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 […]
宏璟（Arch Capital） 聯合收購4.5億美元台灣購物中心
總部位於香港的宏璟置業有限公司（Arch Capital Property Advisors）已將其投資擴展到台灣的商業領域，該公司代表一名未披露身份的機構投資者與台灣不動產投資信託樂富一號不動產投資信託基金（Millerful REIT No.1）合資以總價138億新台幣（約4億300萬美元）位於位於桃園購物中心（Taping）購物中心的農業購物中心收購（Taping Street）。 台茂是桃園地區最大的購物中心，總建築面積約10萬平方公尺（176萬平方英尺），總共有300多個零售租戶。購物中心還設有電影院、娛樂中心和小型體育中心。 台茂總建築面積約10萬平方米，總共有300名零售租戶。 （圖片來源：IPTC） 在新興市場搶購優質資產 宏璟置業的董事總經理周建華（James Chou）表示，這是“一個難得的機會可以收購一項優質的零售資產，從而在長期內提供穩定的收入和持續的收入增長潛力。” 宏璟置業在此交易中作為其所代表的機構投資者的投資顧問，並將負責所收購商場的管理和營運。 樂富一號在台灣證券交易所上市，其投資組合主要集中在台灣的商業地產，並計劃在台灣購買更多的購物中心、辦公大樓和酒店。今年早些時候，標普給予其以A+長期信用評級，稱該公司將產生相對穩定的營運現金流，並將債務保持在可控水平。 宏璟置業的周建華預計台茂“收入持續增長” 周先生表示，桃園作為台灣國際機場所在地且“附近高科技和製造業企業集聚”，將有助於桃園人口增長，從而確保該購物中心有廣泛的客戶群，“這將繼續為台茂貢獻穩定和持續的收入增長。” 宏璟試水台灣商業 宏璟置業的母公司宏璟資本（Arch Capital Management）的首席執行官餘華軸（Richard Yue）表示，這項投資“非常符合我們客戶的核心投資策略和投資組合”，並表示該筆交易是“近年來外國機構投資者在台灣最大的房地產投資”。 在收購台茂之前，宏璟資本在台灣的投資僅包括一個合資的住宅項目，該項目有270套住宅，目前正在開發中。 宏璟資本為一些全球機構投資者在中國和亞太地區尋求非公開市場收購機會。根據該公司網站訊息，宏璟資本管理的總資產為14億美元，總開發價值為120億美元。
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 […]