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Paul House ARA Venn

ARA European Real Estate Debt Fund Raises €200M

2020/07/02 by Jonathan Burgos Leave a Comment

ARA Venn, the European real estate debt fund manager controlled by ARA Asset Management, said yesterday it has raised €200 million ($225 million) for Venn Commercial Real Estate Fund II (VeCREF II), marking an initial closing for its first investment… Read More>>

Francois Trausch Allianz

Allianz, Korea’s NPS Set Up $2.3B APAC Real Estate Core Fund

2020/06/29 by Michael Cole Leave a Comment

Two of the most active investors in Asia Pacific’s real estate sector have established a $2.3 billion joint fund aimed at acquiring a portfolio of core properties in the region, according to an announcement today.

Europe’s Allianz Real Estate, which… Read More>>

John Pattar KKR

KKR Raises $698M for Asia Real Estate Partners Fund

2020/06/27 by Mingtiandi Team Leave a Comment

Private equity pioneer KKR has raised nearly half of the $1.5 billion in capital that it has been targeting for its first real estate fund focused on Asia, according to a recent SEC filing.

The New York headquartered firm has… Read More>>

Adrian Baker CBRE GI

CBRE Global Investors Completes JPY 140B Sale of Japan Logistics Portfolio

2020/06/27 by Mingtiandi Team 1 Comment

CBRE Global Investors last week announced that it has completed a JPY 140.4 billion ($1.31 billion) sale of all assets from a Japanese logistics portfolio, ending a 3-month-long series of disposals of 169 industrial properties.

Through the piecemeal sale on… Read More>>

Luckin Coffee nasdaq

Luckin Coffee Set to Delist From NASDAQ and More Asia Real Estate Headlines

2020/06/27 by Michael Cole Leave a Comment

Yet another too good to be true online-to-offline venture took its latest step into oblivion this past week as Luckin Coffee decided not to resist its delisting from the NASDAQ exchange with the latest instalment in that tale leading Mingtiandi’s… Read More>>

Sheraton Pasadena

SGX-Listed Eagle Hospitality Trust Reveals Fresh Defaults, Liens

2020/06/22 by Mingtiandi Team 1 Comment

Cash-strapped and handcuffed by the pandemic, Eagle Hospitality Trust announced its latest series of defaults and litigation in a filing to the Singapore Exchange on Sunday.

EHT, comprised of Eagle Hospitality REIT and Eagle Hospitality Business Trust, said that the… Read More>>

Mr Tan Yew Chin_CEO_CapitaLand Singapore

CapitaLand Names New Top Executives for Singapore, Vietnam

2020/06/22 by Chris Kudialis Leave a Comment

Singapore’s CapitaLand has announced promotions for a pair of its top executives that provide fresh leadership in the company’s home city, as well as in Vietnam — a key developing market for the Temasek Holdings-backed giant.

According to an announcement… Read More>>

WeWork Pottinger

WeWork Gives Up Location in Hong Kong’s Central, City Footprint Cut by 30%

2020/06/20 by Mingtiandi Team 1 Comment

WeWork continues to struggle in the world’s most expensive office market as Industry sources confirmed to Mingtiandi late this past week that the shared workspace provider has abandoned it fourth location in the city since late last year.

After having… Read More>>

ESR Jeffrey Shen

ESR Closes on $1B Korea Logistics JV with APG, CPPIB

2020/06/19 by Mingtiandi Team Leave a Comment

ESR has closed on a $1 billion joint venture with longstanding partners Canada Pension Plan Investment Board (CPPIB) and Dutch pension manager APG Asset Management to develop industrial real estate projects in South Korea, as the Hong Kong-listed logistics developer… Read More>>

Bonny Budi Setiawan

Alpha, Manulife Team with Indonesian Builder for $200M Warehouse JV

2020/06/15 by Mingtiandi Team Leave a Comment

Singapore-based Alpha Investment Partners Limited has joined forces with a subsidiary of Manulife Financial Corporation and Indonesian warehouse specialist PT Mega Manunggal Property Tbk (MMP) for a new $200 million logistics investment in Jakarta, according to an announcement to the… Read More>>

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