Jones Lang LaSalle has been mandated to sell the hotel component of the massive International Finance Centre in Seoul for as much as $450m in a deal that would see AIG’s legacy real estate in Asia whittled down further.
2 min read · 18 September 2014
Europe had the largest fund to close so far for 2014
1 min read · 17 September 2014
The chief executive officer of Aviva Investors’ Asian real estate business is expected to hand over the leadership of the $1 billion platform to JPMorgan Asset Management’s David Chen when the takeover completes next month.
2 min read · 17 September 2014
Paris-based investment firm Tikehau will directly offer real estate and other investment products from its Singapore office.
2 min read · 16 September 2014
The largest US pension plan expects to make one of its largest-ever annual allocations to real estate during its new fiscal year.
3 min read · 16 September 2014
After agreeing to comprehensively restructure Winnington Capital’s troubled China-focused property development fund last September, the swap of its minority stakes in five developments for a majority stake in one of them has finally concluded.
2 min read · 11 September 2014
2014 may be a downturn for China-focused fundraising
2 min read · 10 September 2014
Real estate investment in China’s smaller cities is shrinking as a consequence, delegates at Cambridge University’s International Real Estate Finance and Investment Conference held in Hong Kong heard today.
2 min read · 09 September 2014
After almost four years with the New York-based investment firm, Douglas Smith has left to pursue another opportunity. He is understood to be remaining in Tokyo.
1 min read · 08 September 2014
In its mid-year real estate outlook, Deutsche Asset and Wealth Management lists offices in Korea, Australia and Tier 1 China as offering high single-digit returns, while strong rental growth prospects will be found in Hong Kong and Singapore.
3 min read · 05 September 2014