Management continuity at Korea’s largest pension fund leads our list of Asia Pacific personnel moves this week as the NPS has decided to extend the term of its chief investment officer for one more year.
Also included… Read More>>
EHT to Sell Dallas Hotel to Lockwood for $15.5M and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, one of Eagle Hospitality Trust’s holdout hotels looks poised to sell at a reduced price, South Korea’s public pension fund reports robust year-to-date growth, and Hong Kong’s retail sales continue to grow, albeit… Read More>>
Korea’s NPS Acquires Melbourne Quarter Tower From Lendlease for $900M
The National Pension Service of South Korea has acquired a 100 percent interest in the 34-storey Melbourne Quarter Tower from Australian developer Lendlease for a reported A$1.2 billion ($900 million).
The largest and last of three office towers in Lendlease’s… Read More>>
Blackstone Wins $500M From Korea’s NPS and More Asia Real Estate Headlines
Blackstone is back in the news today as a story about the US private equity giant winning a $500 million investment from Korea’s National Pension Service leads today’s collection of headlines from around the region.
Also in… Read More>>
Standard Chartered Giving Up 11 HK Office Floors and More Asia Real Estate Headlines
In the latest roundup of regional news headlines, Standard Chartered is reportedly relinquishing the lease on eight floors it occupies in its namesake Hong Kong tower, Brookfield raises $233 million from its India REIT IPO, and mainland developer China Evergrande… Read More>>
Allianz Fund Buys Stake in SG Tower for $477M, Picks Up Shanghai Office Complex
Allianz Real Estate has moved forward with a deal to acquire a half-stake in one of Singapore’s flagship office properties in a bet on the long-term health of the city’s core office market.
The property investment arm of the European… Read More>>
Korea’s NPS Gives $1B Mandate to US Asset Manager and More Asia Real Estate Headlines
In Mingtiandi’s latest roundup of regional news headlines, South Korea’s National Pension Service gives a second big-dollar mandate to a US fund manager, Singapore’s Chip Eng Seng is terminating its schools tie-up with a British partner, and a wealthy Indian… Read More>>
Hines Forms $1.5B Build to Core JV with Korea’s National Pension Service
South Korea’s National Pension Service has made its second mega-deal of this month as the Jeonju-based giant today unveiled a $1.5 billion joint venture with US developer Hines to invest in real estate projects globally.
The $672 billion fund manager… Read More>>
Korea’s NPS Acquires $2B US Logistics Portfolio and More Asia Real Estate Headlines
In our latest roundup of regional news headlines, Korea’s National Pension Service has added to its growing stockpile of overseas real estate assets by teaming up with a US private equity firm in the purchase of an American logistics portfolio.
Allianz Fund in Talks to Buy Half-Stake in Singapore’s OUE Bayfront
A half-slice of one of Singapore’s premier office towers may be soon to change hands, with OUE Commercial REIT confirming today that it is in exclusive discussions regarding a potential sale of a stake in the OUE Bayfront complex on… Read More>>
