Asia Pacific real estate investment news and information
A CapitaLand-City Developments (CDL) joint bid won a government tender for a 3.7 hectare mixed-use site in northeastern Singapore with a bid of S$777.78 million ($566 million), according to announcements by the two companies.
In their first cooperation since 2007,… Read More>>
Singapore’s CapitaLand is acquiring two adjacent Guangzhou residential sites totalling 150,000 square metres (1.6 million square feet) for RMB 2.05 billion ($297 million). The purchases are in the Zengcheng District of the city, an up and coming area being targeting… Read More>>
In its third Melbourne deal in as many months, pan-Asian logistics developer Logos Property has acquired a Kmart distribution centre in the city’s Truganina suburb for A$119 million ($86 million).
Logos, which is headed by logistics veterans Trent Iliffe and… Read More>>
Blackstone is close to selling a pair of business parks in Pune, India to Indian private equity firm Xander Group for 20 billion Indian rupees ($286 million), according to a report in the Business Standard.
The US private equity giant’s… Read More>>
WeWork challenger MyDreamPlus has raised $120 million in a Series C funding exercise involving six investors, including venture capital players Hillhouse Capital Management and General Atlantic.
The C-round was the Beijing-based company’s fourth and largest funding exercise so far, bringing… Read More>>
The Canada Pension Plan Investment Board (CPPIB) announced this week that it is investing in a new $500 million investment fund targeting South Korean logistics assets in cooperation with ESR and its Korean subsidiary, Kendall Square Asset Management.
The deal… Read More>>
An estimated $47 billion worth of housing projects in India are experiencing delays of from two to eight years, according to a report published yesterday by a property research firm. In total, 600 million square feet (56 million square metres)… Read More>>
Blackstone is transferring more investments into India’s first real estate investment trust just ahead of the proposed initial offering. The US investment giant’s local partner in the pioneering real estate deal, Embassy Group, is said to also be tweaking its… Read More>>
Keppel Corporation has signed an agreement with ASX-listed Vicinity Centres to launch a A$1 billion ($743 million) retail property fund. The new vehicle, which is being formed at a time when Singaporean companies are increasingly active in Australia, will be… Read More>>
Keppel Corporation has agreed to buy half of Watermark Retirement Communities, an American company with 52 senior homes in the US and plans to add eight more by 2020. If the deal is finalised, the purchase price will be approximately… Read More>>
