Wang Jianlin’s Dalian Wanda Group continues to sell off piece of business units once touted as the future of the company, as a news report in China says the conglomerate will sell its online payment unit to e-commerce giant JD.com’s… Read More>>
Senior management shifts at some of mainland China’s largest real estate firms lead Mingtiandi’s collection of people moves this week with major changes at China Vanke and department store operator Golden Eagle Retail.
There are also some familiar faces showing… Read More>>
Hong Kong-based investment manager PAG has achieved a final close of $2.75 billion in investor commitments for its latest opportunistic Asia real estate investment vehicle, exceeding the fund’s $2 billion minimum target by more than one third, Mingtiandi has come… Read More>>
PAG Real Estate has renewed its offensive against the management of Hong Kong-listed Spring REIT, just over a year after the firm failed in a bid to take control of the real estate investment trust.
The property arm of the… Read More>>
Hong Kong’s economic hardships lead the news again today with a global property agency reporting that retail rents in the city dropped by 15 percent in the second half of 2019. Also in the headlines, one of India’s largest developers… Read More>>
PAG has teamed up with Seoul-based Inmark Asset Management to acquire the landmark Grand Hyatt Seoul hotel, as the city’s hospitality sector continues to draw interest from foreign investors.
The Hong Kong-based private equity firm, together with its co-investors, is… Read More>>
PAG has signed a memorandum of understanding with Hyatt Hotels Corporation to acquire the Grand Hyatt Seoul for approximately KRW 500 billion ($410 million), according to market sources cited in the Korea Economic Daily.
The investment management firm led by… Read More>>
Less than two years after raising $1.9 billion for Secured Capital Real Estate Partners VI fund (SCREP VI), Hong Kong-based alternative investment manager PAG has begun raising fund for its next opportunistic vehicle, according to market sources cited in a… Read More>>
Amsterdam-based Bouwinvest Real Estate Investors has committed $100 million to Asian investments managed by private equity firm PAG, according to an announcement last week.
Bouwinvest’s cash has already been put to work under PAG’s real estate division acquiring 26 office… Read More>>
Melbourne leads the way in Mingtiandi’s roundup of Asia real estate headlines today as a company with links to a mainland China developer has snapped up a Novotel hotel and a shopping mall in the Australian city for $105 million.