Asia-Pacific

BlackRock makes strategic changes for its Asia real estate fund

With a focus on transparency and liquidity, Fund VI will exclude Hong Kong and China, and will further limit exposure to the office sector.

CBRE IM names Glanzman, GIC’s Gallistel co-CEOs as Hourihan exits

The New York-based firm has tapped its president and GIC’s Americas real estate head for the top roles while parting ways with its current CIO.

Starwood-led group makes $7bn ESR takeover bid

ESR shareholders Warburg Pincus and Qatar Investment Authority have joined the consortium in its updated bid for the Asian logistics giant.

Fortress gives a kitsch Japanese icon a lifeline

A new chapter begins for the Fukushima-based hotel and water park, following a $100m offer from the New York-based manager.

Deep Dive: Distress takes an unexpected turn

Opportunities are emerging from troubled assets or owners, but they are not what the industry had anticipated.

Roundtable: Fundraising challenges ease in Asia-Pacific

Real estate investment activity in the region is ramping up, but China remains off the radar for investors

ADIC Asia head to lead Warburg, Lendlease JV

Bart Price, the sovereign wealth fund’s head of growth markets real assets, will join as chief executive of the platform by early next year, PERE understands.

Australian superfund regulators increase unlisted asset scrutiny

APRA will soon publish a review into how superfunds value unlisted assets, with ASIC supporting the work as it considers systemic risk to the wider financial system.

Future Fund to consider housing investments under new mandate

For the first time, the Australian government has directed the superannuation fund to target specific asset classes when making investments.

Hongkong Land hires its first CIO from Mapletree

The appointment comes as the firm plans to more than double its assets under management to $100bn including third-party capital.