Less than half of a year after launching its second India REIT IPO, Blackstone could be heading for another trip to the bourse, as the US private equity giant signs a preliminary deal to purchase $1.6 billion in commercial property… Read More>>
Hines, India’s DNR to Jointly Develop Bangalore Office Project
Hines, the Houston-based real estate firm with over $133 billion in assets under management across 205 cities globally, said Friday it has partnered with India’s DNR Group to build an office development in Bangalore.
The 20-storey tower will have a… Read More>>
Casino Prince Gets HK$500M HK Mansion for his Birthday and More Asia Real Estate Headlines
The son of a casino king leads the way in Mingtiandi’s roundup of Asia real estate headlines today as the gambling parlour princeling gets a Hong Kong mansion for his 25th birthday.
In other news around the region, a British… Read More>>
HK$100B West Kowloon Site Expected to Bring JV Bids and More Asia Real Estate Headlines
All eyes are on a prime commercial site sitting atop West Kowloon’s high-speed rail terminus as developers line up joint bids for what should be Hong Kong’s most expensive property to ever go up for sale. Those quirky mainland millennials… Read More>>
KKR Invests $102M in Embassy Group’s Latest India Office Project
Private equity giant KKR this week announced an INR 7.25 billion ($102.5 million) investment a premium office complex by Bangalore-based developer Embassy Group in the Indian firm’s tech-driven home town.
KKR is backing an Embassy project to develop one million… Read More>>
Warburg-Embassy Industrial JV Buys Bengaluru Site and More Asia Real Estate Headlines
India’s industrial real estate market continues to draw interest from international private equity players as a joint venture between Warburg Pincus and one of South Asia’s largest developers picks up a site in Bengaluru. Singapore also gets some headlines today… Read More>>
Keppel JV Embarks on $143M Bangalore Project for First Commercial Development in India
Singaporean developer Keppel Land announced on Monday that its India joint venture has agreed to acquire a 3.09 hectare (7.635 acre) site in Bangalore for development of an INR 10.4 billion ($143.3 million) mixed-use development.
The 1.18 million square foot… Read More>>
Blackstone Kicks Off $722M IPO for India’s First REIT
India’s first real estate investment trust – the Blackstone-sponsored Embassy Office Parks REIT – kicked off its IPO on Monday with the manager filing draft documents with the regulator.
The country’s maiden REIT will debut some four years after the… Read More>>
Bangalore, Singapore and Shenzhen Lead Ranks of Top Tech Locations in Asia
Bangalore, Singapore, and Shenzhen lead a list of top locations for high tech companies to set up shop in Asia, according to a report released this week by property consultancy Colliers International.
The trio of cities representing mainland China, Southeast… Read More>>
Blackstone Boosts Asset Portfolio in Run-Up to $1B India REIT IPO
Blackstone is transferring more investments into India’s first real estate investment trust just ahead of the proposed initial offering. The US investment giant’s local partner in the pioneering real estate deal, Embassy Group, is said to also be tweaking its… Read More>>
