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Mark Machin CPPIB

CPPIB Revealed as $375M Investor in PAG Asian Real Estate Fund

Mark Machin CPPIB

2017/02/15 by Mingtiandi Team Leave a Comment

A statement on Friday by the Canadian Pension Plan Investment Board (CPPIB) reveals that the manager of Canada’s largest pension body has taken an anchor stake in the most recent real estate fund assembled by Hong Kong-based private equity shop… Read More>>

A statement on Friday by the Canadian Pension Plan Investment Board (CPPIB) reveals that the manager of Canada’s largest … Read more>>>

Mark Yip CDL China

Singapore’s CDL Acquires Shanghai Commercial Project for RMB 900M

Mark Yip CDL China

2017/02/14 by Michael Cole Leave a Comment

Singapore’s City Developments Ltd (CDL) has acquired a 32,000 square metre commercial project near Shanghai’s Hongqiao transportation hub in its second real estate investment in the mainland megacity in less than one month.

CDL’s wholly owned subsidiary, CDL China Limited… Read More>>

Singapore’s City Developments Ltd (CDL) has acquired a 32,000 square metre commercial project near Shanghai’s Hongqiao … Read more>>>

UE Bizhub East

KKR, Ascendas-Singbridge Bid for Singapore’s $1.3B United Engineers

UE Bizhub East

2017/02/14 by Michael Cole Leave a Comment

KKR, Ascendas-Singbridge and Perennial Real Estate are among the finalists competing to acquire S$1.9 billion ($1.3 billion) Singapore property group United Engineers Ltd, according to a recent report by Bloomberg. The bids for the company were confirmed in a notice… Read More>>

KKR, Ascendas-Singbridge and Perennial Real Estate are among the finalists competing to acquire S$1.9 billion ($1.3 … Read more>>>

DBS Manulife

DBS Sells Singapore’s PWC Building to Manulife for $526 Mil

DBS Manulife

2017/02/12 by Michael Cole Leave a Comment

DBS Group has sold the PwC Building in Singapore’s financial district to Canadian insurer Manulife for an agreed value of S$747 million ($525.7 million) according to an announcement on Friday to the city’s stock exchange.

The deal for the 28-storey… Read More>>

DBS Group has sold the PwC Building in Singapore’s financial district to Canadian insurer Manulife for an agreed value … Read more>>>

Pua Seck Guan

Stanley Ho’s Shun Tak Pays $216M for 61% Stake in Orchard Road Commercial Complex

Pua Seck Guan

2017/02/02 by Michael Cole 2 Comments

Billionaire Stanley Ho’s Shun Tak Holdings has made its first major commercial acquisition in Singapore after the Hong Kong-listed company acquired a 61 percent stake in a commercial project along the city’s famed Orchard Road commercial strip.

Shun Tak paid… Read More>>

Billionaire Stanley Ho’s Shun Tak Holdings has made its first major commercial acquisition in Singapore after the Hong … Read more>>>

Banyan Tree Ringha

Vanke, Banyan Tree Form $292M China Hospitality JV

Banyan Tree Ringha

2017/01/24 by Michael Cole Leave a Comment

China Vanke has continued to diversify from its core business building middle class homes as the Chinese developer this week entered into a RMB 2 billion ($292 million) agreement with Banyan Tree Holdings to jointly own and manage the Singaporean… Read More>>

China Vanke has continued to diversify from its core business building middle class homes as the Chinese developer this … Read more>>>

Stephen Schwarzman Blackstone

Blackstone Plans New $5B Asia Real Estate Fund

Stephen Schwarzman Blackstone

2017/01/23 by Michael Cole Leave a Comment

America’s biggest landlord is getting ready to build up its portfolio in Asia as Blackstone Group prepares to raise at least $5 billion for a new real estate fund focused on the region, according to a story in Reuters today… Read More>>

America’s biggest landlord is getting ready to build up its portfolio in Asia as Blackstone Group prepares to raise at … Read more>>>

Graham Mackie UBS Asset Management

UBS AM to Manage $176M ADIC Investment in Singapore Industrial Projects

Graham Mackie UBS Asset Management

2017/01/23 by Michael Cole Leave a Comment

The real estate investment wing of Swiss financial giant UBS is set to manage S$250 million ($176 million) in investment into industrial real estate projects in Singapore on behalf of Abu Dhabi Investment Corporation (ADIC), according to a recent statement… Read More>>

The real estate investment wing of Swiss financial giant UBS is set to manage S$250 million ($176 million) in investment … Read more>>>

Kiran Patel

Savills IM Transacted Record $868M in APAC Deals in 2016

Kiran Patel

2017/01/19 by Michael Cole Leave a Comment

Real estate investment volumes may have slid from their 2015 global peaks last year, but real estate specialists Savills Investment Management cruised to a new record despite the down year.

The London-based firm announced record transaction volumes of $5.3 billion… Read More>>

Real estate investment volumes may have slid from their 2015 global peaks last year, but real estate specialists Savills … Read more>>>

Sun Hongbing

Sunac Buys $2.2 Bil Stake in Chinese Tech Giant Le Eco

Sun Hongbing

2017/01/16 by Michael Cole Leave a Comment

China’s seventh largest property developer now seems determined to be a player in the country’s high tech sector after Sunac Holdings chairman Sun Hongbin agreed to pay the equivalent of $2.2 billion for a stake in cash-strapped LeEco, according to… Read More>>

China’s seventh largest property developer now seems determined to be a player in the country’s high tech sector after … Read more>>>

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