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Scott Callon Ichigo

Ichigo Office REIT Buying Six Properties in Tokyo, Fukuoka for $99M

Scott Callon Ichigo

2024/05/22 by Christopher Caillavet Leave a Comment

Ichigo Office REIT is acquiring three office assets in central Tokyo and three in central Fukuoka for a total of JPY 15.4 billion ($99 million), with the purchase to be funded using proceeds from the recent disposal of two properties.

… Read More>>

Ichigo Office REIT is acquiring three office assets in central Tokyo and three in central Fukuoka for a total of JPY … Read more>>>

Brett White C&W

TPG, PAG to Exit Cushman & Wakefield Stake With $311M Share Sale

Brett White C&W

2024/05/21 by Christopher Caillavet 1 Comment

With shares of Cushman & Wakefield up more than 40 percent in the past 12 months, Texas-based TPG and Hong Kong’s PAG plan to sell their entire shareholding in the global property consultancy, despite the stock remaining 38 percent below… Read More>>

With shares of Cushman & Wakefield up more than 40 percent in the past 12 months, Texas-based TPG and Hong Kong’s … Read more>>>

Ou Yaping Zhong An

Rockefeller JV Selling Shanghai Bund Buildings to Tencent, Ant-Backed Insurer for $199M

Ou Yaping Zhong An

2024/05/20 by Kevin He Leave a Comment

A joint venture controlled by New York’s Rockefeller Group has agreed to sell a pair of office buildings on Shanghai’s Bund waterfront to an online insurer backed by Ant Financial, Tencent and Ping An, with the HKEX-listed firm vowing to… Read More>>

A joint venture controlled by New York’s Rockefeller Group has agreed to sell a pair of office buildings on Shanghai’s … Read more>>>

James Buford Pag

PAG Closes on $550M for First-Ever Renewable Energy Fund

James Buford Pag

2024/05/20 by Christopher Caillavet Leave a Comment

PAG on Monday announced the closing of its maiden fund focused on renewable energy, with the pan-Asian private equity firm having won $550 million in committed capital for the new vehicle.

PAG REN I will focus on investing in physical… Read More>>

PAG on Monday announced the closing of its maiden fund focused on renewable energy, with the pan-Asian private equity … Read more>>>

Lee Chee Koon of CapitaLand Group

CapitaLand in Exclusive Talks to Buy Gangnam Office Tower From Korea’s NPS for $320M

Lee Chee Koon of CapitaLand Group

2024/05/19 by Beatrice Laforga Leave a Comment

Seoul continues to stand out as Asia’s hottest market for office properties with Singapore’s CapitaLand Investment now in late stage negotiations for the acquisition of a tower in the Gangnam business district owned by Korea’s NPS for a reported KRW… Read More>>

Seoul continues to stand out as Asia’s hottest market for office properties with Singapore’s CapitaLand Investment now … Read more>>>

Ankur Gupta, managing partner and head of Asia Pacific real estate at Brookfield

Brookfield India REIT to Buy Half-Stakes in Four Bharti Commercial Properties for $720M

Ankur Gupta, managing partner and head of Asia Pacific real estate at Brookfield

2024/05/18 by Christopher Caillavet Leave a Comment

Brookfield India Real Estate Trust has agreed to acquire a 50 percent interest in four commercial properties in Delhi and Gurugram from Bharti Enterprises for INR 60 billion ($720 million).

The REIT sponsored by Canadian giant Brookfield will assume debt… Read More>>

Brookfield India Real Estate Trust has agreed to acquire a 50 percent interest in four commercial properties in Delhi … Read more>>>

Tony Lombardo, global CEO of Lendlease

Lendlease Setting Up Asia Life Sciences JV with Warburg Pincus as Chairman Set to Exit

Tony Lombardo, global CEO of Lendlease

2024/05/18 by Kevin He Leave a Comment

Australian builder and property investor Lendlease Group has agreed to sell its Asia Pacific life sciences platform to a newly established 50:50 joint venture with US private equity giant Warburg Pincus, as the embattled builder continues to overhaul its business… Read More>>

Australian builder and property investor Lendlease Group has agreed to sell its Asia Pacific life sciences platform to a … Read more>>>

Ronald Bausch, PGGM

PGGM and Sydney’s Apt.Residential Tie Up for $1B Aussie BTR Venture

Ronald Bausch, PGGM

2024/05/16 by Kevin He Leave a Comment

With Australia’s rental housing market facing a surge in demand on the back of population growth and tight supply, Dutch pension giant PGGM is backing a A$1.5 billion ($1 billion) bet on the country’s burgeoning apartment market.

A property fund… Read More>>

With Australia’s rental housing market facing a surge in demand on the back of population growth and tight supply, Dutch … Read more>>>

jim-garman

Goldman Sachs Hits Fundraising Record with $7B Real Estate Credit Strategy 

jim-garman

2024/05/16 by Michael Cole Leave a Comment

Goldman Sachs has added Asia Pacific to the target geography for its latest real estate private credit fund, and aims to invest up to $7 billion in property lending opportunities globally as it announces a final close for the strategy.

… Read More>>

Goldman Sachs has added Asia Pacific to the target geography for its latest real estate private credit fund, and aims to … Read more>>>

rasers riverfront apartments

Frasers, Tuan Sing Confirm $104M Singapore Apartment Complex Deal

rasers riverfront apartments

2024/05/15 by Michael Cole Leave a Comment

Frasers Property has confirmed its sale of a riverfront apartment complex near Singapore’s Robertson Quay with the developer informing the Singapore exchange on Tuesday that it is selling the rental residential and commercial space for S$140.9 million ($104 million).

The… Read More>>

Frasers Property has confirmed its sale of a riverfront apartment complex near Singapore’s Robertson Quay with the … Read more>>>

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