September 2013 | Asia Property

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Redwood joins rush to buy into Asia’s new logistics boom

 Sam Zell’s company backs Redwood’s ambitions, as Carlyle and Towsend find partner to target logistics  The Asian logistics real estate market has become red hot in the past few...

Diary

Sliding Rupee turns Farallon’s deals into a load of Indiabulls

Farallon Capital invested INR8.47bn ($127.8m) in seven Indiabulls ventures between 2006 and 2008 and the US investment manager recently sold the stakes to Indiabulls for INR11.72bn – making a profit of...

Market Talk

Government Measures Affect the Transaction Pipeline

“In AsIa we anticipate a reductIon in actIvIty In Hong Kong and SIngapore, as the latest government measures affect the transactIon pipelIne for the second half” Jeremy Helsby, chief executive...

Market Talk

Reforms intended to kick-start investment

“It is a year since  announced reforms intended to kick-start investment, including the lIberalisation of foreign investment in a range of sectors. We warned that the changes would be slow...

Diary

Colliers’ gain may be no loss for C&W after team switches sides

Last month, Colliers International announced with a great fanfare that it had recruited a 14-strong team from Cushman & Wakefield. Surely C&W would be gutted by this? It appears not....

Research

Research - In Brief

• Asian real estate equities’ performance remained marginally positive in August, up 0.1%, according to the FTSE EPRA/NAREIT Developed Asia Index, compared with a 6.2% fall in North America and...

Companies & People

Crichton arrives at Farpoint of Indonesia

Farpoint Prima, a real estate subsidiary of private Indonesian conglomerate Gunung Sewu Kencana, has appointed Dougie Crichton as managing director, working on the firm’s office portfolio and planned fund management...

News

Nan Fung seals Treasury men’s Forterra stake

Nan Fung has completed the acquisition of a 26.9% stake in Forterra Trust and 100% of the business trust’s management company. The Hong Kong developer purchased the stake in Forterra,...

News

In Brief

GreenOak’s Japanese offshoot grows to $260m final closing… GreenOak Capital Investors, the fund manager founded by former Morgan Stanley Real Estate Investing heads Sonny Kalsi, John Carrafiell and Fred Schmidt,...

News

Mapletree beats $1bn target in speedy closing for China fund

Firm’s second China opportunity fund reaches $1.4bn closing in just 10 months  Mapletree Investments has raised a total of $1.4bn for its latest China fund. The new vehicle, Mapletree China...

News

Bright Ruby splashes S$1bn in Singapore

Chinese investor builds up Singapore presence with purchase of Grand Park Hotel and Orchard Road mall  Chinese investor Bright Ruby has spent nearly a billion dollars on a single Singapore...

News

Blackstone to take Hong Kong’s Tysan private

Blackstone Group is set to take Hong Kong-listed development and construction company Tysan Holdings private after a HK$2.5bn ($322.3m) cash bid. The bid is backed by Blackstone’s new Asia real...

Research

Prime Asian Rents and Yields, Q2 2013

Office rents have been flat in many markets and remain unchanged from Q1 figures, while retail rents have dipped in Sydney, Singapore and Kuala Lumpur  

News

Koreans team up for M&S purchase

Korean investors have bought retailer Marks & Spencer’s London HQ for £207m ($322m) from Irish investor D2 Private. The Korean consortium was advised by Gaw Capital Partners and included Hyndai...

Comment

It’s crunch time for China’s developers

Government moves to restrict non-bank organisations’ lending has led to a credit crunch for China’s developers. While the top players look strong enough to survive, smaller companies may fall victim...