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>>
Evergrande Tells Wealth Management Clients to Wait and More Asia Real Estate Headlines
The top stories of 2022 continue some top themes of the old year, with China Evergrande telling investors in its wealth management products that they will have to wait for repayment and mainland developers facing near $200 billion credit obligations… Read More>>
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