Country Garden has agreed to sell its stake in a Guangzhou commercial building to a government owned company in a $387 million deal, with that story leading Mingtiandi’s headline roundup today. South Korea’s second-biggest financial group also makes the list,… Read More>>
Asia Real Estate People in the News 2024-03-25
The latest top-level change at a Canadian pension fund manager leads this week’s roundup of personnel moves in the real estate industry, with reports from the US indicating that new leadership is on the way at Canada’s CPPIB. Also making… Read More>>
Blackstone Seeks to Double India Logistics Portfolio and More Asia Real Estate Headlines
Blackstone leads Mingtiandi’s collection of headlines from around the region with a plan to double its investment in India logistics with an eye to taking the business public. Also making the list, China’s Country Garden posts its biggest sales drop… Read More>>
GIC Buys 25% of A$4.3B Sydney Office Fund From Lendlease, CPPIB
GIC is acquiring just over a quarter stake in a A$4.3 billion ($2.9 billion) Sydney office fund from Australia’s Lendlease and Canada’s CPPIB, according to an announcement by the Singapore sovereign wealth fund.
The purchase gives the Singaporean sovereign wealth… Read More>>
CPPIB, QuadReal Set Up €2 Bil European Logistics JV with GLP
Canadian pension fund managers CPPIB and QuadReal, together with warehouse developer Global Logistic Properties, have established a €2 billion ($2.29 billion) venture to invest in European logistics facilities, the three companies revealed in a joint announcement today.
Together the partners… Read More>>
CPPIB Commits $500M to India Logistics JV With IndoSpace
The Canada Pension Plan Investment Board (CPPIB) is investing $500 million into a logistics real estate joint venture in India in the Canadian fund manager’s latest commitment to the subcontinent.
CPPIB is investing the funds as an initial commitment to… Read More>>
CPPIB Spends More Than $680M On Chinese Retail In Two Weeks
The Canada Pension Plan Investment Board is creating its own version of the holiday shopping rush — and it’s buying out the whole mall. The fund manager reached its third deal to invest in mainland retail real estate in two weeks… Read More>>
CPPIB Invests $375M In CapitaLand’s Latest China Property Fund And More Asia Real Estate Headlines
In the news on this day, Canada’s largest pension fund is putting more money in China after agreeing to invest in CapitaLand’s $1.5 billion Raffles City China Investment Partners III fund. Also of note, Anbang sees another US hotel deal… Read More>>
GLP and CPPIB to Set Up $2B Japan Logistics Fund
Another $2 billion could be headed into Japan’s logistics real estate markets over the next three years following a new agreement between Global Logistic Properties (GLP) and the Canada Pension Plan Investment Board (CPPIB).
GLP, which is already the region’s… Read More>>
Goodman and CPPIB Boost China JV Capital to $2B
Goodman Group and Canada Pension Plan Investment Board (CPPIB) announced today that they are adding $500 million more in equity to their China joint venture, as investors continue to be encouraged by the returns from China’s logistics real estate sector.
In… Read More>>