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>>
Asia Real Estate People in the News 2021-03-01
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>>
GIC, TPG Invest Combined $1B in Reliance Retail and More Asia Real Estate Headlines
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>>
ARA Steps Up Battle to Take Over Cromwell and More Asia Real Estate Headlines
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
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>>
Wing Tai Awarded Singapore Site for S$492M and More Asia Real Estate Headlines
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>>
Asia Real Estate People in the News 2018-06-04
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>>
Wanda Waves Bye Bye to Sofitel, Hyatt and Hilton in Quest to Build Own Hotel Brand
Dalian Wanda Group is saying goodbye to its partnerships with foreign hotel operators as the Chinese conglomerate continues its quest to build the first globally recognised Chinese premium hotel brand.
While the company has been forced to abandon its attempts… Read More>>
Gaw Capital Adds Oakland Marriott Hotel to US Portfolio for $143M
Hong Kong’s Gaw Capital has agreed to purchase the Marriott City Center hotel in Oakland California for $143 million, according to sources familiar with the transaction who spoke with Mingtiandi.
The private equity real estate shop is buying the 494-room… Read More>>
China New Home Price Growth Slows to 1.3% in June and More Asia Real Estate Headlines
China’s 2016 housing boom continued to taper off in June as growth in average home prices slowed again following purchase restrictions in the largest cities. Also, one of the mainland’s biggest developers signs up to invest $5 billion in India,… Read More>>