In today’s roundup of regional news headlines, a UK data centre operator’s Chinese owners consider selling out, a Korean sovereign wealth fund shakes up its leadership, and Hong Kong’s “Shop King” is sued over an unpaid debt.
Korea Investment Corporation Names Dae-yang Park As CIO
Korea Investment Corporation has appointed Dae-yang Park as its chief investment officer, according to an announcement by the sovereign wealth fund.
Park joins the South Korean sovereign wealth fund from the Korea Teachers Pension, where he had served as the… Read More>>
Real Estate Industry Group ANREV Rolls Out New Board
The Asian Association for Investors in Non-listed Real Estate Vehicles (ANREV) has announced a flurry of changes to its management board, with leaders from some of the world’s biggest investors taking new seats at the non-profit.
ANREV has appointed James… Read More>>
Google Bets on JD.com with $550M Retail Deal and More Asia Real Estate Headlines
Leading today’s roundup, Google is ramping up its retail investments in China as it aims to counter internet behemoth Alibaba, by ploughing over half a billion dollars into e-commerce titan JD.com. Also in the headlines, China’s home prices and property… Read More>>
Shui On Sells 49% Stake in Shanghai KIC Project for $443M
Shui On has agreed to sell a 49 percent stake in its mixed-use Knowledge and Innovation Community (KIC) project in Shanghai for RMB 2.95 billion ($443.1 million), as chairman Vincent Lo continues to bail out the developer’s balance sheet.
Through… Read More>>
Korea Investment Corp Opens Singapore Office
Korea Investment Corporation (KIC) has opened an office in Singapore, as the $122 billion sovereign wealth fund continues to expand its alternative investments beyond its east Asian home base.
KIC will manage assets locally through the Singapore office, while building… Read More>>
Chinese Developers Buy 3 Melbourne Sites for 39M and More China Real Estate Headlines 2016-01-7
China’s stock markets had their shortest trading day in history today, which should leave investors more time to ponder overseas opportunities such as the three Melbourne acquisitions that happened over the Christmas holidays. Also, a Chinese investor plans to buck… Read More>>
Gaw and KIC Close on HK Intercon Deal and More China Real Estate Headlines 2015-10-20
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
Gaw Capital and KIC Close on $940 HK Intercontinental Hotel Deal
A consortium led by Korean sovereign wealth fund the Korea… Read More>>
4 Greater China Projects Reach Finals of ULI Awards for Excellence
Four out of twenty-two projects qualifying for the final round in an annual competition for the world’s finest real estate developments come from Greater China, with the mainland ranking behind only the US in the contest conducted by the Urban… Read More>>