Arch Capital buys office building just west of Central for reported HK$1.9B
Arch Capital Management has agreed to acquire a commercial building in Hong Kong’s Sheung Wan area, the Hong Kong-based fund manager has confirmed to Mingtiandi, with sources familiar with the acquisition citing a price of HK$1.9 billion ($242 million) for the 32-storey block. The private equity firm co-founded by veteran Hong Kong property fund manager […]
ARCH Capital Snags Taiwan Mall for $450 Million in JV deal
Hong Kong-based Arch Capital Property Advisors has spread its investment wings into Taiwan’s commercial sphere, acquiring the Taimall Shopping Center in Taoyuan for about NT$13.8 billion ($450 million) on behalf of an an unidentified institutional investor, who partnered with Taiwanese investment trust Millerful REIT No. 1 on the deal. Taimall, the largest shopping center in […]
ARCH’s independence day
The Hong Kong-based private equity real estate firm has undergone an MBO as it readies its fourth opportunity fund. At the late stage of a market cycle, it is commonplace for investment managers to test the waters ahead of a potential sale. It is all the more remarkable, then, that Hong Kong-based private equity real […]
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 […]
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 […]
14th floor of Samsung Hub sold for $3,030 psf
The entire 18th floor of Samsung Hub has been sold at S$3,225 per square foot- the highest for an entire office floor in the 30-storey office tower in Church Street in the Raffles Place area. The building is popular among office investors due to the long tenure of the site – 999-year leasehold. Samsung Hub’s […]
ARCH Capital scores $220m first closing
Arch Capital Management, the Hong Kong-based private equity real estate firm, has raised the first $220 million for its second Asia opportunity fund. The Arch Capital-TRG Asian Partners LP fund, which is to be used to invest in China, Taiwan, Macau, Hong Kong, Singapore, Thailand and The Philippines and could be used to invest in […]