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Michelle Phillips

Manohar Khiatani has assumed his new role as group president and chief executive of Singapore-based Ascendas, stepping down from his current role as chief executive of Ascendas’ parent.
Morgan Stanley’s real estate multi-manager arm has re-hired Jon Sandstrom to be its Asia head, following a two-year stint at GTIS.
The real estate arm of the Swiss bank has hired Trevor Cooke to head its global real estate team for the Asia-Pacific region.
‘Good potential’ for private equity investment to keep growing in the hospitality sector, with Southeast Asian countries such as Cambodia seeing 25 percent growth in tourism, according to global property services firm Jones Lang LaSalle.
Two transactions mean the Hong Kong- and Singapore-focused private equity real estate firm is close to having committed 70 percent of the equity of its $209 million Pamfleet Real Estate Fund - but it should be able to recycle some capital from early exits.
Asian real estate investors and developers score below the global average on sustainability measures, but a select few investors – especially private investors – are pushing environmental, social and corporate governance standards in real estate aggressively.
Foreign institutional investors are beginning to return to Asian real estate with renewed interest, but are more cautious of taking inordinate risks, delegates heard at the APREA Property Leaders Forum heard today.
Industry veteran Sam Zell warned the APREA Property Leaders Forum 2013 today that a lack of natural resources in Asia could undermine the region’s real estate markets.
China’s residential home prices are growing at close to inflationary levels. Moonbridge Capital’s Tim Jowett thinks that infers private equity real estate investors would have to work harder to get returns - but face less risk in getting them.
LaSalle Investment Management has received a license to conduct its asset management business in the country, which will give the firm access to the country’s institutional investors for fundraising and deals.
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