HK private equity firm buys office asset in the Philippines
Supalai Plc, a Thai listed property developer, has sold its 40 per cent stake in Petron Megaplaza, a Grade A office building in the Philippines, to Sky Megaplaza Properties Inc for 1.62 billion pesos ($31 million), according to the Philippine Competition Commission’s announcement. Sky Megaplaza Properties is a wholly-owned subsidiary of Hong Kong-based private equity […]
Phuket developer MontAzure scoops five accolades at Thailand Property Awards
PHUKET: The MontAzure development in Kamala has led the charge for Phuket developers at this year’s Thailand Property Awards, held last Friday (Sept 15) in Bangkok, by claiming the prestigious award for Best Mixed Use Development as well as the Special Recognition in Sustainable Development award. MontAzure was also highly commended in the Best Universal […]
ARCH Capital rounding out business in Bangkok and Phuket
Hong Kong-based private fund ARCH Capital Management continues expanding in Phuket and Bangkok while exploring investment opportunities in the Philippines, Vietnam and Singapore. Jonathan Umali, director for asset management, said the fund will expand new phases at MontAzure, a mixed-use luxury residential development project worth 18 billion baht on a 450-rai site on Kamala Beach […]
Thai joint venture launches luxury Kamala Senior Living project
Thai joint venture launches luxury Kamala Senior Living project Corporate September 12, 2017 15:50 By The Nation Four leading Thai property developers – Nye Estate, Chewathai, LPN Development and CH Karnchang – have announced a joint plan to launch Kamala Senior Living, a luxury retirement village that will offer its residents “a dynamic and exclusive […]
ARCH Capital’s luxury residential project in Phuket may set record prices in the Thai resort
ARCH Capital, a Hong Kong based boutique real estate equity fund, is to build a luxury residential resort on the western coast of Phuket that could set record prices for property on Thailand’s largest island. A private hillside estate villa featuring Thai contemporary design on a 10,000 square metre plot could cost as much as […]
Thailand’s most expensive villas to be built in Phuket
Phuket-based property firm Kamala Beach Resort & Hotel Management Co, a joint venture with investors from Thailand, Hong Kong and Singapore, is building the most expensive villa project in Thailand. Valued at 700 million baht, the Phuket development will be launched next month. Richard Yue, chief executive and chief investment officer of ARCH Capital Management, […]
Developers help emerging cities make their mark
When one of the world’s largest customer management services business outsourcing firms opened its 18th site in the Philippines (Philippine Economic Zone Authority-accredited MJ Corporate Plaza along Chino Roces Avenue Extension in Makati City), California-based Alorica brought the total number of its seats here to almost 29,000 thus, cementing the role of the Philippines as […]
ARCH Capital closes Fund III on $355m
The Hong Kong-based private equity real estate firm has held a final closing for its third pan-Asia opportunistic vehicle, and has already deployed 60 percent of the fund corpus. Hong Kong-based private equity real estate firm ARCH Capital has closed its third pan-Asia opportunity fund on $355 million. PERE has learnt that the firm held […]
ARCH Capital helps prop up China investment story
Like many global and local investors, ARCH Capital, a Hong Kong-based boutique real estate private equity fund management company, believes in the China story. But at a time when most investors have set their sights on hard commercial assets, ARCH, with its niche real estate development, primarily focuses on residential development. It also invests in […]
One Oasis Wins Prestigious International Property Awards and Attains LEED Certification
One Oasis successfully garners two awards of the prestigious and long established International Property Awards in the 2014 Asia Pacific regional competition. They include the Five-Star Best Residential High-Rise Development as well as the Highly Commended Residential High-Rise Architecture. Attaining these two coveted awards is indisputable evidence that One Oasis is capable of outperforming some […]