Cushman & Wakefield has promoted Asia Pacific boss Matthew Bouw to an expanded brief as the consultancy’s chief executive of APAC and EMEA, effective from the first of May.
In his new role, Bouw will oversee “a single operating model”… Read More>>
Korean Video Game Firm Plots $563M Sale of Seoul HQ and More Asia Real Estate Headlines
Today’s Mingtiandi headline roundup kicks off with sale efforts for two Seoul office towers, including the headquarters building of video game giant Netmarble. Also in the news, Hong Kong shop fund Bridgeway continues to unload retail properties at a loss… Read More>>
Mapletree Sells Scotland Student Housing to Dutch Fund Manager
Singapore’s Mapletree Investments has sold two purpose-built student accommodation assets in Scotland to Dutch fund manager CVC DIF for an undisclosed price, as the Temasek-owned property group continues to reconfigure its UK student housing portfolio.
CVC DIF acquired the 356-bed… Read More>>
Brookfield Expands APAC Logistics Strategy with $588M New Zealand JV
Canada’s Brookfield Asset Management on Monday said it will expand its Asia Pacific logistics bets with a NZ$1 billion ($588 million) logistics joint venture in Hamilton, New Zealand.
The world’s second-largest real estate fund manager is tying up with Tainui… Read More>>
Manulife IM Buys Sydney Logistics Park From KKR, Centennial for $35M
Australian warehouses continue to be a top target for institutional investors with Manulife Investment Management announcing on Monday that it has acquired a logistics park in suburban Sydney.
The wealth management unit of Canada’s largest insurer purchased 243 Forrester Road… Read More>>
Emperor Group Consolidates Site for 62-Home Project in Hong Kong’s Sai Ying Pun
Emperor International, the listed development subsidiary of Emperor Group, has consolidated a project in Hong Kong’s Western district with plans to build 62 new homes in the Sai Ying Pun neighbourhood.
On Wednesday, Emperor agreed to acquire the space it… Read More>>
EQT Appoints Former KKR J-REIT Exec to Lead Japan Real Estate Business
Three years after spending $7.5 billion to buy a presence in Asia Pacific’s real estate investment universe, Swedish private equity player EQT has named a new head for its Japan property business.
The Stockholm-based investment manager hired Michio Matsumoto, formerly… Read More>>
ESR, Xander Said Marketing India Logistics Assets and More Asia Real Estate Headlines
India’s rising property values lead today’s review of real estate news from around Asia, as ESR and Xander Investment Management are said to be shopping logistics portfolios at healthy prices. Also making the list is a $7 billion fund raising… Read More>>
Distressed Mainland Tycoon Sells Condo on Hong Kong’s Peak for $66M
A decade after buying Asia’s priciest condo, a mainland tycoon who defaulted on loan obligations linked to his purchase of a Quarry Bay office complex has sold the home on Hong Kong’s Peak for HK$512 million ($66 million), according to… Read More>>
Sino Chairman Robert Ng, Children Named Under Singapore Foreign Influence Law
Singapore is set to declare one of its wealthiest property tycoons and three of his children as “politically significant persons” under a law designed to prevent foreign meddling in the country’s politics.
In a statement on Monday, the island nation’s… Read More>>
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