In today’s roundup of regional real estate news, the boss of SC Capital Partners expands his pan-Asian hospitality platform with the acquisition of Fusion Hotel Group, while Bain Capital explores the sale of a majority stake in Bridge Data Centres… Read More>>
M&G, Nuveen Name New Global Heads of Real Estate
Two of the world’s largest asset managers named new top-level leaders for their real estate strategies this week as investors look for relief from higher interest rates which have slowed deal-making globally.
M&G on Thursday announced that it has promoted… Read More>>
Australian Housing Crisis Creates Opportunity for Institutional Investors: MTD TV
https://player.vimeo.com/video/810787847?h=535d556263Video can’t be loaded because JavaScript is disabled: Mingtiandi APAC Residential Forum 2023: Residential Investment in Australia (https://player.vimeo.com/video/810787847?h=535d556263)
Australian housing prices have fallen by nearly a tenth in the past 12 months, but rising construction costs… Read More>>
Nuveen, Phoenix, GreenFort and Scape Explore Australia to Close Out Residential Forum
The fourth and final session of Mingtiandi’s APAC Residential Forum journeys to Australia on Thursday for a panel discussion examining the country’s investment market for living spaces.
Mingtiandi founder Michael Cole will host four experts on residential investment Down Under:… Read More>>
Bouwinvest, TIAA Boost Nuveen Japan Housing Fund to $100M First Closing
Nuveen Real Estate has achieved a $100 million first closing of its Japan Alternatives Living strategy, which will focus on stabilised senior housing assets and also consider investments in the student accommodation, single family and co-living sectors.
Having recruited Dutch… Read More>>
How the Shanghai Govt Bailed Out Greenland Group and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, fresh details emerge about how Shanghai-based developer Greenland dodged default with government help, the slump in China home prices accelerates despite easing measures, and investors clear the way for PropertyGuru’s SPAC-led debut on… Read More>>
JP Morgan, Nuveen Complete $944M Purchase of SG Office Tower From CICT and FWD
JP Morgan Asset Management and Nuveen Real Estate have announced the acquisition of their respective half-stakes in a Singapore office building for $472 million each, confirming a mid-November Mingtiandi report.
The pair of US-based fund managers picked up their partial… Read More>>
Nuveen Real Estate Hires David Chan to Lead Greater China Deals
Nuveen Real Estate continues to grow its business in the region with the property investment division of US financial giant TIAA having recently hired a former Phoenix Property Investors executive to lead its Greater China operation.
David H Chan joined… Read More>>
JP Morgan, Nuveen Buying SG Office Tower From CICT and FWD for $950M
SGX-listed CapitaLand Integrated Commercial Trust and insurer FWD Group have agreed to sell their respective half-stakes in a Singapore office building for a total consideration of S$1.28 billion ($950 million), with a Mingtiandi source identifying the buyer as a joint… Read More>>
Nuveen Real Estate APAC Head Nick Evans Leaves Firm After 15 Years
Nuveen Real Estate’s executive roster in Asia Pacific continues to evolve, this time with the departure of Nick Evans from his post as managing director and head of Australia and APAC real estate.
The fund manager confirmed to Australian media… Read More>>