Less than a month after GIC picked up a trophy office tower in Paris, the Singapore sovereign wealth fund has teamed up with Caleus Capital Investors to acquire a landmark hotel in Berlin in an off-market transaction.
The joint venture… Read More>>
Asia real estate and outbound investment news
Less than a month after GIC picked up a trophy office tower in Paris, the Singapore sovereign wealth fund has teamed up with Caleus Capital Investors to acquire a landmark hotel in Berlin in an off-market transaction.
The joint venture… Read More>>
An Aussie real estate portfolio leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a Singapore department store operator and retail developer has agreed to take a 20 percent interest in four office… Read More>>
Phoenix Property Investors has closed its latest opportunistic real estate fund at $1.15 billion, surpassing its hard cap by $250 million.
Phoenix Asia Real Estate Investment VI – the private equity company’s sixth pan-Asian investment vehicle – closed in September,… Read More>>
In this week’s edition of Mingtiandi’s People in the News, Weave Co-Living hires a former JLL capital markets exec to drive the shared housing company’s expansion in Asia Pacific, less than a month after purchasing its fourth property in Hong… Read More>>
Warburg Pincus-backed ESR has established a A$350 million ($240 million) mandate with China Merchants Capital, according to an announcement by the company, as the newly listed logistics specialist enlists a new partner and takes in cash to fund future developments.
WeWork has backed out of an agreement to occupy space in Hong Kong’s Hopewell Centre even before it got a chance to move in, according to sources familiar with the decision who spoke with Mingtiandi.
The troubled co-working pioneer is… Read More>>
ARA US Hospitality Trust has agreed to acquire a 390-key trio of select-service hotels in the US for $84.5 million, just six months after the trust raised $498 million in its debut on the Singapore stock exchange.
The trust has… Read More>>
A Morgan Stanley-backed apartment rental operator leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the loss-making company raised $46 million through a US IPO, with shares priced at the lower end… Read More>>
Former LimeTree Capital Partners executive Mark Cho has joined Blackstone as managing director of asset management with the alternative investment giant’s China real estate team, according to a spokesperson for the New York-based firm.
The Blackstone representative confirmed to Mingtiandi… Read More>>
New World Development has acquired a set of flats in an upscale neighbourhood of Hong Kong for a combined HK$458 million ($58 million), as the developer closes in on another potential redevelopment project.
Land Registry documents reveal that 16 flats… Read More>>