Asia real estate and outbound investment news
Phoenix Property Investors has disposed of a row of shophouses in Singapore’s Chinatown for S$54 million ($39 million), according to Aberdeen Standard Investments (ASI), which purchased the historically preserved buildings.
The asset management arm of London-listed Standard Life Aberdeen confirmed… Read More>>
Hong Kong-based Phoenix Property Investors has sold an apartment building in Tokyo for JPY 20 billion ($180 million), just 30 months after buying the property in the Shinagawa area.
The private equity shop headed by financiers Benjamin Lee and Samuel… Read More>>
Phoenix Property Investors has closed its latest opportunistic real estate fund at $1.15 billion, surpassing its hard cap by $250 million.
Phoenix Asia Real Estate Investment VI – the private equity company’s sixth pan-Asian investment vehicle – closed in September,… Read More>>
In this week’s edition of People in the News, JLL says goodbye to its head of valuation advisory services in Asia and Greater China, while Colliers prepares to welcome the outgoing professional services chief, according to market sources who spoke… Read More>>
Tales of Hong Kong turmoil lead Mingtiandi’s collection of real estate news today as Hong Kong brokerage has renewed its lease at a Swire property in the city despite reports of pressure from its mainland parent to steer clear of… Read More>>
Phoenix Property Investors is said to have postponed the final closing of its latest opportunistic real estate fund to allow time to lock in more capital, after already hitting its $900 million target.
Sources cited by PERE said that a… Read More>>
Phoenix Property Investors has been receiving offers of over HK$9 billion ($1.15 billion) from buyers interested in purchasing Tower 535 in Causeway Bay, according to sources familiar with the discussions who spoke with Mingtiandi.
The private equity fund manager, which… Read More>>
In this week’s edition of People in the News, a GIC veteran leaves the sovereign wealth fund for a private equity role, while the investment wing of the UK’s biggest property agency adds some talent in Singapore and Dalian Wanda’s… Read More>>
Blue chip Hong Kong developer Wheelock and Co has sold a trio of retail properties in the city’s Tseung Kwan O area to private equity fund manager Phoenix Property Investors for HK$3.38 billion ($432 million), according to an announcement issued… Read More>>
Hong Kong-based Phoenix Property Investors is reported to have invested HK$442 million ($56.5 million) to purchase commercial space in the lower floors of the V Heun Building in Central, according to an account in local newspaper Mingpao.
The latest reported… Read More>>
