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>>
RRJ Capital Raising $1 Bil Fund for China Real Estate Market
China’s real estate industry is about to receive another $1 billion wave of foreign funding, and this latest surge comes from Hong Kong-based private equity firm, RRJ Capital.
According to Reuters, RRJ’s new fund will focus on residential, retail, hospitality… Read More>>
Blackstone Spends US$400 Mil for 40% of China Mall Developer
US private equity giant Blackstone made the latest acquisition of China real estate assets by a global finance firm this week when it agreed to buy a 40 percent stake in mall developer SZITIC Commercial Property Co, which is now… Read More>>
Gaw Capital Raises US$1 Billion to Invest in China Real Estate
Private equity real estate firm Gaw Capital Partners has successfully raised more than US$1 billion for its latest fund, as the Hong Kong-based firm prepares to ramp up its property investments in Greater China.
Gaw Capital announced the final close… Read More>>