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Satinder Garcha

Nepali Tycoon Buys Singapore Shophouse Hotel From Garcha Group for $62M

Satinder Garcha

2025/05/19 by Iris Hong Leave a Comment

Upscale hotels fashioned from conserved Singapore shophouses continue to attract Asia’s ultra-wealthy, with a Nepali tycoon picking up a hostelry in the Tanjong Pagar area for S$80 million ($61.8 million) 

Lotus One Investment, a private company controlled by Chandra P… Read More>>

Upscale hotels fashioned from conserved Singapore shophouses continue to attract Asia’s ultra-wealthy, with a Nepali … Read more>>>

Joseph Gagnon Rava Partners

Hillhouse’s Rava Buys $100M Dubai School Property From Janus Henderson

Joseph Gagnon Rava Partners

2025/05/09 by Christopher Caillavet Leave a Comment

Rava Partners has acquired the real estate interest of a Dubai school in a deal that values the property at $100 million, marking the fund manager’s maiden investment in the Middle East.

The real estate division of Hillhouse Investment picked… Read More>>

Rava Partners has acquired the real estate interest of a Dubai school in a deal that values the property at $100 … Read more>>>

Alex Crossing of CBRE IM

Scape Wins Commitment From CBRE IM for $3.8B Student Housing Fund

Alex Crossing of CBRE IM

2025/05/07 by Christopher Caillavet Leave a Comment

Australia’s biggest owner-operator of student housing, Scape, continues to scoop up commitments for its flagship core fund, with the group on Thursday announcing CBRE Investment Management as its latest capital partner.

The fund management arm of property services giant CBRE… Read More>>

Australia’s biggest owner-operator of student housing, Scape, continues to scoop up commitments for its flagship core … Read more>>>

Cai Wensheng

Meitu Founder Pays Premium to Buy Hong Kong Commercial Tower for $84M

Cai Wensheng

2025/05/05 by Mingtiandi Team Leave a Comment

Mike Cai Wensheng, the billionaire co-founder of selfie-app Meitu, paid HK$650 million ($84 million) for a commercial property in Tin Hau on Hong Kong Island in a deal that values the Park Aura building at 20 percent above what comparable… Read More>>

Mike Cai Wensheng, the billionaire co-founder of selfie-app Meitu, paid HK$650 million ($84 million) for a commercial … Read more>>>

Hamish MacDonald BlackRock

BlackRock, Malaysia’s YTL Buying Citadines Raffles Place From CapitaLand JV for $216M

Hamish MacDonald BlackRock

2025/05/03 by Christopher Caillavet Leave a Comment

CapitaLand Integrated Commercial Trust on Friday announced a deal to sell the residential element of downtown Singapore’s CapitaSpring building for S$280 million ($216.2 million), with market sources confirming asset management titan BlackRock and Malaysia’s YTL Corp as the buyers.

SGX-listed… Read More>>

CapitaLand Integrated Commercial Trust on Friday announced a deal to sell the residential element of downtown … Read more>>>

the-center- hong-kong

Hong Kong Tycoon’s Heirs Marketing Offices in The Center at 43% Off

the-center- hong-kong

2025/05/01 by Iris Hong Leave a Comment

Heirs to the fortune of Hong Kong’s late “Minibus King” have dropped their price for two units in The Center, marking a record low for what was once Hong Kong’s most expensive office building.

Two units on the 27th floor… Read More>>

Heirs to the fortune of Hong Kong’s late “Minibus King” have dropped their price for two units in The Center, marking a … Read more>>>

382 Lockhart Road Wanchai

‘Bargain Hunter’ to Swallow Loss on Renovated Wan Chai Tower

382 Lockhart Road Wanchai

2025/05/01 by Iris Hong Leave a Comment

Another Hong Kong property developer is ready to swallow a loss amid the ongoing slump in asset prices in the city, seeking to sell his 19-floor holding in a Wan Chai office building for around 10 percent less than he… Read More>>

Another Hong Kong property developer is ready to swallow a loss amid the ongoing slump in asset prices in the city, … Read more>>>

Amara Holdings chairman and CEO Albert Teo

Amara Chairman Leads $392M Privatisation Bid for Singapore Hotel Group

Amara Holdings chairman and CEO Albert Teo

2025/04/28 by Christopher Caillavet Leave a Comment

Singapore’s Amara Holdings has received a buyout offer from parties led by the Teo family that controls the company, setting the stage for a deal that would value the SGX-listed hotel owner and operator at S$514.6 million ($391.9 million).

DRC… Read More>>

Singapore’s Amara Holdings has received a buyout offer from parties led by the Teo family that controls the company, … Read more>>>

Christina Gaw

Gaw Capital Launches Latest Opportunistic Fund with $2B Target

Christina Gaw

2025/04/27 by Michael Cole Leave a Comment

Less than two years after closing on $3 billion in commitments for its Gateway Real Estate Fund VII opportunistic vehicle, Hong Kong’s Gaw Capital Partners has begun raising cash for its latest edition of the strategy.

The real estate private… Read More>>

Less than two years after closing on $3 billion in commitments for its Gateway Real Estate Fund VII opportunistic … Read more>>>

Ashish Jakhanwala, CEO and managing director of Samhi Hotels Ltd

Singapore’s GIC Buying 35% Stake in Hotel JV With India’s Samhi for $88M

Ashish Jakhanwala, CEO and managing director of Samhi Hotels Ltd

2025/04/25 by Christopher Caillavet Leave a Comment

Singapore sovereign giant GIC has agreed to pay INR 7.52 billion ($88.2 million) for a 35 percent stake in a new investment platform for upscale hotel assets in India.

The partnership with Samhi Hotels Ltd is acquiring a seed portfolio… Read More>>

Singapore sovereign giant GIC has agreed to pay INR 7.52 billion ($88.2 million) for a 35 percent stake in a new … Read more>>>

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