Asia real estate and outbound investment news
Singapore’s GIC has teamed up with Aussie REIT Dexus to buy a 50 percent stake in a landmark Melbourne’s commercial property for A$644 million ($398 million) through an off-market transaction.
ASX-listed Dexus announced in a bourse filing yesterday that the… Read More>>
Wanda Sports Group has agreed to sell its Ironman franchise to the owner of publishing house Conde Nast, just eight months after the company controlled by Chinese billionaire Wang Jianlin suffered 2019’s second-worst NASDAQ debut.
The sports and media unit… Read More>>
A troubled mainland developer’s race to dispose of assets to meet looming debt repayments took a twist yesterday when China Oceanwide Holdings brought on board a potential replacement buyer for its unfinished San Francisco project.
Oceanwide said in an announcement… Read More>>
Singapore Press Holdings has scrapped its acquisition of a portfolio of senior living facilities in Canada, as the potential impact of COVID-19 on property values triggers second thoughts on valuations.
The SGX-listed media and property conglomerate announced to the stock… Read More>>
A Chinese financial firm which once devoured New York’s Waldorf Astoria has sold off its second set of real estate assets this year, with European media reports indicating that Anbang Insurance has disposed of a set of Netherlands office buildings… Read More>>
Morgan Stanley Real Estate Investing, together with UK real estate investment house Greycoat, has sold an office building in the City of London to a separate account managed by CBRE Global Investors, according to an announcement this week by the… Read More>>
A joint venture between Singapore-listed Soilbuild Construction Group and iProsperity, an asset manager which manages funds for Chinese high net worth individuals, has acquired a portfolio of US boutique hotels at a discount, braving the coronavirus crisis for the chance… Read More>>
SC Capital Partners has purchased an office building in North Sydney from BlackRock for A$127 million ($83 million), as the Singapore-based private equity shop adds another Aussie asset to its portfolio.
Thai financier Suchad Chiaranussati’s firm said that it had… Read More>>
Singapore Press Holdings has made its second overseas investment in senior living facilities this week as the media and property conglomerate announced today that it has agreed to pay C$232.9 million ($176.6 million) to acquire a set of Canadian properties.
CapitaLand has agreed to acquire a business park in the UK for £129 million ($168 million), as Southeast Asia’s largest real estate group boosts its portfolio in post-Brexit Britain.
The Singapore property giant said that its acquisition of the Arlington… Read More>>
