Asia real estate and outbound investment news
Two of the most active investors in Asia Pacific’s real estate sector have established a $2.3 billion joint fund aimed at acquiring a portfolio of core properties in the region, according to an announcement today.
Europe’s Allianz Real Estate, which… Read More>>
Korea’s National Pension Service and US developer Hines have teamed up to buy a 49.5 percent stake in a $2.3 billion New York redevelopment that lead architects Kohn Pederson Fox are billing as one of the jewels of 21st century… Read More>>
Singapore-listed Frasers Property has agreed to sell a 50 percent stake in its namesake office building in the city’s central business district for cash compensation of S$442.7 million ($327.4 million) according to an announcement by the developer late last week.
JLL has brought on board a nearly-twenty-year veteran of the world’s third-largest public pension fund, as the international property consultancy continues to expand its Asia funds advisory unit.
Jayme Han has been appointed as executive director for Asia funds advisory… Read More>>
Korea’s sovereign wealth fund finds itself at the top of today’s property news in the region after the NPS was confirmed as the buyer of Goldman Sachs’ new European headquarters, and HNA saved itself from a cascade of defaults on… Read More>>
Goldman Sachs is said to have picked Korea’s National Pension Service (NPS) as the preferred buyer of its soon-to-be-completed European headquarters in London, according to a report in the Korean press, with the UK office building expected to change hands… Read More>>
A set of board level changes lead this week’s look at who’s changing places in Asia’s real estate world, as an Anbang executive appears to be exiting a roles as some of the mainland’s leading corporates, and Korea’s biggest pension… Read More>>
Some good news for owners of large scale real estate assets leads today’s headlines in Asia, as one of the region’s biggest pension fund managers is directing $550 million in fresh cash toward the property sector. Singapore also makes it… Read More>>
Leading today’s roundup of headlines from around the region, a Singaporean developer is selling a commercial building in southwest China that houses the Millennium & Copthorne-managed M Hotel Chengdu to a local investor. Also in the headlines, US design and… Read More>>
With backing from the country’s biggest pension fund, South Korea’s largest real estate fund manager has bought a $635 million prime office property in central Seoul from a fund controlled by Singaporean developer Ascendas-Singbridge, according to an announcement this week… Read More>>
