M&A

The ECM market performed the strongest in Q1, with Hong Kong leading the way, while Apac (ex Japan) M&A fees fell 47%.

As Japan M&A deals increase, Rintaro Hirano is joining the international law firm at the end of April from Nagashima, Ohno & Tsunematsu.

Safeway Concessions has been sold to VINCI Highways, a subsidiary of VINCI.

Two M&A deals in Australia’s financial services sector hit major turbulence in March, underlining some of the recent challenges in completing deals, including higher interest rates and the war in the Middle East.

Anders Svensson is joining the bank in Sydney from Morgan Stanley.

Recent deals have involved hotel, food delivery and energy assets from firms in Vietnam, Taiwan, Japan and Thailand. Japanese corporates are seeking diversification in western markets.

Despite growing investor confidence, a challenging fundraising environment in the region persists. The role of AI in deals is gaining in importance.

Advancing its portfolio rejuvenation strategy, CLAR is expanding its logistics and business space presence in Singapore while marking a strategic entry into the Japanese hyperscale data centre market with three DPU-accretive transactions.

The Rava Partners-backed platform adds 550 keys across eight prime Tokyo districts, boosting its global AUM to over $1.1bn as institutional appetite for Japan’s rental housing sector intensifies.