillion ($123.5 million).

Nirvana Wastu Pratama, better… Read More>>

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>>

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MTD TV

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Ganen Sarvananthan

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Ronshine chairman and CEO Ou Zonghong

Director resignations at a pair of mainland China real estate companies lead this week’s list of personnel moves from … Read More>>

Hines Greater China Boss Cormier Thielke Joins Prologis to Lead Asia Investment

Claire Cormier Thielke

Hines veteran Claire Cormier Thielke has left her post as the US developer’s head of Greater China to join logistics … Read More>>

Link CIO Kenny Lam Leaving Asia’s Largest REIT

Kenny Lam Link REIT

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