In today’s roundup of regional news headlines, a Hong Kong tycoon wins permission to build his eight-storey central London hideaway, the kings of Causeway Bay snap up another slice of the premier retail district, and a Texas-based private equity player… Read More>>
Lone Star Fends Off Blackstone to Buy Japan’s Unizo for JPY 205B
Lone Star Funds has succeeded in its JPY 205 billion ($1.9 billion) takeover of Japanese hotelier and property company Unizo, triumphing over rivals Blackstone and Fortress Investment Group.
Unizo said in a statement yesterday that Lone Star’s JPY 6,000 per… Read More>>
Blackstone Tops Lone Star Offer with JPY 250B Bid for Japanese Hotel Firm
Blackstone has improved its bid for a Japanese hotelier and property developer to JPY 205 billion ($1.85 billion), as the US private equity giant tops an existing offer by rival Lone Star Funds that values the company at JPY 195… Read More>>
Blackstone Boosts Bid in Battle with Lone Star, Fortress for Japanese Hotelier
Blackstone has raised its bid for Unizo Holdings to JPY 192 billion ($1.76 billion), forcing fresh moves by rivals Lone Star Funds and Fortress Investment Group in the contest for the Tokyo-listed hotelier and real estate investment firm.
Blackstone said… Read More>>
Starwood Capital Hires Lone Star Veteran to Head Asia Real Estate Business
Private equity investor Starwood Capital has brought on board a new lead executive for its property business in Asia, Mingtiandi has learned.
Kevin Lee, formerly a Managing Director with Lone Star Funds based in Tokyo, joined Starwood last month in… Read More>>
HNA Group Moves into Media with Caijing Deal and More Asia Real Estate Headlines
Leading the news today, one of China’s biggest buyers of real estate assets is now moving into the media sector with a deal for one of the country’s best known business publications. Also in the headlines, Singapore’s CDL is making… Read More>>
Rushabh Desai Named Head of Asia Pacific at Allianz Real Estate
European heavyweight Allianz Real Estate has hired Rushabh (Rush) Desai to head its Asia Pacific business, where the long-time General Electric executive will be reunited with his former boss Francois Trausch, who now runs Allianz Real Estate globally.
Desai joins… Read More>>