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Christopher Caillavet

KKR Japan CEO Hiro Hirano

KKR Acquires Over a Third of Japan’s Fuji Soft Amid Takeover Tussle With Bain

2024/11/08 by Christopher Caillavet Leave a Comment

US private equity giant KKR on Thursday announced its acquisition of more than a third of Fuji Soft, becoming the company’s largest shareholder and striking the latest blow in a three-month battle with rival Bain Capital for control of the… Read More>>

Ong Beng Seng

Ong Beng Seng’s HPL Buys Out Orchard Road Complex for $618M in Year’s Biggest Collective Sale

2024/11/07 by Christopher Caillavet Leave a Comment

Hotel Properties Ltd has acquired the Concorde hotel and mall complex on Singapore’s Orchard Road for S$821 million ($618.7 million), setting the stage for the property’s redevelopment amid a government-led rejuvenation drive in Southeast Asia’s best-known shopping belt.

HPL’s bid… Read More>>

Lee Chee Koon of CapitaLand Group

CapitaLand Investment Boosts Fee Income 6%, Raises $195M for SE Asia, India Funds

2024/11/06 by Christopher Caillavet Leave a Comment

CapitaLand Investment on Wednesday posted a 6 percent year-on-year rise in fee income for the first nine months of 2024, following the day-earlier announcement of S$261 million ($195.5 million) in fresh capital for the real estate fund manager’s Southeast Asia… Read More>>

Ben Martin-Henry, head of Pacific real estate research at MSCI

Australia Real Estate Trades Rose 11% in Q3 as Recovery Gathers Steam: MSCI

2024/11/06 by Christopher Caillavet Leave a Comment

Transactions of income-generating real estate in Australia rose 11 percent to A$8.2 billion ($5.4 billion) in the third quarter compared with year-earlier levels, signalling positive momentum in the market after two lacklustre years, according to MSCI.

While deal volume remains… Read More>>

Christina Tan of Keppel

Keppel Buying Tokyo Data Centre Project From Mitsui Fudosan for Private Fund

2024/11/05 by Christopher Caillavet Leave a Comment

Singapore’s Keppel Ltd has agreed to buy a hyperscale data centre project in western Tokyo from the facility’s developer, real estate giant Mitsui Fudosan, on behalf of a private fund.

The deal follows through on an exclusive framework agreement signed… Read More>>

StorHub Group CEO Raju Ruparelia

Warburg-Backed StorHub Buys Three Sydney Self-Storage Facilities for $72M

2024/11/05 by Christopher Caillavet Leave a Comment

Asia Pacific self-storage operator StorHub Group has acquired a trio of Sydney facilities valued at more than A$110 million ($72.6 million), as the Warburg Pincus-backed company continues to expand after entering Australia earlier this year.

The deal marks one of… Read More>>

Mitsui Fudosan president Takashi Ueda

Mitsui Fudosan REIT Merges With Itochu-Sponsored ADL to Form $3.8B Industrial Trust

2024/11/04 by Christopher Caillavet Leave a Comment

Mitsui Fudosan Logistics Park has completed its merger with a fellow Japanese REIT, Itochu Group-sponsored Advance Logistics Investment Corporation, creating a combined trust with a portfolio of 49 industrial assets valued at JPY 576.5 billion ($3.8 billion).

MFLP is the… Read More>>

Mark Fong, Empyrion DC

Singapore’s Empyrion Digital Enters Taiwan With 7MW Taipei Data Centre Project

2024/11/04 by Christopher Caillavet Leave a Comment

Singapore-based Empyrion Digital has established a presence in a fourth Asian market with the development of a 7-megawatt co-location data centre in Taiwan.

The operator backed by infrastructure fund manager Seraya Partners has secured 10MW of electricity for the Taipei… Read More>>

Sherman Kwek of CDL

Singapore’s CDL Wins Shanghai Site Near Xintiandi With $1.3B JV Bid

2024/11/01 by Christopher Caillavet, Michael Cole Leave a Comment

Just over three years after writing off a $1.36 billion investment in a Chongqing-based developer, Singapore’s City Developments Ltd is braving mainland China’s troubled real estate market with a joint venture project to build luxury homes, a hotel and shops… Read More>>

Hulic chairman Saburo Nishiura

Hulic Completes Tender Offer for $1.2B Bid to Take Over Raysum From Hong Kong’s Oasis

2024/11/01 by Christopher Caillavet Leave a Comment

Japanese real estate giant Hulic on Wednesday completed the tender offer for its JPY 173.5 billion ($1.2 billion) acquisition of Raysum, paving the way for the Tokyo-listed builder controlled by Hong Kong’s Oasis Management to become a Hulic unit next… Read More>>

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