ARA acquires landmark office tower in Seoul, Korea for US$897m
ARA Asset Management Limited (ARA) said that its Korea subsidiary has completed the acquisition of Parc1 Tower II, a landmark office tower in Seoul,...
U.S commercial, multifamily loan originations decrease 47% in Q3 2020
U.S. commercial and multifamily mortgage loan originations decreased 47 percent in the third quarter of 2020 compared to the same period last year, and...
Gaw Capital consortium acquires office tower in Hong Kong for US$1.27bn
Hong Kong-based real estate private equity firm Gaw Capital Partners said on Monday that, through a fund under its management, and consortium partners, including...
Singaporean firm buys land in Sydney for student accommodation
Singapore-based construction firm Wee Hur Holdings Ltd. has agreed to acquire a site at 104-116 Regent Street in Redfern, Sydney, Australia from BP Australia...
Americold buys warehouse company in New Jersey for $480m
Americold Realty Trust has acquired Hall’s Warehouse Corporation (Hall’s), a third party logistical service, storage and warehouse provider, based in South Plainfield, New Jersey for...
Ventas, GIC form research & innovation development JV
Ventas, an S&P 500 company, announced it has formed a joint venture with GIC, a global investment firm established in 1981 to manage Singapore’s...
Barings appoints Mike Freno as new CEO
Global investment manager Barings has appointed Mike Freno as chairman and chief executive officer (CEO).
Mike Freno will succeed Tom Finke who has served as chairman and...
CapitaLand to divest interest in commercial properties in China
CapitaLand, through its associates, has agreed to divest its interest in the companies which hold five business park properties and Rock Square mall in...
Blackstone appoints Eric Duchon as Global Head of Real Estate ESG
Blackstone has appointed Eric Duchon as Global Head of Real Estate ESG. Eric Duchon will work closely with Real Estate Asset Management teams across...
SL Green to sell Manhattan office property for $952m
SL Green Realty has agreed to sell 410 Tenth Avenue, the 636,000-square-foot Manhattan office redevelopment anchored by Amazon and First Republic Bank, for $952.5...
Ng Kee Choe to retire as chairman of CapitaLand
CapitaLand Limited (CapitaLand), one of Asia’s largest diversified real estate groups, headquartered and listed in Singapore, said on Tuesday that Ng Kee Choe will...
COPT, Blackstone form new $293m data center shells joint venture
Corporate Office Properties Trust (COPT) has formed a new joint venture with funds affiliated with Blackstone Real Estate.
COPT said the new joint...
