Global private equity firm KKR is opening an office in Shanghai, marking its third location in Greater China after Beijing and Hong Kong. The new address in the mainland financial hub is aimed at enhancing the company’s focus on the… Read More>>
$72M Penthouse Seen Testing Singapore Luxury Market and More Asia Real Estate Headlines
Leading today’s real estate headlines in the region is a pricey Singaporean penthouse that comes with its own private pool, as the Lion City tests its nascent real estate recovery. Also in the news, China’s leading builder of outlet malls… Read More>>
Private Equity Pioneer KKR Raises $9.3B for Third Asian Fund
Leveraged-buyout pioneer KKR has closed on its third pan-Asian fund, after raising US$9.3 billion for private equity investments across the region, the New York-based global investment firm announced Friday. The new vehicle, Asian Fund III, is the largest ever private… Read More>>
KKR, Ascendas-Singbridge Bid for Singapore’s $1.3B United Engineers
KKR, Ascendas-Singbridge and Perennial Real Estate are among the finalists competing to acquire S$1.9 billion ($1.3 billion) Singapore property group United Engineers Ltd, according to a recent report by Bloomberg. The bids for the company were confirmed in a notice… Read More>>
KKR and Sino-Ocean Go on $191M Outlet Mall Spree in China
In the US, the Friday after Thanksgiving is the biggest shopping day of the year as consumers throng malls looking for holiday bargains.
For US private equity pioneer KKR and Chinese developer Sino-Ocean, Black Friday’s combined bill came to $191… Read More>>
Asia Real Estate People in the News 2016-09-19
This week’s people in the news sees several familiar faces taking on new roles. Taikang Asset Management promoted its newest director from within while JLL’s new International Director of Corporate Solutions has been with the firm for more than 15… Read More>>
Asia Real Estate People in the News 2016-06-27
This week Asia’s crew of real estate industry professionals features a mainland hospitality veteran taking a C-suite role with Accor, one of Hong Kong’s biggest developers finding new leadership for its asset management division in Shanghai and a familiar broker-face… Read More>>
KKR Hires Blackstone’s Rob Yang as Head of Greater China Real Estate
KKR has appointed Rob Yang from Blackstone as Head of Greater China real estate with the US private equity firm, effective 1 June. Yang joins KKR as a managing director based in Hong Kong as the New York-based investment management… Read More>>
China Real Estate Fund Pivots to Outbound Investment as Market Turns
At least one investment firm has made its position clear on where money is headed this year, and according to fund manager Harvest Real Estate Investment that direction is out of China.
According to a story in the Wall Street… Read More>>
Shanghai Commercial Real Estate Investment Deals Jump 50% in 2013
Large scale commercial property transactions in Shanghai increased by fifty percent from 2012 to 2013, according to one of the world’s largest real estate agencies.
The rise in en-bloc transactions, or sales of whole commercial buildings, reached RMB 46.7 billion… Read More>>
