Arch Capital Management is buying Anson House in Singapore for S$210 million ($152 million), according to market sources.
A sale and purchase agreement is due to be signed this week, with Arch acting on behalf of an unnamed German fund,… Read More>>
Asia Real Estate People in the News 2019-06-17
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>>
Savills Investment Management Appoints Alex Jeffrey as Global CEO, Based in Singapore
Savills Investment Management has appointed Alex Jeffrey as its new chief executive officer ending a period of transition in the real estate investment firm’s management which has endured since global CEO and chairman Justin O’Connor quit the UK firm in… Read More>>
Mainland Coffee Startup Raises $200M at $2.2B Valuation and More Asia Real Estate Headlines
Starbucks may have a new competitor in the competition to satisfy China’s caffeine addicts after an up and coming mainland coffee shop chain announced today that it had raised another $200 million. Also in the headlines, Savills Investment Management has… Read More>>
Shu Qi Buys $16M Hong Kong Apartment and More Asia Real Estate Headlines
Movie stars finally make their way into Mingtiandi today as Taiwanese glamour gal Shu Qi gives a low-key celebrity endorsement to a Hong Kong project with her recent HK$127 million purchase of a home in the mid-levels tower. Meanwhile, Swire… Read More>>
Savills IM Chief Justin O’Connor Quits One Month Before Move to Hong Kong
The challenges of finding a new home in Hong Kong may be too much even for top property fund managers as Savills Investment Management’s chairman and chief executive Justin O’Connor announced his resignation yesterday, just one month before he was… Read More>>
Asia Real Estate People in the News 2018-06-11
Intercontinental moves dominate this week’s roundup of people news, with a real estate investment specialist leaping from London to Hong Kong to take on a new challenge, and a Vietnam-based agency veteran decamping for the UK. A Chinese co-working provider… Read More>>
Wanda Launches Nanjing Theme Park and More Asia Real Estate Headlines
Leading today’s roundup, Dalian Wanda Group may have stepped back from its ambition to crush Disney in China’s theme park market, but that hasn’t stopped the developer from launching a 34,000 square metre indoor amusement park designed by KCC Entertainment… Read More>>
Savills Investment Management Looks to China’s Smaller Cities for Big Growth
Savills Investment Management is part of a UK property firm founded more than 150 years ago, so it may have given the market a surprise in January when the asset management arm of the London firm announced that its global… Read More>>
Savills IM Targets $500M for New Japan Fund and More Asia Real Estate Headlines
At the top of today’s news, a global real estate investment manager is seeking to raise $500 million for a new property fund targetting major cities in Japan, while another investment heavyweight has picked up an office building in downtown… Read More>>
