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Alok-Aggarwal Brookfield

Brookfield India REIT Swings to Six-Month Profit as Office Market Outperforms

Alok-Aggarwal Brookfield

2024/11/08 by Christopher Caillavet Leave a Comment

Brookfield India Real Estate Trust reported a net profit of INR 625.9 million ($7.4 million) for the first half of 2024, reversing a year-earlier loss of INR 250.5 million, as Asia’s most populous country continues to lead all regional markets… Read More>>

Brookfield India Real Estate Trust reported a net profit of INR 625.9 million ($7.4 million) for the first half of 2024, … Read more>>>

KKR Japan CEO Hiro Hirano

KKR Acquires Over a Third of Japan’s Fuji Soft Amid Takeover Tussle With Bain

KKR Japan CEO Hiro Hirano

2024/11/08 by Christopher Caillavet Leave a Comment

US private equity giant KKR on Thursday announced its acquisition of more than a third of Fuji Soft, becoming the company’s largest shareholder and striking the latest blow in a three-month battle with rival Bain Capital for control of the… Read More>>

US private equity giant KKR on Thursday announced its acquisition of more than a third of Fuji Soft, becoming the … Read more>>>

Mercedes-Benz Selling Back Singapore Shed and More Asia Real Estate Headlines

2024/11/08 by Michael Cole Leave a Comment

Luxury car maker Mercedes-Benz is selling a Singapore facility back to the government, with that deal leading today’s headline roundup. Also making the list, Chinese builder Hopson seeks to refinance a bridge loan and Hong Kong cuts interest rates in… Read More>>

Luxury car maker Mercedes-Benz is selling a Singapore facility back to the government, with that deal leading today’s … Read more>>>

Ong Beng Seng

Ong Beng Seng Buys Out Orchard Road Complex for $618M in Year’s Biggest Collective Sale

Ong Beng Seng

2024/11/07 by Christopher Caillavet Leave a Comment

Hotel Properties Ltd has acquired the Concorde hotel and mall complex on Singapore’s Orchard Road for S$821 million ($618.7 million), setting the stage for the property’s redevelopment amid a government-led rejuvenation drive in Southeast Asia’s best-known shopping belt.

HPL’s bid… Read More>>

Hotel Properties Ltd has acquired the Concorde hotel and mall complex on Singapore’s Orchard Road for S$821 million … Read more>>>

siddhartha_gupta

Hillhouse’s Rava Buys Indospace India Sheds for Nearly $100M

siddhartha_gupta

2024/11/07 by Michael Cole Leave a Comment

The India unit of real estate investment manager Rava Partners has acquired logistics facilities in Chennai and Pune from rival Indospace for INR 8.4 billion ($99.6 million), according to sources familiar with the transaction.

The acquisitions of the… Read More>>

The India unit of real estate investment manager Rava Partners has acquired logistics facilities in Chennai and Pune … Read more>>>

Kaisa Kwok Ying-shing

Kaisa Marketing Hong Kong Headquarters Floor for $64M After 43% Drop in Value

Kaisa Kwok Ying-shing

2024/11/07 by Kevin He Leave a Comment

Defaulted Chinese developer Kaisa Group Holdings is marketing an office floor which serves as its headquarters in Hong Kong, with the strata-titled asset having lost nearly half its value since the company purchased the space over five years ago.

Shenzhen-based… Read More>>

Defaulted Chinese developer Kaisa Group Holdings is marketing an office floor which serves as its headquarters in Hong … Read more>>>

Villawood (Image: Brookfield)

Brookfield Boosts Aussie Shed Holdings to $830M and More Asia Real Estate Headlines

Villawood (Image: Brookfield)

2024/11/07 by Michael Cole Leave a Comment

A Sydney project enlarges Brookfield’s Down Under logistics portfolio, with that story leading today’s headline roundup. Also in the news, Blackstone looks to refinance some of its AirTrunk-related debt and a convicted oil trader’s wife markets a Singapore mansion.

Read More>>

A Sydney project enlarges Brookfield’s Down Under logistics portfolio, with that story leading today’s headline roundup. … Read more>>>

Duncan Owen Link REIT

Hong Kong’s Link REIT Grows Revenue 6.4%, Still Struggles with Declining Valuations

Duncan Owen Link REIT

2024/11/06 by Kevin He Leave a Comment

Despite posting revenue and net property income growth of 6.4 percent and 5.8 percent in the six months ended 30 September from the same period last year, respectively, Link REIT’s improving operating performance was unable to offset widening fair value… Read More>>

Despite posting revenue and net property income growth of 6.4 percent and 5.8 percent in the six months ended 30 … Read more>>>

Lee Chee Koon of CapitaLand Group

CapitaLand Investment Boosts Fee Income 6%, Raises $195M for SE Asia, India Funds

Lee Chee Koon of CapitaLand Group

2024/11/06 by Christopher Caillavet Leave a Comment

CapitaLand Investment on Wednesday posted a 6 percent year-on-year rise in fee income for the first nine months of 2024, following the day-earlier announcement of S$261 million ($195.5 million) in fresh capital for the real estate fund manager’s Southeast Asia… Read More>>

CapitaLand Investment on Wednesday posted a 6 percent year-on-year rise in fee income for the first nine months of 2024, … Read more>>>

Yoon Pyo Lee_Photo

BlackRock Names Former Morgan Stanley IM Exec Yoon Pyo Lee Head of Korea

Yoon Pyo Lee_Photo

2024/11/06 by Kevin He Leave a Comment

BlackRock has named Yoon Pyo (YP) Lee as managing director and head of South Korea, with the former Morgan Stanley Investment Management executive tasked with developing and executing a long-term business strategy in the country for the world’s largest asset… Read More>>

BlackRock has named Yoon Pyo (YP) Lee as managing director and head of South Korea, with the former Morgan Stanley … Read more>>>

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