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ESR Jeffrey Shen

ESR Proposes China REIT Seeded With 3 Greater Shanghai Logistics Projects

ESR Jeffrey Shen

2022/12/14 by Christopher Caillavet Leave a Comment

ESR on Tuesday announced plans for a China REIT seeded with three of the group’s logistics projects west of Shanghai, as the industrial specialist looks to securitise mainland assets after authorities cleared the way for onshore listed trusts last year.

… Read More>>

ESR on Tuesday announced plans for a China REIT seeded with three of the group’s logistics projects west of Shanghai, as … Read more>>>

Uday Kotak

Kotak Closes on $645M From CPPIB, AIIB for India Infrastructure Fund

Uday Kotak

2022/12/14 by Christopher Caillavet Leave a Comment

India’s Kotak Investment Advisors on Tuesday announced the first closing of its Kotak Infrastructure Investment Fund with INR 5,328 crore ($645.4 million) in combined commitments from the Canada Pension Plan Investment Board and the Asian Infrastructure Investment Bank.

KIIF targets… Read More>>

India’s Kotak Investment Advisors on Tuesday announced the first closing of its Kotak Infrastructure Investment Fund … Read more>>>

Daiwa House Industry Checks Out of Resorts and More Asia Real Estate Headlines

2022/12/14 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Japanese developer Daiwa House Industry sells its resort hotel business, and mainland power couple Celine and Gordon Tang buy more shares of Singaporean builder Chip Eng Seng.

Daiwa House Industry… Read More>>

In today’s roundup of regional news headlines, Japanese developer Daiwa House Industry sells its resort hotel business, … Read more>>>

Zhang Li R&F

Guangzhou R&F Co-Chairman Arrested on Kickback Charges in UK, Held on $18M Bail

Zhang Li R&F

2022/12/13 by Beatrice Laforga Leave a Comment

Guangzhou R&F Properties co-chairman Zhang Li has been arrested in London on suspicion of paying kickbacks in return for permits for a development project in San Francisco.

Reuters reported Tuesday that Zhang, who co-founded and also serves as chief executive… Read More>>

Guangzhou R&F Properties co-chairman Zhang Li has been arrested in London on suspicion of paying kickbacks in return … Read more>>>

PNB chairman Arifin Zakaria

Malaysia’s PNB Said to Back $214M Investment in Elanor Healthcare Property Fund

PNB chairman Arifin Zakaria

2022/12/13 by Christopher Caillavet Leave a Comment

Australia’s Elanor Funds Management has reportedly received help from Malaysian asset manager Permodalan Nasional Berhad to complete the A$289 million ($214 million) recapitalisation of the Elanor Healthcare Real Estate Fund.

The capital injection will provide a full liquidity event for… Read More>>

Australia’s Elanor Funds Management has reportedly received help from Malaysian asset manager Permodalan Nasional Berhad … Read more>>>

Sanjeev Dasgupta - CEO of Ascendas India Trust

CapitaLand India Trust to Develop $230M Data Centre in Chennai

Sanjeev Dasgupta - CEO of Ascendas India Trust

2022/12/13 by Christopher Caillavet Leave a Comment

CapitaLand India Trust is ready for its third data centre project as the REIT on Tuesday announced plans to invest INR 19.4 billion ($230 million) to acquire and develop a Chennai site for a 55-megawatt facility.

SGX-listed CLINT has agreed… Read More>>

CapitaLand India Trust is ready for its third data centre project as the REIT on Tuesday announced plans to invest INR … Read more>>>

CIFI Headquarters

CIFI Mulls Exit From Property Management Arm and More Asia Real Estate Headlines

CIFI Headquarters

2022/12/13 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, troubled developer CIFI prepares to sell a stake in its services division, Blackstone taps the brakes on an eagerly awaited private equity fund, and Sun Hung Kai Properties announces the completion of a… Read More>>

In today’s roundup of regional news headlines, troubled developer CIFI prepares to sell a stake in its services … Read more>>>

merlin swire

Swire Group Sells Hong Kong Luxury Project to Fund for $128M

merlin swire

2022/12/12 by Pawara Laothamatas Leave a Comment

Swire Group has sold a luxury housing compound on Hong Kong’s Peak for HK$1 billion ($128.3 million), in what has been tallied as the city’s most expensive luxury property deal so far this year on a per square foot basis.

… Read More>>

Swire Group has sold a luxury housing compound on Hong Kong’s Peak for HK$1 billion ($128.3 million), in what has been … Read more>>>

Yang Huiyan Country Garden

Country Garden Heiress Selling $650M in Property Management Shares as Price Rebounds

Yang Huiyan Country Garden

2022/12/12 by Beatrice Laforga Leave a Comment

Hailed as China’s richest woman, Yang Huiyan has agreed to sell a portion of her controlling stake in Country Garden Services Holdings for about HK$5.06 billion ($650 million) to mark the third major sale of equity in the group within… Read More>>

Hailed as China’s richest woman, Yang Huiyan has agreed to sell a portion of her controlling stake in Country Garden … Read more>>>

Rao Srinivasa

India Data Centre Market to Double Capacity by 2025

Rao Srinivasa

2022/12/12 by Pawara Laothamatas Leave a Comment

India’s data centre stock is expected to double over the next three years to reach as much as 20 million square feet (1.85 million square metres) and 1500 megawatts, driven by a regional e-commerce boom and increasing adoption of smart… Read More>>

India’s data centre stock is expected to double over the next three years to reach as much as 20 million square feet … Read more>>>

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