Asia Pacific real estate investment news and information
PAG has secured a $50 million capital commitment from the Employees Retirement System of Texas for the Hong Kong private equity firm’s third pan-Asian core-plus/value-add real estate fund.
The pledge to PAG Real Estate Partners III was disclosed in a… Read More>>
Private equity giant Blackstone secured a $200 million capital commitment for its third Asia property fund from the Virginia Retirement System in December, part of nearly $2.4 billion in fresh funds earmarked for the vehicle during the final quarter of… Read More>>
Lendlease Global Commercial REIT (LREIT) is raising its bet on suburban retail with a S$2.08 billion ($1.54 billion) deal that gives it full ownership of a mixed-used complex in Singapore’s Jurong East area.
The SGX-listed REIT has agreed to purchase… Read More>>
Canada’s Manulife Investment Management has agreed to acquire a significant minority equity position in Hong Kong-based Arch Capital Management, a private equity firm focused on real estate in Asia Pacific.
Once the deal gains regulatory approval, it will combine Arch… Read More>>
Blackstone has reached a deal with Australia’s Crown Resorts in which the US private equity titan would acquire all the listed shares of the casino operator for A$8.9 billion ($6.3 billion).
The all-cash consideration of A$13.10 per share represents an… Read More>>
US developer and fund manager Hines late last week announced the promotion of Laura Hines-Pierce to the role of co-CEO alongside current chairman and CEO Jeffrey Hines.
The change in leadership for Hines, which established its first Asia Pacific-specific pooled… Read More>>
Opponents of the proposed merger of Singapore-listed Mapletree Commercial Trust and Mapletree North Asia Commercial Trust gained an experienced ally this week in activist investor Quarz Capital Management, which is urging MNACT unitholders to reject the S$4.22 billion ($3.13 billion)… Read More>>
Global investment giant Brookfield is floating plans to spin off part of its asset management business into a separate, “asset-light” company worth up to $100 billion, according to statements by the Canadian firm’s top leadership this past week.
In a… Read More>>
Warehouse giant ESR has acquired what it describes as the largest-ever portfolio of logistics and industrial assets to be transacted in Greater Shanghai.
The Hong Kong-listed firm bought the 11-asset portfolio for an undisclosed amount in partnership with a “leading… Read More>>
Logos has acquired an industrial site in suburban Sydney and another in Melbourne under the Australian developer’s partnership with private equity major KKR and Abu Dhabi’s Mubadala Investment Company.
The partners will develop the two properties into multi-unit logistics estates… Read More>>
