Australian housing prices have fallen by nearly a tenth in the past 12 months, but rising construction costs and scarce credit mean that the country’s housing shortage continues, with panelists in an industry forum on Thursday seeing opportunities for experienced… Read More>>
Nuveen, Phoenix, GreenFort and Scape Explore Australia to Close Out Residential Forum
The fourth and final session of Mingtiandi’s APAC Residential Forum journeys to Australia on Thursday for a panel discussion examining the country’s investment market for living spaces.
Mingtiandi founder Michael Cole will host four experts on residential investment Down Under:… Read More>>
Bouwinvest, TIAA Boost Nuveen Japan Housing Fund to $100M First Closing
Nuveen Real Estate has achieved a $100 million first closing of its Japan Alternatives Living strategy, which will focus on stabilised senior housing assets and also consider investments in the student accommodation, single family and co-living sectors.
Having recruited Dutch… Read More>>
How the Shanghai Govt Bailed Out Greenland Group and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, fresh details emerge about how Shanghai-based developer Greenland dodged default with government help, the slump in China home prices accelerates despite easing measures, and investors clear the way for PropertyGuru’s SPAC-led debut on… Read More>>
JP Morgan, Nuveen Complete $944M Purchase of SG Office Tower From CICT and FWD
JP Morgan Asset Management and Nuveen Real Estate have announced the acquisition of their respective half-stakes in a Singapore office building for $472 million each, confirming a mid-November Mingtiandi report.
The pair of US-based fund managers picked up their partial… Read More>>
Nuveen Real Estate Hires David Chan to Lead Greater China Deals
Nuveen Real Estate continues to grow its business in the region with the property investment division of US financial giant TIAA having recently hired a former Phoenix Property Investors executive to lead its Greater China operation.
David H Chan joined… Read More>>
JP Morgan, Nuveen Buying SG Office Tower From CICT and FWD for $950M
SGX-listed CapitaLand Integrated Commercial Trust and insurer FWD Group have agreed to sell their respective half-stakes in a Singapore office building for a total consideration of S$1.28 billion ($950 million), with a Mingtiandi source identifying the buyer as a joint… Read More>>
Nuveen Real Estate APAC Head Nick Evans Leaves Firm After 15 Years
Nuveen Real Estate’s executive roster in Asia Pacific continues to evolve, this time with the departure of Nick Evans from his post as managing director and head of Australia and APAC real estate.
The fund manager confirmed to Australian media… Read More>>
Nuveen Commits to Net Zero Carbon by 2040 and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, London-based real estate investment manager Nuveen pledges to zero out carbon in its portfolio by 2040, India’s Godrej Properties raises more than half a billion dollars through a share placement, and a former… Read More>>
Nuveen Promotes Louise Kavanagh to CIO, Fund Management Head for APAC
Global investment manager Nuveen on Friday announced a renewed leadership line-up in Asia Pacific for its real estate platform, part of a broader global shift towards a sector-based organisation model.
The subsidiary of US financial services provider TIAA promoted Louise… Read More>>