Singapore-listed Ascendas REIT is selling a logistics center just outside Shanghai to Goodman Group as the Australian industrial developer expands its China portfolio. Ascendas REIT, also known as A-REIT, said in a filing to the Singapore Stock Exchange last week… Read More>>
SG and HK Markets Locked in Race to the Bottom Say Experts
Singapore is a prime new investor target, according to two reports from private equity real estate investment firms experienced in the region. But that news isn’t all good for the city-state. The opportunity is present because office and residential prices… Read More>>
GLP Appoints New Mainland Leadership as Yang Steps Down as China Chief
Global Logistic Properties (GLP) today announced Teresa Zhuge and Victor Mok as Co-Presidents of the company’s China business following a decision by Kent Yang, President of GLP China, to leave his role as president of the Singapore-based warehouse developer and… Read More>>
BlackRock Confirms Sale of Asia Square Tower 1 for S$3.4Bil
BlackRock has confirmed the sale of Asia Square Tower 1 to the Qatar Investment Authority (QIA) for S$3.4 billion ($2.45 billion). The US alternative investment manager and the Qatari sovereign wealth fund announced the sale in a joint release this… Read More>>
Morgan Stanley Veteran Noah Wangh Joins Invesco Real Estate in Hong Kong
Veteran real estate investment executive Noah Wangh has joined Invesco Real Estate as the US asset management firm’s Acquisitions Director for Asia and Head of Acquisitions for Hong Kong.
Wangh, who formerly served as an executive director and head of… Read More>>
Ping An Strikes 2nd Sydney JV with Australia’s Mirvac Group
Ping An Insurance Group, one of China’s five largest insurers, has struck a second residential development joint venture with leading public-listed Australian real estate group, Mirvac, five months after their first joint venture agreement.
In the new deal, Ping An Real Estate,… Read More>>