China’s most indebted developer gets some new leadership this week as China Evergrande leads our collection of job changes with a reshuffle of the top ranks of its real estate business. Also finding a new corporate home is top investment… Read More>>
JLL Names New Head of APAC Hospitality Division
JLL has promoted the CEO of its hospitality business in Asia to the top role regionally, adding Australia, New Zealand and the Pacific Island markets to the senior executive’s territory.
Mike Batchelor, a 27-year employee of the US-based commercial real… Read More>>
JLL Chooses New Japan Boss for Hotel Division
Property consultancy JLL has chosen new leadership for its hotel advisory unit in Japan, according to an announcement by the company late last week.
Takahiro Tsujikawa will take over as head of JLL Hotels and Hospitality for Japan effective 1… Read More>>
PAG Joins with Korean Investor to Buy Grand Hyatt Seoul for KRW 560B
PAG has teamed up with Seoul-based Inmark Asset Management to acquire the landmark Grand Hyatt Seoul hotel, as the city’s hospitality sector continues to draw interest from foreign investors.
The Hong Kong-based private equity firm, together with its co-investors, is… Read More>>
Singapore Startup Leads Brokerage Wins with S$340M Robinson Road Deal Mingtiandi Broker Battle
Sakal Real Estate Partners tops the deal charts this week as the startup Singapore investment brokerage scooped the big players with its work facilitating the S$340 million sale of a commercial property on Robinson Road.
Local player Edmund Tie also… Read More>>
JLL Scores with S$475M Singapore Hotel Deal to Lead Asia Brokerage Wins Mingtiandi Broker Battle
JLL heads up this week’s edition of Mingtiandi’s roundup of brokerage wins as the property consultancy firm’s Hotels & Hospitality Group hits home in Singapore with the S$475 million ($348 million) sale of the Hyatt-operated Andaz Hotel.
ERA Realty scored… Read More>>
Asia Real Estate People in the News 2019-06-24
In this week’s edition of People in the News, the chairman of a troubled Jiangsu-based developer that notched RMB 1 billion ($150 million) in loan defaults last year resigns for health reasons, and a top five mainland developer hires a… Read More>>
Oxley Reboots Sale of S$950M Singapore Hotels After Buyer Balks
Oxley Holdings has appointed new consultants to find a fresh buyer for its Novotel and Mercure hotels on Stevens Road after a previous suitor was found to have breached the terms of a letter of intent for purchase of the… Read More>>
Gaw Capital Buys Melbourne Complex for A$157M
Gaw Capital Partners continues to be in buy mode this week as the Hong Kong-based investment manager has headed south to Melbourne, Australia to pick up a hospitality and office complex for A$157 million ($115 million)
The family-run real estate… Read More>>
JLL Hotels & Hospitality Group Names Mike Batchelor Asia CEO
Property consultancy JLL has tapped hotel investment veteran Mike Batchelor to lead its Hotels & Hospitality Group as Asia CEO, based in Singapore. Batchelor, who has been Managing Director, Investment Sales Asia at the NYSE-listed brokerage since 2007, will succeed… Read More>>
