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Varun Malik VGAP

Rush Desai’s Varsity Group APAC Hires Former MSCI Exec in Singapore

2023/05/21 by Michael Cole Leave a Comment

Rush Desai is adding some senior talent to his team at Varsity Group Asia Pacific in Singapore, with the company announcing late last week that it has hired former MSCI executive Varun Malik as director of business development.

“Varun will… Read More>>

Rushabh Desai, CEO, Varsity Group Asia Pacific

Rush Desai Teams With Scape Founders to Establish Fund Manager Varsity Group Asia

2023/02/24 by Christopher Caillavet Leave a Comment

Rushabh Desai, former Asia Pacific CEO of Allianz Real Estate, has joined forces with Stephen Gaitanos and Craig Carracher, the co-founders of rental housing developer Scape Australia, to launch Varsity Group Asia, a fund management business targeting high-growth alternative real… Read More>>

Rushabh Desai, CEO, Varsity Group Asia Pacific

Rush Desai to Step Down as Head of Asia Pacific for Allianz Real Estate

2022/03/09 by Michael Cole Leave a Comment

After building Allianz Real Estate into one of Asia Pacific’s most active investors, Rushabh Desai is leaving the property investment division of the European insurance heavyweight to pursue other interests, according to the Munich-based firm.

“After more than five years,… Read More>>

Rushabh Desai, CEO, Varsity Group Asia Pacific

Allianz, Ivanhoe Cambridge Team Up for $2B Japan Multi-Family Strategy

2021/12/22 by Michael Cole Leave a Comment

Following through on an initiative first revealed on MTD TV in May of this year, Allianz Real Estate today announced a $2 billion strategy for investing in Japanese rental apartments, together with Canadian pension fund manager Ivanhoe Cambridge.

The European… Read More>>

Rushabh Desai, Varsity Group Asia Pacific

Allianz, Gaw, KKR and Colliers to Lead MTD TV Office Forum on 19 October

2021/10/10 by Michael Cole Leave a Comment

Asia’s largest economies are continuing to struggle to move past the pandemic, with cities such as Singapore, Hong Kong and Tokyo still sketching out recovery plans, and real estate investors continuing to measure the impact of lockdowns and work-from-home arrangements.

… Read More>>

Rushabh Desai, CEO Allianz Real Estate Asia Pacific

Allianz Real Estate Ups Japanese Holdings With $89.5M Tokyo Apartment Buy

2021/03/07 by Christopher Caillavet Leave a Comment

The world’s largest institutional investors continue to bet on Japanese rental apartments for their resilient returns, with Allianz Real Estate announcing on Friday that it had entered into an agreement to acquire a portfolio of Tokyo assets for €75 million… Read More>>

Rush desai allianz

Allianz Real Estate Grew APAC Portfolio by 16% in 2020 Despite Pandemic Challenges

2021/01/06 by Michael Cole 1 Comment

The COVID-19 pandemic drove down investment in commercial real estate across Asia Pacific by 36 percent in the first nine months of 2020, but one of the biggest purchasers of property assets in the region still managed to boost its… Read More>>

Rushabh Desai, CEO Allianz Real Estate Asia Pacific

Allianz Buying Tokyo Apartment Portfolio for $160M

2020/08/17 by Michael Cole Leave a Comment

Allianz Real Estate announced today that it has agreed to spend $160 million to add to its portfolio of Japanese apartments on behalf of its APREAP Core 1 Fund.

The property investment unit of the European insurance giant is acquiring… Read More>>

Rush desai allianz

Allianz Expands Japan Multifamily Portfolio with €110M Tokyo Buy

2020/05/29 by James Hatton Leave a Comment

Allianz Real Estate has braved the downturn in Japan to pick up a portfolio of multifamily properties in Tokyo for €110 million ($122 million), announcing the deal just weeks after the property investment arm of the European insurance giant opened… Read More>>

Rush desai allianz

Allianz Real Estate Opens Offices in Shanghai and Tokyo in APAC Expansion

2020/05/26 by James Hatton Leave a Comment

Allianz Real Estate, the property investment arm of the European insurance giant, opened offices in China and Japan this month as part of an Asia Pacific expansion drive which saw the company grow its portfolio in the region by 83… Read More>>

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