The Canada Pension Plan Investment Board reported a net return of 8 percent for the fiscal year to the end of March as net assets rose nearly 11 percent to C$632.3 billion ($462.6 billion).
The annual results for fiscal 2024… Read More>>
Asia real estate and outbound investment news
The Canada Pension Plan Investment Board reported a net return of 8 percent for the fiscal year to the end of March as net assets rose nearly 11 percent to C$632.3 billion ($462.6 billion).
The annual results for fiscal 2024… Read More>>
Cromwell Property Group has agreed to sell its European fund management platform and interests, including Cromwell European REIT, to Swiss investment firm Stoneweg for €280 million ($457 million), as the ASX-listed company carries out a plan to simplify its business… Read More>>
Ichigo Office REIT is acquiring three office assets in central Tokyo and three in central Fukuoka for a total of JPY 15.4 billion ($99 million), with the purchase to be funded using proceeds from the recent disposal of two properties.
With shares of Cushman & Wakefield up more than 40 percent in the past 12 months, Texas-based TPG and Hong Kong’s PAG plan to sell their entire shareholding in the global property consultancy, despite the stock remaining 38 percent below… Read More>>
PAG on Monday announced the closing of its maiden fund focused on renewable energy, with the pan-Asian private equity firm having won $550 million in committed capital for the new vehicle.
PAG REN I will focus on investing in physical… Read More>>
Acquisitions of income-generating real estate in Asia Pacific dipped 13 percent in the first quarter compared with the same period a year ago, falling to $31.3 billion despite big-ticket office deals buoying regional standouts South Korea and Japan, according to… Read More>>
Brookfield India Real Estate Trust has agreed to acquire a 50 percent interest in four commercial properties in Delhi and Gurugram from Bharti Enterprises for INR 60 billion ($720 million).
The REIT sponsored by Canadian giant Brookfield will assume debt… Read More>>
Singapore’s Mapletree Investments has closed on its second Japan logistics development fund with a goal of achieving assets under management of over JPY 110 billion ($710 million) after full deployment and completion of projects.
The unit of Temasek Holdings raised… Read More>>
Singapore’s ST Telemedia Global Data Centres has formed a joint venture with Vietnamese tech unicorn VNG Corporation for the development, construction and operation of server-hosting facilities totalling nearly 70 megawatts in Ho Chi Minh City.
The partnership encompasses a functioning… Read More>>
City Developments Ltd has completed its acquisition of a Paris hotel from funds managed by Blackstone for €240 million ($260.9 million), giving the Singaporean property giant a centrally located lodging asset just in time for the Olympic Games this summer.