Asia real estate and outbound investment news
Singapore’s sovereign wealth fund, GIC, has established a $412.4 million shopping centre joint venture with New York Stock Exchange-listed RPT Realty, according an announcement by the US real estate investment trust this week.
The $100 billion government investment vehicle is… Read More>>
Korean investment manager Mirae Asset Global Investments has sold the Cologne city hall to Germany’s DIC Asset AG for €500 million ($555 million), achieving a 27 percent capital gain after holding the asset for just over three and a half… Read More>>
Mainland China developer Hopson Development Holdings is poised to make its first overseas acquisition after agreeing to buy a stalled residential project in New York for $113.5 million, according to a company announcement to the Hong Kong stock exchange.
With… Read More>>
Hong Kong-listed SEA Holdings is said to have purchased London’s Sanctuary Buildings from a Hana Alternative Asset Management-led consortium less than a year after the Korean investors bought the property from Blackstone, according to a local media report.
The consortium,… Read More>>
HNA Group has sold its last asset in the UK to Hong Kong-based investment firm Sun Hung Kai & Co and Australia’s Macquarie Group for £100 million ($129 million), with the troubled mainland conglomerate completing its business Brexit while UK… Read More>>
Singapore-based Alpha Investment Partners has agreed to buy out its partner’s stake in a luxury condo project in Manhattan’s Upper East Side just over three years after the joint venture began selling homes.
The private fund management division of Keppel… Read More>>
SC Capital Partners is set to make another purchase in Australia under its RECAP fund series, just one month after buying a retail portfolio in Sydney.
The Singapore-based private equity firm has entered a binding agreement to buy the former… Read More>>
A BlackRock-linked entity has agreed to sell a pair of student dorms in the UK to Singapore-listed property developer Far East Orchard for £66.5 million ($85 million).
The subsidiary of Far East Organization purchased the assets from a company that… Read More>>
Less than a month after GIC picked up a trophy office tower in Paris, the Singapore sovereign wealth fund has teamed up with Caleus Capital Investors to acquire a landmark hotel in Berlin in an off-market transaction.
The joint venture… Read More>>
A REIT sponsored by media conglomerate Singapore Press Holdings has agreed to buy a half stake in one of the largest shopping malls in Australia for A$670 million ($461 million), continuing a wave of real estate investments Down Under by… Read More>>
