Top level moves in Singapore and India lead this week’s review of personnel updates from around Asia Pacific, as SGX-listed IREIT Global names a new CFO and Bengaluru-based Embassy Group completes its takeover of the former Indiabulls Real Estate.
Savills IM Appoints Hsueh Ling Ng Head of APAC Ex-Japan
Savills Investment Management (Savills IM) has appointed Hsueh Ling Ng to the newly created role of head of Asia Pacific ex-Japan, where she will be responsible for managing the firm’s investment and client capital teams in some of the region’s… Read More>>
Mitsubishi Estate JV Buying Former WeWork London Location at 44% Markdown
Mitsubishi Estate has acquired a London office tower formerly leased to WeWork for a price reported to be almost 44 percent less than what the seller, a joint venture between Savills Investment Management and Korea’s Vestas Investment Management, paid to… Read More>>
Asia Real Estate People in the News 2023-08-28
A new Aussie role for the former chief of SGX-listed Frasers Logistics and Commercial Trust leads this week’s list of personnel moves from around the region, with new appointments at Hong Kong-listed Kaisa Prosperity and Shanghai Zendai Property also making… Read More>>
Asia Real Estate People in the News 2023-03-20
Senior changes at developers in Hong Kong and mainland China lead this week’s review of personnel changes in Asia, with CK Asset saying farewell to a long-time executive director and Dalian Wanda’s mall unit losing its chairman and president. Also… Read More>>
M&G Sells Brisbane Office Block at a Loss and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a Brisbane office building changes hands between two global investment managers, Canada’s Brookfield acquires a Sydney industrial site, and China’s new home prices continue their slide.
M&G Sells Brisbane Office… Read More>>
Savills IM Buys Japan, Australia Properties for Pan-Asian Flagship Fund
Savills Investment Management has completed its first acquisitions in Japan’s office and residential sectors under the firm’s flagship pan-Asian fund, with the vehicle also picking up a majority stake in a Perth neighbourhood mall for its third purchase in Australia.
Savills IM Sets Up $241M UK Build-to-Rent Fund With ARA’s Lim Family
Savills Investment Management has launched its second UK-focused fund backed by the family office of ARA Asset Management founder John Lim, this time for a build-to-rent development strategy.
The fund aims to raise £200 million ($241 million) for development of… Read More>>
Savills IM Fund Backed by ARA’s Lim Family, Straits Trading Acquires 4 UK Assets
A Savills Investment Management fund backed by the family office of ARA founder John Lim and Singapore conglomerate Straits Trading has acquired four UK assets for £75 million ($97.6 million), according to a statement last week.
The four retail parks,… Read More>>
HKRI Selling Tokyo Multi-Family Assets for $30M
Hong Kong developer HKR International has agreed to sell two Tokyo residential buildings for JPY 3.49 billion ($30 million), adding to a string of recent property disposals by HKRI in Japan.
The properties are a seven-storey, 22-unit building called Souei… Read More>>
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