Real Estate

Asian Real Estate Fund Launched by Blackstone

A brand new real estate fund focusing on Asia is being launched by Blackstone Group LP, in order to seize a “golden moment” to buy and sell property in the Asian Property market. Blackstone, now the largest private real estate firm in the world, with US$53.5 billion of property assets under management was founded byStephen Schwarzman and Peter Peterson in 1985 “Right now we are offering an Asian real estate fund. There is not another pan-Asian real estate fund in existence,” Blackstone President Tony James told the Goldman Sachs financial services conference in New York, without offering details on the new fund

Published

8 years ago

December 6, 2012

Daniel Lorenzzo

A brand new real estate fund focusing on Asia is being launched by Blackstone Group LP, in order to seize a “golden moment” to buy and sell property in the Asian Property market.

Asian Real Estate Fund Launched by Blackstone Blackstone, now the largest private real estate firm in the world, with US$53.5 billion of property assets under management.

“Right now we are offering an Asian real estate fund. There is not another pan-Asian real estate fund in existence,” Blackstone President Tony James told the Goldman Sachs financial services conference in New York, without offering details on the new fund.

Even though it makes up about a quarter of its assets, real estate is Blackstone’s most profitable business, accounting for close to half its profit in the third quarter. In October, the New York-based firm said it had raised US$13.3 billion for its latest global property fund, the largest opportunistic real estate fund ever.

Real Estate

How COVID-19 regulations are changing landlord-tenant dynamics

The negotiations are dependent on the circumstances of each landlord and tenant, with landlords attempting to strike a balance between maintaining earnings and supporting tenants through the crisis period to sustain occupancy levels and income over the longer term.

Published

3 months ago

October 26, 2020

Daniel Lorenzzo

Hastily enacted regulations addressing a fast-unfolding pandemic have introduced a layer of complexity around leases between tenants and landlords.

(more…)

Real Estate

Why 5G is racing ahead in Asia

Hong Kong, Seoul, Sydney, Taipei, Manila, Tokyo and Shenzhen have already introduced 5G networks. In May, Bangkok became the first city in Southeast Asia to roll out a 5G network, while Singapore in August started a six-month trial.

Published

4 months ago

October 12, 2020

Daniel Lorenzzo

Governments and businesses are keen to take advantage of 5G technology like High-speed connectivity, reduced latency and greater reliability

Asia Pacific is leading the charge for the next generation of mobile connectivity. Major cities across the region are rolling out 5G networks this year, which are poised to reshape connectivity and big data with blazing-fast download speeds.

(more…)

Environment

Real estate Sustainable development spurred by COVID-19 pandemic

There is an increasing awareness of the environmental impact of real estate: the World Green Building Council suggests that buildings are responsible for upwards of 40% of the world’s greenhouse gas emissions.