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MidlandGate Perth

PAG Buying Perth Mall From CPPIB-Backed Fund After Price Slides 25%

2023/09/21 by Michael Cole Leave a Comment

Asian private equity powerhouse PAG has made its second opportunistic property purchase in Australia within less than two months with the pick-up of Perth mall for a figure said to be around a quarter less than what its owners were… Read More>>

Lincoln Pan PAG

PAG Buying Aussie Pub Player AVC From KKR

2023/08/27 by Christopher Caillavet Leave a Comment

Asian private equity major PAG has agreed to acquire buyout giant KKR’s controlling interest in Australian Venue Co, an operator of pubs, restaurants and event spaces, for an undisclosed amount.

AVC owns and operates a portfolio of more than 210… Read More>>

Goldin Financial Global Centre 1

PAG Confirms $1.8B Fund as Largest APAC Core-Plus/Value-Add Vehicle This Year

2023/08/08 by Michael Cole Leave a Comment

PAG Real Assets on Tuesday confirmed its $1.8 billion final closing on its PAG Real Estate Partners Fund III (PREP III), with the real estate and digital infrastructure division of one of the region’s largest private equity firms declaring a… Read More>>

44 Market Street Sydney

PAG Completes $258M Sydney Office Buy, Hits $1.8B Close on Core-Plus/Value-Add Fund

2023/08/07 by Michael Cole Leave a Comment

PAG has acquired an office tower in central Sydney for A$393.1 million ($257.8 million), with the Asian private equity major taking advantage of a downturn in the Aussie market to pick up the property at a discount.

The Hong Kong… Read More>>

Lawrence Wong Singapore

Asia Real Estate People in the News 2023-07-10

2023/07/10 by Michael Cole Leave a Comment

Some new management at Singapore’s sovereign wealth fund leads this week’s set of real estate personnel moves from around Asia, as well as an executive from APG leaving Hong Kong for the Lion City. Also making the list is some… Read More>>

PAG chairman Weijian Shan

PAG’s Weijian Shan Takes Audience Inside the ‘Money Machine’ at Hong Kong Forum

2023/06/28 by Christopher Caillavet Leave a Comment

In a keynote interview Tuesday at Mingtiandi’s Hong Kong Focus Forum, PAG co-founder and chairman Weijian Shan held the house rapt with his tale of helping lead the only takeover of a mainland Chinese bank by a foreign company.

The… Read More>>

Weijian Shan, PAG

PAG Chair to Share How a US PE Firm Bought Control of a Chinese Bank at HK Forum

2023/06/07 by Michael Cole Leave a Comment

PAG executive chairman and co-founder Weijian Shan will appear in a spotlight interview at the Mingtiandi Hong Kong Focus Forum on 27 June. Tickets to the event are available via the Register link below while supplies last.

Since China reopened… Read More>>

Graeme Torre APG

Hear From Blackstone, Swire and APG at Mingtiandi’s Hong Kong Forum on 27 June

2023/06/05 by Michael Cole Leave a Comment

More than 250 senior real estate executives from around Asia Pacific are expected to attend the Mingtiandi Hong Kong Focus Forum on 27 August, as more speakers join the roster of industry stars appearing at the on-location event.

Just this… Read More>>

Weijian Shan, PAG

PAG Chairman Shan Weijian to Headline Mingtiandi Hong Kong Forum on 27 June

2023/05/29 by Michael Cole Leave a Comment

Hong Kong is ready to host its biggest institutional real estate event since 2019 as Mingtiandi welcomes Asia’s top property executives to its first forum in the city in nearly four years.

The Mingtiandi Hong Kong Focus Forum 2023 features… Read More>>

Villa Ellenbud

PAG’s Chris Gradel Buys Hong Kong Villa for $70M and More Asia Real Estate Headlines

2023/05/25 by Christopher Caillavet Leave a Comment

In today’s roundup of regional real estate headlines, a key figure at private equity firm PAG snaps up a century-old Hong Kong villa, and Dalian Wanda denies reports that it plans to sell up to 20 malls in China. Also… Read More>>

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People in the News

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People in the News

Hongkong Land Names Mapletree’s Smith Chief Executive as Office Slump Continues

Michael Smith Hongkong Land

The biggest landlord in Hong Kong’s Central district is headed to a second straight year of declining profits and the … Read More>>

New World’s Henry Cheng Says Searching for Successor, May Opt for External Candidate

Cheng Kar-Shun, NWD

Hong Kong property and retail tycoon Henry Cheng Kar-shun says he is still looking for a successor to run the family’s … Read More>>

Blackstone in Need of New CEO for India Industrial Platform as Rahul Pandit Departs

Rahul Pandit

Having established a portfolio of 17 industrial developments across eight major markets in India, Blackstone is looking … Read More>>

Asia Real Estate People in the News 2023-11-20

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India’s de facto sovereign fund leads this week’s review of personnel moves from around the region with news reports … Read More>>

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