Asia real estate and outbound investment news
Warburg Pincus-backed ARA Asset Management has set up its first ever direct fund management platform in Europe, according to a company announcement earlier this month.
The Singapore-based real estate fund manager has joined with London-based Dunedin Property Asset Management to… Read More>>
Hong Kong’s King of Toys, Francis Choi, has acquired full ownership of a prime office building in North Sydney after buying out the remaining 50 percent of the asset for A$300 million ($210 million), according to an announcement to the… Read More>>
Singapore-listed real estate investment trust Suntec REIT has agreed to acquire its fourth Australian commercial property, an office project in the Sydney tech hub of Pyrmont, for A$297 million ($208 million), according to an announcement to the stock exchange.
The… Read More>>
The Superman of Hong Kong’s property world leads the way in Mingtiandi’s roundup of Asia headlines today with the news that a REIT managed by an affiliate of the billionaire’s CK Asset Holdings is de-listing from the Singapore stock exchange.
After selling a pair of mainland commercial properties late last year for a combined RMB 5.56 billion, Singapore’s ARA Asset Management this month entered into a joint venture to buy a Chengdu retail property from a Tishman Speyer-managed fund.
For… Read More>>
ARA Asset Management announced today that it has registered the initial public offering prospectus for ARA US Hospitality Trust, kicking off a $451 million listing for the hotel investment vehicle in Singapore.
The public offer, which began on Thursday night… Read More>>
A surge of Singapore stories leads the real estate news from around the region today, leading with one of the city’s largest real estate fund managers’ plans for a $720 million hospitality trust.
And investors in the Southeast Asian financial… Read More>>
Warburg Pincus-backed ARA Asset Management announced on Friday that it had acquired a commercial block in the central business district of Brisbane for a reported A$96.5 million ($68.8 million), in the latest in a series of big-ticket investments down under… Read More>>
A fund managed by Singapore’s ARA Asset Management has agreed to purchase the iconic Seoul Square building from KR1 CR REIT, a locally-listed trust whose largest shareholder is a division of Singapore’s Keppel Capital.
The deal, which is said by… Read More>>
ARA Asset Management on Thursday announced the sale of six office floors in Suntec City to Alpha Investment Partners, a subsidiary of Keppel Capital, for S$160 million ($117.8 million), in one of Singapore’s most expensive office sales in the past… Read More>>
