Asia real estate and outbound investment news
A consortium comprising Hong Kong’s Phoenix Property Investors, UK-based fund manager Actis and South Korean developer SK D&D has sold a two-tower office complex in southwestern Seoul for KRW 545.8 billion ($449.2 million).
The tri-national team offloaded the Young City… Read More>>
Shanghai-based industrial developer New Ease acquired a new partner today as the company chaired by ESR co-founder Sun Dongping announced a joint venture with fund manager Actis.
Warburg Pincus-backed New Ease, together with the UK emerging markets specialist, plan to… Read More>>
China’s September housing market leads the way in Mingtiandi’s roundup of real estate headlines today with the news that home price growth in mainland China has slowed for a fourth month in a row, according to official data.
In other… Read More>>
UK-based fund manager Actis has taken a majority stake in China-focused data centre specialist Chayora Holdings with a $180 million investment.
The London-headquartered firm, which is providing the capital through its Actis Asia Real Estate Fund and other managed investment… Read More>>
With buyouts still in style, sources in the UK are reporting market chatter about a possible JLL bid for UK-based competitor Savills putting this story at the top of Mingtiandi’s roundup of real estate news. Closer to our Asian home,… Read More>>
In today’s set of people moves from around Asia, a long-time private equity real estate executive finds himself carrying a new namecard after his division at Standard Chartered was acquired earlier this month, a mainland developer builds up the marketing… Read More>>
Standard Chartered Bank has sold its Principal Finance Real Estate (PFRE) business in Asia to UK emerging markets investor Actis and is reported to be close to unloading its private equity business as well. The deals mark an end to… Read More>>
