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First REIT Victor Tan

Singapore REITs Buy 7 Japanese Senior Living Assets for $56M

First REIT Victor Tan

2022/09/22 by Beatrice Laforga Leave a Comment

Asia’s elderly are getting more of the respect and attention they deserve this month, particularly from the managers of a pair of Singapore real estate investment trusts.

The manager of Parkway Life Real Estate Investment Trust said on Tuesday that… Read More>>

Asia’s elderly are getting more of the respect and attention they deserve this month, particularly from the managers of … Read more>>>

GIC Buying Top Stake in $2.3B Mediterranean Resort Operator Sani/Ikos

2022/09/22 by Christopher Caillavet Leave a Comment

GIC has entered a strategic partnership under which the Singapore sovereign wealth fund will become the leading shareholder in Sani/Ikos Group, a Mediterranean luxury resort owner-operator, alongside the Greek-based firm’s management team.

The transaction values Sani/Ikos at €2.3 billion ($2.3… Read More>>

GIC has entered a strategic partnership under which the Singapore sovereign wealth fund will become the leading … Read more>>>

Warren Buffett

GIC Leads $14B Buyout of Warren Buffett’s Only REIT Investment

Warren Buffett

2022/09/18 by Beatrice Laforga Leave a Comment

Singapore’s GIC is making its second mega-bet on the US property market within the last month with the sovereign wealth fund having joined with an American partner to buy Warren Buffett’s favourite REIT for $14 billion in cash.

GIC teamed… Read More>>

Singapore’s GIC is making its second mega-bet on the US property market within the last month with the sovereign wealth … Read more>>>

Soong Hee Sang

Singapore’s Mercatus Said Marketing Stake In $790M Sydney Office Tower

Soong Hee Sang

2022/09/12 by Beatrice Laforga Leave a Comment

Singapore’s Mercatus Co-operative is continuing to sell down its real estate portfolio, with sources familiar with the company’s plans saying that it is preparing to sell off a one-third interest in a Sydney office tower which it acquired just over… Read More>>

Singapore’s Mercatus Co-operative is continuing to sell down its real estate portfolio, with sources familiar with the … Read more>>>

Donald Choi Chinachem

Hong Kong’s Chinachem Confirms $182M Buy of TikTok London HQ

Donald Choi Chinachem

2022/09/11 by Pawara Laothamatas Leave a Comment

Chinachem Group this past week confirmed its purchase of TikTok’s London headquarters for a price of £158.5 million ($182.5 million) with the Hong Kong developer portraying the acquisition of its first overseas asset as a step toward diversifying its portfolio… Read More>>

Chinachem Group this past week confirmed its purchase of TikTok’s London headquarters for a price of £158.5 million … Read more>>>

Wanda Group, Sunac And R&F Properties Group Hold Signing Ceremony In Beijing

R&F Buying Back London Project From Far East Consortium at 11% Markup

Wanda Group, Sunac And R&F Properties Group Hold Signing Ceremony In Beijing

2022/09/06 by Iris Hong Leave a Comment

Guangzhou R&F Properties said Friday it is repurchasing the Vauxhall Square mixed-use project in south London from Hong Kong-based Far East Consortium. The buyback comes five months after the developer sold the undeveloped site at a 42 percent discount in… Read More>>

Guangzhou R&F Properties said Friday it is repurchasing the Vauxhall Square mixed-use project in south London from … Read more>>>

Akira Mori, chairman of Mori Trust

Japan’s Mori Makes US Capital’s Biggest Deal of 2022 with $531M Office Buy

Akira Mori, chairman of Mori Trust

2022/09/05 by Beatrice Laforga Leave a Comment

Mori Trust, one of the largest developers in Japan, has made its second office acquisition in the Washington DC metropolitan area in picking up 601 Massachusetts Avenue NW for a reported $531 million to score the district’s biggest deal for… Read More>>

Mori Trust, one of the largest developers in Japan, has made its second office acquisition in the Washington DC … Read more>>>

Workspace chairman and CEO Thomas Rizk

Singapore’s GIC Said Backing $1.1B US Office Acquisition

Workspace chairman and CEO Thomas Rizk

2022/08/30 by Beatrice Laforga Leave a Comment

Singapore’s GIC is said to be putting up capital for one of the biggest bets on US office space this year as commercial real estate investor and operator Workspace Property Trust announced a $1.13 portfolio investment late on Monday.

The… Read More>>

Singapore’s GIC is said to be putting up capital for one of the biggest bets on US office space this year as commercial … Read more>>>

Chio Kiat Ow Stamford Land

Singapore’s Stamford Land Sells Sydney Hotel to Vietnam-Linked Group for $146M

Chio Kiat Ow Stamford Land

2022/08/28 by Beatrice Laforga Leave a Comment

Singapore-listed Stamford Land is selling an Australian five-star hotel to a Vietnamese-backed developer and fund manager for A$210.5 million ($146.37 million) with the new owner set to redevelop the property in Sydney’s central business district into luxury apartments.

Noting that… Read More>>

Singapore-listed Stamford Land is selling an Australian five-star hotel to a Vietnamese-backed developer and fund … Read more>>>

Andy Lim of JL Family Office

Savills IM Sets Up $241M UK Build-to-Rent Fund With ARA’s Lim Family

Andy Lim of JL Family Office

2022/08/25 by Christopher Caillavet Leave a Comment

Savills Investment Management has launched its second UK-focused fund backed by the family office of ARA Asset Management founder John Lim, this time for a build-to-rent development strategy.

The fund aims to raise £200 million ($241 million) for development of… Read More>>

Savills Investment Management has launched its second UK-focused fund backed by the family office of ARA Asset … Read more>>>

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