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Calvin Chou, Invesco Real Estate

Invesco Sets Up China Rental Housing JV With Tencent-Backed Ziroom

Calvin Chou, Invesco Real Estate

2025/02/24 by Michael Cole Leave a Comment

US asset manager Invesco is expanding its bets on the living sector in Asia Pacific through a joint venture with a Tencent-backed apartment management platform to invest in and operate rental housing in China.

In a joint statement… Read More>>

US asset manager Invesco is expanding its bets on the living sector in Asia Pacific through a joint venture with a … Read more>>>

Hilton Asia Pacific president Alan Watts

Hilton Continues India Expansion With Deal to Open 75 Hampton Hotels

Hilton Asia Pacific president Alan Watts

2025/02/22 by Christopher Caillavet Leave a Comment

Hilton Hotels and Resorts continues to expand its India footprint, with the US hotel giant announcing late last week that it will open 75 Hampton by Hilton hotels in the world’s fifth-largest economy.

Ranked third globally by the number of… Read More>>

Hilton Hotels and Resorts continues to expand its India footprint, with the US hotel giant announcing late last week … Read more>>>

Matthew Sohn, chief executive for Korea at CapitaLand Investment

CapitaLand Investment Closes First Korea Private Credit Fund at $130M

Matthew Sohn, chief executive for Korea at CapitaLand Investment

2025/02/20 by Bianca Cuaresma Leave a Comment

Singapore’s CapitaLand Investment has teamed up with a South Korean investment bank to raise KRW 180 billion ($130 million) for its first private credit fund in Asia’s fourth-largest economy.

In a statement on Thursday, the Temasek-backed giant said it has… Read More>>

Singapore’s CapitaLand Investment has teamed up with a South Korean investment bank to raise KRW 180 billion ($130 … Read more>>>

KKR Japan CEO Hiro Hirano

KKR Takes Control of Fuji Soft After Battle With Bain for $4B Japanese Firm

KKR Japan CEO Hiro Hirano

2025/02/20 by Christopher Caillavet Leave a Comment

KKR on Thursday announced the completion of its tender offer for Fuji Soft, setting the stage for the US buyout giant to privatise the Tokyo-listed systems developer in a deal valuing the company at north of $4 billion.

Upon settlement… Read More>>

KKR on Thursday announced the completion of its tender offer for Fuji Soft, setting the stage for the US buyout giant to … Read more>>>

Yu Liang

Vanke Sets Up $220M Housing JV with Govt Insurers in Fresh Sign of State Support

Yu Liang

2025/02/19 by Iris Hong Leave a Comment

China Vanke has set up a RMB 1.6 billion ($220 million) rental housing joint venture with a pair of government insurers, according to an announcement on Tuesday, in what analysts see as a sign of further state support for the… Read More>>

China Vanke has set up a RMB 1.6 billion ($220 million) rental housing joint venture with a pair of government insurers, … Read more>>>

Frontier Real Estate Investment Corporation executive director Toshihide Ichikawa

Mitsui Fudosan Selling 30% Stake in Nagoya-Area Mall to J-REIT for $72M

Frontier Real Estate Investment Corporation executive director Toshihide Ichikawa

2025/02/18 by Christopher Caillavet Leave a Comment

Mitsui Fudosan is selling a 30 percent stake in a mall in Aichi prefecture to Frontier Real Estate Investment Corporation, a Tokyo-listed retail REIT sponsored by the Japanese property giant, for nearly JPY 11 billion ($72 million).

The consideration for… Read More>>

Mitsui Fudosan is selling a 30 percent stake in a mall in Aichi prefecture to Frontier Real Estate Investment … Read more>>>

Rachel Teo Fraxtor

Fraxtor Sells Out Tokenised Stake in Singapore Industrial Project

Rachel Teo Fraxtor

2025/02/18 by Mingtiandi Team Leave a Comment

Real estate investment platform Fraxtor Group announced Thursday that it has sold out a tokenised stake in an industrial project acquired through a government land sale late last year, marking the first time that rights to a plot won through… Read More>>

Real estate investment platform Fraxtor Group announced Thursday that it has sold out a tokenised stake in an industrial … Read more>>>

Michio Suganuma Mirai

Japan’s Mirai REIT Adds Three Assets for $52M, Sells Pair of Retail Properties for $57M

Michio Suganuma Mirai

2025/02/18 by Christopher Caillavet Leave a Comment

Mirai Corporation has agreed to acquire two office blocks and a land holding in three separate locations of Honshu island for a total of JPY 7.9 billion ($52 million), replacing a pair of ageing retail assets disposed by the Tokyo-listed… Read More>>

Mirai Corporation has agreed to acquire two office blocks and a land holding in three separate locations of Honshu … Read more>>>

Tina He Hines

ADIA, Hines Sell Shanghai Trophy Tower to Mainland Insurer-Backed Fund for Reported $1.5B

Tina He Hines

2025/02/17 by Michael Cole, Iris Hong Leave a Comment

Houston-based developer Hines and the Abu Dhabi Investment Authority (ADIA) have divested a 60-storey skyscraper in downtown Shanghai to a fund backed by China Post Insurance in a deal said to value the project at as much as RMB 10.9… Read More>>

Houston-based developer Hines and the Abu Dhabi Investment Authority (ADIA) have divested a 60-storey skyscraper in … Read more>>>

Jon Winkelried TPG Getty Images

TPG Offers to Buy Singapore Nursing Home Operator Econ Healthcare for $65M

Jon Winkelried TPG Getty Images

2025/02/17 by Christopher Caillavet Leave a Comment

US private equity major TPG has offered to acquire Singapore’s Econ Healthcare Asia in a deal valuing the SGX-listed nursing home operator at S$87.8 million ($65.5 million).

Funds managed by Texas-based TPG aim to buy Econ’s 265,910,891 issued shares for… Read More>>

US private equity major TPG has offered to acquire Singapore’s Econ Healthcare Asia in a deal valuing the SGX-listed … Read more>>>

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