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Scott Callon Ichigo

Japan’s Ichigo Selling Fukuoka Hotels for $59M and More Asia Real Estate Headlines

2024/11/19 by Michael Cole Leave a Comment

Japan’s Ichigo plans to sell two properties to the firm’s sponsored hotel REIT, with that divestment leading today’s headline roundup. Also in the news, co-working giant WeWork is closing two Singapore locations and global fund managers are upping Korea housing… Read More>>

South Korea NPS headquarters

Korea’s NPS Targeting Higher-Yielding Strategies and More Asia Real Estate Headlines

2024/05/04 by Ponrath Sopannarath Leave a Comment

The world’s third-largest pension fund leads today’s collection of real estate headlines from around Asia, with Korea’s NPS searching for more yield. Also on the list is Yardi’s takeover of WeWork and Digital Realty outperforming expectations on growing data centre… Read More>>

IOI Properties executive vice chairman Lee Yeow Seng (IOIGroup.com)

Malaysia’s IOI Properties Boosts Hotel Portfolio with $35M Buy of Penang Marriott

2024/01/29 by Beatrice Laforga Leave a Comment

IOI Properties Group continues to boost its hospitality holdings with the Malaysia developer agreeing to purchase a 199-key hotel in Penang from local developer Tropicana Corp for RM 165 million ($35 million).

IOI on Friday signed a sale and purchase… Read More>>

David Matheson Oxford

Asia Real Estate People in the News 2021-04-12

2021/04/12 by Michael Cole Leave a Comment

Back to work after holidays for Easter and the Tomb Sweeping festival, Asia’s real estate community is on the move again this week with Hong Kong-listed ESR naming a new director from one of its largest shareholders, and Hong Kong’s… Read More>>

mark machin CPPIB

Asia Real Estate People in the News 2021-03-01

2021/03/01 by Michael Cole Leave a Comment

Leading this week’s roundup of personnel moves in Asia’s real estate industry is a sudden shift over in Canada, where CPPIB has named new leadership after Mark Machin made a hasty departure. There’s also a mainland developer keeping leadership in… Read More>>

Reliance Market India

GIC, TPG Invest Combined $1B in Reliance Retail and More Asia Real Estate Headlines

2020/10/03 by Michael Cole Leave a Comment

Singapore was celebrating Children’s Day on Friday but the country’s sovereign wealth fund was still hard at work making a $752 million India retail investment before the weekend, with US private equity firm TPG also putting some cash into the… Read More>>

john lim ara

ARA Steps Up Battle to Take Over Cromwell and More Asia Real Estate Headlines

2020/07/22 by Michael Cole Leave a Comment

Singapore’s ARA Asset Management leads today’s real estate headlines in Asia Pacific as the Warburg Pincus-backed fund manager formalises its takeover bid for an Aussie real estate investment firm.

A pair of Softbank-backed startups also reappear with more bad news,… Read More>>

ARA US Hospitality Trust Buys Trio of Texas, North Carolina Hotels for $84.5M

2019/11/07 by James Hatton Leave a Comment

ARA US Hospitality Trust has agreed to acquire a 390-key trio of select-service hotels in the US for $84.5 million, just six months after the trust raised $498 million in its debut on the Singapore stock exchange.

The trust has… Read More>>

Wai-Keung-Cheng Wing Tai

Wing Tai Awarded Singapore Site for S$492M and More Asia Real Estate Headlines

2019/04/06 by Michael Cole Leave a Comment

With mainland China and Hong Kong taking a break to honour the dear departed on Friday, stories from Singapore and Australia push their way to the top of Asia’s real estate news. In the Lion City, the government has chosen… Read More>>

lim ming yan

Asia Real Estate People in the News 2018-06-04

2018/06/04 by Greg Isaacson Leave a Comment

The CEO of Southeast Asia’s largest property developer leads this week’s roundup of people moves, with CapitaLand announcing that its top executive will be calling it quits at the end of the year. Also of note, a Paris-based resort operator… Read More>>

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