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CapitaLand Closes First Vietnam Commercial Real Estate Fund at $300M

2017/08/23 by Greg Isaacson Leave a Comment

Singapore’s CapitaLand has been building apartments in Vietnam for over two decades. Now the biggest developer in southeast Asia is flexing its muscles in the country’s commercial real estate market by closing its first commercial fund targetting the Vietnam market… Read More>>

Singapore's CapitaLand has been building apartments in Vietnam for over two decades. Now the biggest developer in … Read more>>>

LaSalle Secures $335M, Targets $1B for New Asia Fund

2017/08/20 by Greg Isaacson Leave a Comment

LaSalle Investment Management, the US-based real estate investment firm, is boosting the fundraising target for its Asia Opportunity V Fund (LAO V) amid strong demand from institutional investors for the region’s property assets.

Launched in August of last year, LAO… Read More>>

LaSalle Investment Management, the US-based real estate investment firm, is boosting the fundraising target for its Asia … Read more>>>

Singapore’s Chevron House Goes on Sale for $515M

2017/08/07 by Greg Isaacson Leave a Comment

Another major Singaporean office transaction could be in the works, as the owner of a commercial tower at the city’s Raffles Place commercial hub has put the 32-storey building on the block for an asking price of S$700 million ($515.2… Read More>>

Another major Singaporean office transaction could be in the works, as the owner of a commercial tower at the city's … Read more>>>

Perennial-Led Group Eyes $1.2B Sale of Singapore’s AXA Tower

2017/08/03 by Greg Isaacson Leave a Comment

A group of investors led by Perennial Real Estate Holdings are said to be considering the en bloc sale of AXA Tower, the sixth-tallest building in Singapore, for at least S$1.65 billion ($1.2 billion).

According to an account in The… Read More>>

A group of investors led by Perennial Real Estate Holdings are said to be considering the en bloc sale of AXA Tower, the … Read more>>>

Blackstone Makes $347M Buyout Offer for Japanese Real Estate Trust

2017/08/03 by Greg Isaacson Leave a Comment

US private equity giant Blackstone is looking to add more Japanese properties to its $104 billion global trove of real estate assets under management. The New York-based firm has offered to acquire ASX-listed Astro Japan Property Trust, which owns a… Read More>>

US private equity giant Blackstone is looking to add more Japanese properties to its $104 billion global trove of real … Read more>>>

Stephen-A.-Schwarzman

Blackstone Said Planning $3B Asia Buyout Fund

Stephen-A.-Schwarzman

2017/07/23 by Greg Isaacson Leave a Comment

US private equity giant Blackstone is reportedly planning to ramp up its presence in Asia by raising up to $3 billion for its first buyout fund focused on the region. According to sources cited by Reuters, Blackstone Group LP has… Read More>>

US private equity giant Blackstone is reportedly planning to ramp up its presence in Asia by raising up to $3 billion … Read more>>>

Wang Jianlin Sun Hongbin Li Sze-Lim

R&F Buys 77 Wanda Hotels for $2.9B in Game of China’s Biggest Debtors

Wang Jianlin Sun Hongbin Li Sze-Lim

2017/07/21 by Greg Isaacson 2 Comments

China’s biggest-ever property deal has taken another twist, with Guangzhou’s R&F Properties suddenly stepping in to acquire 77 hotels from Dalian Wanda Group for RMB 19.9 billion ($2.9 billion).

The acquisition is the latest twist on a sale of Wanda’s… Read More>>

China's biggest-ever property deal has taken another twist, with Guangzhou's R&F Properties suddenly stepping in to … Read more>>>

Horsfield Naked Hub

naked Hub, JustGroup Merge to Create Asian Co-Working Powerhouse

Horsfield Naked Hub

2017/07/20 by Greg Isaacson Leave a Comment

naked Hub, the Chinese flexible office provider, is joining forces with Singapore’s JustGroup to create Asia’s leading operator of high-end co-working space and compete with US giant WeWork, the companies announced Tuesday.

The merger of the two shared office players… Read More>>

naked Hub, the Chinese flexible office provider, is joining forces with Singapore's JustGroup to create Asia's leading … Read more>>>

Evergrande Xu Jiayin

Chinese Estates Buys $1B Stake in Mainland Development Giant Evergrande

Evergrande Xu Jiayin

2017/07/20 by Greg Isaacson Leave a Comment

Hong Kong developer Chinese Estates Holdings has deepened its longstanding ties with China Evergrande, revealing it has acquired a five percent stake in the mainland’s largest homebuilder since April for a total price of HK$8.1 billion ($1.04 billion).

The news… Read More>>

Hong Kong developer Chinese Estates Holdings has deepened its longstanding ties with China Evergrande, revealing it has … Read more>>>

tephen Schwarzma

Blackstone Said in Talks to Buy $525M Indian Property Fund

tephen Schwarzma

2017/07/17 by Greg Isaacson Leave a Comment

Blackstone Group is reportedly in talks to acquire a $525 million India real estate fund, adding to the US private equity giant’s $3 billion of property investments in the country. The New York-based company is looking to buy ILFS India… Read More>>

Blackstone Group is reportedly in talks to acquire a $525 million India real estate fund, adding to the US private … Read more>>>

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