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Anshul Jain of C&W

Cushman & Wakefield, Nuvama Hit $200M First Close of India Office Fund

Anshul Jain of C&W

2025/01/25 by Christopher Caillavet Leave a Comment

A joint venture of Cushman & Wakefield and Mumbai-based Nuvama Asset Management has reached a INR 17 billion ($200 million) first closing for a private fund investing in prime office properties across India’s high-growth markets.

NCW, which the two companies… Read More>>

A joint venture of Cushman & Wakefield and Mumbai-based Nuvama Asset Management has reached a INR 17 billion ($200 … Read more>>>

Sophie Van Oosterom

CPPIB Teams With Mangrove Operator MGRV on $350M Korean Rental Housing JV

Sophie Van Oosterom

2025/01/23 by Christopher Caillavet Leave a Comment

The Canada Pension Plan Investment Board and Seoul-based apartment specialist MGRV have launched a KRW 500 billion ($350 million) joint venture to develop rental housing projects in South Korea.

For its first direct investment in the Korean residential sector, the… Read More>>

The Canada Pension Plan Investment Board and Seoul-based apartment specialist MGRV have launched a KRW 500 billion ($350 … Read more>>>

Stephen Gaitanos of Scape

Scape Australia Revamps Student Housing Vehicle to Create $3.8B Open-Ended Fund

Stephen Gaitanos of Scape

2025/01/22 by Christopher Caillavet Leave a Comment

Australia’s biggest owner-operator of student housing, Scape, has converted its flagship purpose-built student accommodation vehicle into a A$6 billion ($3.8 billion) open-ended core fund with a 16,000-bed portfolio across 33 operational assets.

As part of the conversion, the fund has… Read More>>

Australia’s biggest owner-operator of student housing, Scape, has converted its flagship purpose-built student … Read more>>>

GreenFort partner and Liven Communities co-founder Adam Vaggelas

GreenFort Buys Two Queensland Sites for 750 Homes Under Land Lease JV With Gaw

GreenFort partner and Liven Communities co-founder Adam Vaggelas

2025/01/21 by Christopher Caillavet Leave a Comment

Australia’s GreenFort Capital has acquired two land lease projects in Queensland under its partnership with Gaw Capital Partners, adding 750 lots to the platform’s development pipeline.

Brisbane-based GreenFort purchased an inland site at Gowrie Junction in Toowoomba suitable for 422… Read More>>

Australia’s GreenFort Capital has acquired two land lease projects in Queensland under its partnership with Gaw Capital … Read more>>>

Francis Law Sau-fai

Francis Law Sells Kowloon Retail Podium for 67% Below Pre-Pandemic Price

Francis Law Sau-fai

2025/01/18 by Christopher Caillavet Leave a Comment

Real estate investor Francis Law has completed the HK$880 million ($113 million) sale of a Kowloon retail podium to City University of Hong Kong, with the property changing hands at a 67 percent discount to its pre-pandemic guide price.

The… Read More>>

Real estate investor Francis Law has completed the HK$880 million ($113 million) sale of a Kowloon retail podium to City … Read more>>>

China Vanke president and CEO Zhu Jiusheng (Getty Images)

Vanke CEO Arrested as Shenzhen Officials Take Charge of Developer: Reports

China Vanke president and CEO Zhu Jiusheng (Getty Images)

2025/01/18 by Christopher Caillavet Leave a Comment

China Vanke president and CEO Zhu Jiusheng was reportedly arrested Wednesday by public security authorities, with the troubled developer’s operations now said to be in the hands of Shenzhen government officials.

Zhu’s detention was the subject of online media accounts… Read More>>

China Vanke president and CEO Zhu Jiusheng was reportedly arrested Wednesday by public security authorities, with the … Read more>>>

Victor Tan, executive director and CEO of First REIT’s manager

CVC-Backed Hospital Chain Makes Offer for First REIT’s $599M in Indonesian Assets

Victor Tan, executive director and CEO of First REIT’s manager

2025/01/14 by Bianca Cuaresma Leave a Comment

A Singapore-listed healthcare REIT looks set to continue its shift toward Asia Pacific’s developed markets, with a potential deal on the way to sell 14 Indonesian hospitals  valued at S$820.5 million ($599.3 million) to its private equity-backed tenant.

OUE Ltd-… Read More>>

A Singapore-listed healthcare REIT looks set to continue its shift toward Asia Pacific’s developed markets, with a … Read more>>>

Open House Group president and CEO Masaaki Arai

Japan’s Open House to Take Over Builder Pressance With $390M Stake Buy

Open House Group president and CEO Masaaki Arai

2025/01/13 by Christopher Caillavet Leave a Comment

Tokyo-listed residential developer Open House Group has made a tender offer to acquire the 36.58 percent of shares it does not already own in Osaka-based builder Pressance Corp for JPY 60.7 billion ($390 million).

A cash consideration is to be… Read More>>

Tokyo-listed residential developer Open House Group has made a tender offer to acquire the 36.58 percent of shares it … Read more>>>

Hui Wing Mau Shimao

Shimao Cuts Asking Price for Sheraton Hotel Complex Near Hong Kong Airport by 30%

Hui Wing Mau Shimao

2025/01/13 by Christopher Caillavet Leave a Comment

Shimao Group is making a fresh attempt to sell a Sheraton hotel complex near Hong Kong International Airport, with market sources confirming to Mingtiandi that the defaulted developer is seeking HK$4.5 billion ($580 million) for the dual-branded property.

In 2023… Read More>>

Shimao Group is making a fresh attempt to sell a Sheraton hotel complex near Hong Kong International Airport, with … Read more>>>

Sun Hongbin of Sunac 1 (Getty Images)

Sunac Says Unable to Meet Debt Deadline in Wake of Fresh Wind-Up Petition by China Cinda

Sun Hongbin of Sunac 1 (Getty Images)

2025/01/11 by Christopher Caillavet, Michael Cole Leave a Comment

Sunac China Holdings on Thursday received a winding-up petition in Hong Kong’s High Court filed by state-owned “bad bank” China Cinda Asset Management, with the HKEX-listed developer indicating in a statement to the stock exchange late Friday that it will… Read More>>

Sunac China Holdings on Thursday received a winding-up petition in Hong Kong's High Court filed by state-owned “bad … Read more>>>

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