Singapore’s Frasers Property is selling a set of German sheds to its SGX-listed REIT, with that story leading Mingtiandi’s headline roundup today. Also in the news, China Vanke is said to be seeking loans of up to $11.1… Read More>>
General Atlantic Buying Actis to Create $96B Sustainability-Focused Asset Manager
US private equity firm General Atlantic has agreed to acquire London-based Actis for an undisclosed price, creating a global investment platform with $96 billion in combined assets under management, the companies announced Tuesday.
Actis, which has raised $25 billion in… Read More>>
Actis Sells Industrial Park to Exit First Vietnam Real Estate Investment
London-based fund manager Actis has sold its remaining interest in an industrial park in northern Vietnam to its local joint venture partner, exiting its first-ever real estate investment in the Southeast Asian nation.
Actis completed its sale of the 49-percent… Read More>>
Asia Real Estate People in the News 2023-11-20
India’s de facto sovereign fund leads this week’s review of personnel moves from around the region with news reports indicating that the organisation is targetting an Actis executive as its next chief executive. Also making the list are senior leadership… Read More>>
China Home Prices Fell Again in October and More Asia Real Estate Headlines
Mainland China’s ongoing housing crisis leads the real estate news from around the region today as government statistics show home prices declining at the swiftest rate in nearly nine years. Also in the news, the Hong Kong government is accusing… Read More>>
Wanda Talks Loan Relief With ICBC, Other Creditors and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Chinese conglomerate Dalian Wanda reportedly discusses loan repayment extensions as IPO hopes fade, and Chengdu-based Sichuan Languang Development receives a delisting notice. Also in the news are declining losses at WeWork and a… Read More>>
Asia Real Estate People in the News 2023-03-06
Generational change leads this week’s set of personnel moves from Asia’s real estate community with 94-year-old tycoon Wee Cho Yaw deciding to take a step back from one of the Singapore-listed companies under his leadership. Also in the news are… Read More>>
Fosun Said Shopping $1B Cainiao Stake and More Asia Real Estate Headlines
Warehouse bargains lead Mingtiandi’s list of real estate headlines today as debt-laden Fosun is said to be looking for a buyer for its stake in Alibaba’s logistics unit. Also in the news, the UK’s Actis buys up more renewables in… Read More>>
Evergrande Boss Said Selling London’s Priciest Mansion and More Asia Real Estate Headlines
Leading off today’s roundup of regional news headlines is China Evergrande founder Xu Jiayin, aka Hui Ka Yan, who reportedly has been unmasked as the ultimate owner of London’s most expensive house — a Knightsbridge mansion previously linked solely to… Read More>>
Actis to Invest $700M in India Life Science Assets and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, UK investor Actis prepares to make a large bet on India’s life sciences sector, Hong Kong home prices resume their decline after a brief rebound, and expats recoil from Singapore’s skyrocketing rents.