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Bas Tiemstra of CBRE Global Investors

Korean Pension Fund Adds $235M to CBRE GI-IGIS European Mandate

Bas Tiemstra of CBRE Global Investors

2021/07/20 by Christopher Caillavet Leave a Comment

South Korea’s Public Officials Benefit Association has confirmed its commitment of an additional €200 million ($235.6 million) to a European investment vehicle managed by CBRE Global Investors and IGIS Asset Management, in a move that adds a third tranche of… Read More>>

South Korea’s Public Officials Benefit Association has confirmed its commitment of an additional €200 million ($235.6 … Read more>>>

Chong Kee Hiong Suntec

Suntec REIT Buying London Office Block From Ivanhoe Cambridge for $489M

Chong Kee Hiong Suntec

2021/06/30 by Christopher Caillavet 1 Comment

After a pair of Singapore office sales, SGX-listed Suntec REIT has agreed to acquire a London office building for £353 million ($489.4 million), according to an announcement to the Singapore stock exchange.

The ARA Asset Management-controlled vehicle is purchasing The… Read More>>

After a pair of Singapore office sales, SGX-listed Suntec REIT has agreed to acquire a London office building for £353 … Read more>>>

richard smith unite students

GIC JV Acquires Two London Student Housing Projects for $472M

richard smith unite students

2021/06/21 by Christopher Caillavet Leave a Comment

Singapore’s GIC has made its third major real estate investment this month, as the sovereign wealth fund doubles down on a four-year-old bet on student housing in the UK.

Unite Students, Britain’s largest provider of purpose-built student accommodation, said Friday… Read More>>

Singapore’s GIC has made its third major real estate investment this month, as the sovereign wealth fund doubles down on … Read more>>>

Ascott chief executive officer Kevin Goh

CapitaLand’s Ascott Takes on $110M Student Housing Project in South Carolina

Ascott chief executive officer Kevin Goh

2021/06/17 by Christopher Caillavet Leave a Comment

Singapore-listed Ascott Residence Trust has returned to the US for a second helping of Southern hospitality, joining forces with sister firm The Ascott Ltd to invest in and develop a Columbia, South Carolina student housing project for an expected $109.9… Read More>>

Singapore-listed Ascott Residence Trust has returned to the US for a second helping of Southern hospitality, joining … Read more>>>

Chiu and Hoong Far East Consortium

Far East Consortium Selling City of London Hotel to Cerberus, Highgate for $160M

Chiu and Hoong Far East Consortium

2021/06/17 by Christopher Caillavet Leave a Comment

Hong Kong-based Far East Consortium, a frequent buyer of UK real estate, has turned seller with its latest deal by agreeing to offload a City of London hotel for £115 million ($160.4 million).

FEC expects to record a gain of… Read More>>

Hong Kong-based Far East Consortium, a frequent buyer of UK real estate, has turned seller with its latest deal by … Read more>>>

cindy chow mnact

Mapletree North Asia Commercial Trust to Add HP Japan Building for $350M

cindy chow mnact

2021/05/31 by Christopher Caillavet Leave a Comment

Singapore-listed Mapletree North Asia Commercial Trust has agreed to buy a Tokyo office building fully occupied by Hewlett-Packard Japan for JPY 38.8 billion ($350 million).

MNACT will acquire an effective interest of 98.47 percent in the nine-storey office block in… Read More>>

Singapore-listed Mapletree North Asia Commercial Trust has agreed to buy a Tokyo office building fully occupied by … Read more>>>

Lim Chow Kit - GIC CEO

Singapore’s GIC to Open Office in Australia

Lim Chow Kit - GIC CEO

2021/05/31 by Michael Cole Leave a Comment

Singapore’s sovereign wealth fund has become one of the biggest foreign investors in Australia, thanks to acquisitions of offices, warehouses and other assets, and now it plans to set up a permanent presence in the country as it looks for… Read More>>

Singapore’s sovereign wealth fund has become one of the biggest foreign investors in Australia, thanks to acquisitions … Read more>>>

Paul Gately Baring

Baring, Singapore’s SLB Stitch Up Melbourne Commercial Tower for $159M

Paul Gately Baring

2021/04/27 by Christopher Caillavet Leave a Comment

Hong Kong’s Baring Private Equity Asia (BPEA) has teamed up with a Singapore-listed developer to back an A$206 million ($159.5 million) consolidation of a commercial building in central Melbourne.

BPEA, together with Matthew Ong’s SLB Development and local partner Futuro… Read More>>

Hong Kong’s Baring Private Equity Asia (BPEA) has teamed up with a Singapore-listed developer to back an A$206 million … Read more>>>

RFR-Vanke Midtown Condominium Project in Manhattan

Vanke Manhattan High-Rise Risks Foreclosure as ICBC Files New York Lawsuit

RFR-Vanke Midtown Condominium Project in Manhattan

2021/04/22 by Christopher Caillavet Leave a Comment

A legal tussle between China Vanke and its partner in a Manhattan real estate project took a dramatic turn this week as their creditor, Chinese banking giant ICBC, moved to foreclose on the joint venture’s midtown high-rise.

ICBC on Tuesday… Read More>>

A legal tussle between China Vanke and its partner in a Manhattan real estate project took a dramatic turn this week as … Read more>>>

Muktar Widjaja

Indonesia’s Sinar Mas Offloads Building in London’s Soho for $99M

Muktar Widjaja

2021/04/17 by Christopher Caillavet Leave a Comment

Sinar Mas Land has become the latest Asian investor to make waves in the London real estate market, with the Singapore-listed developer countering a wave of inbound investment with the sale of a freehold office block in Soho.

The company… Read More>>

Sinar Mas Land has become the latest Asian investor to make waves in the London real estate market, with the … Read more>>>

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