German investment giant Patrizia is doubling down on Asia Pacific’s infrastructure sector, where the company sees growing opportunity in the region’s estimated $900 billion annual shortfall in funding for critical assets from solar farms to data centres, according to a… Read More>>
Patrizia-Mitsui JV Hits $110M First Closing for APAC Infrastructure Fund on Way to $1B Target
Japanese conglomerate Mitsui & Co and German asset manager Patrizia have reached $110 million in equity for the first closing of their Asia Pacific infrastructure fund with a goal of raising as much as $1 billion to invest in sustainable… Read More>>
Germany’s Patrizia Launches $1B Japanese Multi-Family Fund, Expands In Singapore
German asset manager Patrizia has launched a €1 billion ($1.03 billion) Japan-focused fund to acquire core and value-add multi-family assets across the country’s top cities, according to the company’s top executive for the region.
In an interview with Mingtiandi on… Read More>>
Shimao Deal Triggers Fresh Developer Rout and More Asia Real Estate Headlines
A sudden announcement that Shimao’s property services unit is paying $259 million for one of the group’s subsidiaries has moved the Hong Kong-listed developer centre stage in China’s developer drama, and to the top of Mingtiandi’s list of real estate… Read More>>
Germany’s Patrizia Names Katsumi Nakamoto President of Japan Business
Germany’s Patrizia Immobilien has appointed former Mitsubishi real estate executive Katsumi Nakamoto as its new president and representative director in Japan, according to an announcement by the Augsburg-based fund manager.
Previously the president and chief executive of Diamond Realty Management,… Read More>>
Asia Real Estate People in the News 2020-08-17
New appointments in Tokyo, Shanghai, Hong Kong and Singapore feature in this week’s collection of people moves documented on Mingtiandi, as a German investment manager consolidates its Japanese operation and a Malaysian developer names a new chief of finance. There… Read More>>
Patrizia Establishes Japan Foothold with Buyout of Tokyo’s Kenzo Capital
Germany’s Patrizia Immobilien has acquired Kenzo Capital Corporation, a Tokyo-based real estate advisory and asset management firm, giving the European real estate investment manager its first foothold in Japan.
Augsburg-based Patrizia unveiled the move in an announcement this week noting… Read More>>