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Ming Mei GLP THUMB

GLP’s Gazeley Said Buying Goodman European Portfolio for €1B

2020/02/16 by James Hatton Leave a Comment

Singapore-based Global Logistic Properties (GLP) is reported to be buying Goodman Group’s Central and Eastern European logistics portfolio in a deal said to be worth €1 billion ($1.08 billion).

Asia’s largest warehouse developer and fund manager is said to be… Read More>>

zhang zhichao coli

Mainland Developer China Overseas Land & Investment Names New CEO

2020/02/15 by Michael Cole Leave a Comment

Hong Kong-listed mainland developer China Overseas Land & Investment (COLI) announced this month that it had named a new chief executive to work alongside chairman Yan Jianguo.

Zhang Zhichao took over as CEO of the subsidiary of state-owned giant China… Read More>>

Link Asset Management CEO George Hongchoy

Link REIT Negotiating Stake in UK Retail Landlord Seeking £1B Rescue

2020/02/10 by James Hatton Leave a Comment

The manager of Hong Kong’s Link REIT is in talks with Intu Properties to buy equity in the UK shopping centre landlord, according to an announcement by the London-listed company, as the manager of the real estate investment trust conducts… Read More>>

low chee wah frasers

Frasers Buys Manager of Singapore Mall Properties From PGIM

2020/02/10 by Michael Cole Leave a Comment

Frasers Property announced today that it has agreed to buy the property manager of a Singapore commercial real estate portfolio, picking up the company from PGIM for an undisclosed amount.

The sale of AsiaMalls Management Pte Ltd by the real… Read More>>

JLL Leads Asia Brokerage Wins with A$300M ARA Aussie Deal  Mingtiandi Broker Battle

2020/02/10 by James Hatton Leave a Comment

JLL tops the deal charts this week after its team reportedly brokered the sale of an A$300 million ($201 million) Melbourne office development to a fund managed by ARA Asset Management.

Meanwhile in Korea, Savills is closing in on the… Read More>>

Samuel WT Chu and Benjamin KY Lee

Phoenix Sells Singapore Shophouses to Aberdeen Standard for S$54M

2020/02/09 by James Hatton Leave a Comment

Phoenix Property Investors has disposed of a row of shophouses in Singapore’s Chinatown for S$54 million ($39 million), according to Aberdeen Standard Investments (ASI), which purchased the historically preserved buildings.

The asset management arm of London-listed Standard Life Aberdeen confirmed… Read More>>

Stuart Ross JLL

JLL Industrial Chief Stuart Ross Moves to Singapore for SE Asia Role

2020/02/09 by Michael Cole Leave a Comment

Southeast Asia’s e-commerce sector quadrupled from 2015 through 2018, and property consultancy JLL has taken steps to help the region’s online shopping networks find the warehouses needed to deliver a growing barrage of packages.

The company’s former head of industrial… Read More>>

stephen schwarzman blackstone

Blackstone Boosts Bid in Battle with Lone Star, Fortress for Japanese Hotelier

2020/02/03 by James Hatton Leave a Comment

Blackstone has raised its bid for Unizo Holdings to JPY 192 billion ($1.76 billion), forcing fresh moves by rivals Lone Star Funds and Fortress Investment Group in the contest for the Tokyo-listed hotelier and real estate investment firm.

Blackstone said… Read More>>

Starwood Recommits to A$485M Buyout of Aussie REIT Despite Keppel JV

2020/02/03 by James Hatton Leave a Comment

Starwood Capital Group has recommitted to its A$485 million ($326 million) bid for Australian Unity Office Fund (AOF), despite a move late last week by the REIT’s sponsor and Keppel Capital that appeared to frustrate the hostile takeover attempt.

Investor… Read More>>

Sandeep Mathrani

WeWork Names Former Brookfield Exec as New CEO

2020/02/02 by Michael Cole Leave a Comment

Shared office provider WeWork has found a new chief executive as the financially challenged company takes another step in its struggle for profitability.

Brookfield Properties executive Sandeep Mathrani will join the New York-based firm as CEO on 18 February, according… Read More>>

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